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clivepackham replied Sep 18, 2014Just a couple of quick thoughts after todays trading. I'm looking at trading the 200NLMA turns on strong trending 5 min charts as I did today on gbpjpy, look at GBPJPY chart from today. image I've got the 5 min 100lwma on my 1 min chart (used a ...
Trading is as simple as ABCD
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clivepackham replied Sep 18, 2014Thanks Mr V. Really appreciate your comments. Banked 80 pips in the end so very pleased with that obviously. Practically doubled account in one trade. But more pleasing than that is that I am starting to regularly bank much bigger winners than my ...
Trading is as simple as ABCD
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clivepackham replied Sep 18, 2014Well this GBPJPY trade is looking good at the moment so trading with the 5 min trend is helping it would appear. I'm also going to try and hold this on the 5 min NLMA colour change too. mainly because if the scots vote to stay British then hopefully ...
Trading is as simple as ABCD
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clivepackham replied Sep 18, 2014Just need to catch the first couple of entries rather than the riskier later ones, the sooner after the slope change the better as this chart shows could have entries between 20 to 40 pips up by now and no sign of the NLMA changing back to red yet ...
Trading is as simple as ABCD
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clivepackham replied Sep 18, 2014Definitely feel I'm getting this entering down to a tee now so just gotta work on exiting...
Trading is as simple as ABCD
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clivepackham replied Sep 18, 2014Can't remember ever trading USDJPY before, probably because its not that volatile so doesn't come up much in my TT indy but its here today so lets have a go... image
Trading is as simple as ABCD
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clivepackham replied Sep 18, 2014Oooops forgot about the pending news release!!! Lost 12 pips there for my stupidity, just got carried away with the charts and completely forgot the time...
Trading is as simple as ABCD
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clivepackham replied Sep 18, 2014These 4 look interesting waiting for a good pullback for entry or will they turn back up???
Trading is as simple as ABCD
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clivepackham replied Sep 18, 2014BE trade, failed drive didn't take out B point so should of closed there and then. Not really surprising as missed the first 3 entries as I was busy working on my strategy and feel I'm getting really close now to something workable on the 1 minute ...
Trading is as simple as ABCD
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clivepackham replied Sep 18, 2014First one of the day a bit late for these GBP pairs but I think its all about GBP pairs today with the Scottish Referendum... Had a bit of a "light bulb" moment earlier and have come up with a new template, lets see how it goes today...
Trading is as simple as ABCD
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clivepackham replied Sep 17, 2014Nope it just kept on going and going and going.... Its up about 135 pips since this mornings mid morning reversal... I guess people will say thats the trouble with 1 minute charts they go wherever they want but to be honest its the same with all ...
Trading is as simple as ABCD
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clivepackham replied Sep 17, 2014Lots of missed buy entries waiting to sell all afternoon, I took the first couple but after that I thought "nope this can't go on much longer " But of course it did... Thats the problem with these different days , one day it trends and I should be ...
Trading is as simple as ABCD
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clivepackham replied Sep 17, 2014Took another 20 odd pips here but wandering whether I should be holding on the MA slope changes?? Only trouble is did that earlier on GBPJPY and ended up at BE after being 18 pips up. Its a tricky one to know whats for the best. Most traders would ...
Trading is as simple as ABCD
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clivepackham replied Sep 17, 2014Have you tried an LWMA I think they are a little more reactive to the reversals than a simple so identify them better a 100lwma is very similar shape to the 200 nlma. But at the end of the day whatever your preference as long as when the price ...
Trading is as simple as ABCD
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clivepackham replied Sep 17, 2014Struggling to get past its old high and news pending so closed them out for 46 pips now wait for the news and see what develops after that... Time for my morning cuppa....
Trading is as simple as ABCD
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clivepackham replied Sep 17, 2014Had a chat with Martin yesterday and he's advised me to go back to normal candles , also to watch just the top movers eg biggest ADR pairs and just trade the MA turns get in early on the first pullback after the turn, first 2 max. Well had a couple ...
Trading is as simple as ABCD
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clivepackham replied Sep 16, 2014GBP weakness across the board... image Should be looking for GBP sells but they've gone quite a way already.... image
Trading is as simple as ABCD
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clivepackham replied Sep 16, 2014Yes its very easy to overstay your welcome on these 1 min trends I guess we have to decide which timeframe we are exiting on. The entry for me should always be the 1 min trend change when price turns your way but the exit can be any timeframe after ...
Trading is as simple as ABCD
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clivepackham replied Sep 16, 2014My mentor and friend Martin, tells me time after time the worst thing that can happen to you is you take a bad entry according to your system and it works!!!! Trouble is then you keep taking them and they keep losing!!!
Trading is as simple as ABCD