Quote:
Originally Posted by 4xStar
OK, very cool information ... now I see how you use the 2 separate charts and why the 5/10 is icing on the cake.
Since we have a really interesting example here with cable, maybe you can go over this trade as your strategy applies to it .. i.e. I think we both shorted around 1.9970, I added a couple higher but then got really spooked .. so I just observed (did not close trades) and she shoots up to 2.0134!! I've never seen the GBP/USD move like that. I shorted one more around 2.0120 .. but as someone who is used to this strategy, how did you or does one handle a rapid & strong move up like that? I guess you just figure "what goes up must come down ... sometime??"
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To be honest I already took profit at 50 and so pips on some just to free margin and put profits on balance. I am still in the hole. I will just have to wait and have faith. I have never seen this before either. This is a great start to my strategy.
This is a true test of my patience. Will I stick around long enough to ride the other side of the 200.
I need support right now.
