win
gbp/usd today 12.15 gmt
http://img684.imageshack.us/img684/9721/gbpusdtoday.png
By radofx at 2011-06-21
gbp/usd today 12.15 gmt
http://img684.imageshack.us/img684/9721/gbpusdtoday.png
By radofx at 2011-06-21
Are you a trend trader or a counter-trend trader? 29 replies
Divergence Flag / Trend Continuation setup 0 replies
1 Min THV Flag Trading 933 replies
Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies
3 CCIs 'Flag' Trading 55 replies
DislikedSuccessfully traded the new setup last night. Plenty of entries within a relatively short period.
The only problem as I see it is that I am not able to digress anymore into endless permutations of systems with varying degrees of complexity to satisfy my desire for new toys and mental stimulation. Something simple that works - and due to the current setup even allowing for 2B fake-outs - it appears quite straight forward to get the success rate of the entry above 60%.
I am going to have to go and find another hobby it seems.
Thanks a lot...Ignored
DislikedThe stop must be below the last swing low. With a maximum distance of 15 pips (spread included), this prevents trades from being placed when SUBs occur on an ongoing trend too far from the last HL/LH.
That is my understanding.Ignored
DislikedI currently see absolutely nothing of interest. Pairs are no where near their daily ranges, and stuck in consolidation. Price of admission today is zero.Ignored
Dislikedthough there was a s u b market was in a 26 range cor whole session market never got into treading modeIgnored
DislikedThe stop must be below the last swing low. With a maximum distance of 15 pips (spread included), this prevents trades from being placed when SUBs occur on an ongoing trend too far from the last HL/LH.
That is my understanding.Ignored
DislikedAnother great day to go to bar (pub).
The only smart trade today would have been to short the pound after the MPC meeting vote, and hang on.Ignored