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clivepackham replied Sep 11, 2014Bit too late to the ball this morning really must get up in the morning as I can see I've missed some massive opportunities already but lets have a go at this gbpaud you never know it might keep going if not then a reversal could be on the cards...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014Just thought I would quickly review my trades today and what I did right and what I did wrong... The first trade I should of held with the trend intact for longer. I took 13 pips when the move was over 70 pips. There was no need to close out trade ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014Ha Ha you were right should of taken my 60 pips when they were there but instead I lost 3 pips from the whole move. Hanging on for a move that was never there in the first place.
Mind you I didn't trade the trend to the end, did I?? No i kept ...Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014Well this is interesting stuck in a bit of consolidation now and my 2nd load came off at BE and a third entry cost me 3 pips so just going to sit this out as they say if price came down into consolidation it should continue on downwards afterwards. ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014Safely added another entry and will add on next one too... image
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014I hereby promise to hold this trade until the trend ends, ok??? image
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014At last the long awaited reversal back with the daily trend!!! I knew thos fat cats at the banks were wait to jump on this .... not the best entry in the world but it'll do, should of entered on first pullback but hey ho. image Now this I'm ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014Last post on this then its back to trading as our long overdue reversal looks like its looming.. Look at this chart its a strong trending market if we can't trade this then we should n't be trading. 13.8 pips from this 70 pip move is a disgrace!! It ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014Yes I agree this is the "unusual" which is why we are both finding it hard to trade it, but if we adapted the idea of trading a trend until it ends, then sure , we will have a loser at the end but who knows when that is?? And by the way if we adapt ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014I can't watch anymore just all looks too crazy today, price is practically moving in a straight line. How often does that happen?? But as I've got a few minutes to spare I will bore you all with my new theory on entries. I've noticed before that ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014This is crazy!!! For the last hour I've been looking at that GBPAUD racing up the page and think about taking an entry but then I think "Nahhh, its going to end soon but it just keeps bloody going!!! Missed my break and retest entry on that hrly ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014Morning MR V. Hear what you're saying and I will look into it, in particular I think the over 20 reading is particularly valid as the whole point of this strategy is to only trade strong trending pairs and of course the steeper the MA the better. I ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014The system is to take an entry just after a colour change on my 100lwma and hold until it changes colour again, but thats very hard to do. If I'd of held my first entry today on GBPAUD I would of been 30 odd pips up by now but because I have a ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014These GBP pairs are looking toppy which is not really surprising when they've gone up so much in the last 24 hrs and the daily charts are screaming "DOWN!!" so I'm not looking to hold these trades on my 100lwma turns, but if they should turn ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014Just another 5.1% there GBP pairs are looking a bit toppy to me some quick fire ricochets here...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014Theres a big hrly level at 1.76339 which concerns me so took 13.8 pips 13.8% just to get the day off to a nice start, find it hard to believe it will just power through that level so expecting some big orders there. If it takes some steps back I ...
Trading is as simple as ABCD
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clivepackham replied Sep 10, 2014London open looking very interesting with GBPJPY, GBPAUD and EURAUD top of my 5 minute TTindy and looking way overbought, how much longer can thier march up the chart continue before that inevitable pullback is coming they've raced up about 240 pips ...
Trading is as simple as ABCD
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clivepackham replied Sep 8, 2014Nice trade Rautomatik i had a nightmare day all over the place kept thinking I knew where price was going instead of just trading the trend, buy DB's and HL's only sell DT's and LH's only. When you get one just take it, stop thinking about it too ...
Trading is as simple as ABCD