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MzansiObi replied Apr 16, 2019Lol therer are positions I don't mind swinging. But when I'm trading intraday and using leverage. Don't want to hold onto a looser for too long.
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MzansiObi replied Apr 16, 2019A reason why I don't like drawdown: You carry a position that's in the red and on a new day you get a position/setup that's making money but close prematurely cause you want to bank or hedge your running loss. I sold GA and GN at the top of today's ...
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MzansiObi replied Apr 16, 2019Lol Gold will always do such. Day in day out. You can either make a ton of money or loose a ton of money on it. All depending on which side of the coin you're on
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MzansiObi replied Apr 16, 2019Took a buy scalp and am already out. Let's see if it will retest. Agreed. I also think neckline may be tested before further bearish movement. EU still stubborn
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MzansiObi replied Apr 16, 2019Nice ride down JB. 1274 is next hurdle now..... Possible bounce back up from this handle. Will watch to see how PA behaves there around.
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MzansiObi replied Apr 15, 2019Intra day strategy if selling swing highs on 15mim chart seems fair. Fair bit of divergence coupled with a series of LH and LL on m5 and M15. Trade safe. Certainly won't approach a set and forget strategy just yet as we are above pivot and news ...
EURUSD only
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MzansiObi replied Apr 15, 2019Lol. I only look at that chart to get a guage of out ex rate. Furthermore my spreads on it are beyond ridiculous bud. So I don't trade it.
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MzansiObi replied Apr 15, 2019Lol that's what we all say every Monday morning .....some of us have even made peace with the fact that Friday and or Saturday will be a beer fest of sorts...... Just moderate, and do things in proportion lol. Spent the whole of Sunday on a water ...
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MzansiObi replied Apr 12, 2019Happy weekend to all of you great traders. Stay green guys and gals
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MzansiObi replied Apr 12, 2019Fuck me. Stops taken out!!!!! 1.13100. Lol. Was up a couple of k in profits on my EU and SnP500 shorts. Literally posted on my signals group we keep our SnP500 profits running all day and not close early as we have been doing all week.. Went to take ...
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MzansiObi replied Apr 12, 2019The only reason I'm buying gold at that level is to hedge the large chunk of EU I am short (1.12877) . Lols
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MzansiObi replied Apr 11, 2019Lol my man that is also the case here. Sin taxes(alcohol and cigarettes) are also up by a fair percentage. Fuel shouldn't be as expensive as it is, gvt has attached a massive levy on it all in a bid to recoup funds that were wastefully and ...
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MzansiObi replied Apr 11, 2019It's insane. Everything is up. Fuel. Electricity. But hey. It is what it is. Just looking at this EU rally. Have begun loading more shorts on it as Gold etc haven't followed. I have however bought gold as a hedge against this EU. Stay safe
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MzansiObi replied Apr 11, 2019That would be uncanny for the assiam session.... But nonetheless. Was net short leading into days close. Bit of DD. What I will do however is sell again here but have hedged this move with a buy of Gold at current lows 1293 SL is below swing low ...
EURUSD only
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MzansiObi replied Apr 11, 2019Something about this breakout seems fake. Gold and others haven't moved. May just consider adding some more shorts here. Stay green.
EURUSD only
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MzansiObi replied Apr 11, 2019Missed this entry. But still scouting. Haven't bought gold yet as it didn't give any buy signals when it got to 1300. 4hr close below 1300 will have me on sidelines and look for daily close. Am short SnP500. Let's see how it all pans out
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MzansiObi replied Apr 11, 2019GBPNZD. Struggling to get a read on it as it's been consolidating for quite some time. Anyone here been analysing it or looking at it perhaps? Tah
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MzansiObi replied Apr 11, 2019Morning traders Gold tracked lower. Testing previous resistance turned support at 1300. If it holds and breaks expecting to possibly see EU fold lower too before pushing higher. So far some rsi divergence on M15 . Looking for a close below 1.12740. ...
EURUSD only