Recent content by madmax_uk

So what is the consensus on this? works or not? how long can you keep a bungee open? say i open a trade in the morning and it goes through my floor by 100 pips and i close, will i still only be liable for the difference between price and floor? or could i keep the trade open indefinatley...

Hi Trendie, Walked into waterstones to get a book for my exam, and walked out with 3 books I didn't intend to buy when I went in, one was "fooled by randomness". Will wait until after exams before I dive into it!!! Just one of your comments make me think... one book that i was reading said...

I'm holding a slightly nervous short at the moment on cable. I think that it is at +- a resistance level that has held for the last few days on my 4 hr chart and my RSI and stoch are pointing to a downwards move. i don't think it will be a big move, but will hopefully gain a few pips! :) but...

another chat was doing some reading (so much for studying for exam tomorrow!) and came across following website and chart www.seasonalcharts.com

Rav, you mentioned that you got stung on the dow last year... how often does the seasonal info prove incorrect? Not sure you can answer the question, but am intrigued. i.e. if you look what happened in each of the last 12 months, how did that compare to historical data? The pip different is...

Rav - great post... was very interesting reading. Do you trade off the historic trends etc soley or do you just use the info to maximise your stratergy, i.e. may is a down month, so do you have a bias towards short trades against long ones with your stratergy? This may be unrelated, but i was...

Good to see you back Rav...hope that you had a good break and you hungry for more pips! :-) Out of interest, where do you get the info on the seasonal cable ranges for the last 15 and 25 years?

How have you found fozzy?

what was your win/loss ratio? how did you decide to exit trades? excuse my cynisism, but sounds too good to be true

USDJPY has been very kind to me this week as all trades (3) were profitable and if I had let them run would have made a lot more. but have lost most gains on cable! :confused:

Yes, I would tend to agree! one just needs to do a search in google for some companies with "proven" track records. Am still new to forex, so thought might be useful to assist with general directions ect... but looking at it less and less but still giving it benerfit of the doubt to be fair...

You could say so and to be honest, I am still sceptical... I thought it would be interesting to see how it worked. But to be fair, signals on cable been good... buy 1.9719.... price now 2.0081!

Think I can help with this q... it signalled a short at 119.20 about 2 days ago (might be less) - went up to 119.75ish, and the dropped to where it was today. Then a signal came through this pm saying buy usdjpy at about 118.71, and then about 30 mins later a further signal came through telling...

Hey, I downloaded the progressive fx software about 2 weeks ago... its okay... So far it has done 3 out of 3 good trades on cable (over a 100 pips each!) and said short usdyen at 119.20 2 days ago. Initially went up to 119.70, but shot down.... so not too sure if you can call that a 100% good...

Thanks for the reply... will look into wealth lab and tradestation