Recent content by saviola

Any news on what actually happened at futex?

savs journal 9:20am DAX(2min) Short rh @5012.5 stopped out 0 ticks 13:20pm EURO(30min) long 123 @11772 time stop -2 ticks 14:50pm EURO(10min) short rh @11747 stopped out -10 ticks 15:45pm DAX(5min) long rh @5041.0 time stop 0 Todays results: DAX: 0 EURO: -12 Total nov: DAX: 5 EURO: -12

savs journal 8:18am DAX (2min) long rh @5058.5 stopped out -5 ticks 8:35am DAX (5min) short 123 @5051.5 hit target +5 ticks 15:16pm DAX (2min) short rh @5090.0 time stop +5 ticks Todays results: DAX: +5 ticks EURO: 0 ticks total nov: DAX: +5 ticks EURO: 0 ticks

90% of Forex courses/trading courses in my opinion all teach the same thing as stated in one of the replies. If i were you i would go on Joe Ross's course at www.tradingeducators.com, in my opinion he is the best around and he teaches a simple, straightforward and effective way to trade. Hope...

sysf no problem.

SYSF I dont get stopped out very often because in a strong move in one direction it takes the market a while to turn around, for example if the market moves 50 pips down in one bar it is very seldom that it will turn around and shoot 50 pips the other way again (unless there is an unforesenn...

hi sysf yes i do use stop losses. what i do is if i enter a trade on a 60 minute chart ill manage my trade using the 20 min chart or enter a trade based on 30 min chart i manage the trade on the 10 min chart, ie a 3 to 1 basis. For example if i go short ill place my stop at 1pip above the...

[first time its happened to me

Jtrader what i do is i take the avereage daily ranges for the currency pairs im trading in over the last 5 days (i update it everyday), and aim for 10% of that as my first target and double that for my second target and let my 3 lot run (i trade 3 lots usually) for every trade i take. For...

Hi Everyone Just want to know where i should go to sell Kruger Rands here in the UK and at what price i should expect. SAV

HI TEEJAY. 150 pounds per month is very IMO expensive for a charting package for forex when you can get real time charts for free elsewhere. I suggest that you open an account with GFT forex as there platform si very good and they supply top class charts for free. Fxcm is also good but there...

Hi Guys As far as i know CBFX charges commision on there trades which combined with the pip spread can work out costly. ACM is commission free and has 3pip spreads on all the majors if that helps. SAV

Curios, if all chart patterns worked as they should all traders would be wealthy but they dont. Depending on how you trade be it technical analysis, chart patterns, price action or whatever. I think it all boils down to your trade management ie keeping losses small, realising when a trade is...

I agree NB, sure there has been a uptrend but there has been alot of sideways movement within in the trend ie congestions or trading range (or whatever you want to call it). Will just have to be more patient i guess.

Hi Goober I Trade 30min Charts, But I Meant The Last Few Days. Do You Think I Should Look At Longer Time Frame