Anybody Want to Talk About Forex?
- Thread starter oldtime
- Start date
Pounding Euro today. Short above 1.2795 since this is over a 2nd deviation move in past 24 hours. I will build a position and take profits at 1.2740 and 1.2690 in the next few days if the Euro sells off by Tuesday. If we trade to 1.2835 or higher I will sell the Euro one additional time and hold stop at 1.2870
It's amazing how wrong I have been. I've been short that EUR and AUD for as long as I can remember. Somehow I have been able to keep my head above water. Mainly due to aggressively adding to my long GBP and CAD.
The way I look at it, it's 50/50 as long as you treat your winners differently from the way you treat your losers.
I'm very conservative with my losers, and very aggressive with my winners
and I always know it can turn on a dime (usually my dime)
The way I look at it, it's 50/50 as long as you treat your winners differently from the way you treat your losers.
I'm very conservative with my losers, and very aggressive with my winners
and I always know it can turn on a dime (usually my dime)
Oldtime are you ok?
I can't believe how fast 1300 arrived just a few days ago was 100pips lower. 1300 was like a million miles away to me...
What will you do with your short position when we jump above 1300? Hold and add to your shorts, or take your losses?
Sorry to see you in this position.
I can't believe how fast 1300 arrived just a few days ago was 100pips lower. 1300 was like a million miles away to me...
What will you do with your short position when we jump above 1300? Hold and add to your shorts, or take your losses?
Sorry to see you in this position.