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clivepackham replied Jul 16, 2014I'm taking pictures of my top 4 trenders every 15 mins or so to try and capture exactly what happens throughout FO and LO. This is an interesting one becos of the weak NZD driven by a news release. Guess FO and LO want to join in the fun and carry ...
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014Getting some system signals here but don't like the fact we are overbought on all these pairs after overnight news, got caught like this yesterday so gonna hang fire. Got a feeling if LO is going to carry on with the overnight NZD move then it will ...
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014I like LO's like this with flat MAs it gives my TT indy a chance to catch the early movers. Like the look of GBPNZD but gonna wait for a B&R of that 1.9700 level.
Trading is as simple as ABCD
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clivepackham replied Jul 16, 2014Just some thoughts whilst we're waiting for some action. What can we expect at these market opens?? Will NZD weakness continue or will London see it as an opportunity to buy NZD at a discount or is it just whatever goes up has gotta come down??? ...
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014NZD weakness over night due to a poor news release so I wonder if LO will pick it up and run with it or not??? No need to guess just watch and see what happens then jump on board for a few pips. Well thats the plan. GBPNZD reacting nicely but a bit ...
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Here you go and a couple of indicators you might need to go with it. Theres 2 ATR indys one just puts the figures up top of screen whereas martins ATR Indy actually puts a couple of levels on your chart to warn you that youre approaching ADR.
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Gotta go to work for a couple of hours catch up later.
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Absolutely right Mr V. but I wasn't actually holding it up as a buy entry or reversal setup I just meant in answer to his question it was not a good continuation setup because it was more likely to go the other way than his way, thats all I meant. ...
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Don't worry my friend it wouldn't of done you much good as thats what I've been doing wrong too!!
Pres78 and Mr V. are the ones to listen too regarding the continuation trades I'm definitely looking at the reversal setups myself or early ...Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014sorry pundit78 bit late answering your post!! And unfortunately the answer is no this is not the right entry, but to be fair to you, I've only just posted about it in above post. Look at the move we've had the wave 3 and wave 5 you can see them very ...
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014First GBPCHF trade went up 6 pips then BE and had another go but lost 5 pips on that. Now here's what I'm learning from that and all the trading I'm doing here. Buying gbpchf after a good news release is a good fundamental reason to buy GBPCHF ...
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Do you mean first 15 mins of an hourly candle???If so then maybe we should have a 15 min grid on our charts??? Or an hrly one if its hrly you're referring to??
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Thought I'd have a go at a little post news trade picked the strongest/weakest combination eg GBPCHF at BE now so gonna see if it goes or not??? Got 2 chances I guess!!!
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Post news TT's usual suspects wait for a pullback????? Bit of an over reaction isn't it to a fairly small differential????
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Knew we should of bought that GBPAUD this morning!!!!!! I've often wandered if they have some pre-news leak and just slowly load it all morning????
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Pre news TTs lets see how it changes after the news???
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Good setup on EURUSD but too near the news for me
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Ha ha yea I know but I'm like a dog with a bone, I won't let go!!!!
I'm absolutely convinced our best trades will come from buying oversold markets and selling overbought ones. Yes they will turn into nice strong continuation trades but ...Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Looking back at my first post this morning although the EURAUD and GBPAUD have made progress and continued nicely but not too quickly and to me the real money hasn't started to hit the table yet so will wait for the news and see what develops after ...
Trading is as simple as ABCD
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clivepackham replied Jul 15, 2014Most important thing here for me is to remember what we're after, The Money!!! Simple as that we're following the money at market opens when most of the money comes to the table. We should only look for our continuations and reversal setups in those ...
Trading is as simple as ABCD