Monday, March 18, 2013 6:14:18 PM
Man, I hate that. It took me 15 years to understand what they meant when they said a currency was getting weak, but my position was strong...LOL!! You're probably doing it the right way, but it would confuse me. Like they say the yen is going to "fall" to 100...!!! BTW, just picked up another 15 pips on the eur/yen! Good day today up almost 300 pips! Got 6 "hedged" positions open now, and only down -20 pips combined. If the yen "falls" to 96.00. I'll be in good shape and close all positions, and open one at a time until I get a loss, then open more! If you have the money and the balls, you could short another position in the gbp, then you wouldn't have to go down to your first order ot break even! Risky! I'm only trading 19% of my account right now, I try never to go over 25%.
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