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the_wizard replied Jul 17, 2011Hi Traders, The webinar will be taking place tonight at 18:00 BST. I've chosen a handful of questions from the thread over the last few weeks and have also had a few requests via email for topics to discuss which include: where to draw levels, how ...
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the_wizard replied Jul 14, 2011Some great questions over the last few days. I've not disappeared. I was ill for a few days and now I'm back to my desk and it's all eyes (hands on deck) to try and make a comeback after the gap failed this week which is the only thing I have done ...
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the_wizard replied Jul 8, 2011I tend to update my W1 and D1 levels once each week but I never rub all my lines off. I just go through the chart and update them, looking at the price action of the last week - seeing how it has reacted to the levels I have on the chart and whether ...
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the_wizard replied Jul 8, 2011Hi Gt3rs, I feel that the level has been washed way too much for me.
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the_wizard replied Jul 8, 2011Fantastic setup but the greater zone of support and therefore the area to think about selling was down at 0.9670 in my opinion.
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the_wizard replied Jul 6, 2011Hello and welcome aboard. I've got you down for the webinar now. Beautiful charts. Love the RBS retest!
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the_wizard replied Jul 1, 2011I got stopped out on my short in Barclays. I wanted to post this as it is an incredible level (first chart shows the weekly). The second chart shows how I sold the rounded retest on the D1 time frame. In my opinion an excellent trade that was a ...
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the_wizard replied Jul 1, 2011Excellent trade. I got in slightly lower down but am still in now...
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the_wizard replied Jul 1, 2011Pat, This is what it is about!! That is an excellent observation and if you implement it effectively it's going to increase your R and therefore, increase your edge. You just made my day! Excellent charts by the way.
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the_wizard replied Jun 30, 2011I was offering 1513. That missed bm by 1 tick. I moved it to 1515 after the consolidation just below. That missed me by 9 ticks. LOL One of those days today! And it's my birthday :-(
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the_wizard replied Jun 29, 2011LOL, I'm short from the rounded retest of 252 on the D1!
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the_wizard replied Jun 28, 2011This has worked great. Part of the reason I didn't like the short side, simplebeans.
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the_wizard replied Jun 24, 2011It's not that I despise moving to breakeven. I just consider it a waste of time and money. I originally thought, like most, that breakeven was a great way to protect my downside - the "risk free" trade. My experience with it was that all it did was ...
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the_wizard replied Jun 24, 2011Another great way to trade pins is to get out on the first sharp move in your favour into an FTA and then get back in again when it returns to your original entry. That will mean that you are getting in just as those that moved to breakeven are ...
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