Oanda AUD (By Xaron)

The user has deleted this system.

Oanda AUD Discussion

Nov 03, 2009 at 06:52
1,481 Views
13 Replies
Member Since Nov 09, 2009   60 posts
Nov 12, 2009 at 17:05
That USDJPY trade isnt going so well, reacting to the same news EURUSD is I suppose. Im adding to my EURUSD longs on this dip, but wondering if I should hold onto this USDJPY trade...

It stands to reason that if EURUSD regains bullish momentum, USDJPY will once again turn bearish, right?
It is what it is, until its not, and then its something else.
Member Since Sep 09, 2009   20 posts
Nov 13, 2009 at 08:55
Well my USD/JPY trade is very ultra low leveraged, so no danger. ;) It might go up to 92, where I would reconsider my short view.
Member Since Nov 09, 2009   27 posts
Nov 13, 2009 at 16:05
Xaron, don't try to rise this account's balance to infinity. the bankruptcy is inevitable. the question is when.
Memento mori!
Member Since Sep 09, 2009   20 posts
Nov 14, 2009 at 12:32
Well infinity is not a goal. I won't overleverage it. And I don't think that bankruptcy is inevitable. Why should it?
Member Since Nov 09, 2009   27 posts
Nov 16, 2009 at 17:45
how much negative pips can you handle? When was the World financial crisis eur/usd drops down 4 000 pips in 2 days... you would never know when and how deep will be the next financial crisis. then the negative swap and interest will finish you...
before the crisis there is a big inflation. do you know how big it would be?

i see you don't use stop loss, i don't use it too... Thats why we are vulnerable to crisis. even if you use stop loss, are you sure its 'hard' SL?

just try to withdraw as much as you can...
Memento mori!
Member Since Sep 09, 2009   20 posts
Nov 17, 2009 at 11:38
Hi,

I'm aware of that fact and won't let losers run forever of course. This huge drop last year was deleveraging. If the trend changes, I'll go short but for now there is no reason for that.
Member Since Oct 09, 2009   2 posts
Nov 23, 2009 at 22:12
Wow very nice Growth Xaron!
Member Since Sep 09, 2009   20 posts
Nov 25, 2009 at 04:36
Thanks zero! :) Is that you? 'zero' from the Oanda forums?
Member Since Oct 09, 2009   2 posts
Nov 25, 2009 at 19:32
No, but I am from Forex Factory (=
Member Since Nov 09, 2009   27 posts
Dec 01, 2009 at 20:25
You are The Man!

Keep it up 😎
Memento mori!
Member Since Jan 05, 2010   92 posts
Jan 11, 2010 at 16:41
Martin, very nice recovery with your trading!

Is this a kind of a carry/grid trade system? I see your average holding per trade is rather high.
Patience is a virtue.
Member Since Sep 09, 2009   20 posts
Jan 13, 2010 at 11:47
Thanks. No it's not a classic carry/grid system. Even though I sometimes use such grids (especially in the AUD/JPY). I just did some stupid mistakes in December and I'm on the recovery path now.

My approach is called 'BWILC' you can google for it. :)
Member Since Aug 06, 2009   397 posts
Jan 14, 2010 at 13:09
i've just searched it up and it looks complicated.. 😱
Sleep is for the weak.
Member Since Sep 20, 2009   3 posts
Feb 18, 2010 at 18:40
hi Martin...how r things moving? your account i mean😁
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