Does the trend of the 3 MAs matter? I'm currently looking at cable and the 4hr and 5 min prices are above the MA but the 1 hr price is below. The 4hr MA is gradually rising, the 1hr MA is descending and the 5 min MA has bottomed out and starting to rise again.
Thanks.
Duncan
Aren't some of you falling into the trap of "I've had a bad week, I just need to tweak the system slightly and all will be well"? So constantly changing and never settling on a system long enough to see if long-term it is a winner?
Arrived late and got out early for +12. I thought it was going to continue south so quit while I was ahead. Added to +20 overnight on USDJPY will suit me for the day.
Who did you sign up for to do your demo trading with Wagtail? Or is that really your $50K ??? I'd like to demo an idea I've had and like the stats that myfxbook can provide.
Anyone know if there is any major news out today? I know there is a site detailing announcements but I can't be bothered to wade through the almost 500 pages this thread has grown into.
I'm still in - had an early start so didn't use the correct NT entry point. If it helps I could go short now, with my current form that would almost certainly cause a sudden rise past 15300.
If you're trading above the minimum £1 per pip can you adjust your size through a deal ticket and effectively close off a portion of your trade at the currently advantageous price, in the way that you could sell off half your shares if you were trading equities? I suppose this would be the same...