I was uncomfortable with doing anything with Cable this morning. I saw a nice opporttunity on the Jeppy. I am long of 212.65. SL 212.45 Profit target is the Median line. Edit: SL now 212.90 SL raised to 213.05 Profit taken at 213.22

Trading with the Edge.

Hey Dopey, You don't have to say it. I know, I know. An incredible bull run in the afternoon has left me rather incredulous.

Trading with the Edge.

Sadly another disappointing trade. My bias this morning was mildly bullish. I finally went long at 9am at 1.9665. Now i know it wasn't the optimum entry. I hesitated a bit as the previous bar had fallen 34 pips. My stop was below the low of the day ...

Trading with the Edge.

I would second that.

Malaysia

Good Morning folks. I hope you all had a splendid weekend. I had a nice break in England for the past week and a bit. Anyway, back to making donuts as Morge puts it. This morning i wanted the market to test the upper parallel and depending upon its ...

Trading with the Edge.

Analysis — Well the week is over and i am off to England to visit my parents for a week or so. The results of my endeavours of the week plus thursday, friday of last week. Total Trades:16 Winners 37% Losers 63% Expectancy -1.74 Balance down ...

Trading with the Edge.

Thanks i was watching it this morning, infact i was so focussed on it that i missed the down move. Anyway, i got few pips by going long at 32.

Trading with the Edge.

Thanks for the encouragement and support Dopey. There was a nice trade down this morning.

Trading with the Edge.

After my rather poor trade this morning, i took the afternoon off. This mornings trade was poor as i allowed a winning trade to become a loser. The truth is the market was gyrating so close to my entry and i had no place to hide my stop. So i left ...

Trading with the Edge.

I guess my stop should have been wider this morning.

Trading with the Edge.

If i am honest, when i took the trade i wasn't thinking of the high probability of the retest of the UML. In Morges seminar of last week he spoke a good deal about how price comes back to retest a median line. This morning for me it was a case of ...

Trading with the Edge.

I suggest you look a little harder on the median line site. A big hint...right there on the home page.

Trading with the Edge.

Short of 1.9703, sl 1.9723...no profit target as yet. Edit: my retionale for no profit target. I am going against the trend of the day. The market has been rising for the past 5 days. Today it might have a retracement or it might continue its upward ...

Trading with the Edge.

Thanks Capitalist, wow now there are two "heavyweights" here....a couple more and i am going to set up my own belt...WITC...Don King, forget about the kronk gym in Detroit...look here in the FF for the future intellectual heavyweight champ.

Trading with the Edge.

Dopey, I guess the market answered me quite unequivocally.

Trading with the Edge.

Yesterday the market failed to reach the upper paralel line. It found resistance at the 61.8% of previous weeks down move. Today the market retraced to just below the 38.2% level of yesterdays low/high. I was waiting for it to retrace to the lower ...

Trading with the Edge.

Although the market has risen sharply, i am happy that i was disciplined enough not to take the trade.

Trading with the Edge.

What if i had hit the bid and at the same time my offer was accepted then i would have had twice the size that i wanted to trade. Right now my hunch is that the market will go higher...of course i will not trade this hunch today.

Trading with the Edge.

Although i am not trading profitably yet, i am however getting more and more confident with each setup. This morning i got stopped out and this afternoon i had an offer at 33. On my platform it showed 32 bid and 33 offered.Then it fell few ticks, i ...

Trading with the Edge.

I was fortunate with the news release yesterday. Todays release was deemed as high impact so i did not trade before it. I sold cable on the intersection of 2 opposing forks. According to Morge these energy points attract price and then usually the ...

Trading with the Edge.