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clivepackham replied Apr 27, 2015Hi Guys Sorry I haven't been around today , busy day at work.. But doesn't look like you're gonna need me around very much more as you're all getting some great trades going... Great stuff...
Looks like the Divergence did the trick on ...Trading is as simple as ABCD
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clivepackham replied Apr 27, 2015OK I hear what you're saying about the positive RR requirements and yes it make sense but I think the problem with myself and you're sounding a bit like the way my thoughts are... Is that we believe we are going to catch those runners that we look ...
Trading is as simple as ABCD
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clivepackham replied Apr 27, 2015Yep thats the same old game I play nearly everyday, I think its the fear of missing out over coming the fear of losing or rather the fear of a BE trade. How many pips were you up in those 8 trades??? If you had taken just 5 pips per trade then you'd ...
Trading is as simple as ABCD
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clivepackham replied Apr 26, 2015I'm more of a visual guy so prefer videos to books so have a look at this Mark Douglas interview, saves a bit of reading time... video Awesome video with the psychology we need to succeed as a trader, the ability to accept the outcome of each ...
Trading is as simple as ABCD
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clivepackham replied Apr 26, 2015Hi JPR Yep I reckon you're right just need to keep it simple and get on with it, spend far too much time posting and over analyzing a very simple concept... Time of day just after market opens.. When 120HMA changes colour take next 2 CCI signals.. ...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015Just quickly look at this 15 min strong trender GBPCAD looks amazing doesn't it and look at the smooth 120HMA turn...How about trading the 15 min strong trender like this dropping down to 1 min chart and entering on every turn up on the 1 min ...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015Last post of the day on the subject of how to catch longer runs... Something Martin said to me recently was to trade the hrly CCI signals..so how about we apply the same strategy to our hrly charts?? heres GBPJPY hrly chart and the first CCI signal ...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015I've been through a lot of charts today and I'm not convinced we could rely on anything in particular when it comes to trying to hold a few trades as theres not a repeatable pattern that we could rely on. However I'd say theres typically maybe three ...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015Going through all these charts has been interesting and although I can see its difficult to know when somethings going to be worth holding I think just after market opens are worth a go plus maybe Londons mid morning reversal??? It appears to quite ...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015Hi Pres78 Yep thats where I got the idea from, your "paper break even" trade. Great way to hold through the first entry then rinse and repeat on 2nd and if you get them to stick, you've banked a whole position and got a whole position going forward. ...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015Yes exactly, the time of day is absolutely crucial to when to hold and also hold the first 2 or 3 entries then look to Orphan hug the rest... Heres why this happens have a look at this typical chart of the three opens all together. I have seen this ...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015Hi Jed I personally wouldn't get too carried away with the Divergence theory, I think if you look there are plenty of times when divergence simply doesn't work. Its the way our belief systems work, we are always looking for evidence to back up our ...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015Wise words my friend and I am testament to the BE trade after BE trade trying to catch longer runs. The thing is they are very easy to see after the fact but the devils own to catch trading in real time. The reason is of course that we see these ...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015Quite right Jason, I meant the third arrow but the 2nd CCI signal as the first arrow wasn't a signal just me pointing to the slope colour change...
Trading is as simple as ABCD
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clivepackham replied Apr 25, 2015Thats a 120 for sure and the amazing thing is he took 10 but it went 60 plus , we have to start taking advantage of these bigger runs as thats when we're gonna start bringing the real money home... image I'm convinced its a combination of catching ...
Trading is as simple as ABCD
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clivepackham replied Apr 24, 2015Some great posts this week with loads of good ideas and helpful suggestions so heres my conclusion from this weeks trading with the new strategy.. Time of day is as important as ever and even though I've been playing around with Frankies hour this ...
Trading is as simple as ABCD
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clivepackham replied Apr 24, 2015Nice charts and agree 100% with you about getting the earlier CCI signals in the move as soon after the slope change as possible.. Our little CCI just keeps giving doesn't it?? And now we can add divergence to the plan... great stuff... Of course ...
Trading is as simple as ABCD
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clivepackham replied Apr 24, 2015Wow !!! Thats awesome, are you using the 1% across 10 pips?? If so you've made 265 pips, can't be bad, so pleased other guys are starting to make some money with this strategy. Just have to get my life organised and get some money together asap.. so ...
Trading is as simple as ABCD
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clivepackham replied Apr 24, 2015Hi Elpropio You're get use to me eventually, I'm afraid I try out lots of different things and I'm a constant tinkerer, looking for that perfect setup that never fails...
But of course I won't find it, as it simply doesn't exist. To answer your ...Trading is as simple as ABCD
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clivepackham replied Apr 24, 2015Well done Jason nicely done, I think you've got the right idea with your Orphan grabbing technique, whereas my pie in the sky longer term plan on GBPUSD ended in yet another BE... Just can't see the point in these longer term plans no matter how ...
Trading is as simple as ABCD