We only briefly talked about this many posts ago but grader has a spread sheet that allows him to see how far he can go down before getting sold out at 100% margin useage. I guess this last time he could go down to 180 or something. 180! hahaha not to make fun but he is very smart and very safe with his margin! I laugh at 180 because even in England sunk into the ocean price wouldnt go down to 180
One ;loss leader left at 211.75 I am holding this, And often after having only one loss leader left, I think I should change its TP to 100 pips, because I dont really want to sell this. That way I still have an 'interest' in the market.
and if she decided that the north pole is nice this time of year, I would be going with here there, but if you dont have any orders you are not going anywhere with her.
And once you missed the 'bus', All you can often do is watch her speed off,
you cannot catch her! Nothing worse than watching her drive from Oklahoma
to minnesota, while you are NOT on the bus!
If you are kind to her and speak nicely about her, she will come ppick you up anywhere, even Arkansas! and take you back North out of the states into God's country, Canada! BTW all (without exception) countries are God's.
If you bad mouth her, well can you say whipsaw? She is the most skilled user of the whipsaw in the forex world. She has whipsawwed all sorts of 'Big Boys'....really she doesnt care how big you are, she fears NOT!
Quote:
Originally Posted by rrram2
I have lost track of how many pips I made. Anyone who bought on that run all the way down to 208.00, should have learned some lessons.
It just goes to show HOW she MOVES. It is not about me being right.
We arent to toronto yet , but she isnt too far off from where she fell from.
I cheered her on the whole way. I drug her north with my will. Bullish divergence finally was a the winner. We just broke 14.6 fib 211.45. From here I am only at 5.01% margin useage.
Next buy down is 210.35, But as I always say we may never see that price anytime soon, but just in case we get there, my order is in.
2 GJ lots left to sell, a run up to 212 will flatten me out. Where she gets me is after she zoomz up past my loss leader causing my loss leader to sell for aprofit, then when she keeps going another bunch of pips I almost always miss out on them.
Maybe I need to start limiting the amount of gas she has in her tank! |