Recent content by BlackMonday

Evening to you. Having tried to teach myself how to trade, I have decided to get someone to try and teach me ! I am taking a course (a free one) with TWP in an attempt to learn some discipline and see how real traders to it. My problem is I have no real method, and I am hoping by doing this...

The trade finishes the week in profit, but not exactly what we hoped. I'll stick with it, but guess what, not every trade wins. Looking for an opportunity to short £/$ early next week if anyones interested Have a good weekend

Our high seems to be holding, but so far we've failed to gain an real traction to the dowside. European indices are a bit softer this morning, so there is time yet.

Mmmmmm, a decent rally in the last couple of hours means its not looking as rosy as it was. Hey, worst case I break even so we are staying short.

Not much to add really. We are breaking down nicely at the moment, well in profit, but happy to remain short as I still think there is more to come. Is the up trend over ? A big part of me doesn't really care to be honest........... I try to make money in the markets, i have no crystal ball, i...

The s and p has opened down, flirting with yesterdays low. 1194 looks in to me as a short term high. Question is how low do we go.? I'm targetting 1160 in the first instance. Perfectly possible i'm totally wrong, but while 1194 holds we have a chance

I do take your point, trying to catch highs and lows is difficult. However, for me i like the idea of a tight stop and letting the thing run if you are right. Also i'm necassarily calling for a major top, just an opportunity to catch a decent trade. I'd been waiting for a few days for the s and...

US is trying to rally. The nice thing about risk free trades is we don't have to panic! For what its worth i'm still happy to be short

That's me moved my stop to breakeven. As always will monitoring things, but can see no real reason why we won't see 1160 or 1140. Hey, we can now lose nothing. The one thing I can be certain of is that i executed the trade properly. Hopefully posting here will make me think a bit more.

European indices are softer this morning, which is good news. In terms of profit, we are sitting just over one to one, for what we risked. In itself a decent trade, but happy to sit in this one for the time being. The sucess rate of this strategy tends to dictate that risk reward of one to one...

That could be a reserval bar formed on the daily. Anyone not in yet might want to take a look at this set up. Me, I'm in already, nice and early and we'll see what happens. Try to get in at highs and lows is a pretty quick way to blow your account, but this looked a decent set up to me and if...

Very early days, but my stop is just above the high made eariler and we are in profit. If i'm right this could be a half decent move. The stop is tight, so if we keep falling a move to breakeven may happen later on

Guys, That's me got a short signal. A speculative short, with a tightish stop. Risky trade for me, but big reward potential. Lets see what happens

Will post a spreadsheet of hourly signals over the weekend that the system has given this week.

Hi guys. Long weekend, so we are nice and refreshed. Will keep you updated as to how we are getting on