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- Landline replied Oct 22, 2015
Yes, that looks a fair shout to me mate
Forex | The World of Johnny Kobol 007
- Landline replied Oct 22, 2015
Btw K, I just has a quick look over your trend denom. It looks interesting, and I can actually see a resmblance to the system I've shown here, once some of the ckutter is removed that is lol. But I'll stick with mine anyway, thanks all the same ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 22, 2015
You have the Fib Zone Indicator already. Now all you have to do is to go to the 6 fib parameters and adjust them to suit the ranges that you are interested in using. Then adjust the corresponding colours to those ranges to suit what you want to see. ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 22, 2015
Just saw your post lol....prob not politically correct, but I had to chuckle all the same
Forex | The World of Johnny Kobol 007
- Landline replied Oct 22, 2015
Hi K Yes AN is an interesting pair right now. I've got my eye on it, and completely agree with your analysis. The underlying trend is indeed down, but I suspect we will be seeing a retracement back up this week maybe, and I'd rather climb back on ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 22, 2015
GU h1 chart tp2 hit 80 pips 3rd position stop now b/e Now golden cross developed, no thinking about it for me straight in with another add-on short position, of course the equity in my 3rd position gives me the freedom now to try with minmal risk. LL
Forex | The World of Johnny Kobol 007
- Landline replied Oct 22, 2015
Hi all Some may recall the attached PO I placed in anticipation a couple of days back. It triggered today and snapped down to tp 1 for 50 pips. Stops on remaining 2 positions adjusted now to minimise any immediate pull back, but will be a free ride ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 21, 2015
According to my charts, and bearing in mind what I was saying about taking on a counter trade against the main bias, then I would have reduced ny expectation level for that trade. In other words, h4 bias is up, and yes you got a perfectly good m30 ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 21, 2015
Hi K I'm not exactly sure what you are asking, but as you may know, the dominant pa direction is controlled by a higher t/f. So, with that in mind, it is obviously ideal to know what bias the higher t/f has. If there is a contradictory signal in a ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 21, 2015
Here's an NU h1 chart with another live trade I'm involved in, the pa shape was good and had the "snap" look about it, anyway the entry signal was sharp but good. Again, I've already taken the lions share off the table (95 pips), I've adjusted s/l ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 21, 2015
Hi all Here's another example AU short this time, where I've added on trades once I was in decent profit from the initial order using the basic method outlined to add. I knew from the h4 chart I wanted to go short from the start, and used m30 to ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 20, 2015
It has all the hallmarks of wanting to slowly grind up imo.
Forex | The World of Johnny Kobol 007
- Landline replied Oct 20, 2015
Yes....it just goes to prove that there is no one size fits all in trading, and the main thing is if it aint broken dont't fix it lol
Forex | The World of Johnny Kobol 007
- Landline replied Oct 20, 2015
Thanks for the heads up J I agree h4 could well head north for a bit, but the daily bias is still heavily south at present, so on that basis, I'll be keeping a lookout on the h4 to get back to the downtrend, could take a few days mind you.
Forex | The World of Johnny Kobol 007
- Landline replied Oct 20, 2015
Good stuff....thanks You have progressed really well in identifying the set ups, it is one of the easier styles of trading I think, and covers all the essential elements needed to create a strong signal in it's simplest format possible. Keep it ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 20, 2015
Btw K...if you see any good looking signals can you let me know please if possible...I don't spot everything myself with all the pairs and different t/fs. If not possible it's ok still, but more eyes are better that was all I was thinking.
Forex | The World of Johnny Kobol 007
- Landline replied Oct 20, 2015
No prob, taking profit never hurt anybody lol
Forex | The World of Johnny Kobol 007
- Landline replied Oct 20, 2015
It depends...in my case I took 60% and set s/l to be +20....that means I have a hard s/l now of 70 for the remaining 40%. I fancy the chances that it could run, so I'm not too fussed about trailing yet, but that does become a real option once I get ...
Forex | The World of Johnny Kobol 007
- Landline replied Oct 20, 2015
I don't fully understand you, but ok if there is no advantage to remain in the trade with a small portion, then you may as well bail out as you have described I think
Forex | The World of Johnny Kobol 007
- Landline replied Oct 20, 2015
OK..gain some confidence with this technique first and then dip your toe in small units of course to get a feel
Forex | The World of Johnny Kobol 007