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Alright I closed half of my long AUD/USD. Profit = 5x initial risk. That's enough. I need my money to short more EUR. Stop of the remaining half at 9346. "I made my money by selling too soon"

Smile. :)

Yes, depending on how you draw the trendline (off of which highs). Only thing worrying here is Wheeler's recent comments about high-valued NZD. But who cares, a hedge is a hedge, and will let me sleep tonight better.

I am hedging my JPY longs a bit via this setup:

On the topic of great quotes, here's the reason why I'm very greedy right now: Be fearful when others are greedy, be greedy when others are fearful (i.e. the yen shorts) -> Warren Buffet

Bernard Baruch's Quotes https://www.youtube.com/watch?v=3IYCLDJ1s3U

That is a rather paranoid view hahaha.. But yes, markets do not reward the majority. That's a fact.

I have to admit though, the USD/JPY short was too premature. I can't trade a breakout at this time of the day.... so I'm closing a bit of it at a 0.064 % loss + widen the stops to 102.22/37

yep, but, clear to whom ;) yen DSI is still extremely bearish, so a lot of people are short JPY. Those are getting scared now. And if fear kicks in, this market will move quickly (into my direction :D) Allright .... no over-confidence, please. That's why focus on reducing risk as soon as...

As to my knowledge, a double or triple top is only a double or triple top, once the lows are broken. But yes, extremely bearish. I'm short EUR/USD from 1.3904 with stop above the highs. Also scaled into EUR/JPY with average short entry now at 141.52. And for some sugar on top, a short USD/JPY at...

it's raining euros :cool: wish i had more leverage....

btw careful with your EUR/USD short. The ECB is very likely to stir big volatility later. (that's why I closed half my EUR/JPY to be able to widen the stop)

Makes sense to retest the breakout levels. I want a better price though :p *patience* which I will have while sleeping.. good night! (i.e. good morning over here)

hmm okay, point well taken :) all the best!

Cheers xelite. Not much of good work lately though, lost about 10 % on trying to catch a breakout in GBP/JPY and EUR/JPY (getting sick again on that EUR/JPY short, i closed half at loss and widened stop to above the triangle) .. but if i eventually catch it, i shall be compensated for all the...

how come? it's soooooooo relaxed ... the best is when you can enter on the H1 chart and manage to move to D1 .. then super tight risk and huge position, +pyramiding into it .. ahh i miss those yen breakouts :(

hahaha... USD/CAD ... want to go long, but at 1.0760 (that's not an order, will have to see first) for me it's way too bearish to do anything long at this point

this one

yea, maybe, but there's still time according to my chart drawings (i use the daily and h8 there). let's see how it develops. if i cant double up, then at least i'll FINALLY HAVE A GEZELLE TO EAT :D

yea, but what about targets? i'll take half off at 0.9554 (some fib extension)