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KHT's - The Continuation!!
Quote:
Originally Posted by PaulKing
Bloom
Many thanks for the warm welcome to the club.
I took your advice, followed PIMPs eurchf down yesterday (from the YouTube post). I entered three times, as suggested. My results were +197, +176, +125 (all at 50p mind, which is my stake size now for everything, until my trading account can afford to lose higher value stakes)
So thats me dusted!
I also took yetserdays pm (live room) audjpy, which was stopped out for a loss and this am (YouTube) I took another loss on chfjpy. However in the live room this am I took usdjpy for a quick +80, without really looking (I didn't expect it to have moved so quickly, when I went to check it it was closed!)
So, some up some down, but at small stakes I can afford to carry on learning. I find I don't really learn anuthing with my demo account!"
keep up the good work
happy & sucsessful trades to all
Paul
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Okay. Question here. What way would you trade gold at the red vertical line in these 15m and 1hr charts?
Long, of course. Right?
chart.gif
chart1.gif
WRONG. I went short on the break of the 1hr20ma. Never got past my spread and a very quick -30 pips. Now -150 from my entry.
Oh, forgot to mention it was a perfect KHT strategy trade. STUPID
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Honest Bill
Last edited by Honest Bill; 12-18-2008 at 10:23 AM.
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