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clivepackham replied May 6, 2015It knocked me off at BE yet again but I had faith in this top trender GBPNZD so quickly hopped back into the saddle... Mind you shes bucking and kicking a bit...
Trading is as simple as ABCD
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clivepackham replied May 6, 2015Not my best entry ever and possibly facing another BE because it was too late but hopefully if it holds on I might have my winner at long last....
Trading is as simple as ABCD
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clivepackham replied May 6, 2015Nice reaction on the tTTindy with some GBP strength after the news...typical reversal setup GBP red on 5 min but green on 1 min... image But the HRLY chart is telling us to sell this strong downtrending GBPAUD 2nd in HRLY TTindy but down, so is ...
Trading is as simple as ABCD
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clivepackham replied May 6, 2015Looks like someone gave em a bum steer on the news, now what they gonna do???? Extradite themselves from some pretty big sell positions is my bet.... image Lets see how this goes??
Trading is as simple as ABCD
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clivepackham replied May 6, 2015Just take note of TTindy and CSM just before the news, lets see what happens afterwards???? image Not the best CSM reading but we can see whoose top and bottom which is all that matters... image
Trading is as simple as ABCD
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clivepackham replied May 6, 2015Hey George, good to see you around..... Nice one..
No need to apologise they weren't my 12 pips...
Just look at this GBP weakness , going down more and more as I type , must be some really bad news coming for GBP today...
Trading is as simple as ABCD
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clivepackham replied May 6, 2015Interestingly though what we should be looking out for on GBP red news days is any GBP strength or weakness just running up to the news, basically my pre-news release trade when I think the "Good Old London Boys" have had a heads up asbout the forth ...
Trading is as simple as ABCD
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clivepackham replied May 6, 2015Nope another BE its just not having it better wait till after the news now... Put the kettle on.....
Trading is as simple as ABCD
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clivepackham replied May 6, 2015Hmmm GBP weakness right across the board so I should be looking for a GBP sell, nearly caught that GBPNZD trade but close don't get the cigar... Think I might go back to just watching the top four 1 minute trenders and see how I go... Soon as I ...
Trading is as simple as ABCD
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clivepackham replied May 6, 2015Nope pipped me out then typically carried on down without me.... but it does all seem a bit jerky today, I think all these minor EUR news releases aren't helping, probably better to sit them out until after GBP news in 45 mins... Time for a cuppa I ...
Trading is as simple as ABCD
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clivepackham replied May 6, 2015First trade of the day and its a loser I'm afraid.....5.5 pips to the downside Nice AB move up retest of last high but then it failed to drive higher so closed it out for a loss... Couple of things wrong with this trade, fell foul of Frankies hour ...
Trading is as simple as ABCD
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clivepackham replied May 5, 2015Not really crazy ,think about what I said. If you have £10,000 to trade then only deposit 10% with your broker, then trade at 1% per pip which of course equates to your 1% of your total trading fund across 10 pips. Theres no difference apart from ...
Trading is as simple as ABCD
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clivepackham replied May 5, 2015Wow EUR knocked for six any chance bad news for Spanish unemployment figures in 30 mins???
Trading is as simple as ABCD
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clivepackham replied May 5, 2015Looking at my hrly TTindy I'd say we're looking at GBP pairs to go down today so thats my expectancy and if I see GBP weakness I will be all over it if I get a chance...Mind you the daily trend appears to be up.... image Probably won't get much ...
Trading is as simple as ABCD
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clivepackham replied May 4, 2015I'll have to disagree with you there my friend as I'm rather proud of my money management system. I have been trading at 1% per pip lately so its only 3 losers in total just 30 pips.. But when I get it right I'm making a serious percentage gain in a ...
Trading is as simple as ABCD
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clivepackham replied May 4, 2015Ha Ha bless your cotton socks, "most indicators put too many lines on charts" thats because the indicators are drawing every divergence not just the winning ones... Theres too many lines because theres too many occurrences of divergence... But like ...
Trading is as simple as ABCD
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clivepackham replied May 4, 2015Hi Fxfury Not a good day for me , it seemed very rangy today with nothing really going much more than about 50 pips so by the time they were setting up it was all over...Lost about 30% of my account which is not too clever, just over trading trying ...
Trading is as simple as ABCD