Sell Eur/Usd

[bearprofits]

Originally Posted by bohogirl

Lol, not by a long shot, but every little bit counts... plus, in my world, +0.30 is better than -0.40
(this is especially true if you're on the wrong side of the trade - I hated being red and collecting negative swap when I was long and in the red on gbp/usd)

Yes it does and Yes it is!

It's all about making money, regardless of being right or wrong or what others say, you make-a-money, your way ahead of the majority here, and every bit counts.

A very wise trader that used to post here said this one day,

(Talking about Baseball players) The really great hitters are great with an average of .333 (or less) at bats.

Figure out a way to make a profit being right only 33% of the time, or 10% of the time.

Everyone will scoff at that last statement, except those that understand it.

fwiw,

bear

[Summerset]

Originally Posted by Phillip

The fireworks has already began and ready to blow on your face.....wait and see the Grand Finnale in 3 months....and dont say I didnt warn ya....

With respect, yr missing the point.
The point is U got in too early.
If yr not a purely fundamental trader, there must have been a technical setup upon which U entered. If so, then its blind spots certainly need revision. If yr approach is purely fundamental- which I suspect, then some technical tempering to go with it shouldn't be stubbornly overlooked.

Regards

[Phillip]

Originally Posted by Summerset

With respect, yr missing the point.
The point is U got in too early.
If yr not a purely fundamental trader, there must have been a technical setup upon which U entered. If so, then its blind spots certainly need revision. If yr approach is purely fundamental- which I suspect, then some technical tempering to go with it shouldn't be stubbornly overlooked.

Regards

Hu told you that i got in too early....and which point am I missing here ...let me tell u ure the one missing the point here....whethere Eur goes up by 500pips i'll still be fine and holding firm .....u just dont know me at all ...you suspect ....the "fireworks" has just began enjoy the ride

Bad.rgds

[ActiveTC]

Hi Phillip,

What do you mean: whethere Eur goes up by 500pips i'll still be fine and holding firm.

Why bother?

[bearprofits]

Originally Posted by Phillip

Hu told you that i got in too early....and which point am I missing here ...let me tell u ure the one missing the point here....whethere Eur goes up by 500pips i'll still be fine and holding firm .....u just dont know me at all ...you suspect ....the "fireworks" has just began enjoy the ride

Bad.rgds

Just curious? How high does price have to go before we decide that the "Show" hasn't started?

[Summerset]

Originally Posted by ActiveTC

Hi Phillip,

What do you mean: whethere Eur goes up by 500pips i'll still be fine and holding firm.

Why bother?

He means his hedged.
So either way he makes money - presumably.

And Phillip the market told both U & me that yr in too early.
It passes the prime judgement here.

[Phillip]

Originally Posted by ActiveTC

Hi Phillip,

What do you mean: whethere Eur goes up by 500pips i'll still be fine and holding firm.

Why bother?

I was hedged.....closed @ 3840.....and then CAR....

B.rgds
Phillip

[ActiveTC]

Hi Phillip,

Your hedging technique is still not clear, how do you hedge?, do you use options, forward contracts, spot contracts, future contracts. when do you get in , when do you get out., are you trading a big real account?