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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 901
Forum Topic:

CHF

Discuss CHF
 
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Ganja
United States
Posts: 278
13 years ago
Mar 14, 2011 19:47
ok..gl....scalping tough biz..

btw..I am not in war, nor soldier in trenches..
so not part of your WE..

suggest you cut down your size as it is inappropriate for your, so far, display of trading expertise, no matter the acct.size
Gammahunter
Douglas, Isle of Man
Posts: 82
13 years ago
Mar 14, 2011 19:33
hello ganja i am annoy bcos i make +14 tick on 3 lots (+42 ticks total) on fri swissie only to see reversal today and finish -6 overall on 5 lots. Is my fault shd make stop loss to b/e on swissie..ah well this is our war and we r soldiers in trenches
Gammahunter
Douglas, Isle of Man
Posts: 82
13 years ago
Mar 14, 2011 19:26
hello subway90 yes always must go with flow in s/term trading. problem is .927 and then .925 gave way and they were big suppt lvl in swissie. I have feel .921 will hold and will see another move to .93 and yes will then make my lost pisp back..anyway my acct still strong and live 2 fight again..thnx!
Ganja
United States
Posts: 278
13 years ago
Mar 14, 2011 18:55
whoops thought u were short to begin with, but now u long??..can make a few..then south..
Ganja
United States
Posts: 278
13 years ago
Mar 14, 2011 18:53
usd/chf lookin like starting its lil 60/70 pip rally before cont dntrnd....
gamma.. could wait and add your other lot higher, since your scalping...
but if 24x2 is an ouch then A MUST switch to .5 lotz per trade until consistent
subway90
Posts: 1078
13 years ago
Mar 14, 2011 18:09
gamma...

i think you're trying to fight the trend.... make the trend your friend... and you'll be fine...

try to cover your longs if you see 9290/9300 level....

looks like downtrend has resumed and will likely target 9160 enroute to 9000 level....

i wouldn't be surprised to see swissy fall to 8800 level in coming months... gl/gt
Gammahunter
Douglas, Isle of Man
Posts: 82
13 years ago
Mar 14, 2011 17:43
overall -6 points on usdchf trades....ok..lets hope beter trade as have open 1 new lot at .9228
Gammahunter
Douglas, Isle of Man
Posts: 82
13 years ago
Mar 14, 2011 17:40
v sad day as USD crushed in trading...rotation to safe haven CHF...stop hit @ .925 -24 ticks on 2 lots..ouch!!
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 14, 2011 12:39
Have you heard the phrase "One market". All are one.

I am not so experienced trading currencies as most futures instruments. I am still learning from Ashraf and others about the correlations.
DaveO
UK
Posted Anonymously
13 years ago
Mar 14, 2011 12:34
Gamma, my internals for stocks tell me about real strength/weakness versus manipulations and head fakes so this gives me a quite accurate picture for risk appetite/aversion, whether to take seriously. For currencies its more about correlations between pairs and versus commodities & treasuries. Individual currency strengths also need watching.
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