- Search Metals Mine
- thelostpip replied Jan 6, 2015
You want to open a larger position in the direction you think its going to go and a smaller one in the direction you think it WONT go. That way if you are right you walk away with a full profit in one position and one to kill the loss of the hedge ...
EURUSD
- thelostpip replied Jan 6, 2015
image Now its not a perfect reflection but its damn close. now as you can see I am moving in the right direction. If I get to the 40-50 pip profit area I will close my USD/CHF position and let the EUR/USD positions run
EURUSD
- thelostpip replied Jan 6, 2015
Yea. basically I just opened 2 short positions in EUR/USD. Then One short position on USD/CHF. Now if EU was to retrace up, my UC position would cut my losses in half.
EURUSD
- thelostpip replied Jan 6, 2015
So I am sure that I am not the first person the think this up but I was wondering if anyone else has tried this... How many of you have used USD/CHF to hedge your EUR/USD trades? How has it worked out for you? USD/CHF is literally a mirror image of ...
EURUSD
- thelostpip replied Dec 4, 2014
My suggestion? Find another pair to trade for a week. Way too dangerous to long and shorts need a breather
EURUSD
- thelostpip replied Dec 3, 2014
I find it a bit shocking how much control you think "they" have over the market. 2 trillion traded a day. I bet at least 1/4 of it is people like us on thier computers at home. Manipulating the market to the degree that some folks on here believe ...
EURUSD
- thelostpip commented Dec 2, 2014
You do have a good point my friend! To each thier own
although I still find it hard to buy a bearish pair no matter the time frame.
Australia Building Approvals
- thelostpip commented Dec 1, 2014
Hawkish AND dovish...now they're just messing with us..
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- thelostpip commented Dec 1, 2014
scalping is addicting and exciting...but long term is where the money is. aud is bearish against the strong USD. short it with a big stop and wait for the cash flow. it may take a week or two but it will go down. No its not as exciting to check your ...
Australia Building Approvals
- thelostpip commented Nov 21, 2014
I cant believe there are still people saying buy....someone has to be on the losing end of my shorts I guess
))) Snagged 173 pips from the longs todayDraghi: Monetary policy in the euro area
- thelostpip replied Nov 18, 2014
Seriously... this thread has blown my mind. this stuff is like the freakin matrix. this is FOR SURE going to be on every chart I trade.
Gann Analysis
- thelostpip replied Nov 4, 2014
image It seems to me that price rejected the downward trendline on the 4H chart with the last candle and is now making an indecision candle at the daily (red line) and Monthly (purple line) If it closes above these lines, then I will be bullish. ...
AUD/USD
- thelostpip replied Nov 3, 2014
Something a bit screwy bout that...231 pips at 1 mini lot does not make $2031....
EURUSD