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clivepackham replied Jul 24, 2014These four are all moving nicely and the temptation is to just jump on after a small pullback, and sure it might work too, But I've been caught so many times like that and had to sit through a painful pullback. Now I wait for a nice pullback away ...
Trading is as simple as ABCD
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clivepackham replied Jul 24, 2014These four are setting up nicely, but which one is best???? Look for the smoothest pullback to a key level then give it a go.
Trading is as simple as ABCD
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clivepackham replied Jul 24, 2014Nice move here on EURJPY good news release, been oversold for sometime so nice move up overdue. Wait for a decent smooth pullback to last LH would be cool then go from there.
Trading is as simple as ABCD
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clivepackham replied Jul 24, 2014Can't see anything I like here nothing setup "clean". Also all these NZD & AUD pairs are well past their sell by dates as already moved montrous amounts overnight. Its all looking very overbought or oversold on the 15 min CCI's so I'm suspicious of ...
Trading is as simple as ABCD
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clivepackham replied Jul 24, 2014Stopped out at BE there which is a shame but I had moved my stop back awaiting for a retest of 1.8050 and when it moved off I thought the retest was over but it came back and nipped me out. Oh well never mind there be another opportunity along in a ...
Trading is as simple as ABCD
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clivepackham replied Jul 24, 2014Got our man hopefully on wave 3 so going to hold a bit here see how we go??
Trading is as simple as ABCD
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clivepackham replied Jul 24, 2014GBPAUD has made a break for it so waiting for a significant pullback and lets see how it sets up??
Trading is as simple as ABCD
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clivepackham replied Jul 24, 2014Every morning I'm looking for either continuation trades eg London Breakout or reversals after a strong move. Last night there was an NZD news release about their cash rate increase so very weak NZD overnight. I look at my morning TTindy to see ...
Trading is as simple as ABCD
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clivepackham commented Jul 23, 2014I agree with you but It don't look that way in the charts my friend???
RBNZ raises OCR to 3.5 percent
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clivepackham commented Jul 23, 2014Isn't this good news for NZD ??? Isn't this attractive to longer term investors that their interest rates gone up??? Why is EURNZD and GBPNZD flying up the page instead of down????
RBNZ raises OCR to 3.5 percent
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clivepackham replied Jul 23, 2014Hi nogames2014 Had a closer look at your trades and I think theres a couple of reasons why your EURJPY and GBPUSD lost today. Firstly you aren't entering as I would using the 14 CCI and secondly for me your stops are too tight, both these trades ...
Trading is as simple as ABCD
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clivepackham replied Jul 23, 2014Had a loser there took an absolutely shite entry didn't wait for it to come back and retest key levels but to be honest used an trailing entry EA for entry which actually got me in too early didn't wait for green HA's to be taken out so will look ...
Trading is as simple as ABCD
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clivepackham replied Jul 23, 2014Here's a first class buy setup forming on EURAUD overnight reversal 15 min CCI has been oversold and a positive push up taking out old lower highs only trouble is its just b4 GBP news which can affect EUR pairs sometimes.
Trading is as simple as ABCD
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clivepackham replied Jul 22, 2014Hi Nogames2014 Thanks for the kind words its very much appreciated and I'm glad you are getting something from it, I am too for sure. I am having far more success recently with my demo account see report below for last 4 days trading. It is up about ...
Trading is as simple as ABCD
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clivepackham replied Jul 21, 2014Well thats the morning over with for me had 3 winners and 1 loser so I'm happy but one thing the loser was an almost perfect continuation trade but it blew me out for 10 pips however my winners were the reversal from that oversold position. That ...
Trading is as simple as ABCD
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clivepackham replied Jul 21, 2014System trade should of stuck with it, live and learn..
Trading is as simple as ABCD
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clivepackham replied Jul 21, 2014Justgrabbed a couple there as I didn't like it, don't really like these 5th wave trades plus there was 15 min support at 1.7081 not really a good setup but hey ho 2.5 pips is better than nothing!!
Trading is as simple as ABCD
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clivepackham replied Jul 21, 2014GBPUSD setting up for a sell??? Wave 5 at best??? If I take it will just grab whatever it gives me.
Trading is as simple as ABCD
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clivepackham replied Jul 21, 2014I'm starting to get a feel that these early moves are just setting up the LO real trades the other way??? I just feel that the markets falling into the bank traders arms building liquidity for their real aims to drive it the other way, thats why I'm ...
Trading is as simple as ABCD
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clivepackham replied Jul 21, 2014GBP weakness developing already missed 2 entries gbpusd and gbpaud but early days yet
Trading is as simple as ABCD