Black Swan
Yes, I have been betting a £1 per pip and had a 7 pip stop loss. Somewhere in my reading about spread betting and the FTSE that was suggested as a good strategy.
I started with the FTSE Rolling Daily and the settings and the indicators I am using are: Candlestick Chart - 5 Minute...
pssonice,
Thanks for that advice it was very helpful. I try to keep an eye on the news and use http://www.dailyfx.com/calendar/ to help me with the most important changes. The color coding of high, medium and low makes it easier for me.
That part of your message - "go long at limit while...
I am new to trading and slowly losing, but at the same time learning. I started with the FTSE Rolling Daily and the settings and indicators I am using are: Candlestick Chart - 5 Minute Time Frame - MA - Parabolic Indicator - RSI - Stochastic. My stake is £1 and Stop is £7.
Using the Indicators...