Richard Hill Forex Net Trap

[BigBrassBalls]

Two consecutive candles going down, then two flat, then four going up! Hmmm, appears to be a good buy, but i doubt it'll trigger..

 

[BigBrassBalls]

I'm not in today, rather play safe!

 

[geoff39]

There's 3 candles with a MA moving down. That's a no trade

 

[me1234]

There's 3 candles with a MA moving down. That's a no trade

Depends how you round the 5.00 candle.

 

[geoff39]

Yeah my platform only gives 4 decimal places so I am not doing any rounding. Actually there are only 2 consecutive candles with MA moving down, then a pause for one candle and then another down candle. So technically it is no more than 2 "consecutive" candles with MA going down

 

[mark120169]

Yeah my platform only gives 4 decimal places so I am not doing any rounding. Actually there are only 2 consecutive candles with MA moving down, then a pause for one candle and then another down candle. So technically it is no more than 2 "consecutive" candles with MA going down

Agreed, I call it as just over 2 pip rise, weak buy, and no more than 2 candles dropping so in my mind technically it's a buy, i'm in @ 14466 and it's just triggered......gulp :-0

M

p.s. getting into this now, made £100 on shorting the euro the last 18 hours!

 

[geoff39]

Agreed, I'm on too

 

[mark120169]

I'm not in today, rather play safe!

lol..........better get a new forum name to littlebrassballs

M

 

[me1234]

Just closed for +30 'cos I'm sitting here watching it which isn't healthy...

 

[purepest]

Just closed for +30 'cos I'm sitting here watching it which isn't healthy...

I have just done the same.... I am DEFINITELY not a day trader. Don't have the stomach :cheesy:

 

[mark120169]

I have just done the same.... I am DEFINITELY not a day trader. Don't have the stomach :cheesy:

WTF ? You two on £10 pip or something?.......you can only lose 30 pips!

M

 

[purepest]

WTF ? You two on £10 pip or something?.......you can only lose 30 pips!

M

That would be nice..... no....

I am down for the month on this system because of a missed trade due to me having an EMA and being caught out by the IG limited account so there's 100 pips right there so I am still nervous because while the system is up for the month I am down by a fair bit.

 

[mark120169]

That would be nice..... no....

I am down for the month on this system because of a missed trade due to me having an EMA and being caught out by the IG limited account so there's 100 pips right there so I am still nervous because while the system is up for the month I am down by a fair bit.

Order has dissapeared..........+50 pips must have tripped ? :clap:

M

 

[mark120169]

Order has dissapeared..........+50 pips must have tripped ? :clap:

M

I'm 1/2 asleep today, I mistyped and set a limit for 40 not 50 so it stopped out @ 14506. Hey ho...reckon it will hit +50 too.

M

 

[me1234]

WTF ? You two on £10 pip or something?.......you can only lose 30 pips!

M

went up to £5 last week (bad timing...)

 

[SA Trader]

So much for those that said there was NO trade this morning - +50 pips !!!

 

[me1234]

So much for those that said there was NO trade this morning - +50 pips !!!

yep, if I hadn't been so uncertain about the trade I would have left it alone and let it ride, but still made a profit

 

[purepest]

yep, if I hadn't been so uncertain about the trade I would have left it alone and let it ride, but still made a profit

Thats why I dropped out... I seem to be too easily influenced by reading the forum. May stay away from it until after the trades are done.

 

[Rugby Trader]

Depends how you round the 5.00 candle.

there is only one way of rounding
0-4 you round down, 5-9 you round up.

i don't think this was a trade at all. there wasn't a clear signal by any stretch.
will be interesting to see what Richard says next week.

well done to those who got 50pips though.

 

[mark120169]

So much for those that said there was NO trade this morning - +50 pips !!!

I only got +40 as i had sleepy mouse click synrome and set limit to 40 instead of 50. live and learn. still well happy i made the right call.

MTD +57.8 (9 Days)

M