Seem like the guys over at FF have also figured it out for them selves too?
Yes, it’s not a great bed time story to show the kids - but ultimately we knew this all along.
Have a great Xmas
We can all cherry pick… I’d stick to your 10 lot trades… you’ll lose less money…
“Right now 3 floating trade, one is -600 pips, -300 and -200 something, total around -1200 pips, with total gain from january 2018 till now is 4600 pips.”
He comes some rattles right on cue…
Oh don’t get me wrong, it’s a great system to use for a newbie. Open a trade at a fixed time every day for no reason and see how it turns out. Sounds very well thought out, propper stuff that…
@BaconSandwich… I was only pointing out the similar discussion on another forum…
You have some issues… no posts for days and then bam… Negativity as soon as I post… get a life…
Moderators should clean all this rubbish back and forward off the thread…
Every thread on BP about to SL or not to SL ends in a fight… it was tongue in cheek, get a life…
You have an account with $900k, and it’s a real live account according to your first post. And now the outcome of your USDCAD positions is at the mercy of what info you can ruffle up here in this forum?
Doesn’t make any sense to me - i’ve seen it all this year now.
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I think you’ll find he is Canadian - trading in USD - so it is Not the two little positions he is concerned about, but the real exchange rate to get his money back into CAD
(iffn Im reading this aright) 
haha, I have no idea now - just seems a very curious post 
Falstaff hit it on the head! I watch the USDCAD like everyone else but with intense interest. I am looking for the best possible time to selloff and take the cake! Have been for a long time now.
I find myself in a pretty good spot but it’s taken several years to get here. It’s been a roller coaster but I’m finally in a really good position.
If USDJPY drops below 100, my equity will go way up in a hurry. The good thing about my situation is that the USDJPY pair is expected to drop in 2019. And if you look closely at the charts, in recent weeks, when the USDJPY has been going down, the USDCAD has been going up. For me, this is the perfect combination! It seems at times the opposite also holds true (which is not good). The potential for the USD to gain even more strength against the CAD while at the same time the yen is repatriated and becomes a lot stronger is real. Oil, a world tragedy, and other potential influences will likely help me out in this regard. One would think that a strong USD might be strong vs. JPY and CAD. However, this doesn’t seem to the case. The fact that there is some contradiction in those 2 pairs may also give me a little more sense of security.
Having a free margin of just under $600k and a margin level of over $3210 at the moment is really great. While I type this post, I see the rise in the north surge of the USDJPY but it will only give me more trading opportunities! Just opened 6 USDJPY shorts at 1.0 each. I will treat these as short-term trades and take profit soon enough due to the swap rates at present. The stock market won’t impact this pair for long. You’ll see… It spiked and now it’s on the downswing. What goes up must come down! Most of the time at least!
Yikes, it’s a strong northbound candle! I should have waited it out longer before jumping in… I am still not worried, I have been in this situation before!
I had to wait until today and could have made more. I ended up closing 2 for tiny gains and had the others set to TPs for a bit more. Back to where I was before I opened those trades yesterday!!!
You talk a lot but I’m afraid you’re not getting any wiser…you haven’t a clue about risk management and eventually you will run this account into the ground…now if you didn’t know this basic fx tidbit you can simply email your broker and ask to make your account “swap free” they have to do it no questions asked, which means no swaps charged nor paid … show us a screen capture of your account after you’ve done so with swaps column showing 0 and we’ll believe you it’s a real account cheers!
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Hey Pauly,
I ain’t gonna run any account in the ground and you obviously don’t have much knowledge if you think that’s possible with a margin level of well over 3200%! If I were going to run it into the ground I would have done so a long long time ago! Just because I have gone heavy on one or two pairs doesn’t mean I have no risk management! Besides, you haven’t seen my trade history since 2010! I currently have 18.5 lots running and would have to lose $600k before I run out of money! Sorry, but it ain’t gonna happen anytime soon!
As far as swap free accounts go, I will pass, thanks. I am not claiming to be Islamic, nor do I follow Shariah Law. But if it were offered with no strings attached, I might consider looking at it!
I could close every trade I have right now and I’d have earned a nice chunk of $$ since I opened the account. Of course, that is in addition to switching over from USD to CAD so I can quickly add another 36% to my equity!
Sorry Pauly, but I’m afraid you’re way off base. But I would love to see your account!
sell EUR DUH
sell EURNOK
SELL EURAUD
SELL EURUSD
SELL EURMXN
getting the idea? hold for 13 weeks then holler back?
Nothing like closing a few trades and taking a loss of over $130k in less than 2 minutes! As they say, a man’s gotta do what a man’s gotta do! My account suddenly went from $919k to $788K! The good thing is that my equity stays the same and my margin and margin level have gone way up. I may not be done. I am considering dumping another trade worth -$21k tomorrow before the market closes. Just a little housecleaning before year end!
Wishing you a great year ahead. Each time we trade in this market, we are moving towards more potentials to earn money. However, each time a trader tries to take decisions he must give complete emphasize on all important aspects of trading. A trader should try to work with proper trading strategy that can help him to obtain his trading purposes.
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Well said Sakhr_Zafir. I am feeling really good about today’s wild market. The only thing I may have done better the other day is hang onto to more of my negative USD/JPY trades because the outlook looks short. The swaps were causing me major grief so it wasn’t a bad decision to get rid of some of them. You saw my portfolio the other day but take a look at it now! My equity is way up and so is my margin level. At 5208% I simply can’t go wrong. I am in a safe place and can sleep well at night. If I can jack up my equity to around $740k all the while the USD/CAD stay at 1.35 or higher, I’ll be at the $1000k mark and will get out of dodge. I think at that point, I may start dumping money into the stock market so that when things turn around in the next year or two, I will be in good shape. I could also start withdrawing some $$ now and start the process (which might be a gradual / better plan). Either way, things are looking up and taking that $131k loss the other day was a wise choice. Moving forward, I will have nearly $50k tax-free capital gains profit next year. Add that to our Canadian TFSA and it’s going to be a nice chunk of tax-free income.
Take a look at my portfolio now since I dumped those awful trades that I had running for years:
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