Short till under 0.68
Add more shorts once initial positions are in profit with a break even stop loss.
Break even stop loss is your friend.
Allow 3 positions maximum without a break even stop loss and unlimited positions with one.
From current price 0.7600 5:30pm 22-May-2018, a target of 0.6600 will give a profit of 1000 pips per position.
Good luck.
Add more shorts once initial positions are in profit with a break even stop loss.
Break even stop loss is your friend.
Allow 3 positions maximum without a break even stop loss and unlimited positions with one.
From current price 0.7600 5:30pm 22-May-2018, a target of 0.6600 will give a profit of 1000 pips per position.
Good luck.
Note
Please find attached my current short.gyazo.com/eacacee4c9c8fdce1d9955cafd8ed0e8
gyazo.com/9f826bd3272d5be31049a9240d5483b3
Entry Price: 0.76047
Break even SL Set.
Note
s3.amazonaws.com/tradingview/snapshots/t/tnqyzoBL.pngI now have 60pips worth of floating profit to risk.
I will being to add multiple shorts and will only risk my floating profit, this is what i call zero risk, not risking your initial equity only floating profits.
If I am lucky enough i should be able to build 20-30 shorts before sleep in 12 hours.
Rules:
- Only add when winning
- Maximum 3 losing positions
- Equity must not drop below 60 pips value.(current profit on main short position)
-Long + Hedges must be 10% of total short value.
Example: 10 shorts at 0.10 = 1.00 so hedge long = 0.10
-If Hedge are in profit, move BE SL and add more with the trend
-Short till its not and take small profits on every dip
The BEST time to enter a position is when people are losing and for the past 5 weeks 86% of people have been short USDollar and the only thing USD has done is gain more momentum.
Add more when winning can activate exponential gainz on your account.
If breakeven SL is set, risk = 0
Trade active
Continue sort till target is hits3.amazonaws.com/tradingview/snapshots/2/2whSCHCu.png
Note
Worst China Manufacturing PMI data in 16months.With an already hurting AUD, this bad china news could be the last touch to send the bearish trend into the 68's
Note
UPDATE:60min gyazo.com/e01d0f282a3d98ba67e829368cf23556
1min after NFP I started doubling down bulk positions gyazo.com/2ba13af18fcf5ad0a27e3b6f6aa9b132
Short till its not.
Note
UPDATE:The short trade is over crowded and preventing the actual drop from happening.
I am starting to cover my shorts with longs and will begin adding to winning long positions to push into the daily stop zone which will enable me to start shorting again.
Good luck everyone.
s3.amazonaws.com/tradingview/snapshots/k/KF8qpxbl.png
Note
Target just under the 0.740 areaNote
I love the gainz.s3.amazonaws.com/tradingview/snapshots/j/JqCUBxfT.png
Note
After 90% of my shorts closed under the lows at 0.68 I have started to re short again using my profit as risk.s3.amazonaws.com/tradingview/snapshots/r/rDUboyjq.png
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.