Recent content by pki99

Not sure of your trading approach but is it TA based, and if so why cant it be applied to FX?

Ahh! Someone who trades numerous FX pairs on the daily tf with minimal indicators. That approach really appeals to me (what with the 9-5 hustle n all :) ) So, if you dont mind me asking: a) how many trades do you average in a week? b) how do you deal with weekend gaps (guaranteed stops?) c) have...

Hiya Redart I see that you're UK based. Doesnt that mean you can spread bet stocks using leverage so the 25k requirement does not really apply? Spread betting stocks and FX seems no different to me in terms of the capital involved. In fact over longer tfs stocks actually offer the ability to...

I've like stocks too alongside FX. Gives more trading opportunities for a swing trader. My only issue with them is the (overnight gaps) - something which FX is generally not subject to. I take it you prefer US stocks to UK stocks?

Re: Who are Smart Live Markets?? Hiya Black Swan, How's it going? I saw your concerns re Smart Live Markets on the MT4 thread! For us rookie traders swinging at 50pp can be too expensive. Using a 200 pip stop for e.g. requires a risk of £100 per trade - which means a £10k account if using 1%...

Who are Smart Live Markets?? Hiya, This has been interesting reading! I actually found this thread when trying to research Smart Live Markets. Heard about them elsewhere on Trade2Win and went to their website. Sounds excellent - permanent 10p minimum trade size on FX and UK Stocks, industry...

I believe ChiDayTrader said it best. Its not an out-of-the-box solution. I'm sure John Paul and some of his students trade his methods successfully, but it takes some real skill/experience to go for 4 points with half the contracts and still come out with 2 points on them if the second target is...

No worries! That's how I ended up here too. Most bought systems (and many free ones!) will not deliver for you. Even when you find an approach you like, you'll prob have to tailor it to fully suit you and test it appropriately. All the best.

Hahaha!!! Nice one!! I would have been worried if you'd revealed your bread and butter systems just like that!!! I have a similar approach to backtesting i.e. look at small amount of previous data to get the rules in place and then forward test with small amounts of money. My bread and butter...

Hi Glennw. Liking the sound of 3 quacks - hoisin n all!!!! I'm also thinking of developing a shorter tf strat to add my usual way of trading. How well did you test your modified approach and is the 12ema an average you've always used?

======================================================================== I'm not sure where you are in your journey but I stopped looking at such systems many moons ago. I have that system along with others (most of them refunded!) but I couldnt even tell you where I filed it away on my PC. I...

Yep. IMO he's just a professional seller of short-term systems that only work for certain market conditions- like hundreds of others out there. If you are going to buy it then ensure he's got a cashback guarantee

I think you'll find Captain Currency IS a professional :) If fundamental trading is your MAIN focus then you are probably looking at the wrong forums .... maybe even the wrong website .... !

Hi Maddman & Gilbey I was intrigued by your posts (I look out for threads which contain words like "simple" and "KISS"!) so I went and read the condensed version of the e-book. I trade 4hr/daily charts normally using a strategy very similar to that found the ff thread -...

Thanks again Forex99. Re market flow I was also confused by the false signals, hence my question. But fg_guy phrased it far more clearly and succintly than me :-) I get it now though! Cheers.