stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

Jem's Uber Basket Trading Thread
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=640		 Page 30 of 112
Author:  spyderman [ Thu Jul 05, 2012 2:41 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
Now we wait for the reset. Trembling fingers poised above our mice... :lol:
Author:  Jemook [ Thu Jul 05, 2012 3:00 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
Ok, I've closed for 750 pips. Biggest haul yet. Picture says a thousand words:
2012-07-06 01.15.09 am.png
Author:  harry89 [ Thu Jul 05, 2012 3:05 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
This week's action makes an argument for continuing to hold the pairs as long as they are over or under .80. I think NBob talks about this as a way of determining how long to stay in. Probably easier, psychologically, to TP then reset after retracement but, seems the bigger pips are there from holding on through.
Author:  harry89 [ Thu Jul 05, 2012 3:06 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
Nice, Jem, that's one huge trade!
Author:  spyderman [ Thu Jul 05, 2012 3:19 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
harry89 wrote:This week's action makes an argument for continuing to hold the pairs as long as they are over or under .80. I think NBob talks about this as a way of determining how long to stay in. Probably easier, psychologically, to TP then reset after retracement but, seems the bigger pips are there from holding on through.
I tend to agree. I got out because of news but now it's going to be hard to get back in. Have to wait patiently. Fortunately I'm enjoying the ride on A/F and E/A in another strategy so I don't feel totally left out. :lol: :mrgreen:
Author:  hansnl [ Thu Jul 05, 2012 3:27 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
spyderman wrote:
harry89 wrote:This week's action makes an argument for continuing to hold the pairs as long as they are over or under .80. I think NBob talks about this as a way of determining how long to stay in. Probably easier, psychologically, to TP then reset after retracement but, seems the bigger pips are there from holding on through.
I tend to agree. I got out because of news but now it's going to be hard to get back in. Have to wait patiently. Fortunately I'm enjoying the ride on A/F and E/A in another strategy so I don't feel totally left out. :lol: :mrgreen:
I just went out for about 1 hour and re-entered with my short euros so" no pips will be left behind " :lol: short: eur/usd eur/jpy euro/aud

hans..
Author:  Jemook [ Thu Jul 05, 2012 3:29 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
hansnl wrote:I just went out for about 1 hour and re-entered with my short euros so" no pips will be left behind " :lol: short: eur/usd eur/jpy euro/aud

hans..
Trade as you please Hans but you will get caught with your pants down trying to jump in at the bottom/top. Wait for a retracement. The rules are there for a reason.
Author:  hansnl [ Thu Jul 05, 2012 3:44 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
Jemook wrote:
hansnl wrote:I just went out for about 1 hour and re-entered with my short euros so" no pips will be left behind " :lol: short: eur/usd eur/jpy euro/aud

hans..
Trade as you please Hans but you will get caught with your pants down trying to jump in at the bottom/top. Wait for a retracement. The rules are there for a reason.
Your right Jem , but I still would be in if there was no NFP today I will be out if it is not continuing this trend..
Author:  Jemook [ Thu Jul 05, 2012 3:46 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
All I'm saying is wait for the best setup and take them. If you have the itchy 'I wanna be in just in case it moves' mentality you need to get rid of it to trade this (or anything) successfully.
Author:  harry89 [ Thu Jul 05, 2012 4:12 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread
You're so right, Jem, sometimes just jumping in works out quite well, but, they are what I think of as low probability entries. Unfortunately, I have the live results to prove it...
All times are UTC Page 30 of 112

Powered by phpBB® Forum Software © phpBB Limited