Search results

Exactly. I only use very very basic fundamentals to show me the way and if technicals align with these fundamentals, then I enter the market. In case of CHF it is rather easy for me to see. SNB flodding the market with CHF to stabelize their currency (1.20 floor in EUR/CHF) so the absolutley...

drownpruf & xelite777, why don't you stop the ego tripping and discuss things in a normal way? We are traders, we sure are able to admit when we are wrong right? So all I see is a big pile of misunderstandings here. I am effectively short EUR/NZD. I don't care for correlations between any...

Yes if that NZD/JPY long reverses then I'll be out, but since it is trending, the odds are in my favour. NZD/JPY needs to break support for me to be out, EUR/JPY needs to break resistance for me to be out - my thinking is, that the odds of both happening are low. Since my strategy here is to...

I really don't understand why things need to get heated here all the time ... One advantage of synthethics is, that if you have two setups that end up in a synthetic, one setup might turn out as a loser, resulting in a small loss, while the other setup might turn into a winner, resulting in a...

Thank you for your input, xelite! I am synthetically short EUR/NZD. That NZD/JPY was one of my favourite setups, especially in such a clear uptrend in that pair, so I just had to take it to be consistent with my strategies, and especially to hedge my other JPY long exposure. I think that was a...

btw, you said you're into smaller timeframes because of the action. I'm on the daily and heck that's quite some action too !!! :D edit: ok to be honest I go down to H4 and H1 sometimes.. lets you fine-tune entries and exits

Yes, or in other words, if I lose this trade, then I lose 0.5 % of my capital. I'll keep my core short though, depending on what happens with EUR/USD and USD/JPY and equities.. and also whether EUR/NZD can break this bear flag as I'm still in that NZD/JPY long .. So many variables! Key here is...

adding 0.5 % risk to my EUR/JPY short at 140.47 with stops at 140.83/84

and/or he's lowering expectations so much, that even taking 2 years to blow 10k will make him feel good. (instead of his projected 6-12 months)

+1 OP, simple trivial question, why do you want to throw 10k out of the window. if you don't know what to do with it, go give it to your favourite charity organisation and at least help some people who need it. this thread is ridiculous.

gah... can't you people just hug each other

i just doubled the size of this long NZD/JPY setup, and trailed the stop to last week's low.

That's probably because of the GBP, which has indeed its own weird way of moving. First taking out each and every high and low, before finally making its move.. :D

errr i mean thursday's close .. 1.3850 usually these closes of reversal days are of importance

cool, in the meantime i confidently added a few orders to short EUR/USD around 1.38 with stops above last weeks close.

:) careful with the emotion "revenge"

because the stop you set is your STOP.

come over to FX

No freefall happened so I just closed that again. Too much risk heading into the weekend. Will revisit next week closer to 1.38 :)

doubling up EUR/USD short at 1.3772 FREEFALL (please)