Recent content by songcon

I found a copy of Steve Nison's candlestick book over the weekend at the bottom of a box of junk, I must admit, its an entertaining read, I havnt laughed quite so much in ages. (and I have used them, and maybe even will again in the future), If I'm being charitable, I think that Mr...

Re: More upside for gbpusd ? I would skip the LH, it's only a step back of the downward moving process. If you connect the HH to H, there is a descending triangle. There is no connecting (second) point for the upper line, why do you draw that line? May be my learning about charting is...

It would do a much better job in going down in the near future :idea:

There is a discussion going on that I've found after the posting: Don't read report or news or research. http://www.trade2win.com/boards/general-trading-chat/128538-dont-read-report-news-research.html

Technical analysis is the art of looking at the picture, or the chart where all of the news and other information have been discounted into it and you can analyze it to make the decision. The best part of this game is it filters out the emotion element, traders can just look the inter-action of...

You use H&S to identify a reversal pattern, something that has been moving along and about to change course. To trade on the pattern, you have to wait for the confirmation of the new moves through the breaking of the neckline and the traded volume. This is not as easy as the short-term pattern...

Great note from a man who calls himself: counter_violent :thumbsup: I will take some time to read on

Try have a few systems on your computer so that you can have a chance to be familiar with all of them. My favorite right now is FireFox, I don't use Google Chrome since I have FreeCharts software installed and it makes Chrome slow down. Nothing is perfect, some day FireFoc is slow, I use IE...

Yes, that takes care of the US side but don't forget to bring the US dividend with US taxes withholding when you do your UK tax return for 2010. You will get most ( if not all) of the $2 US withholding by getting a credit (reduction) of your UK tax liability.

Why do you have reservation about the CMT program would help one to improve his chance in getting trading jobs? For me, it helps me a great deal in knowing the game that I'm playing - at least for now.

If you meet the requirements to trade the US stock, you can QIHU, the lead underwriter is UBS and they will be allocated a big percentage of the IPO shares in addition to the fees to take the company to public. If the company is not a hot one, it is their duty to help the company to sell the...

I can't find a forum to post your interest. The next best thing is sharing the costs and study them together. Sorry that I can't help:-0. SC

My friend had sold his but I can make an announcement for in the CMT forum. There are amny willing sellers from that group. I did not make an announcement like I did the last time due to some change to the forum design but i will try to work my way through.

Go to Barnes and Noble and take a look into this book, there are lots of calculations and formula, and if you like to work with the various calulationg formula, this should be it. http://www.amazon.com/New-Trading-Systems-Methods-Wiley/dp/047126847X The older version is much cheaper, there is...