So if it closes like that is that a buy signal or too messy?

Silent Service Method

Thanks Soca

Silent Service Method

Activtrades update — Having had time to look through this a bit more I've discovered that it is very difficult to trade futures using the ss method because you only get data going back to the start of the contract which can be as little as 3 ...

Silent Service Method

Mind the gap! My pending order on eurgbp got triggered at the open price and I just closed for -8 pips as it's way too messy to stay in. My chfjpy long gapped up too and I closed for +97 pips as I want to wait and see what happens before I trade ...

Silent Service Method

Really good vid Chris, thanks! I see now what you mean about not messing about with little trades here or there on eurgbp, much easier to wait for the big one and ride it all the way. Is a close below that triangle enough for an entry or would you ...

Silent Service Method

Agreed. Are you not interested in a small long back up to that next trendline or is that too risky for you? I've pulled my stop and target in a bit to 60/60 as that's the low of yesterdays move and the body of today and the 60 take profit is easily ...

Silent Service Method

I just closed my eurgbp trade for 236.5 pips. That trendline looks like it's going to hold and the 4 hour chart is showing clear price action for a long bizarrely. I've put a buy stop just above the last 4 hour candle, the stop loss below todays low ...

Silent Service Method

Lol, I take it back, you're really funny! To save a lot of time and effort I would like to offer you an unreserved apology for my previous comments. My original statement that you have got the wrong thread was meant more as a jovial statement rather ...

Strat's Long Term Stress Free Trading

Kretin, I was replying to a previous comment rather than posting randomly. You see, you aren't as funny as you first thought.

Strat's Long Term Stress Free Trading

You may have got the wrong thread! Strat, Arthur Daley is a well loved ne'er do well from 80's British Television, probably didn't make it over the pond. Confidence and understanding come with practise and I'm getting better all the time with the ...

Strat's Long Term Stress Free Trading

Sorry to seem wise after the event but I liked the look of chfjpy at the close last night. If you look at usdchf that was at trendline resistance last night but not a clear enough pattern to trade and most jpy pairs are showing reversal signals, ...

Strat's Long Term Stress Free Trading

Thanks all for the above comments about my chfjpy trade, taken on board. Danku, I use a micro account with Alpari UK and they are as good as any but I only trade forex, I think you need a bigger account to trade cfds.

Silent Service Method

ChfJpy long — I took this trade not long after the close of the last 4 hour candle. To me it looks like pretty clear price action at a pretty strong trendline support level (bit worried it's trendline and not horizontal significant round ...

Silent Service Method

So, eur down, gbp up... Sounds good to me with my eurgbp short! It has reacted a little to the long term upwards trendline but I don't think it's a strong trendline (this is the third touch) and I've got 200 pips locked in now so I'm happy to let it ...

Silent Service Method

Eurgbp 250 pips up now (185 locked in) I'm loving this thread more and more. I've opened an account with activtrades, cfds and some exotics with not too high a spread. I'll let you know how it pans out.

Silent Service Method

Great, thanks for your help.

Silent Service Method

D'oh! Thanks for that. I actually use Alpari and find them ok. You are both right, ODL are FSA regulated. I think I'll look into them further to assess whether they would be good to use. They mention spread betting a little too much which spells ...

Silent Service Method

Thanks for the tips on cad/jpy and the broker. I think I have looked at ODL and they are Russians? I'll have to recheck, I'd prefer something FSA or US regulated (no offence if you are Russian, still...). I have found a company called activtrades ...

Silent Service Method

Thanks for the reply. I see what you mean, the main worry support wise is the trendline from the 22/6/09 via 6/8/09 and 28/1/10. It's not a very strong trendline though is it? I think I might hold on and just trail the stop closely, if it bounces ...

Silent Service Method

I've got 94 as a level, maybe if it broke that it would be better? My nzdusd stopped out at break even today but eurgbp is storming. Would you be put off by the multiple upwards trendlines that could be drawn on this pair right now or are the ...

Silent Service Method