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clivepackham replied Apr 14, 2015That looks really cool so you can see a strong trending say 1 hr chart then when its CCI turns your way drop down to 1 min and trade in that direction. Very handy if you want to trade in same direction as a higher timeframe. Very good ...
Trading is as simple as ABCD
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clivepackham replied Apr 14, 2015And also the perfect example of why traders don't make money, I didn't make a bean out of that trade dispite being up twice 5 pips or more, so why didn't I bank??? Fear and Greed, the two devils of trading.... So how do we deal with it??? Thats the ...
Trading is as simple as ABCD
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clivepackham replied Apr 14, 2015And just to show an example heres a perfect pullback to support at 1.3275 and away we go... Simple, simple, simple.....
Trading is as simple as ABCD
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clivepackham replied Apr 14, 2015Exactly Harold and if we remember why it moves in waves then it becomes easier to start understanding the market and the essence of trading. When someone buys and price goes up, he has to sell to bank his profit so causing the pullback. Its that ...
Trading is as simple as ABCD
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clivepackham replied Apr 14, 2015Hi Mr V. Yes exactly and the same thing here and I'm sure we're not alone. Theres a wealth of wealthy men out there who teach unsuspecting newbies how to trade but in fact can't do it themselves , Can't trade??? Then teach..... For me the penny ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Hi Jed Glad to hear my thread is helping you But I'm afraid I wouldn't recommend any books or anything else on trading vast majority are total bullshite .... I'll save you time and money and cut through all the shite for you... Price can only go up ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015You're welcome Blueface and on the subject of false signals the other timeframes have just as many per candle count but just spread further apart... The secret is to try to identify or qualify the CCI signals you want to trade...Look for strong ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Thanks Jason, its nice to hear I've helped you become a better trader... And yes it really is simple isn't it??After all you only have 2 choices up or down?? Find a strong trend or momentum as you say, where its painfully obvious which way its ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Yes I think so too so took your advice and banked 22 pips on last EURUSD trade and glad I did looking at EURUSD now... Also carrying on in that vain took another 20 pips out of this double top on GBPAUD not a system trade but just appeared too ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Out at BE again after being 20 plus pips up so one last go at this and thats it... Wouldn't i be better off just trading each push down whenever it turns down????? I reckon I'd of got 30 to 40 pips out of it already,,, Hmmmm makes me ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Its all looking good for my EURUSD trade as EUR pairs weak across the board so hopefully it will plummet all day....
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Well I eventually got EURUSD to hold after quite a fight in and out at least 3 times, but its there now but it will really pee me off if this goes out at BE now... But I guess thats the nature of the beast if you're trying to build positions up in a ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015I trade with DMMFX and the spread is 2.4 on GBPNZD fixed... with no commissions. So to answer your question I tend to avoid trading anything over 2.5 pips if I'm honest, they have CHF pairs fixed at 9 so just don't trade CHF pairs or if I wanted to ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Yes we can definitely quickly give back our profits on these 1 min charts but in the same vein we can also make money quickly. I'm starting to realise its all about trading the strong trender making some pips then after say first 2 or 3 moves leave ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Nope knocked me off at BE so lets have another go....somethings gotta stick sooner or later...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015There you go one leg on and safely at BE on EURUSD so lets see if this sticks or not???? image
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015GBPUSD setting up nicely too break and retest of 1.4600 BRN...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015EURUSD is trying its best for me but not there yet....
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Hi Pipglutton There was once a thread on here by a guy called Paulaus I believe who was only taking one trade per session and taking 3:1 RR's win or lose he just did one trade per session, well after a couple of months he'd quadrupled his account ...
Trading is as simple as ABCD
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clivepackham replied Apr 13, 2015Remember all the talk at the weekend about selling EURUSD and seeing what sticks?? Well heres that setup we talked about so lets see what I can get to stick as EURUSD top trender....and setting up beautifully.... image have a go at this lads as ...
Trading is as simple as ABCD