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- Nardino replied Jul 24, 2009
Is 4H your normal timeframe?
- Nardino replied Jul 24, 2009
You very right LondonTrader. My colleague and I have posted thoughts on this downward bias yesterday and this morning. Then the GDP news confirmed it this morning. If there is an uptrend I don't think it will be in the next few sessions. There are ...
- Nardino replied Jul 24, 2009
I think you been a 'naked trader' for too long. LOL. Seriously, why would you want to pack it in? All losses are seasonal according to the simple law of focus. What you put before you will always magnify in you. Have you spent enough time on forex ...
- Nardino replied Jul 24, 2009
No more 'wind of sail' on GU after Mich Report.
- Nardino replied Jul 24, 2009
I think its down to timing issue. I found Asian to be very slow on intraday.
- Nardino replied Jul 24, 2009
I always set TP 2:1 (reward:risks). Keep your stop really tight, say 10pips. But it's good to know the average pips that news had moved in the past. It helps.
- Nardino replied Jul 23, 2009
That's just the element human instinct. Sometimes we fail to realize that any position we see is only our interpretation. I do it all the time even after years of tried and tested plan. I guess a greater number traders saw your analysis differently. ...
- Nardino replied Jul 23, 2009
I share your pain. It's always a 20-20 vision in hindsight. There's always tomorrow.
- Nardino replied Jul 23, 2009
Thanks KillPhil08 for reminding all.
- Nardino replied Jun 25, 2009
LOL. Sometime it's better to be safe than sorry. The chart I posted below has a green dot signal for buy and that was why I chose to get of the position. I just checked and you would have been out of the market too by your stop. On the bright side ...
- Nardino replied Jun 25, 2009
Cable, GBPUSD Reversal Lurks — The tide is turning on the pounds sterling as it touches down on the 1.6233. A reversal flag have just been received on the hourly timeframe. The question is, will it retrace back to violate this support? ...
- Nardino replied Jun 25, 2009
Thanks Dillinger. It happens to everyone. Have tried setting your chart on longer timeframe and possibly do other things? It works for me though. Well done for your 200+ pip collection today. LOL
- Nardino replied Jun 25, 2009
Thanks Chris. We set out for the 1.6333 and 1.6233 from 1.6434 entry on just before London open. We've seen both support levels reached today. I guess it's greed I suppose that I am still hoping it might just cut thru the 1.6230 into the 6220s. If ...
- Nardino replied Jun 25, 2009
Nice chart you got there albchr. I couldn't agree more on your support levels. Anything below the 1.6230 threshold is probably is a bonus for me. Live to fight another day.
- Nardino replied Jun 25, 2009
Great post there and sweet profit Dillinger. Text book trade today on the Cable.. Got in this morning at 1.6434 and still maintaining open position. url
- Nardino replied Apr 9, 2009
Nice chart Vulture. This looked similar to what we pulled this morning. At the moment we are looking at this vaccilation between the 1.3100 and 3600 in the mid-term as the market consolidates. Wait and see for me.
- Nardino replied Apr 9, 2009
LOL. Because they principle of the theory may not have been tested in the different phases of realities it's likely to face.
- Nardino replied Feb 3, 2009
I know Jim from years back to 2005. Nice guy. Like I said I'm don't want to change your trading style. It would be wrong of me to want to because I don't know your risks appetite. However, 4hrs is perfect for your style especially if your're holding ...
- Nardino replied Feb 3, 2009
4Hrs. is a good timeframe but if you are trading intraday you might consider hourly. I don't know how you do your TA too. You need to start by looking at the picture. From monthly, weekly, daily, all the way down and use 5- or 15-mins. for your ...
- Nardino replied Feb 3, 2009
Sorry for the delayed response, caught with other things. Out of curiosity, what timeframe do you normally hold your trade?