Reply With Quote. I'm starting to think that I will only use stops as self preservation , eg small lots which I use anyway with stops more than points away from the money just to preserve the account should the market go ballistic while I'm out havin a pee.
Dont tell the system more than u have to I reckon. Re last night I was short at about 1. Peat, rule number 2, don't shift your stops further away. Accepting it's in hindsight, but if you'd stopped out at original level, you at least had an opportunity to resell in the target zone, which was 1. Xerof, arco All comments taken graciously and with gratitude Cheers Slam. So time for sleep. From what I'm reading it seems like some important levels have been breached , so I'm leaving one of the shorts running.
In fact, I now expect an imminent sell-off below Key 1. Still holding. Last Jump to page:. Bookmarks Bookmarks Digg del. The time now is AM. All rights reserved. You may have to register before you can post: click the register link above to proceed. The same thing happened in when the stockmarket bottomed out following the dot. I am looking for the upward move in the euro to continue toward 1.
By this time, U. This should then set up the best dollar recovery of the year. Subscribers to my Daily FX Trading Service all sent via email will be alerted to these opportunities. If you would like a special extended three-month trial of my FX service, then send me an. At the time of publication, McKegg had no positions in the stocks mentioned, although positions can change at any time.
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