Recent content by churchie

I was respondding to a shout out and am trading EOD so all my posts will be hindsight trading, please ignore anything I post regarding entry/exit if you are trading intraday.

With the Ftse closing on a day high and my entry covered I felt confident enough to stay in and see what Monday brings. Positive day in Asia so we'll see how the market opens here.

Went long on Friday from 4070 looking to make 100 points.

OOer not following another's methodology. I am using a combination of Day end data, using stochastics, volume and P+F to make decisions. Looking to stay in trades from 3-5 days, but happy to take profits when they come. This revealing response then leads me to my next question. I have been day...

Agreed, may tone my expectations to 4020s and get out. What's giving you the confidence to go short at 3920?

I am long looking for an exit at 4050, then will look to go short.

Good points, thanks for the input.

Thanks for the link, I have subscribed to these guys, some very good stuff on there, many thanks. Churchie

Are you still long? Hello , new to the thread, given the overnight move are you still long or looking to go short yet? What timeframes do you work to as I haven't seen much activity on this thread? Sorry if these are obvious questions but looking to learn to swing trade effectively and I...

Morning all! Can someone help me understand the current break-out? I can't see where the optimisim is coming from and I am bearish on the whole but got whipsawed by this recent move, All help gratefully received

Morning all! Went short at 4250 stop set at 4305 initially now moved down to cover entry. Looking at a target of 4200, am I being too ambitious?

Fair enough, the basis for my trade is that the pull-back is yet to complete, looking at trading the 3rd wave down, looking at the 1 hour chart stochastics suggest that we have not yet bottomed out, so we shall see... Thanks for the warning though, I am trying to curb my impulsive approach so...

morning! Pissed off I didn't get out of bed in time to catch the morning trade, looking to see if I can get on this next wave, went short at 4270 with a stop at 4340, are you in?

Excellent stuff Kitejedi, I am in a similar position to Bertie I think, been looking for a strategy that suits me which I think I am now close to and stopping myself from gambling, which is my weakness. After 3 big blow outs I think I may have learnt my lesson and I have my money management...

Hi Tennisball I took a short on the FTSE at 4220 but was surprised at the speed of the move given the widespread agreement on what the BoE was going to do. If ECB stick with doing nothing and then the negative data re jobless claims and factory data in the USA kicks in I think we may be in for...