Recent content by Second income trader

AUDUSD for me....

I'm interested in people's views on this observation relating to Price Action. As someone who follows PA closely it's became more apparent to me that a lot of price action is following market sentiment rather than support resistance etc. So for example I'll often be following a particular...

Is the Divergence as obvious as it seems? My question whenever I see such strategies is to query the price variance. In the figure 1 example a nice down sloping line is shown to contrast with the up sloping line on the CCI. But isn't the CCI calculated based on the closing price? Therefore...

My Hans123 variant of Big Ben did well yesterday, 5:00 - 9:00 range on FTSE was 5626/5573 = 53 pips. Trade triggered at 11:00 bar at 5630 (nice break of swing high entry) with 30 pip SL. Profit taken at +30 pips with first lot, still in trade with second lot with SL at entry of 5630. Monday and...

Interesting thread, I stumbled over it whilst googling "FTSE 100 ATR" lol. I've also been looking at applying a Cable strategy to the FTSE, as I believe the FTSE is a bit better behaved than Cable when it comes to S/R levels etc. The strategy I'm looking at is the Hans123 from a few years...

Yes doing good thanks, I can't make Fri 4 Dec, already out, is that a definite date? I'd be up for a meet any other time. Cheers mate. Quote: Originally Posted by Second income trader View Post Where's your stop on this London Lad ;-) Hey SIT. Stop is at 5255. 35 points risk with a target of...

Where's your stop on this London Lad ;-)

Re. Mac I use a Mac with igindex, no probs. If you do hve any issues they may be related to versions of java rather than the Mac OS X (which Mac OS are you on by the way?).

Entry for AUDUSD Hi Greg, Would be interested in how you would play a possible long on the AUDUSD, which has been trending nicely on the daily and is now at the bottom of the channel. Looking at the hourly chart seems to be showing a bullish engulfing bar off of a minor support level, what do...

Hi Rob, great thread. Can I ask, how long have you been trading this approach and have you any idea what kind of results you're achieving in terms of risk/reward ratio? Also what are your favourite instruments and timeframes? Many thanks.

Hi Folks, Just wanted to say thanks for a great evening, really enjoyed meeting you all :) Thanks to London Lad for arranging, sorry to Pipnator for not seeing him before I left and a big raspberry to Zack for having the temerity to doubt my ability with the 5m charts! Looking forward to...

I'm fine with Canary Wharf, will PM my details. I'm not a regular poster on here, but have been trading for 5 years. I've recently taken redundancy and am hoping to trade for a living come mid-October, so looking forward to meeting up with other full time traders! All the best, Paul.

I thought it a very good article. As someone who has recently moved from Swing Trading to Day Trading (in preparation for my imminent redundancy!) it validated many of my beliefs on the differences and merits of the two approaches. My only suggestion for the article would be if he could have...

I thought it a very good article. As someone who has recently moved from Swing Trading to Day Trading (in preparation for my imminent redundancy!) it validated many of my beliefs on the differences and merits of the two approaches. My only suggestion for the article would be if he could have...

Daily Pin on GBPUSD off of the 38.2 on the Weekly from 18 Jul 08?