Recent content by Ripcord

How Rubbish I see that once again the Capital Spreads site goes down at and is still down at the busy time of the day. Will these guys ever get it sorted, what a joke!

This is a straightforward one. If you are consistantly in profit then number of pips within reason is not important. The great thing about forex is it is scalable so you can increase lot size at your discretion. Don't become distracted by some of the posters on these boards who claim hundreds...

Money management I think the subject of pips per trade / day is extremely subjective and depends entirely on your style of trading. For me I make a maximum of three trades a day and my maximum ever stop loss is 25 pips. I now only trade on a confirmed set up and only trade at set times when...

Trader79 If you have managed to clear an average of 100 pips per week for six months then the last thing I would have thought you would look at is somebody elses method. With the correct money management you're laughing all the way to the bank. Consistancy is the way to survive and long term...

Mine was short at 8520 which was taken at 14.57 on a market order going into the news. I had a stop at 45 if things went pear shaped. Took my profit at 8425 which as a little early as I would normally hold until 17.00 and the close of UK markets but no complaints when you clear a trade like that.

I think you have to find your own style and be happy with it. If 20-30 pips is what you normally take out of a trade then be happy because you got another in the bag this afternoon. You'll get more winning trades during the week which is good psycologicly. It is impossible to get the maximum...

Happy days 130 pips on cable and 100 on CHF. Dont get too many ones like that, I'm done for the day.

You have to find your own style of trading. This morning I sold at 8273 at 8.15 as was stoped out at 8286 for -13 Then I sold at 8290 at 9.29 and my limit kicked in less than 3 mins later at 8254 for +36 I havent had to watch the screen all morning and I didn't have the stress of seeing a long...

Just to add another point to the discussion about market times. I make the majority of my trades around the opening or closing times of the various markets because this is the time when most orders and the start of trend tend to form, its these times can be particularly good for reversals so if...

Yes

I would agree however I am amazed at the amount of confusion this seems to bring. That link is correct. Current times for the open on GMT are 6AM for Europe and 7AM for London. In winter this moves to 7AM for Europe and 8AM for London again these are GMT times. PS. Not that I trade it but...

Trading Times Just to clear up the confusion with the opening market times. I'll just deal with UK local time which is currently GMT+1 Frankfurt opens at 7AM UK time and London at 8AM UK time. In the winter it's exactly the same 7AM and 8AM UK time but we move back to GMT. It never changes!

With NFP you don't get clear market prices with any broker in the first few minutes not just CS. Every month in the afternoon after NFP figures come out posters on this board complain. You cannot trade with market orders in the first few mins after the figure is released we all know this. The...

Marmoset I would be interested to hear the theory on that. In my years of trading I've never known anyone hedge their trades using the same instrument on the same timeframe. You could hedge a GBP spot by trading EUR spot or by GBP future for instance but I would be keen to learn your...

Too harsh