I. Attacking 1.076 base line (RED PLANET) 1. Gradual SELL STOPS pending orders @ 1.085, 1.081, 1.078 until we triple capital base, then we BUY LIMIT 2. BUY LIMIT @ 1.074 = Equity / 0.8 (size)
II. Counter-attack if we hit 1.095 1. Stop loss @ 1.09450 of 10% bought @ price > 1.091 (see introduction) in order to down-grade our Margin1 by 10% down to Margin2, and survive the counter-attack 2. BUY STOP pending order @ 1.09550 = Margin1/0,52 (size of the order), or this is Margin2/0.52 = 1.92222 times my Margin2 size. 3. Then (if so) hopes are for good fx-rate push-up to 1.10.
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This is not an investment advice, and this text isn't intended at anyone. I am just sharing with everyone how I waste my money for fun on forex market ;-)
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Mind well, no one is safe on Forex, and it is really hard to survive. Life is short, so don't waste your time and your money for nothing.
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Cambista
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I hope you understand your chart....I don´t...
x381966011250105
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I don't understand the chart. But it resembles something like our solar system. I can see the Sun, then Mercury, and the red planet is something like Mars ;-) Cheers
Cambista
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LOL....I see....
x381966011250105
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The other association is something like a big fitness ball, a smaller basketball, and smallest tennis ball :-) And some lines added in order to pretend we've created some abstract art