Evening all - not really frequented this thread much, but thought I'd state my plan. I'm in long from 1.3222, will keep scaling in as far down as 1.31 - TP is somewhere in the 1.455 region. Good luck all. PS - Oops - forgot I enter a cheeky little ...

EURUSD

Here's my thoughts for what it's worth. 1. If you equate time with income you have misunderstood trading. More time spent, does not mean more profit (ironically for many people it's the exact opposite). You can find a method of trading that does not ...

thoughts on starting again - fresh and smart

As it stands 14:50 22 August 2014, but there is still alot of trading ahead of us. YSAB 107.9% Hollowhead 72% Little Craig 70.8% Kanikuly 62.2% Jimmy C 6.1% Thefuture420 -1.9% Alliance Fanx -10.4% TauTrader -86.4% Kaplan -98%

DEMOlympics for 2014

Hi Ty Thanks for dropping by. This works with all instruments. What I do is find something that is trending, look for a reasonable pullback and start building positions from the pullback. Good trading and remember there's no rush. Cheers Steve

ADX Engulfing Millipede

Hi HH Agree, whatever way you rationalise the take profit issue is correct as it is only your brain which suffers the torment of the ifs and buts. I find the most rewarding part with this type of trading is the luxury of time to properly take stock ...

ADX Engulfing Millipede

Thanks for dropping by Tombombadill. Steve

ADX Engulfing Millipede

Hi Hanover and Stu With all the discussion on FF that goes on about entries and stop loss levels, I've often thought the hardest part is the exit. My biggest demon has been learning to close a trade that's in profit, not closing them in DD, I think ...

ADX Engulfing Millipede

Hi Blackeagle I have done some small diversifications on other accounts. On the TE attached to the thread I decided to close all shorts on GU. Two reasons, 1. I only ever considered this as a pullback in the main trend, therefore, I wanted to catch ...

ADX Engulfing Millipede

Hi Vigovski - Thansk for your thoughts - like you I think ADX is very powerful and versatile. I'm not a big fan of lots of indicators, but it is one that helps me... Green pips Steve

ADX Engulfing Millipede

Hi 60MM - honoured to have you drop by - you are one of the 'other' traders I mention who has shaped my trading - especially the engulfing bit!! I don't tend to do much fundie analysis because to be honest I'm not sure my analysis would be that ...

ADX Engulfing Millipede

Good to see you pundit. Have a good holiday!!

ADX Engulfing Millipede

Thanks srt - green pips to you.

ADX Engulfing Millipede

Thanks Tom. Take your time with Graham's insights. There is so much there. I read the PDF twice and the whole thread once. There is gold in then there words. Thanks for dropping by.

ADX Engulfing Millipede

I do think the trade is on - but I am still bullish in the long term , so I will watch it closely. I don't see it going past 1.318 a but I've made statements like that before and been very wrong - so please trade what YOU see.

Are support and resistance levels predetermined?

Hey Tom Sorry not to reply earlier - I'm away with the family ATM and have limited internet access, and only mobile charts. When you say 'continuation' are you referring to the 680 template? If so then I think it is if price goes 59pips past the ...

Are support and resistance levels predetermined?

Sorry thought I had. They're on the TE into sig, 3 positions active 1.6730, 1.6777, 1.6681, with a pending at 1.550.

Cable Update (GBPUSD)

HDA - you're not the only one long and holding. I have been long pretty much since I closed my 19 short positions. I will be adding and holding to 1.745ish.

Cable Update (GBPUSD)

Thank you gents. TBH that was one of the hardest stack to close. It wasn't at the target I wanted, and I hate closing before TP - to me it's like moving a SL the wrong way - it reenforces bad habits and allows the greed/fear to rule. But, without ...

Cable Update (GBPUSD)

I've decided to close out - going away next week and not sure whether I will have internet access, so it's close enough. Total stats for this pullback - 19 trades across two accounts held short for a total of 4388pips. 11 of the trades on the chart ...

Cable Update (GBPUSD)