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welshguy2000 replied May 25, 2009Lesson 2 (The basic system) — Morning all, As promised I had some time of the weekend to do the 2nd lesson, which is just how the basic system works. Please take a look, your comments & questions would be greatful as this will help others ...
4 Hour Strategy (MACD)
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welshguy2000 replied May 24, 2009Anyone know if there is going to be a gap? or the lightly open? Cheers WG
EURUSD
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welshguy2000 replied May 24, 2009For me, it all goes back into other investments. The long term goal is to buy one of these
and trade on that! image My mate works on there & has sent me some pictures, its crazy how much money it cost to build!!Where do all your forex profits go to?
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welshguy2000 replied May 24, 2009I'm with you there, both his 4H and 5M systems work a dream - they force new traders to learn the markets and how the candle patterns react to certain levels! Brilliant for all trading levels in my mind
Cheers WGForex Factory Hall Of Fame
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welshguy2000 replied May 24, 2009I completely agree. You will see from the more serious traders here that their charts are free of indicators and just show candles / fibs / trendlines. Try not to expand on the system, its been refined perfectly over time and needs nothing extra. ...
4 Hour Strategy (MACD)
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welshguy2000 replied May 22, 2009Thought i'd help you guys out, the final wave of this up move lacks momtenum and emotion. New highs should be met with aggressive up moves and high price movement, really doesn't look convincing to me. Might look at entering in a short around 1.3990 ...
daily analysis EURUSD
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welshguy2000 replied May 22, 2009My thoughts are there is no conviction in this last upward move, still short. I am expecting the big ones to put a bit of a squeeze on here, the short set up looks too easier - we might see a push a little higher then an aggressive move down when ...
EURUSD
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welshguy2000 replied May 22, 2009completely
I dont have the time to post my drawings but its very simular! Cheers WGEURUSD
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welshguy2000 replied May 22, 2009For there seems to be a lack of conviction / momentum when the new highs were reached. Entry @ 1.3948 TP: 1st:1.3848 2nd:1.3737 (I will see how it reacts around 1st target) Sl: 1.4125
EURUSD
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welshguy2000 replied May 22, 2009CT on EUR/USD — Morning all, First of all I just wanted to thank everyone for the feedback i'm getting on the videos trade reviews & the lessons (next one will be uploaded tonight) Right onto today, i've decided to a short on the EUR its quite ...
4 Hour Strategy (MACD)
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welshguy2000 replied May 22, 2009Sorry guys, yesterday I posted the wrong link, please find the trade review for the 20th here: video Hope that helps! Cheers WG
4 Hour Strategy (MACD)
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welshguy2000 replied May 21, 2009I position size it, I never risk more than 3% of my total account in 1 trade - if I am in multiple positions I will lower the stop of each open trade, if that makes sense? On top of that I also watch price action to see how it is reacting, if you ...
4 Hour Strategy (MACD)
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welshguy2000 replied May 21, 2009Alright Heru, Thats is awesome analysis
You are right on the money, being a newbie you are not complicating things! Keep that simple approach and you'll do just fine
Thanks for the charts - looks good to me!
Cheers WG4 Hour Strategy (MACD)
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welshguy2000 replied May 21, 2009View review of 20/05/2009 — I have just uploaded the video review of my long trade yesterday which netted me +92. Please contact me if you have any questions: video I will be uploading the next lesson hopefully tomorrow so subscrive to the ...
EURUSD
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welshguy2000 replied May 21, 2009I have just uploaded the review of the trade a carried out on the EUR/USD on the 20/05/2009. Please take a look, if you have any questions please get in touch. video I will be uploading lesson 2 in the trading system tomorrow, please subscribe to ...
The video store
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welshguy2000 replied May 21, 2009View review of EUR/GBP TC (20/05/2009) — Evening All, I have just uploaded the video review of the TC i took on the EUR/USD : video Please subscribe to the channel to receive regular updates, I will be uploading lesson 2 tomorrow. Any ...
4 Hour Strategy (MACD)
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welshguy2000 replied May 21, 2009Morning doji star forming on the 4H, i'm waiting for confirmation
before going long again!EURUSD
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welshguy2000 replied May 20, 2009I dont understand why people try to pick the tops of moves like today, there is no point! If you have mist the move, dont be clever and try and make it on the way back down, stand back and take a look later on! Cheers WG
EURUSD
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welshguy2000 replied May 20, 2009Afternoon all, I posted yesterday - a few of you thought I was completely mad, have just closed this trade @ 1.3729 + 94 pips I will also be posting a video reviewing this trade tonight. To receive updates of my videos please subscribe to my channel ...
EURUSD