Maybe I am getting somewhere after all - if no result can be called a positive result, if you know what I mean...
When in doubt, sit on your hands...
Strat's PASR Long Term, Stress Free Trading 17,850 replies
M5 PASR Trend Trading Strat 95 replies
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DislikedWe have:
Big Boss: Down
Boss: Two weekly highs at 141.889 (Weekly is still downward until proved otherwise)
Worker: Daily Spinning top at High 141.889 Close 141.020
If daily breaks and you take a trade downwards look at the maths.
Sell at 139.55 Below bar of the 2/11/10
Stop loss at 142.25 leave enough room
Risk 2.7 at say £10,000 for the maths 27000 ie £189.80
Next area of downward resistance is 138.23
Reward 139.55 - 138.23 = 1.32 at £10,000 ie £95.49
Not a good risk - reward ratio!
However
Next major point of potential...Ignored
DislikedHi Sid, Femfam and others.
Live in Weybridge up for it just let me know.
Even if Strat can't make it
JohnIgnored
Dislikedthat's great that you are joining us as well stgeorge!
here is our growing vip list:
Sid
Lotuselanman
golfer27
femfam
Sinan (maybe - in London for business once a month)
stgeorge
cheers
sidIgnored
DislikedSorry Sid, just van't make it at that time of the year. ON the other hand it could be nice to have a week in Skye at some stage and do some trading here...and partying of course.... and sight seeing too.
SpinnerIgnored
Dislikedthat's great that you are joining us as well stgeorge!
here is our growing vip list:
Sid
Lotuselanman
golfer27
femfam
Sinan (maybe - in London for business once a month)
stgeorge
cheers
sidIgnored
DislikedHi Nicola, i think Sid's original intention was for June, to coincide with strat's world tour.
Although, since there are a few people within a reasonable distance, it may be flexible. Best check with Sid.
Thanks for the E/gbp explanation by the way, and thanks to blackeagle too.Ignored
DislikedGBPCAD
Volunteer needed from one of the students on The Path to trade this LIVE with REAL money (not demo) as hcristea did with USDCAD.
To qualify, the student has to send me a screen shot of his live account with this order.
They must also post their PLAN for this trade and all entries, SLs, TPs etc., etc.Ignored