Trading is as simple as ABCD

Plenty of EUR strength across the board but will it be enough to save me???





If this push fails I might have to retreat and lick my wounds...

Not a good place to be long looking at the daily levels...

Not a good time either, forgot about the German unemployment figures....



Bit rusty haven't been around for a while...never mind better luck next time..

looking at USD/JPY for a decent short

I'm interested in these two GBP pairs but this time I'm gonna wait for the news, but if I was a betting man I'd say good news for GBP due....

Had to be done Harry.... Nice hrly pullback to yesterdays low too...



This could be a nice one...

GBP strength right across the board after some good news and my GBPNZD right on the top of the pile...

Banked 33 pips then jumped back on...

Banked another 17 from that one, after all it can't keep going up can it???



Shame I didn't catch that earlier turn at yesterdays low but can't get em all as they say...

Ok last one from this move so quickly to BE and lets see what we get???

Nope , thought I was pushing my luck with that one so thats me done for the morning sesion and a 50 pip nett gain so a good session and my 2 hours are up so will leave it at that for the day....

50 pips in 2hrs is excellent work Clive.

Thanks Jason but when those top trenders line up, they line up...made about 33% this morning, the secret is to recognise when they're not lining up, then leave it alone...

Made a couple of early mistakes trading into the news and not cutting my struggler when it was failing to make new highs but until the news it looked like it was going to go...newbies mistake trading into the news..cost me 20 pips there.

To be honest since I've started sticking to my rules things are working out nicely..

Getting closer everyday...

Well done, Clive.

First trade for me - BE:

Took a quick 9.5:

One of the rules I'm particularly paying attention to is the time of day rule.. Wait for LO to open up and then look for some strength somewhere, sometimes like today its after the news and sometimes its just before in anticipation(new word for front running there)

Trying to just trade first 2 hours but then like today with a lot of news dotted about the move didn't really start to after the news..

Guess its more about spotting the move of the session and getting as much as you can out of it and knowing when enough is enough...I'm really trying to wait until I get a clear move going on then just jump on board whenever it pauses for breath..I keep my 4 top trender charts open and as soon as I see something I like I'm on it...

Like to see the 5 min and 1 min HMA going the same way...Theres a certain look to a good chart and thats what I'm always looking for, like the GBP pairs earlier..I like to see the HMA's going the same way and separating or diverging.

Basically the way all my earlier charts I posted from today look..

Charts like this...

Then stuffed it up with a -10 (not to the rules) and BE:

Missed that one, while I was wasting my time on the GBPCAD

Just took a handful there...

This is what I look at the 4 top trenders until I see what I like...



All looking a bit over stretched now though...better to wait for some fresh money to come to the table from the good old US of A.....

Right I'm off to work before I give it all back trading the wrong time of day...