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clivepackham replied Jun 12, 2013Hi Well I've made a few changes to my "No Fear Trading System" namely introduced Hieken Ashi Candles and targeted my strategy better so I know what I am hunting now. Let me explain more. You know I'm not really a scalper par say, more of a trend ...
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 12, 2013Hi mystic Yea you're right needs to be real money to help with the discipline thing but to be honest I haven't got ant spare cash right now. So I will just have to pretend its for real and feel the pain as if its real. Ok gonna use demo for a bit ...
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 8, 2013Thanks Barbossa That makes perfect sense and of course pullbacks against the trend usually are smaller candles so would have quite an effect as you described. Of course what that means to me is it would be better to have a bias for the day and ...
Take 1435 positions Every Day in GBPUSD
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clivepackham replied Jun 8, 2013Hi Saleh33 Can you tell me a bit more about your EA??? Could you run through the varibles quickly?? Also does it buy evry green candle and sell every red candle?? If so if I put it on a different timeframe eg hrly will it work on hrly candles or is ...
Take 1435 positions Every Day in GBPUSD
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clivepackham replied Jun 8, 2013I find this method fascinating and just thinking, what if you bought every say 15min or 5 min green candle and sold every red candle, no stops or take profits, as long as it moves one way or the other strongly you can't lose, then whenever you get ...
Take 1435 positions Every Day in GBPUSD
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clivepackham replied Jun 7, 2013Just had another thought why not do this on hourly candles instead but again have a bias for the pair so for my examples above of strong trending daily pairs just buy after every candle???? See Hourly chart below of GBPAUD, looks interesting doesn't ...
Take 1435 positions Every Day in GBPUSD
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clivepackham replied Jun 7, 2013Hi Saleh33 So if I understand this right on a 1minute chart, if a candle closes green buy, if a candle closes red sell. For every minute in the day? Right??? Place a stop with every trade?? At end of day 2359hrs close out all trades still open. Have ...
Take 1435 positions Every Day in GBPUSD
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clivepackham replied Jun 6, 2013Hi mystic Yep had a crap day today was doing fine to start with a couple of quick winners up about 24% then got bored, nothing was happening so for some mad reason entered 3 trades at the same time and all went against me!! Must be bloody mad!!! ...
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013Sorry first chart didn't upload for some reason here it is.
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013Right lets have a look at todays trades then: 7 trades in total 2 winners for 14.7% gain 2 losers for a -35.4% loss nett loss of 20.3% Hmmm not too clever that but it happens so not too worried and didn't wipe out account just lost 20.3% which is ...
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013Just to illustrate my last piont about the different ways to enter on ABCD moves just took another entry at exactly the same place but this time as a pullback to support at 1.6000 and this time it has entered and gone to BE within the same 1 minute ...
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013Just took an absolutely terrible entry and gave it all back but its well worth mentioning as its one of my biggest problems I have to deal with. That old fear of missing out!!! Gets me every time saw GBPAUD moving up very strongly so went for a ...
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013Looks like it might go without me but thats the way it goes sometimes.
but don't worry I reckon this is going to give us a sustained pullback sometime today and then we will have another go at it. Thats one benefit of trading 1 min charts the next ...Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013I'm sort of itching to get back into that EURAUD move but I just don't feel good about it as its moved quite a way already but if in dobt stay out!!!
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013EURAUD looking a bit oversold on 15min CCI so could expect a little abcd move back down here so will sit back and wait for it to come back to a nice support level, of course that doesn't mean it won't go without me but hey, thats trading!!
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013Took 13% out of that euraud move trying to just take the momentum runs today as a bit fed up with getting up 10 to 155 then watching it all dwindle away to BE so slightly more aggressive exit routine today. just closed it as it weakened at next 25 ...
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013EURAUD looking strong so bought it and at BE alao put a TP in at next 25 level 1.36500 so lets see how that goes???
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 5, 2013Ok another day starts so quick look to see what happened overnight as sometimes London will just pick up where Tokyo and Sydney left off so I look for continuation entries and sometimes London will reverse the overnight move. Of course theres ...
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 4, 2013Just to clarify what I am looking for in the morning is a strong trending pair like GBPJPY this morning racing up the page then wait for a nice ABCD move watch AB wait for BC then enter at C (nice CCI signal here) and close as close as possible to ...
Grow your account by 100% every week? Humbug!
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clivepackham replied Jun 4, 2013Late one today at work but quick review of todays London open. 9 trades in total 3 winners 5 break evens and 1 loser total growth today 29% so all in all a pretty good morning. Left 2 trades to run today trailing behind 100sma one on EURJPY and one ...
Grow your account by 100% every week? Humbug!