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clivepackham replied Aug 9, 2011WOW! This wedge is tight!!! — With a wedge this tight we gotta make some money surely? If we can just get the direction right? I want it down for sure, but the market doesn't care two hoots what I want! I might take the break now or if I miss ...
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clivepackham replied Aug 9, 2011Patience patience paience — Don't rush into this breakl either as price has been a bit up and down just sit tight and wait for the proper break and inevitable retest of support as resistance (bottom of wedge hopefully) I've got ot dash out and ...
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clivepackham replied Aug 9, 2011Don't be fooled by this break! — Don't be fooled by this break upwards, I wouldn't go near it with a barge pole!!! Wait to see if it comes back and gets support off wedge first then maybe enter if you are so inclined but I'm for selling this ...
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clivepackham replied Aug 9, 2011Wait for breakout trade first pull back! — Having tried to get in 3 times now and been stopped out 3 times, I think it is time for a change of tact. Wait for breakout and trade the first pullback, especially if its downwards!

Wait for ...Simple Setups To Trade
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clivepackham replied Aug 9, 2011TIGHT WEDGE!!!! — THis wedge is getting tight its got to go somewhere? But where??????


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clivepackham replied Aug 9, 2011Stopped out break even! — Stopped out break even! Too many Indians and no sight of that bloody calvary!! They always are late to a good fight!!!

Simple Setups To Trade
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clivepackham replied Aug 9, 2011Where's the Calvary??? — Need this to break out of the bottom of the wedge? Where's the Calvary?????

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clivepackham replied Aug 9, 2011In and at break even! Whew!!! — I'm in! Stop at break even! Lets see what happens this time?????


Simple Setups To Trade
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clivepackham replied Aug 9, 2011Is it going up or down? — Well stoschastic and CCI are up where I wanted them if they turn down now could be a good entry but if you do go for it move stops to break even very quickly within 5 pips or so!
Simple Setups To Trade
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clivepackham replied Aug 9, 2011Price Action is a bit slow don't get pulled in too early! — Careful here this is setting up well but price action a bit slow so be wary of false breakout I would like to see my CCI and stoch come up a bit first. This probably won't happen ...
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clivepackham replied Aug 9, 2011Wedge setting up on eurchf — Here's a wedge setting up on EURCHF of course it might break out the top but I'm not interested in that so won't enter that way, be careful if you see that happen as 9 times out of 10 it will come straight back and ...
Simple Setups To Trade
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clivepackham replied Aug 9, 2011Thanks Michael — Thanks Michael its nice to get some feedback, thanks
Looking forward to seeing your charts from your profile I assume you are a price action man like myself? The only reason I trade the 1 min is that when there is a strong ...Simple Setups To Trade
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clivepackham replied Aug 9, 2011Oh well back to the drawing board — Oh well that didn't work out, London fake out then a drive in the other direction! Sorry, back to the drawing board!
Simple Setups To Trade
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clivepackham replied Aug 9, 2011Could go either way here! — Could go either way here! Fingers crossed its our way? Heads or tails?

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clivepackham replied Aug 9, 2011Sorry retest of resistance not support!!! — Sorry retest of resistance not support!!!

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clivepackham replied Aug 9, 2011Retest of support anyone want in? — Retest of that 1.4250 line going on so its an opportunity to get in if you like the look of it? But wait for stoch and CCI to turn down and a trendline break. Because it might just keep going up from here?
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clivepackham replied Aug 9, 2011Stop to break even — went 10 pips up so moved stop to break even just in case this is a typical London fake out, but looks pretty good now. Won't be making same mistake as yesterday, stop will stay where it is at break even. Did you notice all ...
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clivepackham replied Aug 9, 2011This looks like a good set up — Look at this think the big boys are loading up at 1.4250 for big push down? I'm already in on trendline break. Lets see what happens?
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clivepackham replied Aug 8, 2011Unlucky Stricky — Unlucky stricky like me you were close to getting right gone down another 80 pips from your entry since!! Typical! Thanks for posting hope it catches on a bit more as this could be a nice little thread for hopefully some good ...
Simple Setups To Trade
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clivepackham replied Aug 8, 2011So much for gut feeling!!! — Well so much for gut feeling! There's a lesson to be learnt there! No matter what your gut feeling is the market will do its own thing! So ignore your feelings and watch the charts. Simple as that! Don't worry ...
Simple Setups To Trade