Australian (ASX) Stock Market Forum

Hello World! I <3 Forex

Closing major short profits now.

I will re short when someone loses money.

*When a High is Broken*

Holding longs till then, will move stops to +1 pip when its possible

006 - closing shorts.png
 
Risking it now.

I am hedging my short positions with longs.

Currently 90% Long. 100% Short

If price drops from here, I should be given a chance later in the day to close my longs for +1 pip. No loss.

007 - Money tree support it.jpg
--
--
008 - Target locked.png
 
Closing long hedges earlier then expected for a tiny profit of 3 pips.

The market looks to be about to breakdown.

My shorts have stops in profit at +1 pip. No risk.


Adding to shorts at the same time.

009 - Closing long hedges.png
 
Another successful bombing.

There is only one way to go now... Down down down prices are down!!!

Keep accepting portion profits as the price tanks.

011 - Bombing success.png
 
Glad to know that I am not the only one burning the midnight oil.

I have been watching a couple of forex pairs in recent weeks, and am surprised at the lack of range in the shorter timeframes.

In your experience Lemoonjuice, is this normal, or have there been changes to the typical price behaviours over the years you've been trading?
 
Glad to know that I am not the only one burning the midnight oil.

I have been watching a couple of forex pairs in recent weeks, and am surprised at the lack of range in the shorter timeframes.

In your experience Lemoonjuice, is this normal, or have there been changes to the typical price behaviours over the years you've been trading?


Hey,

It all depends on what symbol you are trading. I have just adapted to it i think, can hardly even notice it now as every day is a new day, Just play what I see.

AUDUSD moves like 5 pips, might not seem like much for some but to me its all about pure accuracy.
GBPAUD moves about 20 pips



Forever student in forever changing market
 
Think about it like this.

I can give you

98% guarantee that I will win 5 pips.
50% chance to win 25 pips

Which lottery ticket would prefer?

Go hard take the 5
 
Think about it like this.

I can give you

98% guarantee that I will win 5 pips.
50% chance to win 25 pips

Which lottery ticket would prefer?

Go hard take the 5

0.98 × 5 = 4.9

0.5 × 25 =12.5

I would need to know how much loss is taken on losing trades in each scenario before finalising my decision.
 
The way I trade outlays the loss.

I win 30+ trades in a row before losing one for minimal pips, maximum loss is about 12 pips and then i stop trading for a few hours or the till the next day as i consider the market has "Lost Control".

198 pips in this picture.
you can see my minimal loss's

Also a few very tiny wins, they are when my stops in profit get triggered.
Protection before everything.
Live to fight another day.


Also on top of that, when the market is trending and pushing out stop zones i tend to hold and build more entries into the market.

I have entries open that are 200+ pips still running. Multiple strategy, multiple timeframes.

Pips for dayzzz.png
 
The way I trade outlays the loss.

I win 30+ trades in a row before losing one for minimal pips, maximum loss is about 12 pips and then i stop trading for a few hours or the till the next day as i consider the market has "Lost Control".

198 pips in this picture.
you can see my minimal loss's

Also a few very tiny wins, they are when my stops in profit get triggered.
Protection before everything.
Live to fight another day.


Also on top of that, when the market is trending and pushing out stop zones i tend to hold and build more entries into the market.

I have entries open that are 200+ pips still running. Multiple strategy, multiple timeframes.


View attachment 67875
If it's working for you that's, great.

No doubt, you've worked out a thing or two about monitoring and managing net exposure across your account/s.

With your open trades that are running profits, do you carry these over the weekends?
 
If it's working for you that's, great.

No doubt, you've worked out a thing or two about monitoring and managing net exposure across your account/s.

With your open trades that are running profits, do you carry these over the weekends?


If they are a great deal in profit I will,

I aim to build one long term trade into the market per day and then print my hourly wage as it happens.


These longs on AUDUSD I held for a good 2 weeks. In between holding those i took profit on 100x more.

"Build long term accounts while printing hourly wage as anything can happen"

AUDUSD Longterms.png
 
When playing the Forex game, the easiest profits come from Strong vs Weak pairs.

Or combining an Over bought currency base 'vs a Oversold currency base.

This picture below is that exact thing, Overbought USDollar 'vs Oversold AUD$


Shows all AUD and USD pairs. When each reach critical points... Activate easy mode and print money. Print free money.
016 - USD vs AUD.png

Easy mode vs Hard mode.

Everything in between those zones is just a waste of trading time and is way harder then it should be.
Wait for the correct times and bomb the market with all your force.
 
Top