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TE, I just reread your post and I originally misread it, so sorry if my response was a bit sharp.

Ha ha, yeah cheers Mysteron...:p

No TE, I don't think I'll bother, and that type of attitude is really not called for. You have you're trading method, fine and I hope it works well for you, just because someone takes a different approach there's no need to jeer and take the piss, it's not a good look. MOST of the time my...

Yes I always pick two targets, I come out in three stages, 1st is to cover risk, 2nd is to lock in some profit, I always try and let a quarter or a third of the position ride and manually trail the stop to new swing highs/lows. Well that's the theory anyway. In answer to your questions: 1...

TE, I'm doing OK with predicting PROBABLE levels, my main problem is on exiting, coming out too early, it's a discipline/psychology thing, any advice?

I'd agree with that, open a SMALL account and risk very little on each trade, that way you can put the theory that you read in the textbooks into practice. Find out what actually works in the heat of battle, what doesn't and what suits you best. Once you've worked out a suitable method, be...

Yeah you're right or possibly GBPUSD (positive correlation with EURUSD) early afternoon Friday (GMT), if it is I actually bought that spike down just before the last box and sold it into the top, which also happened to be the Weekly R1 level, tidy little 45 pip trade.

hmm, interesting looking chart TE, I can see expansion outside of trend channels and then movements back inside. Something to do with reversion back to the mean perhaps? Just watching The Last Samurai on TV, great film, will have a proper look at it tomorrow.

Update on IG quotes accuracy. I took a small short last night on Cable around 6pm GMT just as volatility went totally flat. I covered half, then got taken out by just one basis point. This got me a tad paranoid so I did some checking on independent charts today and it transpires that IG's...

Ha ha, nice one Prof.

For those that don't understand simple plain English and interpret it as gibberish and clichés, I found this example after about 2 minutes of looking on yesterday afternoon's AUDUSD. Long from X (stop just below entry bar) Sell 50% at Y (eliminating risk) Sell remaining 50% on...

Just as an afterthought, how exactly does that translate as polite and generous?!? I think it's you who needs to cogitate about the way in which you interact with and address people, n'est pas?

Just for the public record and 'cause I must be really, really bored...

Yeah whatever, jog on fella... ...and I give you full permission to post my PMs, frankly my dear I couldn't give a damn. Bloody back testers...

Zen & the art of trading... empty your cup grasshopper... Not entirely sure I get the point you're making...:p

Put in a bit of chart time or better still trade it with small money, best way to do any testing... You get these patterns frequently on all time frames. Moreover test it for yourself, don't rely on other peoples' studies or opinions. Why not load up at trend line support/resistance...

Big Money DOES NOT automatically equate to Smart Money... As a caveat to my previous post, that's usually following an initial false break of the horizontal reaction level of the ascending/descending triangle... and that ain't in the classic TA text books...

No straight up, when I used to trade on an iPhone I used to use a separate, independent feed for quotes and the prices on the dealer platform matched exactly. That's on CFDs mind, I don't do any spread betting so don't know the first thing about it, but I've heard that price manipulation is...

Horses for courses Lee and point taken, I rarely hold a position overnight...:D

Standard spreads on CFDs and 3 pips on Forex, that's about normal isn't it? & I've negotiated scalable commission... I scalp just fine, I don't understand what the problem is? And before all the trolls crawl out of the woodwork, NO I'M NOT A BROKER AND DON'T WORK FOR THEM...