Hi Ghous, If you look at the 8hr chart, the trend is down and a pennant has formed(continuation pattern) I got in on the 15m RSI signal - I had been looking to short all morning. lol Stew

GBPJPY scalpers

Let it run — Ok, Good so far - set trailing stop 50 pips above price. lol Stew

GBPJPY scalpers

Hi all — Don't want to be a party pooper but I think this is going down - short at 198.40. lol Stew

GBPJPY scalpers

Hey Scotty — What indicators do you use - is it purely Gann mesh. Just curious how you come up with your predictions. Rgds Stew

GBPJPY scalpers

Hi all, Been following this thread and would like to add my tuppence. IMHO GBPJPY will go to around 160. Because..... UK economy is stuffed - support on monthly chart. Regards Stew

Breeze....Update on GBP/JPY

Update — Thanks for the reply Steve. Reading between the lines I think your trading is a lot more discretionary than I at first realised. Looks like you might have some more clients soon - lol - keep it up. Rgds Stew

Steviet's Live Trades!

Mid March update — Steve, Have you changed your tp or sl levels or increased risk. I am struggling with your profit figure for March. If you made $7538 from 31 trades and 1 loss.... @ $1 p pip that would be +$1550 and -$1000 or net +$550. To ...

Steviet's Live Trades!

usdgbp hs — Hi Guisepp, On the daily chart there is a h&s forming with the left shoulder at about 2.06. I think it will go to that level and then turn down. Does anyone else agree. Rgds Stew

james16 Chart Thread

Ok David, So what did you decide, or have you quit already??? Stew

I am going to give up this forex soon.

[quote=BabeFX;1893039]leighsww, Good to see you posting again. I take onboard the points you raised in you last post. I must add, that each time I reread this thread I learn something new. The part of the fti trading style that I find the hardest to ...

Technical Analysis Fallacy

Hi all, Don't want to distract anyone. But can I ask a, probably, dumb question. I've been following the thread for a while and I think I understand the strategy, although I think I need to start from the beginning again to fully grasp it. My ...

Steviet's Live Trades!

Keep trying — I think Davids going through the same pain I have. I've been 'trying' to trade for 7 years and got to the giving up stage at least 4 times, usually just after my account was wiped out, 'again!'. My search for the Holy Grail was ...

I am going to give up this forex soon.

There is a Holy Grail — Yes I believe that there is a holy grail and it is available to anyone with the discipline and patience to find it. Where most traders go wrong though is thinking that they can find it through someone elses system or ...

The Holy Grail - Found

Rescue — Eureka, Thanks everyone. I think I understand your thinking and I'm on the same wave length now. Its taken me a while but it was worth it. This dance thing is great. Steve

Technical Analysis Fallacy

Rescue — Hi all, Still trying to learn the dance but I do have a big problem with the scout rescue scenario. Wouldn't it be much better the sacrifice the scout, take the hit and re-enter on the next signal??. Sometimes we have to admit we got ...

Technical Analysis Fallacy

Hindsight is 20/20 vision — Hi all Has anyone been to Automans blog If you have you will notice that he only talks about the trades he has made not the ones he is going to make. I wonder why

How I Turned 1k To 100k In A Wk!!!

Hi Mysticgenie. I just found this thread - This is fantastic - I have been trading in my spare time now for 7 years with mixed results and have been thinking of trading full time but something at the back of my mind keeps stopping me because I find ...

How I Turned 1k To 100k In A Wk!!!

martingale — Hi Mick, Thanks very much for your explanation - I guess I still have a lot to learn. My main problem with Martingale and Rescue is that I now prefer to cut my losses and sacrifice the scout if PA moves against me re-buying if ...

Technical Analysis Fallacy

martingale — Fti, You haven't really explained the difference and I think that is because there is no difference. Martingale adds to losing positions until they turn, which is what your rescue MO does. And I know why I was wiped out but that ...

Technical Analysis Fallacy

martingale — Hi Fti, Thanks for your reply it was probably all of them, Cn you tell me where I can find your lessons so far??? Rgds Steve

Technical Analysis Fallacy