Richard Hill Forex Net Trap

[BigBrassBalls]

Looking like a weakish buy

 

[SA Trader]

Do we agree on a BUY at 14960 ?

 

[Gregus83]

Do we agree on a BUY at 14960 ?

According to the system, yup!

 

[BigBrassBalls]

yes same!

 

[piphead]

According to the system, yup!

Going long at .4962

 

[me1234]

Going long at .4962

I make it '61.

Wondering whether to reduce the limit as it would have to break through 15000?

 

[piphead]

i make it '61.

Wondering whether to reduce the limit as it would have to break through 15000?

i'm thinking the same

 

[SA Trader]

I agree, made my limit +38 today as I dont think it will break through 15000

 

[BigBrassBalls]

How come you guys arrived at 4962 and 4961? Are you using different charts or are you being cautious??

 

[piphead]

How come you guys arrived at 4962 and 4961? Are you using different charts or are you being cautious??

I'm using iii.co.uk

 

[me1234]

How come you guys arrived at 4962 and 4961? Are you using different charts or are you being cautious??

I rounded up... would say more on the private forum...

 

[langmeadman]

i'm thinking the same

It got to 1.5011 in intra day trading yesterday, so it could do it again... heres hoping

 

[me1234]

I rounded up... would say more on the private forum...

No, I've made a mistake, should be 60.

 

[wilczek]

No trade for me according to Mechanical rule base over at Systems For Traders which I now apply. Good luck those going in.

 

[tjw]

Morning all,

please forgive me for this question - its early ad brain not working!

How do you come to 14960, when you take the high point of the 6:15 candle and round it up to the nearest decimal place? Therefore shouldnt it be 14955?

Please be gentle
T

 

[peterf1966]

i think 60, and I have set limit for 50, but may bail or trail later

 

[sarnia cherie]

No, I've made a mistake, should be 60.

Morning all.

Well I overslept so went long at market value of 14955. I didn't have the courage to go the whole hog so limit of 40 for me cos of resistance.

 

[piphead]

Morning all.

Well I overslept so went long at market value of 14955. I didn't have the courage to go the whole hog so limit of 40 for me cos of resistance.

I'm gonna watch it like a hawk this morning and pull out if I think it runs out of steam at .5000

 

[everydaytrader]

I'm going for a buy @14960 but the first three candles show the MA falling very slightly,
should this make it a no trade by following the NT rules?

 

[tjw]

Coffee just kicked in - am awake now, and realise my mistake, and slapping myself on the wrist.

Good luck all.
T