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Second trade EUR/GBP range 0.8588 - 0.8496 Long 0.8597 @ £2 per pip Reverse order 0.8493 @ £4 per pip

-116 pips (-£232) Now Long 1.4038 @ £4 per pip Reverse order 1.3922 @ £8 per pip

I am brining in a filter. ADX Daily cross set to setting 50.

Placed a guaranteed reverse order in case of a gap up 5 pips above range.

Current results: -85 pips/-£127.5 @ £1.50 per pip +355 pips/+£1,065 @ £3 per pip -120 pips/-£120 @ £1 per pip +277 pips/+£554 @ £2 per pip -165 pips/-£165 @ £1 per pip -117 pips/-£234 @ £2 per pip -172 pips/-£688 @£4 per pip -132 pips/-£1,056 @...

Short 1.3922 @ £2 per pip Reverse order 1.4035 @ £4 per pip

Next trade would be Eur/Aud starting with £2 per pip 1.4035 - 1.3925 range

Covered 1.4554 +£974 (+487 pips)

Woopsie Street Journal reports that last Thursdays' sell off happened after Chuck Norris was seen entering HQ of a big trading house & demanding an explanation why his trading platform wouldn't let him short Lehman's shares. After not receiving a "reasonable" explanation Mr Norris kicked a...

Chuck says analysis is for gays.

Chucknical analysis rules!

Chuck Norris doesn't scale in or out, that's inferior behaviour.

till I get a daily high taken out, the scope is huge on downside though. I am considering another route when a high gets taken out, not decided on it just yet.

Short Gbp/Usd 1.5041 @ £2 per pip Reverse order 1.5171 @ £4 per pip Yesterday hi/lo range being used 1.5171-1.5066

You are right! Next trade will be in Gbp/Usd. UK elections take place today, trade most likely be initiated later tonight or near midnight. Because Gbp is on the edge of a cliff right now I will up the ante by raising initial bet to £2 a pip.

I am quite tempted to switch next trade to GBP/USD, break the rules ;)

That's bullshit. I don't believe that would be passed in the UK. If they do I am moving out of here, as that would be the first big attempt to strip us of basic rights of free speech, especially when they themselves made ISA available to all & also make it public information on their own web site!!!

TY! I know it sounds crazy to some here, probably most, but the last trade is what this method is all about. It's similar to going 'all in' in poker. This account is up almost 50% in 3 months. But I am working on perfecting it, key is to start 1st position near the time of range expansion...

Current results: -85 pips/-£127.5 @ £1.50 per pip +355 pips/+£1,065 @ £3 per pip -120 pips/-£120 @ £1 per pip +277 pips/+£554 @ £2 per pip -165 pips/-£165 @ £1 per pip -117 pips/-£234 @ £2 per pip -172 pips/-£688 @£4 per pip -132 pips/-£1,056 @...

Here's Johny!! +420 pips +£13,440 It was a terrible trade from a lot of angles and it came ever so close to wiping out account balance. I got a margin call when Eur breached 1.38 Lol. When price kept yoyoing within range I knew I had to stick with it somehow & all in seemed to be the only...