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clivepackham replied Jul 21, 2014Can expect a quiet day as no major news releases all day today, so will watch the TT's for one currency or the other to dominate. Theres 2 distinct setups I'm looking for. Our "System trade" looking for continuation trades and for me "The reversal ...
Trading is as simple as ABCD
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clivepackham replied Jul 20, 2014Not yet Mr V. as we are getting in too late and selling oversold markets and buying overbought markets , that's a strategy wrought with risk which will probably go wrong far more often than it will go right as 70% of the time an overbought or ...
Trading is as simple as ABCD
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clivepackham replied Jul 17, 2014Yep good idea and are you finding its getting you to the charts in time to evaluate whether theres a trade setup or not? Basically like this mornings GBP trades it was the initial breakdownwards that I would want the TT indy to bring it to the top ...
Trading is as simple as ABCD
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clivepackham replied Jul 17, 2014Good morning Mr V. Yep I agree. Is that a 50 lWMA you're using as it shows the swing down quite clearly maybe we should change the 1 min TT to 50lwma instead of 100lwma. Will make it more sensitive to these quick moves, breaks of ranges etc?? Will ...
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014Hi Pres78I wondered where you'd been. Thought I might of upset you???Would be good if you shared your new ideas when you feel the times right. Would also be cool if you hung around here rather than started a new thread, but thats your call obviously ...
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014GBP looking weak across the board after news release pending order on GBPUSD
Trading is as simple as ABCD
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clivepackham replied Jul 16, 20141 min TT's a bit messed up at mo thanks to the GBP news but no problem I'll just take a look at the 5 min TTs as these are pairs that were moving before news so there might be something going on. Might be a continuation with the 5 min trend or could ...
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014Getting close to news time now so time for a cuppa and a quick recap of FO/LO so far. Feel like I'm getting to grips with the whole strategy a lot better. Need to keep myself focused on the goal, that is to catch the biggest mover in the morning by ...
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014Yep and its had a failed drive now so will wait for it to come back to the MA's a bit before going for anymore. Had a quick go as it retested 1.4500 but stopped out for BE. Bit disappointing to only get 9 pips out of a 45 pip move isn't ...
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014It might well go again here but even if it does I believe it will come back for a retest of the 1.4500 level because a sensible pullback is now well overdue so will wait for it to pullback and reduce that oversold condition. Not like me to be ...
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014There's only one thing bugs me about this EURAUD now and thats that 15 min CCI oversold by -300????
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014If it stays top of TTs will have another go here?? Don't miss this one Mr V.!!!
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014Grabbed a quick 8.5 pips at 1.4500 level will get back on if it pulls back again
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014EURAUD setting up nice and cleanly???
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014These guys are showing good potential
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014GBPUSD nope invalidated ABCD move plus dropped below +100 level , just gotta be patient and wait for the clear winner to appear.
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014No clear winners yet as the TTs are only ranking a score of 9 so no strong trender. One interesting thing GBPNZD is top of 5 min TT green and appearing in 1 min as red might be an early sign of GBP weakness to come??? Always worth keeping an eye out ...
Trading is as simple as ABCD