Recent content by traderdredd

Hi ILoveSax, I'm afraid I have no idea. Regards, traderdredd.

Hi Peaceful_Warrior, Thanks for your advice. It would be great if could comment on the system, I'm currently back-testing;- which uses 3 MAs (5 sma, 10 ema & 200 sma - all at the close), Williams %R, volume and candlesticks. I thought the time-frame for entries/exits should be daily, because...

Hi PokerBrat, Checked out the above. I found it enlightening with an excellent matter-of-fact approach that incorporated simplicity (which suits me). The tutorials are easy to follow and kept me engaged for the most part. Thanks everso, Regards, trderdredd

Hi Jak672, Interesting points you've highlighted. Worth taking into account. Regards, traderdredd

Thanks everso PokerBrat, Simple is what I need at this stage. I shall check your recommendations. Kind regards, traderdredd.

Hi HWSteele, Thank you for your recommendation. I shall check it out. Kind regards, traderdredd.

Thanks everso tomorton. I feel more confident and will definately not be using MAs in isolation. Kind regards, traderdredd

Hi tomorton, Brilliant! That's extremely useful, because I'd forgotten about using MA as confirmation of a trend and not as an entry signal. In terms of my time frame (which will be 1-5 days), would it be more effective to use the 20, 50 & 100 ema?

Excellent! Extremely helpful! Thanks for highlighting the risks re indices. (What I meant to say is that I will be trading the stocks within the UK ftse 100). One day I'll get the jargon right. Will definately call on you for more advice. Kind regards, traderdredd

Hi Goldtip, Thanks for your offer. I hope things are going well for you and I wonder if I can call on your experience? I am a complete novice where trading is concerned but one has to start somewhere. My aim is to become a full-time day trader, but I thought I'd start by swing trading. I...

Thanks for recommending Captain currencies... I shall check it out straight away. I will also read the book that's mentioned. (I learned the basics of trading through the Online Trading Academy which is US-centric.This wetted my apetite to pursue trading via technical analysis). Thanks for...

Hi rathcoole_exile Please accept my most sincere apologies. I interpreted your statement "please read" as directing me to the reading material "Mastering the Trade"... hence my response, which was not intended to be sarcastic. I plan to spread bet. I have decided to trade UK stocks (ftse 100...

Hi rathcool_exile, Thanks for your speedy response. regards, traderdredd

Hi, I'm about to start trading as a swing trader (seeking to be in/out of trades no more than 5 days). Can anyone suggest the periods ans time frame to use? Regards, traderdredd :confused:

I read it a few months ago. I'm just starting out and I found it helped me focus on being disciplined whilst reinforcing my determination to trade. regards, traderdredd.