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tradestar1 replied Jul 30, 2012I think it would be a valid entry just a more aggressive one....I have a pending sell at 79.32 on that pair.
Quick and Dirty EOD
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tradestar1 replied Jul 30, 2012I was just looking over your trades Spyder..... good job...
.... Like I posted earlier in this thread this is a method I use to add positions to my main trading system.... I had not really thought about this as a stand alone method but this ...Quick and Dirty EOD
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tradestar1 replied Jul 30, 2012I just use two accounts... one for long positions and one for short positions......
Quick and Dirty EOD
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tradestar1 replied Jul 30, 2012No hedging in the US and FIFO can be worked around..... I thought you were in the US?
Quick and Dirty EOD
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tradestar1 replied Jul 30, 2012LOL.... I hear ya.... but the trades are very apparent on the java platform as well..... MT is just to untrustworthy as far as I am concerned, though Oanda's is the best of the bunch and they don't use that front running manager that other brokers ...
Quick and Dirty EOD
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tradestar1 replied Jul 30, 20121000 units is only 10 cents a pip, that's not bad. But I like Oanda's totally flexable position sizing on there FxTrade platform... really lets you fine tune your risk management ....
Quick and Dirty EOD
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tradestar1 replied Jul 30, 2012I don't know about the mt4.... I really don't like that platform..... you could however use it for your studies and trade on the FxTrade platform.. I been with Oanda a long time..... and really like the java platform.
Quick and Dirty EOD
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tradestar1 replied Jul 30, 2012That's even better.... but I can certainly with 4.3 whereas I don't think I could tolerate 15....... Also never heard of the broker you trade with Spyder.... are they US based?
Quick and Dirty EOD
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tradestar1 replied Jul 30, 201215 pip spread...
OUCH.... 4.3 at my broker. GBP/AUD has definitely shown some nice long term trends for quite a while now.... I have put this pair in my watch list as well and may just be keeping some long term trend positions on it as well.Quick and Dirty EOD
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tradestar1 replied Jul 30, 2012true enough.... but positive interest is still money in the bank......

The DIBS Method... No Free Lunch continues
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tradestar1 replied Jul 30, 2012Looks like you really got a hold of this method..... Nice work.... are you watching the GBP/AUD? it is showing some REALLY nice trends.... looks like a good candidate. I'm short that one and about 50 pips in the good so far.
Quick and Dirty EOD
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tradestar1 replied Jul 30, 2012Nice work.... Would you post a chart of those for me... Looks like another long just got opened..... http://screencast.com/t/jOf45lkX
Quick and Dirty EOD
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tradestar1 replied Jul 29, 2012With the current interest being earned on an interest positive trade basically being zero.... and the fact that many pairs are even interest negative on both long and short positions, I am inclined to agree with your assessment regarding a long term ...
The DIBS Method... No Free Lunch continues
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tradestar1 replied Jul 27, 2012Yeah.... next week could be a doozy........ I think this news related burst is going to do just that..... pop and fizzle.......

Quick and Dirty EOD
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tradestar1 replied Jul 21, 2012Thank you for the kind word's HB... I use a similar method to add to my longer term trend positions so I see the value here.... You have always been a great contributor and I have followed a lot of your contributions.... Keep up the great work.
Quick and Dirty EOD