Recent content by mcginty

Hi Tom, Thanks for your answer. I aim to hold positions for weeks or months.

Hi there, I'm new to FX trading but I have traded shares before. Looking to trade FX on a mid to long term basis, based on fundamentals. Trying to figure out a volatility stop loss using ATR but not sure how many periods I should go for. Can anyone help?

Had occurred to me to use trend following for the setup but to buy options instead of shares. Is that what you're thinking?

So would you be looking to combine options with trend following? Or pursuing different strategies with options?

Thanks for the responses everyone. Looks like I'll have to look elsewhere i.e. Forex or options for my risk fix.

Hi there, I've been trading for about 4 years, trend following stocks and holding positions for weeks at a time. Basically I want to move up the risk/ return ladder so I'm considering switching from stocks to futures. I was doing a bit of research into Andreas Clenow as I was thinking about...

Sorry for not responding sooner but thanks for your input gents

Hi everyone, As well as being an aspiring trader, I’ve also recently started out as a freelance copywriter. It occurred to me recently that there probably aren’t too many copywriters who understand trading and investment so it might be a good area to specialise in. If you work for a trading...

Hi Tim, Thanks for getting back to me. It's the daily timeframe on the USD/JPY.

Hi everyone, Bit of a silly question probably but can anyone tell me how to read this ATR value please? 1.1807 I thought it was based on the last 3 digits i.e. 0.0123 mean an ATR of 123 pips but I'm confused by the larger number. Cheers, Keith

Unfortunately this was on my trial account but think it's fair to say this system works....

Another beginner question I'm afraid, this time about rate of change. I'm using a scanner to narrow down my stock picks and I'm trying to use ROC in two ways: 1) ROC (20) to find stocks that are at least 5% higher than 1 month ago and 2) To find stocks that are outperforming the SPX by 5%...

Thanks Tom.

Thanks again.

Hi Tim, Many thanks for you excellent response too. Having read Tom's response, i don't think I'm in a position to bet on the daily as I'm looking a bit longer term than that? Out of interest, how would I find the SPX ES on my charting software (Stockcharts)? Cheers, Keith