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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
Sir Ignore
United States
Posts: 3068
13 years ago
Oct 20, 2011 0:12
so 39
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 20, 2011 0:10
i say easy short pips (1st target of 1st pattern) done.. and it's retracing north now..
Sir Ignore
United States
Posts: 3068
13 years ago
Oct 20, 2011 0:07
u be so smart jz
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 20, 2011 0:06
@Ashraf.. no hedging necessary.. just a simple bracket order will do.. use these all the time for ranges.. plus u can attach reverse buy/sell stops if you want as well.. for an extra bang:-)
Sir Ignore
United States
Posts: 3068
13 years ago
Oct 20, 2011 0:01
wat u make of da chart jz
Sir Ignore
United States
Posts: 3068
13 years ago
Oct 20, 2011 0:00
AL....pair trading..my preferred method (described here often) only I use 2 pair having more flexibility in adding and subtracting can get messy in dual
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 19, 2011 23:59
run a pattern scanner on ur 1h and it came with this..:-) not a highest confidance rating on these though..
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 19, 2011 23:49
Many are aksing about the DUAL TRADES in the Premium Section.


DUAL TRADES mean you go LONG (or short) in one trade, and SHORT (or long) in in the same pair.

I use DUAL TRADES when I expect a consolidative (range-bound) market, It is meant to take advantage of consolidating markets ie price action remaining in a specific range. DEPENDING on where the price is at the moment of getting the trades, you pick the trade that is closest, with the idea that the market will come back and eventually trigger the opposite trade.

These usually work on platforms that allow hedging and do not automatically square off opposing trades.

The MOST RECENT EXAMPLE is was from the latest Premium Trades in EURUSD.

At the moment of publication, the Long EURUSD trade below was triggered:


(NEW) Long EURUSD between 1.3715-1.3740, for limit between 1.3775-1.3800, stop at 1.3665.

Then the OPPOSING SHORT was triggered below

(NEW) Short EURUSD between 1.3805-1.3840, for limit between 1.3750-1.3780, stop at 1.3875.


Both trades hot all targets.


Ashraf
Sir Ignore
United States
Posts: 3068
13 years ago
Oct 19, 2011 23:45
can dig it
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 19, 2011 23:32
been playing looney tunnes lately.. it's a good vocal lead and amplifies pips..:-)