Naked Chart Based Trading PRM style "LESS IS MORE"

Discussion in 'Journals' started by JSSPMK, Dec 5, 2016.

  1. JSSPMK

    JSSPMK

    Anyone from UK, Debenhams looks good for a long IMO, it's been sliding for ages, just like Next has, but I prefer Debenhams because it's just tagged historic support 3rd time now and nice strong upthrust, I'd say target is 80 vs 49 stop, currently 57.15, potential gain x2.80 risk, which is below my standard minimum of x3, so I won't be taking the trade personally. Does look good though for a reversal.
     
    #161     Jan 13, 2017
  2. JSSPMK

    JSSPMK

    GBPUSD well worth a punt, I see +1k pips gain vs 200 pip risk 1.22 now
     
    #162     Jan 13, 2017
  3. JSSPMK

    JSSPMK


    Lost 3rd leg. No loss as initial stake's been removed from the final accumulator. So far -1 unit.
     
    #163     Jan 14, 2017
  4. JSSPMK

    JSSPMK

    Leg 1 starting tomorrow


    Screen Shot 2017-01-14 at 23.18.50.png
     
    #164     Jan 14, 2017
  5. JSSPMK

    JSSPMK

    Leg 1 lost, Tally -2 units

    Fresh one started

    [​IMG]
     
    #165     Jan 15, 2017
  6. JSSPMK

    JSSPMK

    Leg 1 wins, +3 units including stake, onto leg 2

    [​IMG]
     
    #166     Jan 15, 2017
    victorycountry likes this.
  7. Looks like GBPUSD is going to depreciate substantially again - when May is going to talk about Hard-Brexit
     
    #167     Jan 15, 2017
  8. Did you make any bet on Everton vs Man City? 4:0 is another shocking result...Man C has a squad worth 1 Billion - and yet, they were thrashed. shocking. City is so awful to watch at the moment.
     
    #168     Jan 15, 2017
  9. JSSPMK

    JSSPMK

    No, no bet on Man C, I hardly ever back away teams, only other type bets like over so many goals markets or both teams to score. Yeah, Man C is not what they used to be.
     
    #169     Jan 15, 2017
    victorycountry likes this.
  10. JSSPMK

    JSSPMK

    All I want is a dead cat bounce, not calling end of trend. You could well be right. I look at the chart and see a treble bottom - I go long.
     
    #170     Jan 15, 2017
    victorycountry likes this.