Eur/USD

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Quote from Exchanges:

Truth be told, I closed two shorts today - totaled 90-pts profit thereabouts.

Opened another short @ 1.1962.

Go ahead, call me short-happy. :D

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Awesome...Good trades X!

-Kastro
 
Quote from Kastro_316:

Just closed my short on EUR/USD

Short at: .21680
Took profit at: .19707

:)

Did not put in many units because I had a tight stop on it, but still...

Looking to re-enter just above .1900

-Kastro
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Well done.

Did you mean to say "a wide stop"? Generally, a tight stop allows one to scale the trade size up. Or maybe you were simply expressing the notion that, going into that short, you had been prepared to bail out quickly. Thus limited risk exposure even further, tight stop + moderate size.
 
Tight stop means the stop is very close to the enter price. The trader realizes it's a risky trade, although the odds are slightly with him/her.
 
Quote from Ezekiel:

nice trading exchanges :)
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Thanks, EZ.

The more I read the posts of the majority of these posters the more I realize they have no idea what's going on, nor how to trade.

Not even the first clue!

It's good for those who do, though. :D

X
 
Quote from Ivanovich:

Tight stop means the stop is very close to the enter price. The trader realizes it's a risky trade, although the odds are slightly with him/her.
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That is what I meant, thanks.

Just opened a EUR/USD long position at .20438 :)

-Kastro
 
Close at 1.2059. I think it will stall at resistance even after the run upward due to March IFO business climate index numbers and maybe money supply growth.
FOMC will weigh.
 
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