Wow you would wait for 210 CCI to go above 200??? I've always considered that to be oversold or bought levels and expecting an opposite move from those levels. My thoughts were that above +100 is a sign of a strong trend above 200 overbought/sold ...

Trading is as simple as ABCD

Hi Driven18 Welcome to my world. It would be interesting to hear your thoughts on this strategy? You're obviously an experienced trader, dare I say you have the sound of an exprofessional??? I will say in my defence that its really important to have ...

Trading is as simple as ABCD

hi Pres78 Thanks great response and your reasoning is making it all clearer to me as to why we don't sell these uptrend tops until its well and truly turned. Guess I have this knife catching personality and missing fingers to proof it too. ...

Trading is as simple as ABCD

Ho Ho they are definitely here aren't they??? We've woken a slumbering giant fast asleep from watching too many daily charts.

Trading is as simple as ABCD

I hear you but how about this is where the daily turns down for a couple of days??? You could short this now with a tight stop go to BE very very quickly and see what happens?? It could be a momentous short trade!!!

Trading is as simple as ABCD

Hmmm fancy shorting that GBPJPY??? Looks like the daily boys were awake after all.

Trading is as simple as ABCD

Hey pres78, look at that gbpjpy , surely its not going to slice through that daily level without taking a pause??? It can't do can it??? Well if it does then that is definately me done with higher timeframes , full stop. Waste of time if you ask me ...

Trading is as simple as ABCD

Just a quick reply about the 1% per pip risk thing. I see it this way, if you only trade a percentage of your outstanding balance and you have an edge then its almost irrelevant as to the % you risk. Also if we get 5 pip stops then I'm only risking ...

Trading is as simple as ABCD

Good points as for the entry its about as close as i could get as spread at mo nearly 2 pips and as i placed pending order it took off so just hit it and thats where it landed. Good point about the BRN but I find once a strong trender has had a go ...

Trading is as simple as ABCD

Just banked it for 8.4 pips another 8.4% in just 4 minutes can't be bad can it???

Trading is as simple as ABCD

What a beautiful signal just couldn't resist it, look at the shape of that CCI pullback, piece of art isn't it pres78???

Trading is as simple as ABCD

great trading as usual pres78, hopefully I will be catching up with you soon. Thats interesting about which TT to take as they look very similar when they set up don't they??? Yep I saw that deeper pullback but only after I'd gone after GBPJPY I ...

Trading is as simple as ABCD

Hmmm are you quite new to trading??? If so then just trade demo until you get use to it but it works on all timeframes. To answer your question I use it on 1 min and 5 min because I'm trading the 1 minute timeframe in the direction of the 15 min ...

Trading is as simple as ABCD

Massive daily level at 174.76 plus GBPJPY has nearly done its range so banked another 7% there for a 23% total day, not too bad I guess. But the problem is a couple of losers and its all gone so gonna have to work on my trade management skills but ...

Trading is as simple as ABCD

Took off half and moved stop up to cover it so one of pres78's paper BE trades nothing to lose now. Its also got room to retest 174.50 if it wants to.

Trading is as simple as ABCD

Went for gbpjpy but is it the wrong horse or just a slow starter???

Trading is as simple as ABCD

Ahh this is better a lot more believable.

Trading is as simple as ABCD

Nope I just don't like it and I'm not buying it, in fact I favour a move the other way, like I said earlier these anti daily trend news releases just present discount prices for the longer term traders. Probably wrong of course but I'm not taking ...

Trading is as simple as ABCD

The problem i have with this News Release is its good for the USD and USD is the 3rd weakess currency on my daily strongest/weakest indy so I'm in no hurry to follow this initial 1 min trend. I find when a news release is against the normal trend it ...

Trading is as simple as ABCD

Bit early yet but here's how its shaping up.

Trading is as simple as ABCD