Peter jcp
Peter jcp
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  • Birmingham
  • United Kingdom
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Peter jcp's Page

Latest Activity

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EU - Over 2 weeks mid Feb 12

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Keith Shaw commented on Peter jcp's photo
EurUsd 5 min, I'm Neutral For Now Peter, as we await US Open.
49 minutes ago
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Peter jcp commented on Peter jcp's photo
Hi Keith - pre US session below
2 hours ago
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Keith Shaw commented on Peter jcp's photo
Interesting observation on EU H4, see below:
2 hours ago
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Peter jcp commented on asad rizvi's blog post 'EURO is stilL a GooD SelL'
So true Asad and Tahir - you never stop learning and you sometimes you even learn from the novice and newer traders who at times see it all differently . Have a good day
3 hours ago
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Peter jcp commented on Peter jcp's photo
Hi Elanthiraiyan - no linear regression indicators - slightly different to moving averages - calulated differently and I prefer them to Ma's even to the ubiquitous EMA 200
3 hours ago
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Aleksey Muhanov commented on Peter jcp's photo
Hi Peter, nice one. Regards
7 hours ago
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Photos posted by Peter jcp 7 hours ago
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Peter jcp commented on Peter jcp's photo
Morning Keith - Pre london - both GU and EU have been buys this morning - Have a great day
7 hours ago
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Keith Shaw commented on Peter jcp's photo
Worth noting the symmetry and the support zone where the GU decline eventually came to a halt  on the 4hr Chart. See Below.
8 hours ago
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elanthiraiyan commented on Peter jcp's photo
what are those lines peter, moving averages,if it is what are the periods?
12 hours ago
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Sir Gissachance commented on Peter jcp's photo
He is still bull yes.......Sir Gissa ........Out  !!!!!!!!!!!!!
15 hours ago
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Lisa commented on Peter jcp's photo
must be the Goldenfinger is …  (?)
15 hours ago
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Sir Gissachance commented on Peter jcp's photo
Ah can I just state Lisa that choice 4 is the weakest of all patterns btw........Therefore = not good..............Sir Gissa ..............Out  !!!!!!!!!!!!!
15 hours ago
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Lisa commented on Peter jcp's photo
Purple Pennant Eater  proprietary pattern *wink*
15 hours ago
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Lisa commented on Peter jcp's photo
I guess this could be choice #4 ...
15 hours ago

Profile Information

Trading style
Forex intra day trader
Current Broker
GFT UK

Peter jcp's Photos

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Peter jcp's Blog

Peter jcp

Do you know the answers to these trading questions you should be asking yourself?

Posted on January 30, 2012 at 10:20pm 21 Comments

 

I have had a few questions thrown my way to do with trading that I could not answer right away. I was able to go and check my records and trading history and then I had the information I needed.

 

I appreciate most traders are more bothered about spotting the correct direction of a currency pair and achieving positive pips, than continuing asking yourself challenging trading questions that might actually help to achieve you an improved return on your…

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Peter jcp

Why I like more than just a Naked Chart and Price Action in Isolation

Posted on January 15, 2012 at 10:30am 10 Comments

For all new traders and those with under at least one year live experience - ignore this blog as it may confuse you more. Thats the last thing I want as trading is difficult enough without me trying to make it harder.

However, for more experienced Price Action and Naked Traders - this might explain why I see thing slightly different - on what I will say is a very messy chart - until you understand it. My brain and above average eye sight - just cannot pick out some of this key…

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Peter jcp

Example - Thinking outside the Box - EU 21st December 2011

Posted on January 7, 2012 at 2:30pm 25 Comments

 

 

I am using the EU and December 21st  in this example - as its a day been used by many as an ideal example of price action analysis on daily 4hr and even 1hr charts.

The daily charts are circled to show what happened in terms of the "big picture" and the 30 minute charts below to show the…

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Peter jcp

Numbers and a Trading Quiz?

Posted on December 17, 2011 at 5:44pm 19 Comments

 

Trading is a numbers game. Whether it’s the currencies price, win percentage ratio, risk to reward ratio, probability percentage or just the size of your win in money terms- you need to know the numbers.

 

I have always loved maths and playing with figures and statistics and I suppose it was also one of the reasons I was drawn to try currency trading. It’s the season of goodwill so I would like to share some of my findings and thoughts on numbers- and how they might…

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Comment Wall (20 comments)

At 8:45am on May 3, 2011, raj patelraj patel said…

Peter,

i think you are new in this Dr blog

have a look at the trading strgy webnair you can learn a lot and earn a lot

raj

At 8:54am on May 3, 2011, Peter jcpPeter jcp said…

Thanks Raj - I have been following the Doc for about 6 months on Fx street and have been in a few of his webinars and have learnt some good stuff. Still got a lot to learn but many of his comments have made me review my own way of trading - leading to improved results

 

At 1:39pm on May 24, 2011, ATTALURI SIVAKRISHNAATTALURI SIVAKRISHNA said…
thank you sir for add me .
At 9:03am on May 26, 2011, RichardRichard said…

its design by Jim..the video is quite informative

 

At 3:35pm on August 4, 2011, SamirSamir said…

thanks Peter for the valuable information... :)

 

At 8:39am on August 13, 2011, SamirSamir said…

Thanks Peter... If i got it well, a trader has to really understand how the pair moves, thus being able to differentiate between the trend and the counter trend or retracement.... In my opinion, a trader must have a historical view of the chart to be able to forecast the coming trends... rather then just looking at the latest activity or patterns... Watching the latest moves or activites is like reading few words or a small sentence of a paragraph which may lead to a misinterpretation of the overall meaning..

 

But what about if the retracement went too long..? It becomes "The trend". right?

At 9:00am on August 13, 2011, SamirSamir said…
Hi Peter, what is the Doc, (fxstreet - webninars etc...) you were talking about with Raj?  can i have some info on this? Thx.
At 11:34pm on September 1, 2011, DarkdojiDarkdoji said…
My God you are incredibly active - got to spend time doing up my page. But I doubt I have anything to offer that is new. Anyhow this was a social call - not forgetting this is a social page. Cheers
At 8:15pm on October 7, 2011, PVforexPVforex said…

Hello Peter,

 

Sorry, i did not responde sooner.

I have been doing some other thing in the last past weeks. That is the reason i did not responded to your comment.

 

Thank again for commenting about how long you been trading. I really love trading, i am planning in learning as much as posible to became a succesuful trader and start living from it. I will love to earn about 1000 usd per month.

I live in mexico 1000 usd will do for me.

 

What to you think about US dolar losing been the Worlds Currency Reserve

So this video. Very interesting.

http://www.stansberryresearch.com/pro/1108PSINEWVD/6PSIMA22/PR

 

Regards

 

PVforex

At 1:06pm on October 14, 2011, NikhilNikhil said…

Ok ! JCP i will look to it from here...:-)

 

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