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- RicOshea replied Feb 19, 2013
As usual, came out early-must try to stick to own plan! The correct level looks to be at about 125.15 after price dropped through the 20MA.
- RicOshea replied Feb 15, 2013
Nice move on Eur/Jpy today! Any suggestion on how to trail this? I've seen several suggestions involving 20 period Ema. I've decided to trail a stop just behind the MA level and see what happens. I really like the simplicity of this method. David
- RicOshea replied Jun 29, 2012
Hi, Just found chart on SmartLive markets MT4 platform. They call it UK Oil
- RicOshea replied May 3, 2012
I've been following this thread with interest as the trading method really appeals and there are echos of a method I have used in the past. May I make a suggestion based on my experience? I would personally wait until there has been a retrace (say ...
- RicOshea replied Feb 22, 2012
I know not everyone takes account of news when using this strat. but the Bank of England minutes released at 9:30 am had sharp effect on the pound I think.
- RicOshea replied Feb 21, 2012
Took 50+ pips after price neared my stop and then moved down again-
- RicOshea replied Feb 21, 2012
Thanks for info and advice-I'm trying to cure myself of a bad trading fault (one of many!) of taking profits far too early. I thought I would set a trailing stop on my platform (IG Index) and see where it takes me on this occasion.
- RicOshea replied Feb 21, 2012
Still in this Cable trade with trailing stop of 27 pips (the original risk). Stop now moved to 15811 locking in 27 pips profit on my second half of trade.
- RicOshea replied Feb 21, 2012
I would feel more positive if 1.5800 broken though.
- RicOshea replied Feb 21, 2012
Thanks-don't always remember to look at daily. I hope you are right about a move south. One thing I have noticed after an initial fairly positive response to news is that sentiment can change rapidly to the opposite!
- RicOshea replied Feb 21, 2012
Is Cable forming a double bottom at todays low and just above round number?
- RicOshea replied Feb 21, 2012
Cable Trade — First half off at +27 pips, second half to BE. Nice & quick this one!
- RicOshea replied Feb 21, 2012
Cable Trade — In Cable Trade, sell at 1.5838 with 27 stop
- RicOshea replied Feb 20, 2012
US Holiday — Maybe a quiet day today because of holiday in US?
- RicOshea replied Feb 17, 2012
Set up on Eur/Usd — Would there have to be a significant move down (maybe two red candles before a reversal green) on EU for there to be a buy signal or would any of you take the green candle forming now (7:22am as I write in the UK)? One hour ...
- RicOshea replied Feb 16, 2012
Do some of you only to trade this method in the direction of the trend, or does everyone take trades counter trend as well?
- RicOshea replied Feb 15, 2012
Following this system and thread with interest. Thanks Kraven for sharing. Do you all avoid trading during important news releases or not?
- Posts by Member Search: 'RicOshea'