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Old 12-18-2008, 10:21 AM
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Honest Bill Honest Bill is offline
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KHT's - The Continuation!!

Quote:
Originally Posted by PaulKing View Post
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
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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Last edited by Honest Bill; 12-18-2008 at 10:23 AM.
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