Posted:
#376
grabbed 50 pips on the gbp/usd shortalso closed the EU/gbp long for about even made a pips on it
Schools out for[ex] summer....June edition
Posted:
#380
well on 1 of them i was shorting it for 4lots n it went completely the other way so i longed it for 2lots n it said i lost lik 300... then on another 1 i longed it for 2 lots n it was up lik 15 pips so i bought another lot of it n then it changed my previous trade to the new amount 4 3lots n then i was only up lik 4pips
Posted:
#382
Quote Originally Posted by GamblrzAnonyms:
well on 1 of them i was shorting it for 4lots n it went completely the other way so i longed it for 2lots n it said i lost lik 300... then on another 1 i longed it for 2 lots n it was up lik 15 pips so i bought another lot of it n then it changed my previous trade to the new amount 4 3lots n then i was only up lik 4pips
well on 1 of them i was shorting it for 4lots n it went completely the other way so i longed it for 2lots n it said i lost lik 300... then on another 1 i longed it for 2 lots n it was up lik 15 pips so i bought another lot of it n then it changed my previous trade to the new amount 4 3lots n then i was only up lik 4pips
Gamble
we add lots on a losing position to lower our price. if you were 15 pips on lots and add another lot it raise your cost average and thats why it went from 15 pips up to only 4 pips.
. really dont like gbp's weakness last hour or so tho, i think im gonna be stopped out at breakeven
Posted:
#387
me neither, my thinking was the durable goods orders weren't as bad as thought so being down over 100 pts seemed much but hell i think the market is over priced but have become accustomed to the insanity call the us stock market.
ugg gbp's is weak even with the market off its lows its still not making much movement upwards. iwouldnt mind closing 1 trade out near 134 if it gets there soon.
Posted:
#393
Quote Originally Posted by GamblrzAnonyms:
idk wut happen but i made $300 so im almost back to even, so its alrite... buck wut do u mean if my pair is goin up n makin pips n i buy more lots of it, its goin against me... so i should short it to make more?
idk wut happen but i made $300 so im almost back to even, so its alrite... buck wut do u mean if my pair is goin up n makin pips n i buy more lots of it, its goin against me... so i should short it to make more?
Sorry didnt take my laptop to work my brother was home today so he was keeping an eye on things for me...
Gamble if im down 100 pips in a position ill add more lots...if im selling and have two lots ill sell two more and instead of being down 100 pips on two lots im down 50 [or so] pips with four lots..its like adding shares of a stock at a lower price to lower your average..ill do the same if i bought two and get down 100...ill buy two more..thats why i start with only two lots,leaves me room to make another trade or average my way out of a trade if i have to...if youre in a sell and BUY a lot youre taking a loss on how many ever lots you BUY X the amount of pips..this is where you got your losses from
Im flat right now didnt get much from EU/LB but got out +++$$$...took 39 pips in GBP/$ looks like it missed me by only a few pips [less than 5]then he just said F it and bailed...
Posted:
#397
I was wrong about EU/LB turns out i took a small loss,i thought he told me we got out just above our entry was just below..CHF charts are giving me mixed signals from platform to platform but im gonna stick it out anyway...Daily chart is very SEXY on MT4.....not as good as it was for a sell 600 pips ago but its looking good...RSI is 32 and the +DI is 3.7 ADX 55.7
Wall,Pap anybody reading care to look at this chart and share your thoughts???
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