Hold up, guys, looks like we had a false alarm go off. ES seems as though he did not fess up to NOT making anything even though he SAID he "made more" than me. I have posta into him here and here so we'll see what he has to say. And, Michael, if you did NOT book the cash by closing the trade, I take back that Udaman. You got to BOOK cash to make money. and to BOOK cash you got to CLOSE a trade... like I did. That's market Law. If you didn't close the trade, you did not make 130-pips on USD/CHF. Feel free to clarify your position. Because all your chart shows is that you opened a bunch of buys on the way up. DD
Drawdown, you are an amazing trader, I am truly impressed. I've been follwing your comments and trading style and I must say that I like what I see! Thank you for posting on this board and please continue to enlighten us with your impressive trading ability in The ForEx!
It's long overdue. You have been making great calls for many weeks if not months. It's good to see that ET has some people with real ability posting here. Please just promise me that you will not stop posting whenever you see something that you feel is important or potentially market moving. Are you managing a large pool of capital or are you yet to be discovered by so-called 'smart money'?
It's partly my fault for letting it get this far but if this thread doesn't get back on topic soon I'll have to do some serious house cleaning guys.
Many of us are waiting for the next house cleaning. I've given up posting anything of relevant info here in the ET forex forum. I'll wait until the next quiet period (every few months or so) where the riff-raff gets blown out again. Just please don't close Chinook's thread. It's a great one.
Just curious if you had a cutoff point for re-entries and how far you'll let it give back what you made earlier. Thanks.
My short trade is going just fine. It's just where I want it to be. Position 1 is making me money 'round the clock interest. Don't fret, I'll update everyone when there's a change made, that is, when Position 2 is added, or a TP is hit. The trade is still on and successful. FX 1.2589
Why do you consider what I wrote a flame? I gave you kudos on a great call earlier, I was just wondering where you cut off your short, or if you just keep letting it run? Because I think the interest you earn is something like a couple pips a week? Is that usually worth the drawdown? Thanks.