I would question whether this is a good pin bar as defined by TD as
a) the price does not swing into it
b) the body of the bar is not inside the previous bar
However, would have been pleased to get in on the overall move!!:clap:
Maybe TD could give us his wisdom on this
CT
Good article
I have always found the problem with paper trading is the psychological - "why bother when I could be trading for £ and making money" - although in the real world it is often the other way around and a fantastic way to learn good set-ups, and not lose money!
Although taking a...
From reading this it looks as though most of their portfolio is in one assett class which has not performed, and they are trying to make excuses. I think they are only stating what most people believe that things are tough.
In UK I heard a statement yesterday that consumer credit is currently...
I agree, however good the daily pin bar, the weekly chart paints a completely different picture. The BOE decision may also have an effect into which way the price moves.
T_D what is your take on the daily Vs weekly?:confused:
Unfortunately chart studying seems infinitely more interesting than...
HI T_D
Would you be more inclined to take weak pin bar setups if they with the long term trend, or would you use the same set up for trading both with the trend and retracements
Rgds
CT
PS: attached is a rough summary of bits in this thread (and from other threads) that I have found very useful.
Cheers.
Thanks to rags2riches for the summary of the thread which has made it a lot easier to follow
CT
The irony of the banner at the top of this thread also amuses
SG Covered warrants "Strictly limited downside":lol:
Pity SG don't introduce their own staff to this product
CT
I would have thought that although having the pressure of dealing with more transactions, most of the SB's have come out of the recent turmoil rather well
CT