Recent content by wilkelec

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    Trading with mp6140

    Im not sure what you are trying to say are you looking for some kind of recognition??? You are preaching what I do to me and I find it funny. I hold positions. Once you get so far ahead you never need to think about a loss again. Your 332 day I got 179 but I was at the hospital all day is that a...
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    Trading with mp6140

    Yes there is a double edge sword where you can lose big without a stop. So you trade lots with small amounts. They wont all get wiped out. In fact I have never had a day where the market has taken out my position. Must just be lucky. I have had days where it goes to minus profit by a lot and...
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    Trading with mp6140

    That method works for me but if everyone traded it we would all be forced to use the quick grab technique and I dont want to do that. So how about you go make 332 pips and write a book in a few years time when you retire and we have all made a profit. I know this method is not a well kept secret...
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    All you need to trade is a horizontal line - TheRumpledOne

    I decided to try the oanda demo. Its crashed out on me 50 times or more in less than a day. funny enough its always at big moves??? It also shows diferent price to other platforms. I would imagine this becomes slippage with a real account?? I would not use them the charting system is not the...
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    All you need to trade is a horizontal line - TheRumpledOne

    If your making +9 pips per day with leverage and no losses and have been trading since 2002 then your already a multi millionaire so who am I to judge!!!! Happy trading.
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    T2W guide to FX brokers

    I dont see the point in brokers trading against your positions. Point being they make money from just letting you play the game. If they trade you out of the game they have no income. Makes no sense to me that the bucket shop approach would be used. I could see them using a collection of clients...
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    T2W guide to FX brokers

    Well this is clearly where the government's need to step in and have a trade association that brokers need to be approved by. Then a page that links them up. I just had a great idea. I will start one and get the government to back it with grants. I will call it N.T.A THE NATIONAL TRADE...
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    All you need to trade is a horizontal line - TheRumpledOne

    Im a strong believer in the less information you give the broker the greater your gains. My stop loss is my finger and eyes. My limit is when I decide enough is enough or its time to compound some more money into a BUY/SELL on a pullback. This way someone cant use it against me for there own...
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    All you need to trade is a horizontal line - TheRumpledOne

    I have not looked at cable. But I will admit that the BUY sign for me on the GBP/USD was taken from the glorious horizontal line you speak about on a daily chart. It hit a previous low and I thought with the FED printing money this thing cant get any stronger.
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    All you need to trade is a horizontal line - TheRumpledOne

    Yeah the conservative none gambler approach I like it. I also have another method. I take a small amount of investing capital that I could not care less about winning or losing. (because I know my other trades will give it me back) I then look for a weak currency like the USD and I place a BUY...
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    What percentage of people lose money in the stock market?

    I agree because I have read lots and still do. I want to know where my opportunity' to make a profit or suffer a loss might be through popular technical analysis. Then I dont go its hit that line sell or buy I wait. Every broker wants you to place stops and limits. It means they get more money...
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    Do You need to know all of the technical alalysis stuff?

    I have learnt the technical analysis and its easy. Anyone can understand it. Even my 2 year old daughter knows when is a good time to buy!!! Helps me sleep safe at night knowing my competition. But I also do the full leg work and look into the state of the economy, companies reports etc etc the...
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    Trading with mp6140

    great thing about a bad economy is the currency always gets weaker. Bring on the next subprime mortgage bust lol
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    Trading with mp6140

    wow 2.0054 and still climbing
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    Trading with mp6140

    Just a change of subject but has anyone else been cashing in on the GBP/USD with a BUY??? I mean forget support and resistance this thing has been climbing for forever and today is looking to set new highs. Its setup perfect on all indicators and showing little sign of a turn around. Making huge...
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