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Did I use "snapped close" right there? Does that qualify?

Ah I see. I just hope he's doing what his system is telling him to do, rather than trading just to avoid being wrong in front of his audience. The decision to double-down on the EUR short is somewhat peculiar, especially after starting this thread just 24 hours ago.

So the next step is to closing out the winning side and double down on the loser?

Outside of this morning's issues, anyone else been getting funny spikes on their intraday charts?

Aint that the truth. Thought I saw you post somewhere else earlier, WB Holmes.

Why do you consider what I wrote a flame? I gave you kudos on a great call earlier, I was just wondering where you cut off your short, or if you just keep letting it run? Because I think the interest you earn is something like a couple pips a week? Is that usually worth the drawdown? Thanks.

Ah ok, you sold 1.2520 and now you've bought back at 1.2572. Since you're still short in the other account, essentially you've just snapped close a 52-pip loss? Is that how it works? Just wanted to get things cleared up, you're such an active trader. Thanks again.

Just curious if you had a cutoff point for re-entries and how far you'll let it give back what you made earlier. Thanks.

But you didn't make much money off of it, did you? You're still sitting there waiting for the market to come back down and let you out of your EUR short in the other account right? Just wanted to make sure where your system stands at the moment.

I commend anyone who can trade this pair on the short term consistently. Today is a reminder of why I took this thing off my tickers months ago :)

Ugh that thing. Just something to keep myself honest with a consistent reminder of how easily I f*ck things up :) Very prescient post btw Ivan. Today is just one of those days "trading to never be wrong" gets it's ass handed to it.

You started a whole thread bearish USD, and you sold your euro at 1.2520? Dude you missed out! Oh yeah, how's the short doing on the other account?

Well that depends if you believe simplicity and logic are beneficial in one's trading. :) But half-kidding aside, I think gnome's post reflects what I meant by comparing tf to being long or short. There are times you want to follow the trend (greatly simplified, when you believe there...

Yep, long winners in one thread, short winners in another. Sadly, I think I was the one who gave him the idea :( If you want a good laugh, make an alias and pm him about his system. Good stuff :)

Trendfollowing will usually work when there is a trend, and will likely fail when there isn't one. To me it's like asking if being long works better than being short.

Why so defensive dd? It's a serious answer. "They" (aka other traders) have to shake each other out before the move can continue. I mean, by god, can you imagine if you made another couple hundred points overnight on that single trade? We wouldn't hear the end of it. Oh, and congrats on...

So they don't let pikers randomly guessing make $$ that easily? Just my guess.

Doesn't short term trump long term by definition at market turns, while long term trumps short term in the middle?

I'm curious -- for those who don't believe in trend following, what happens if you get into a trade for whatever reason, and it just keeps going in your favor? Do you simply exit the trade because "trend following is faulty"? I mean, if it's stupid for someone else to sell while something is...

Coinzy did alot better than that today. :P