Should I BUY or should I SELL

[rezo_s]

still holding the trade (made here yesterday):

long USDCAD@1.2640
stop was moved to entry level
first target is 1.2730
second target is above 1.28

no significant moves at till now.

Russell Psperos TB2I - you guys still holding longs?

[TB2I]

Yes of rezo_s still long....

Below is the list of my currently opened trades:
Long USD/JPY 107.43 SL 107.43 TP 108.80
Long USD/CAD 1.2586 SL 1.2586 TP 1.2830
Long USD/CAD 1.2581 SL 1.2581 TP 1.2830
Long USD/CHF 1.2270 SL 1.2270 TP 1.2470
Long USD/CHF 1.2253 SL 1.2253 TP 1.2470
Short GBP/USD 1.8336 SL 1.8336 TP 1.8190
Short EUR/USD 1.2604 SL 1.2604 TP 1.2505
Short EUR/GBP 0.6880 SL 0.6910 TP 0.6805
Entry Buy EUR/USD 1.2465 SL 1.2410 TP 12860

[rezo_s]

nice job...

Long USD/CAD 1.2586 SL 1.2586 TP 1.2830
Long USD/CAD 1.2581 SL 1.2581 TP 1.2830
Long USD/CHF 1.2270 SL 1.2270 TP 1.2470
Long USD/CHF 1.2253 SL 1.2253 TP 1.2470

Tell me you first entered @1.2581 then added @1.2586 or the other way around? My question is - do you add positions to winning trades or are you "averaging"?

In my opinion adding to losing trades (or as they call it "averaging") is a very vert bad tool...

BTW my name is Rezo (rezo_s sts for Rezo Shmertz)

GL!

[TB2I]

Hello Rezo my name is Victor

I usually don't add to the loosing positions if I do I have a realy tight stop loss. But I had two signals to buy I do follow ALL the signals.

Cheers
Victor

[TB2I]

ooops sorry didn't answer the other question

first was 86 then I added at 81

[4xis2ez]

Hi Rezo
I exited my long usdcad at .2679 for +59 pips. I was looking at eurusd that it was sideways this week up to now. It seems usd not rallying very much against other ps so I decided to take profit wait till next week for next trade which may be usd bearish.

[tntrader]

I also closed the USD/CAD position at +91 pips.

I'm think I am getting a better feel for my system. As soon as I closed the position it dropped quiet a bit. The chart still looks a bit bullish but imho it's on the verge of reversing...

[rezo_s]

I was also considering to exit the trade but I see no reason to do so. Stop is at entry point after all this months was not a bad one. I had a nice ride on USDCAd earlier for +270pips (live trade here) so I will let this one run for higher or nothing.

Good luck guys.