Nigel Southon
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Nigel SouthonParticipant
Well done Lewis, Looking at your above posts, the charts look great.
Are you now trading with real money?
Regards
Nigel
Nigel SouthonParticipantThanks John for your reply.
In this case, I have not ploted MOR or DOR as I was focusing on setting the stop losses, and trailing stops. This was mainly to save time, as I am behind schedule for this course so far.
What I learnt from this exercise, is that in my real life trading, I have been far too generous in the stop losses. I will apply this to my OMT trades, so that I don’t leave too many pips on the table.
Regards
Nigel
Nigel SouthonParticipantLooks very good. Well done
Nigel SouthonParticipantI made a right mess of submitting my work this time!
so re-submitting.
I listed the pulse and Pull backs for GBPUSD 5 and 15 minute charts, and each time I obtained a Pulse Move, I adjusted the stop to the resistance for the 15 Minute chart, and Support for the 5 minute chart. Each stage is colour coded.
Sorry for the confusion above.
Attachments:
You must be logged in to view attached files.Nigel SouthonParticipantSorry forgot to add the 5 minute chart – This time in correct format
Attachments:
You must be logged in to view attached files.Nigel SouthonParticipantHi Gillian, Well done for posting your work. I hope that this has helped you. I have also learnt something from Rich’s reply.
Many thanks
Nigel
Nigel SouthonParticipantGood attempt Gillan, And thanks for sharing this.
I maybe wrong, but it appears that the main trend line has been moved too early for the EURUSD hourly, it should be touching 1.1480 (as per your start of Trend line) to the candle 1.13435 instead of your 1.1220 candle.
All other charts look good, and well done with the counter trend lines.
It will be interesting to see Rich’s feedback, as I maybe completely wrong.
Nigel SouthonParticipantThanks John and Rich for your comments
Nigel SouthonParticipantWell Done Lewis
Nigel SouthonParticipantHi Gareth, I know what you mean that the day job gets in the way. Last week, I had to attend 3 late night meetings, and have relatives over this weekend. I am trying my best to avoid life getting in the way by watching the videos, and have more time to post stuff next week. Good luck. Nigel
Nigel SouthonParticipantThanks Martin,
Also good luck to you on the rest of the course, and the future trading.
Regards
Nigel
Nigel SouthonParticipantThanks Rich for your feedback,
If all of the other members are ok with this, is it possible to cover trend lines during the next webinar?
Many thanks
Nigel
Nigel SouthonParticipantHi Rich,
Attached are the daily charts for EURJPY, USDCAD, and GBPJPY.
To be honest, this is a topic I am struggling with at the moment. However, I need learn, so give it a go.
GBPJPY, is an interesting one. Hence the reason why I chose this. The high and low was created on the same day (8/5/15), and I drawn the trend line from the low of the trend to the low of the 8th May candle. I may have drawn this incorrect, but I feel it will be a good learning point for future situations like this.
Many thanks
Nigel
Attachments:
You must be logged in to view attached files.Nigel SouthonParticipantThanks Lewis for confirming that you experienced the same thing.
Nigel SouthonParticipantHi Rich,
I don’t know if other members experienced the same thing, but the Webinar crashed half way through.
Or is it my computer playing up?
Many thanks
Nigel
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