JLINE:

GA1 OUT...remaining UJ1,GC1 AND EA1
EDIT : GC1 OUT...NOW: UJ1,EA AND A NEW SELL ON GJ1 and GC1 at MP.

UPDATE : UJ1,GC1,EA1 AND GJ1

JLINE:

UPDATE : UJ1,GC1,EA1,GJ1 AND GA1
looks like the moves has started... Will update later.
SHALOM

priceaction:
An on gbpusd buy since yesterday until I see strong push down ,I won't close. It is an open trade, they are just hedging it. My instinct tells me they might push it up to break resistance of around.. 2850. I will keep watching.

wickyyolo:
A Holy Grail is out there, People will discourage you that it doesn't exist, but never give up. Keep searching and you will find it.
If you give up, you will end up working for the 3% of people that never gave up. Never give up.

redcliff:


Lol. The big prize should be how someone can trade the french election on the friday before the sunday of the french election. I still have a big feeling LePen is winning!

wickyyolo:


I dont think Le Pen will win.

redcliff:


Lol. The big prize should be how someone can trade the french election on the friday before the sunday of the french election. I still have a big feeling LePen is winning!

priceaction:

Simple but has price to pay.
Just 10mins or few minutes before the market close on that Friday, just hedge your positions with stoploss of around 20-25 pips or less. That is buy and sell at the same time with tight stop loss , then leave your trade open without TP. Note that many brokers close 5 minutes earlier before the hour.
Pairs to watch accordingly: eurjpy, eurusd eurcad.
Trade with avoidable lots.

redcliff:


Lmao.. make una see am oooo... no idea is original truly. Person don already sabi the deal!
What kind of price to pay you talking of bro?

EmpowerNg:
What if price jumps your stop loss, won't that result to more loss

EmpowerNg:
But I read somewhere that gaps can jump over stop loss

wuyexzy:
oga price action. i can confidently tell you gaps can, do and will always jump stoploss should it occur. infact i have experienced such scenerio. but should anyone want to experience such should just use very small lot size.

wuyexzy:
oga price action. i can confidently tell you gaps can, do and will always jump stoploss should it occur.

redcliff:


Someone please shed more light on this

orfilla4:

Let's use the gap on GBP/JPY last Monday as an example.

Assuming you left a sell position on Friday and placed a stop loss just above the previous high (red line).

Then on Monday, there was a gap and the price opened at 141.870, your broker will then close your position in that price instead of your stop loss because it is where the price resumed. And you lost an additional 40 pips aside from your initial stop loss.

It is also similar to price slippage because your position wasn't closed on your desired price.

priceaction:


And what happened to vice versa

orfilla4:

Let's say you left a buy position on Friday and then placed your TP at 140.470 (red line), on Monday you got amazed because your position was closed at 141.870 where the price resumed which is above your take profit, and you earned an additional 40 pips aside from your TP.

It is also similar to positive slippage because your position was closed at a much better price.


Edit: I think you already know it. You're just pretending that you don't know. Jeez

priceaction:


. I am just pushing you na. That is just what I was explaining about hedging if done right. But you know brokers can be funny. Widening spread up to 50pips, you are sunk ,lol. Wicked people

JLINE:

Lost some pips today(120) ...uj and gj only one running.

orfilla4:
Losing is part of the game

Looks like the uptrend is really strong.

JLINE:

Good inspiration but bolded is arguable or better still wrong. Point to me 5 traders who do this every 24hours and I will show you 50 traders who traded consistently over a long time and made millions.
This mindset kills or not very advisable for anyone and I believe whoever did that got lucky and now is bragging about it.

EDIT: 52 trades within 24hours,bros that's a robot na or its more than 24hours as claimed.