I don't know why I didn't think of this sooner here's one you can stay with for a while no stops but take your losses like a man so that makes me aud.usd long eur.aud short eur.cad short eur.gbp short gbp.usd long usd.cad short (this one is the problem) avoid jpy, it's got it's own deal going not sure how I wil trade it other than adding to winners (maybe, probably to losers) and getting back even had a dream adding to winners was good for me in the dream so I'm going to focus more on adding to winners the funny thing is, you think I'm kidding
I know that aud.usd is sure acting like it wants to go to 0800 (or parity), not sure which will come first short eur.aud was my bread and butter all last summer you know what they say about lightning striking twice thanks for the warning I'll be careful
well, that was nice I think I tried this before man it's bad when that eur moves against you I'm still 1:1:1:1:1:1 might just stay that way at anyrate, all the move today was in the eur usd is just sitting there
so I'm flat now I've been doing this long enough to know when they offer you that kind of profit just take it, you can sort it all out in the mix so yeah, I like getting back in here, short eur/short usd at this point, doesn't take much brains just try to buy a dip or sell a rally later, maybe it will develope into something
Given DX contracts are heavily weighted with Euro.. and I'm not sure of any Euro currency index that's not heavily weighted against the dollar... how are you visualizing or pricing out what a 'dip' or peek is on a short EUR and short USD directional trend? Just monitoring the individual pairs involved in your legs? I know a lot of traders who build out custom indexes with their own weightings to chart their baskets, though I'm not aware of any software for TWS that does it.. just some metatrader stuff.
well first time out, I just put them on all together at the same time now I'm legging back in like right now, the only thing that got hit was long gbp.usd and I won't add to that until I get everything else back on
and I got filled on some long aud.usd at 545 it's really a mentally stress free way of trading I know I am a seller of the eur, just looking for what I think is a better than average price doesn't have to be the high, just better than what it has been going for and right now, now matter how good a price you give me on gbp.usd, not interested, already have some