Morning Ladies and Gents,
Some great data analysis yesterday. Thank-you wiseambitions and many others. Very interesting stuff.
Chris's MM recommendations for progressively locking in gains and taking money off the table makes sense. This is surely the way the pro's do it. 10/40 hit stats...
Me too. I'm going to close the position because the price action seems pretty much glued to the daily pivot. Also the range is only 70. Yesterday it was 200.
There's a couple of news releases due at 1500 GMT which might free things up a bit. But one of them is Chairman Ben whaffling on. So...
I'm with you on this one. I have a feeling it might be possible to set up IG's spread betting platform to provide this. I have always done trailing stops manually but can't sit watching the trade all day. Of course with IG we still need to open the trade manually.
Haven't tried the FMT...
Greetings All.
Have been trading cable (pretty much exclusively) for 7 years as a retail punter. Over this time the 'characterisitcs' of the pair have changed a fair bit. Given the macro economic turmoil we're all living through right now, I supose there shouldn't be any suprises there...
Whoops Too Much vino
Pardon me gents.
Just re-read last night's post. Perhaps a bit obnoxious. Too much vino..
Sorry Mikeyfx. Didn't realise you were from SA and couldn't open your file but guessed it was LaReusch spouting off his conspiracy theories.
Well I Think LR is a nutter...
Hi Gent's,
I agree agree about the SA thing. You know what they used to call police there? "Rope-ies". Why? Because they were reputed to be "Thick Twisted and Hairy". I should know. My ex-wife married one! "Back of the net!"
But guys.. La Rouche? I thought that this was suposed to be...
Hi NKruger
Firstly.. aplogies for the delay in even acknowledging you kind response to my first post. I'll plead insanity, old age or innability to find out how to work this grown up version of facebook.
Anyway. Thanks for the advice. I have looked at the suggested reading matter and it's...
Great Thread. V. Interesting
Thanks Forexgreenland.
Scanning this thread for the first time. But too brain weary to start concentrating on the TA for now. Clearly some really great stuff about trading psychology and one's ego and mindset.
Wish I'd spent more time looking at this...
Sorry Steve,
I think I pressed the wrong buttons... Again. I'll blame age.
So here's my post about Forex mortgages again.
Interesting, and I agree on youre take re: Japan, but I think quite difficult, if not impossible to do.
How about looking at private client banking with someone like...
Imagine if we could all get a mortgage in YEN !!! based on 0.5% interest then the BOJ would no longer be making policy for Japan.. they would need to include the UK in their monetary policy... (which is the kind of problems the EU is having setting policy because its a one size fits all...
Nice one on the trade!
BTW.
Watching BBC newsnight tonight? Absolutley amazing ain't it? Suddenly! an 'under the radar' news release saying that Iraq has more oil than Saudi Arabia.... Not really suprising when you consider how many zillions of gallons of sea water the Saudis are pumping...
Sorry Mate.
This SH1T on cashmasters is B/S. And makes me a bit mad - for really important technical reasons. Right now I haven't got the energy to go into the Technical details of why - (including his stupid statements about EUR/USD and Cable). My short suggetion is to take the software...
Thanks for this. I've been out of circulation and I haven't exactly mastered this board yet so apologies for late response
I'll give it a go.
What band settings on Bollinger to suggest?
Rgds
DB
Hi guys.
Fair enough.
I uderstand where you're coming from and in truth I wasn't actively trading every signal because of other technical indicators contradicting TUFXP's buy or sell signal. A complete novice of course would probably only trade the signals and for sure this would result in...