Trading without a loss!!!!

[Bigbear]

Bhalu bhai...tum to chaa gaye... !...ur ledger looks awesome...

but at the same time wondering abt ur rationale behind g/u and a/u longs....

Hills bro,

The way GBPUSD fell yesterday from 1.5800 to 1.565 levels without any rally. Made me think that GU will go up atleast a bit.

So that made me think somehow that even AU will go up... AU was also near a key area.

and also Fed's near zero interest rate has made dollar depreciate.. Hence for 2 years no worries with long positions as long as AU is concerned
Regards

 

[Bigbear]

@BB - Yeh GCI mein kya actual money mein trading hoti hai kya ? Ya Demo mein demo dollars and then once u start accumulating heard they give some percent etc .. no ideas at all .. so just asking ....

SM bhai,

We can open a real account and take trades with real dollars.

I did not get the second part of your question.

 

[Bigbear]

Exited existing positions.. Holding onto gold Long.

I have kept a profit target of 1913 for 1 lot.
So that i patiently wait for price to come to me.
Since the position is already in profit , my trailing exit will now be 1762 .
Will increase the trailing SL once price crosses the hurdle of 1800.

This is a very big step for me! Big Thanks to SG for showing me that having patience is such an important factor.

 

[mubzaveri]

SG Sir & BB bro
i m posting a chart is it correct,if wrong then plz correct me.
it is a 4 hr chart of EURAUD

 

[MurAtt]

Bingo

 

[mubzaveri]

Bingo

thanks bro,
but the pair is still moving up there is some missing link ....

 

[MurAtt]

Yes .. let it make a swing high first .. then swing low / swing top median ...

 

[Bigbear]

Dear mubzaveri,

Hmmmm.... I remember EURAUD.... I guess i was quite obsessed with it ...

I haven't really thought about the method working in crosses though. Infact i havent really thought about cross pairs trading..

SG might help you out here

now Shorted EU at 1.3447.. !

 

[Bigbear]

thanks bro,
but the pair is still moving up there is some missing link ....

Pair is moving up because.. EU is going up and AU is neutral..

 

[Bigbear]

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