Congrats to that!
I guess I have to learn to hold my orders, been closing prematurely, many times.
That may be because you are live and those with heavy pip loads are demo traders like me. I had over 2500 pips with NN10.2 both manual and with EA (verb's codex)kelisa wrote:Wow...is that a week's harvest?
Congrats to that!
I guess I have to learn to hold my orders, been closing prematurely, many times.
For the record, all my trades are live at my full position sizes. I have been adding positions and holding on these trends for two weeks now. Will be looking to close them up sometime today. I'm somewhere in the area of 2.5k+ pips in float.forexripper wrote:That may be because you are live and those with heavy pip loads are demo traders like me. I had over 2500 pips with NN10.2 both manual and with EA (verb's codex)kelisa wrote:Wow...is that a week's harvest?
Congrats to that!
I guess I have to learn to hold my orders, been closing prematurely, many times.
Gave this a second thought and have closed all my open trades. Frankfurt coming online in an hour and there should be a lot of squaring of trades in prep for NFP.verb wrote:06-01-2012
At NB's request. Here's what I'm looking at for today. In general, I wont be adding long term positions today in prep for NFP. I might scalp in direction of trend today and then close everything before NY open.
Sell:
AUDJPY - already in on multiple positions, holding til NY
AUDUSD - already in on multiple positions, D1 has dropped below 0.8, it might be time to trail positions
CADJPY - already in
CHFJPY - already in
EURJPY - already in on multiple positions
EURUSD - already in on multiple positions
GBPUSD - missed my entry looking to get in
GBPJPY - missed my entry looking to get in
NZDUSD - already in on multiple positions, D1 has dropped below 0.8, it might be time to trail positions
NZDJPY - already in on multiple positions
USDCAD - not in
USDCHF - already in and holding
As I mentioned before, I'm closing my PnL before NY and protecting my profit ahead of that if necessary.
NFP starts trends and ends them so lets see what happens.
There are a number of pairs in similar condition to EURUSD such as AUDUSD and GBPUSD. The pairs would only need to climb 2-300 pips to get to the monthly pivots.nanningbob wrote:Trading eur/usd will be interesting now. The daily S/R lines are much farther apart and the pivot is much closer to price action again. It can rally but will it cross the weekly or monthly main pivot. That is the million dollar question. It is possible the gbp could be weaker than the euro over a short period of time. Notice how price has honored the new pivot line in the past. See red line. I could almost bet the house that price will retrace back up to that point, then what? Have a short term rally or bounce and continue its DT.