Member Info for Just_My_Opinions

Only stock holding at the moment. Not in big

@ 3793

It could also bounce right now and continue up since it's sitting right on the 200 ma on the 15 minute. Best of luck anyway, I'm off again for a bit.

Below is the short term 15 minute chart. Each candle represents 15 minutes of price action. At the moment the price is sitting on the 200 MA for the 15 minute.... that means it's an average of the last 200 x 15 minute candles. If that breaks, with a candle opening and closing below it... the downtrend will probably kick in. But the hourly is not yet fully negative yet if using slightly lagging indicator for more confirmation. There's a good chance of further weakness, but it's not fully confirmed yet. https://drive.google.com/file/d/1JSkMr-WuyiNgv0Zxmfzu5_cNLSHtH03N/view?usp=sharing

https://drive.google.com/file/d/1_fdLLMdkMOa5_y8155_EZshzXD0eaJRq/view?usp=sharing Craig, still holding that GBPUSD short, it's up 266 Pips at time of typing. Also long the USDCAD and USDJPY up 246 and 198 pips respectively. Over 700 pips since 18/04 That's a particularly good run to be fair, it's not always that quick, not is it always profitable. Chart shows where my entries were (Arrows) I'm not using the MACD on the bottom column... just watching it for short term trend direction so I know what to expect. I'll probably close on the 3 McGinley crossing the 200 MA... but I have max targets in mind if they are reached first I'l close.

This candle is heading down, if it closes down without an indecision candle showing... then the direction for Glen will be down for the day.

It's currently deciding it's next move, it's had two consecutive inverted hammers on the hourly, so still no confirmation on direction yet, hopefully it decides to rise for you. But it has had a good run.

The inverted hammer doesn't show on that screenshot, it's formed now after I posted the screenshot.

Inverted hammer on the hourly, meaning it could reverse back into an uptrend on the hourly chart. The close on the next hour's candlestick will give confirmation of which direction it's going in.

https://drive.google.com/file/d/1qiso7WZOV2dkVXmUyRFt4AV-6eWgd22V/view?usp=sharing

This strategy only for a couple of months, so far it seems to be good. But not used it long enough to be totally confident on it. Just suits me as it means I don't need to watch the screen constantly.

I sleep in the spare room during the week, and have a laptop next to the bed that alerts me to trade if something happens during the night. I wake up, place the trade and go back to sleep haha.

I've been experimenting with loads of strategies. This one is about trading with the 3 McGinley Dynamic and 200 MA on the hourly chart. So when it recrosses the 200ma I'll close it and open in the opposite direction. Sometimes that means losing a lot of the profit... other times that means seeing hundreds of pips over a week or two... but it's about killing the losers off early and letting the winners run. So don't know when I'll close it. I have Longs on the USDCAD and USDJPY both in profit too, so if this one drops back, those could be gaining. Only issue is, this means trading 24 hours a day. I put stops on it in case of a rare rapid movement during the Asian trading session (throughout the night), but usually if the trade isn't going my way I get an alert for a recross of the above strategy and I close it before the stops hit.

Short now up 140+ pips...

The Pound just tanked against the dollar... I'm currently up 120+ pips on a short at the moment. If this continues it might help the Glen holders tomorrow.

Just used BA to fly from Newcastle to Heathrow, Heathrow to Dubai. Both flights completely full. Good service, under cut Emirates and better flight times on the Dubai flight. �200 more for my wife and I with Emirates, and very poor flight times on the return flight to Newcastle. So was cheaper and better flight times to fly BA to Heathrow and then on to Dubai. Anyway, I got the impression BA is a very well run airline.

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Closed @ 628.2p for a loss. Dropped below the hourly VWAP. Back to watching.

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