Alright, I`ll continue on.........well you can see that the highs in 2001 and 2007 of the DJIA and USD/JPY are quite similar. when the markets went down, you had this flight of capital from more risky investments to the "safe heavens" of the yen and ...

Long-term wealth planning

dont know where you`ve been in the last decade: markets always go in cycles - boom/bust - boom/bust 2001 stock markets reach highs - USD/JPY reaches high 2004 USD/JPY reaches low and starts rising again 2007 stock markets reach highs - USD/JPY ...

Long-term wealth planning

you might be right and Spain hasn`t been factored in yet. in that case I still have a chance to get in @ 78.00 but look at it like this: most people are pouring over the charts everyday and trying to make a few bucks with a lot of work. would this ...

Long-term wealth planning

nobody knows exactly how it will happen from here. but look at the overall picture: my chart goes back to 1989, but the price has never been this low in all that time. once the hiccup in Europe has been papered over, watch for this pair to take off ...

Long-term wealth planning

Atilla, buy weakness and sell strength: ie buying at support and selling at resistance? buying after a pull back and selling after the trend resumed if thats the case I dont understand why that would be counter intuitive, because dont we all like to ...

No SL No Leverage Strategy - working so far

fxtr51, would you mind to go over your past trades and look for your longest lock/unlock cycle and explain here in detail how you traded out of your floating loss? we would all learn a great deal and will stop all the critics. thank you euclid: ...

No SL No Leverage Strategy - working so far

we assume 2 experienced operators, who know their system in and out. the hedger will know what the maximum number of straight losses is and will enter a position and hedge that position accordingly. a prudent hedger will err on the side of caution. ...

No SL No Leverage Strategy - working so far

The hedger and the SL guy are both experienced operators and know that their system never had more than 3 losses in a row. Both can come out with the same profit with the same risks. signal: SL guy 1 lot loosing trade = 30 pips loss Hedger 1 lot ...

No SL No Leverage Strategy - working so far

fxtr51, if you hedged a 30 pip loss and undo the hedge at an excellent spot and price goes in your favour for 30 pips, you`re at BE. same for the SL guy who lost 30 pips when you hedged and placed the same trade at that excellent spot is also at BE. ...

No SL No Leverage Strategy - working so far

nacho, you might feel safer entering say 5 different pairs, but the reality is that when a large trend is forming, those 5 pairs will most likely go in the same direction making your losses huge. hedge after a 100 pip loss and learn the art of ...

No SL No Leverage Strategy - working so far

why do we watch those pairs mentioned at the start of this thread? wouldn`t be the same or better to watch AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF and USD/JPY. if say AUD is the strongest and CAD is the weakest, you could buy AUD/CAD ...

Pitbull Trader with Position Building

hello guys, hope one of the experienced people can help me with this. I live in NZ and in winter time I can watch the market till 10.30am London time, but in summer only till 8.30am. by this time the trend direction might not be clear enough to ...

Pitbull Trader with Position Building

wonder if it makes a difference if a broker has a trading desk or not. brokers like Gomarkets do not have a trading desk and being regulated in Aussie would that not be safer?

Nb 10.0 range trading system

still not sure about the lot size if trading only 1 pair with a 10k account. if trading 12 pairs unhedged 1 penny per $1,000 seems to be the norm. a lot higher if hedged so maybe at least 0.02 lot per $ 1,000. trading 1 pair 0.24 lot per $ 1,000 = ...

Nb 10.0 range trading system

thank you Bob, your help is much appreciated

Nb 10.0 range trading system

after much consideration I decided to trade AUD/NZD exclusively, because this pair bounces up and down the most. I will place a hedging trade if a trade has a 100 pip loss and learn the art of unhedging over time. Another way of protecting my trades ...

Nb 10.0 range trading system

what I took from your old post was: you hedged a losing trade and when the USA session was over and the pair was ranging, you tried to recoup the loss for that day. out comes the 4H chart and in the next 4hr period you close the buy part of the ...

Nb 10.0 range trading system

Bob, you mean the size was dependent on how much the loss was on the hedged trade? How much larger was the lot size of your normal trades if you can hedge? thank you

Nb 10.0 range trading system

Bob, surely the initial DD will be 2-3x higher if the losses on the pairs go to hundreds of pips each if you dont hedge? AND if after hedging you have no pairs left to profit from, you can always decide to close out the profitable leg when the trend ...

Nb 10.0 range trading system