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sag.deconinck
Jun 23, 2015 5:21 AM

NZDUSD 

New Zealand Dollar/U.S. DollarFXCM

Description

Price reached a old support level. I have placed 2 pending orders to catch the movement. With a small position, because I have reached already my weekly goal. If I catch the movement, i will scale in my positions. Everything I do this week for the rest of the week will be small not to blow my weekly goal. Let's see!
Comments
sag.deconinck
I could recover my loss. For me the end of the tradingweek. No more screentime this week. See you next trade.
sag.deconinck
I hedged my position
kopaszn
If it goes bullish (as it looks now), Do you have sg in mind (like above 0.6900) when you close the sell position? Or Just leave open until buy reaches TP?
sag.deconinck
I always try to compensate my losses. But it's very important that if you work with hedge and 2 pending orders, you have to be behind the screen. Because timing is everything if you work this way. If I'm not behind the screen I just take my loss.
On this moment I compensated my loss. because my long order is double of my short order. Because I have no more screentime this week, I'm gonna close out my order today. I move my SL to BE. my position is 50% now.
sag.deconinck
My short position is triggered. But I leave my long pending position in. If I see that price is going strong north, I will edge my position.
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