As an opening update I'm going to copy one of the replies that I submitted earlier."Great. Be careful at the opening today because if it does not go up within 2 hours after market opening we may expect a deeper correction for next week. Options are to hedge the long position or close it breakeven if possible. Watch Eur/Usd and US 10 yr Note for direction, they usually move in the same direction altogether."
Sunday, September 10, 2017
24 comments:
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1335 now
ReplyDeleteI am done, hope to get some money 2 weeks more.
ReplyDeletehit my SL... seems like a good buy at this point or more correction expected ?
ReplyDeleteMore correction expected, it took out support @1339.
ReplyDeleteCesar RSI and STO still above 30 on my charts
ReplyDelete1325 and 1312 are my next major supports.
ReplyDeleteNot sure why it din hit my SL of 1335. Hope it's correcting upwards lol I was expecting it to drop cos NK was kindof cool off unless something happen later from UN
ReplyDeleteHedge if you can I guess
ReplyDeleteWhat is hedge?
Delete@jorge lugo what platform do yo work on?
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ReplyDeletecmolin I´m sorry that I deleted your comment unintentionally when I was deleting mine, the question about the platform was for jorge lugo who asked what a hedge was.
ReplyDeleteNo worries. In longer term I feel it should go back up so do u have any suggestion if I should adjust my SL further?
ReplyDeleteWell, you can hedge now so you make money on the way down and have more room with your equity on the way back up.
ReplyDeleteAm thinking of i should pit another long position or a short one in case it goes further
ReplyDeleteAre you long now?
ReplyDeletePut in a short. Both my long has hit SL before I got a chance to adjust further
ReplyDeleteOk if you are short you are ok as long as the price stays below 1338. My SL was not actually hit (I thought it was just by looking at the price on my phone) for some reason so I put on hedge on my long and will wait till tomorrow to see what the daily chart does tomorrow.
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ReplyDeleteSo when u say hedge, u adjust ur SL further?
ReplyDeleteWhen you are on a hedge you are long and short at the same time so your equity does not change until you close one of the positions or a SL order is hit (you don´t necessarily use SL orders unless you want to close one of the positions at a certain level).
ReplyDeleteI use libertex (forex), so I use to hedge but I didn't know how it is called, sorry.
DeleteOk thanks for explaining. I had wanted to do that but it hits my SL before I can react
ReplyDelete