Recent content by CTGCollins

Discontinuation of "Potential setups 1" I have my doubts that us small time traders are any bother to the big fish. However, I can see how they would use the information that we post (especially where our stops are!!). I didn't think the bigger traders would bother stop hunting small fry...

Eur usd h&s Hi Megamuel, I'm in short from near the top of right shoulder of the mini H&S on the right shoulder of the big H&S. Entered at 1.3996 with 2 lots. Current stop still at breakeven because I don't want to spoil the probable bigger move down through approx 500 pips which the big H&S...

EUR USD Short OK, no great rhyme or reason to it except that to me it seems better to be out for 2 pounds than zero pounds after sweating over this trade for hours and hours. Now, if I want to catch that 530 pip move from the right shoulder down, what is the best way to trail my stop? Should...

EUR USD Short Hi Tom & Fellow Traders, I am in again short EUR USD @ 1.3996 with 2 units. So far about 25 pips in profit and have my current stop at 1 pip better than breakeven. I am going to try to be patient again this time because I am eyeing off the potential 530 pip southward move from...

EUR USD Short Thanks Tom, I have taken an executive decision to close this EURUSD Short on the basis of some strong rejection of 1.3950 on the 30 minute chart. It is looking a better and better long trade on the hourly and 30min chart now. Oh well, you lose some, you lose some more!!! I...

EUR USD Short Thanks Tom, do you think 1.3646 is a sensible final target for the completion of the daily H&S? I agree there may be an intervening retrace to 1.4050. Regards, Chris

EURUSD short Yes, I like a short haircut too, not that I'm lazy about combing my hair or anything... I am still in this trade with 2 lots, trying like hell to be patient coz this is potentially a BIG winner if the daily H&S pressure starts exerting itself. The Daily H&S is about 530 pips...

EUR USD Short 5 Minute graph not looking very promising at present. I think if it breaks above 1.4041 soon we are going to see a bigger move upwards. If I were in your scalp, I would move my stop to 1.4045 or thereabouts. I might close down one of my own units at that point also. Addendum...

EURUSD short Thanks Minch, are you short EURUSD too? Looks like it is having a hiccup at 1.4019. I am about 50 pips in profit now and am tempted to move my stop to breakeven at 1.4101, though on the longer timeframes this could retrace past my entry before heading down again. Unfortunately...

EURUSD Short Hi Tom and fellow traders, had a s@#t of a day so far. Three attempts trying to pick the right place to short EUR USD have drained my account somewhat. I still believe the big daily H&S pattern should take precedence over the shorter timeframe ripples, so for better or worse, I...

EURUSD Short Hi Tom, my short failed... Had to go to bed and put my stop as close as was reasonable to my opening price and then should have taken off 1-2 units at bedtime, then got stopped out overnight at UKP30 loss instead... My wife keeps telling me "don't be afraid to take a profit", and...

EUR USD short Agree, looking for a good short entry. I have just gone short 3 lots at 1.4029 on the 30 minute pin and stop is at 1.4065 above the top of the last swing high. Where would you put your stop? Regards Chris Addendum 1: SR difficulties on the way down are 1.4000, 1.39820, and...

CORNY trading... Hi Tom and others on the CORN long. I have to say that on the corn ETC it formed a big tall bearish pin yesterday, so this long is looking more unattractive by the minute. I have moved my stop to just under the low of that pin today, expecting it to do a significant...

CORN trading Hi Tom, I bought the Corn ETC because corn is not listed in the commodities section on my IG Index SB acct. Under "Soft Commodities" it has cocoa, coffee, livestock, other, sugar and wheat, but no corn. I have just had a look at US Corn in my GFT SB acct. The price action looks...

Long corn for CORNY traders Went Long on the corn ETF today with my IG Index SB acct with real money, but only a small position (£2/p) 'coz I still have my "L" plates. Where have the CORNY traders got their stops? I have mine at 170.0 for the Corn ETC. Wondering if this is too close...