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Thread: Reconnection

  1. #51
    Another week starting. Watching closely since last night 4 Majors:

    - AUDUSD
    - GBPUSD
    - NZDUSD
    - USDCAD

    This is interesting considering the majors hadn't given much opportunities in the previous weeks. No crosses at all. Cannot take any decisions out of this yet. However, is something interesting to consider with all the market in general: all majors trending crosses remaining in range.

  2. #52
    The market is precisely where it has to be. Time keeps going and 60/120 minutes every 24 minutes and 180/360 minutes that the map gets more clear.

    I risked my commnt off of extremes plus small cycles, a matter today to determine just how price keeps going as soon as the moderate cycles grab.

    Ideally I will have the ability to shut the earliest positions before the Europe Open tomorrow since that would liberate DD and the possibility to re-enter again at a better place.

    Today is a day to cover swap, so that is fine. The chances are great.

    DD and margin are equally under control. 1.4 percent DD from all of the 12 positions opened at the four pairs being traded. Margin above 2000%.

  3. #53
    D1 closing in the High and Low - well, with 90 minutes to proceed.

    D1 closing in the HL is obviously a chance. Actually, if price has hit the extremes and isn't yet inside the moderate cycles, then is a fantastic egy to wait till the close of the day.

    Price hitting the intense and retracing just with the aid of the tiny cycles is a lower likelihood than price staying there and slipping in the direction of the extremes for hours. With hours I mean out of 6 to 18 hours until the retracement happen.

    To deal with this situation there's one egy in between: To scalp the retracement obtaining the entrance as perfect as possible and when price re-visits the initial entry then input again, yet now with a larger equity without a DD.

    All of it seems my basket will close now with the average DD of the day: minus 1% and having to pay the swap. Not the best situation to maintain, however manageable.

  4. #54
    What could have been a really good trading session is one which consist in closing positions and regaining margin and eliminating the DD.

    3.5 percent DD is way too large for my taste (being 5% my greatest). After my trades are on this neighborhood really I simply prefer to shut in zeros (which my machine permits).

  5. #55
    What the NZDUSD is performing I've seen it before. The final result is rewarding should all emotions are removed, but it is correct that the wait to get the counter move happens everything from the trader.

    The sad thing - apart from the sad wait - is this pair was yelling out loud it was going to act exactly like this

  6. #56
    I clicked here inforexintuitivealthough I don't do it. What folks is trading at the NU is Sell. Ok I say... it's obvious, the trend is down. Let's see what was the entrance level, and to my surprise it's Sell @ 0.7118. Are they out of their heads? How can someone participate into a sell of what is currently taking place at the base?

    Alright, I acknowledge I am not in position to sing victory here along with my 8 positions opened at the NU, 4 of these in red. However I've got the CERTAINTY the basket will shut - as a minimum - in B/E - or using the comando trading that I used using just a profit.

    Again: Buy from the Bottom Sell in the Top. How difficult is that?

  7. #57
    Fast follow up out of my transactions: Closed with an innegotiable minus 3.3% DD.

    Total results from this week: minus 5%.

    First unfavorable week since the outset of trading this egy starting on november 2017.

  8. #58
    Quote Originally Posted by ;
    Quick follow up out of my trades: Closed with an innegotiable minus 3.3 percent DD. Results from this week: minus 5%. Negative week since the outset of trading this egy starting on november 2017.
    Well done that you quickly cut your loses

    I am aware that a lot of Hedge funds try to ride major trends, they shed quite often but reduce their leaves fast, that is were you win with your counter trend trading.

    But from time to time, they ride that large trend that pays for their loses and bring them enormous profits, that is where you have to cut yours like you did.

    Beware of not being flooded in large waves and require care

  9. #59
    Quote Originally Posted by ;
    quote Well done that you quickly cut your loses that I am aware that a lot of Hedge funds try to ride big trends, they shed quite often but cut their leaves fast, that's were you win with your counter trend trading. However from time to time, they ride that big trend that pays for their loses and bring them profits, that's where you have to cut yours, like you did. Beware of not being bombarded in big waves and require care
    Thank you for the comments.

    Within this scenario cutting them fast was the best.

    A reminder to always watch the big image. When all is going alright relaxation is quite common.

  10. #60
    Catching those entries was the toughest thing to do even though what I said in my post appears easy. It took average 12 hours of tracking the growth of tendencies until the conclusion of the swings to take the little counter moves.

    Working together with 6 displays allowed me to track 4 in the exact same time at the micro level.

    1 display is permanently searching for extreme chances, once found I can track a maximum of 4 distinct pairs in the exact same time (to be fair, more would be too much having more displays, since you also ought to put cash when you push on the button). Then the fundamental display is the one with whom I work, I do all there. To be fair I just need one screen to work, another 5 are for trading.

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