Recent content by Nigel P

I got a textbook 2:1 risk reward on EUR/JPY this morning. Boom.

Hi Tony No, didnt get that one. I see it is retracing back up a bit now. Hopefully it turns back down for you. I am watching EUR USD intently this morning. I think I will be in for a short around the 1.3889 mark if it falls that far. Nigel P

I didn't say anything about variations. I just said I was annoyed at ny dollar yen trade stopping out! Nigel P

So my yen dollar trade stopped out. Had moved my stop to 89.55 above the negative trend line hoping this might act as resistance. I suppose I will be told not to trade when news is out. Fact of the matter is that whether trading before news or staying clear I can't seem to get a profitable trade...

EUR GBP was nice this morning. Think that was the move I was looking for yesterday afternoon. Needless to say I wasnt on it :mad: Can't take every trade! Nigel P

Hi Everyone Just triggered a short on USD JPY using 3 ducks. Thought the 4 hour is showing a clear down trend; appeared to be indecision on the 1 hr (hoping for it to turn down) and price crossed the 5 min sma and broke previous low. I am going to target the 89.13 level. USD news out at...

Sorry, yes 8700. I have to rush because my work doesnt let up. Sometimes I think if I had more time to think about my trading it would improve dramatically! Yes I was wary of the 8700. Bailed out at break even. Was worth a go though. Will have to leave looking at cable, etc till later when I...

Hi Neil Thought the move up this morning was contrary to the 4 hour trend and thought if the 3 ducks lined up it might be a good oppotunity to short the pair back into the resumption of the prior trend. The 4 hour showed a bounce back after a large move up; the 1 hour challenged the 1hr sma...

Hello Everyone I am about to take a short on the EUR GBP using the 3 Ducks system. Nigel P

Morning The pairs I am looking at for 3 ducks trades this morning are Long - GBP / USD; Short - EUR / GBP and AUD / JPY If things shape up nicely I would enter in any of the above. There is € and £ news out this morning so I will be monitoring as close as I can. Very busy today at work...

Hi Da DesiTrader Firstly I would again reiterate that I am very inexperienced with forex trading generally so dont accept what I say at face value. It's gonna be predominantly regurgitated stuff from this forum and elsewhere on the web! But I do like to think I will eventually get to grips with...

Good afternoon. Very little movement all round today, a good example being my EUR / USD attempt. My entry point (break of low at 1.4364) wasn't reached so no trade. This pair has been confined to a 30 pip approx range all day. The level I have been watching on the USD / JPY wasn't broken...

Still watching the 90.5 - 90.7 mark on the USD /JPY too. If I am annoying regular posters on this thread with my regular contributions (perhaps too regular) let me know and I will calm down a bit.

I see US is on holiday today... will watch carefully.

Morning Gotta be quick here (work); am short EUR / USD as per attached. I see the GBP / USD is doing well this morning. EUR / USD seems to have got in a rut. Thought I saw some indecision on the short up trend underneath the sma on the 4hr, thinking the down trend may resume. Will review...