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  • #4,661
  • Mar 31, 2015 3:01am Mar 31, 2015 3:01am
Another nice short term signal shaping up here on GBPAUD need a nice reaction here, but I gotta get to work asap...

catch up later guys...
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Feel the Fear and do it anyway!!!
  • #4,662
  • Mar 31, 2015 3:06am Mar 31, 2015 3:06am
Clive - It's been somewhat of a no-brainer whilst under your 100 lwma.
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  • #4,663
  • Mar 31, 2015 3:15am Mar 31, 2015 3:15am
Quoting handy148
Clive - It's been somewhat of a no-brainer whilst under your 100 lwma. {image}
Glad its helping Mike and talking about the 100lwma I've just taken a nice little entry off of it back with the trend so works on all timeframes....


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Gotta go for sure this time so will leave that one to run...
Feel the Fear and do it anyway!!!
  • #4,664
  • Mar 31, 2015 3:19am Mar 31, 2015 3:19am
150 landmark on EURUSD......
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Feel the Fear and do it anyway!!!
  • #4,665
  • Mar 31, 2015 3:21am Mar 31, 2015 3:21am
  • #4,666
  • Mar 31, 2015 4:00am Mar 31, 2015 4:00am
Quoting clivepackham
150 landmark on EURUSD...... {image}
Clive.
You are THE MAN!!! Well done bud, we all have SO much to learn from you!
Pieter
  • #4,667
  • Mar 31, 2015 5:05am Mar 31, 2015 5:05am
Can you exaplin your entries ? I cant understand it still...


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  • #4,668
  • Mar 31, 2015 5:39am Mar 31, 2015 5:39am
Quoting Mariodrugs
Can you exaplin your entries ? I cant understand it still... {image}
Hi Mario.

Clive entered the market yesterday at 1.0886 and is still in the trade.
See Post 4,626 on page 232
  • #4,669
  • Edited 7:51am Mar 31, 2015 7:31am | Edited 7:51am
got in EU, nice pull back and test S2
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update: it was a lost... not sure if I miss anything or just bad luck...
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  • #4,670
  • Mar 31, 2015 7:41am Mar 31, 2015 7:41am
Bit of a risky pre-news trade there 2:1 RR profit target sometimes ends up being just right.

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Here's a frustrating to-the-pip whipsaw of my SL at break even, before rocketing in the right direction, just for contrast.

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And top top it off, a whipsaw of my SL for a loss earlier on.

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It's been an interesting day...
  • #4,671
  • Mar 31, 2015 7:49am Mar 31, 2015 7:49am
Quoting henryloving
got in EU, nice pull back and test S2 {image} {image}
stop loose ? ;q
  • #4,672
  • Mar 31, 2015 7:59am Mar 31, 2015 7:59am
Quoting Mariodrugs
{quote} stop loose ? ;q
And totaly ignoring big picture.
  • #4,673
  • Mar 31, 2015 8:32am Mar 31, 2015 8:32am
Quoting henryloving
got in EU, nice pull back and test S2 {image} {image} update: it was a lost... not sure if I miss anything or just bad luck... {image}
Not your fault. Bad luck This strategy is random like coin throw or thousands strategies all others no one strategy can say where its going. There is no strategy which will give you 60% accuracy, because that would be holy grall ; ) so if 40% loosing ( 40 dollars lost ) 60% winning ( 60 dollars wins ) = 20 $ dollars wins. <= That strategy not exists ;-)
This is forex. ^^ Only luck
  • #4,674
  • Mar 31, 2015 9:22am Mar 31, 2015 9:22am
Quoting henryloving
got in EU, nice pull back and test S2 {image} {image} update: it was a lost... not sure if I miss anything or just bad luck... {image}
That didn't look like a terrible trade to me. It was a bit of bad luck that it didn't continue to go your way. However, it looks to me like you would have been in well over 3 pips of profit at some point in that trade. Clive moves his stop loss to break even once in 3 pips profit. That would have protected you from a loss in this case.
  • #4,675
  • Mar 31, 2015 9:35am Mar 31, 2015 9:35am
Quoting katkTrader
{quote} That didn't look like a terrible trade to me. It was a bit of bad luck that it didn't continue to go your way. However, it looks to me like you would have been in well over 3 pips of profit at some point in that trade. Clive moves his stop loss to break even once in 3 pips profit. That would have protected you from a loss in this case.
Clive also goes in with 10+ Lots. That is not possible for all of us, so to move to BE at 3pip in plus would be sensless for us, because we just would get far too less profit.
  • #4,676
  • Mar 31, 2015 9:51am Mar 31, 2015 9:51am
Quoting GodsClown
{quote} Clive also goes in with 10+ Lots. That is not possible for all of us, so to move to BE at 3pip in plus would be sensless for us, because we just would get far too less profit.
That's quite a position; 10+ traditional lots, or £10+/pip spread betting?
  • #4,677
  • Mar 31, 2015 10:27am Mar 31, 2015 10:27am
Quoting honestknave
{quote} That's quite a position; 10+ traditional lots, or £10+/pip spread betting?
10 Lots are £100/pip.
1 Lot - £10
0.1 Lot - £1

Minus spread and kommision.
  • #4,678
  • Mar 31, 2015 10:51am Mar 31, 2015 10:51am
Quoting GodsClown
{quote} 10 Lots are 100/pip. 1 Lot - 10 0.1 Lot - 1 Minus spread and kommision.
Hi GodsClown, spread betting is something that UK residents can do and the lots don't equate the same way as in traditional forex.
It depends on the broker, one example is FXCM: a spreadbetting lot is 1,000 units. A forex lot is 100,000.
  • #4,679
  • Mar 31, 2015 11:57am Mar 31, 2015 11:57am
Quoting honestknave
{quote} Hi GodsClown, spread betting is something that UK residents can do and the lots don't equate the same way as in traditional forex. It depends on the broker, one example is FXCM: a spreadbetting lot is 1,000 units. A forex lot is 100,000.
Not just UK residents can do that, everyone in the Eu can do it with the right broker, so there is also a 10,000 unit.
  • #4,680
  • Mar 31, 2015 12:02pm Mar 31, 2015 12:02pm
Quoting GodsClown
{quote} Not just UK residents can do that, everyone in the Eu can do it with the right broker, so there is also a 10,000 unit.
Well this does seem to be going off at a tangent.
I'm still not entirely sure that we're on the same song sheet (account currencies, crosses etc) but from your first reply, I can assume that he is trading over £100 / pip on this strategy.
In which case, I doff my hat to you, Mr Packham!
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