Recent content by asimpleplan

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    What does + symbol next to a forex pair mean?

    Hi, I'm sure this is a real newbie question but can someone explain to me what the + symbol next to a pair means? GBPUSD+, NZDCHF+ etc. Is it the futures option? I'm confused because in the MT4 list of pairs, there seem to be more listed with + symbol than without? From the MT4 marketwatch...
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    Add US$ Index to MT4

    Hopefully those screenshots show I've understood your instructions but unfortunately I can't see the USDOLLAR symbol anywhere. In the second screenshot I've looked in every folder but it's NOT there.
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    Add US$ Index to MT4

    Gee, I never thought to look on google or youtube.
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    Add US$ Index to MT4

    Hi, anyone know how to add the Dollar Index to MT4? I've got a demo account with FXCM using the MT4 software but when I go to symbols the dollar index doesn't appear.
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    What is the best forex trading software?

    I've used FXCM and MT4. I preferred FXCM - the layout and presentation was nicer and it seemed to have easier interactive features. However, I've been told MT4 is the more common software for new traders. Yup, I've just started using it and I'm trying to draw multiple Fib retracements on the...
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    Long NZD/USD

    OK, it's now at the 0.38 retracement and time to start tightening the stop. If I wanted to keep the position running in the hope it'd continue to rise I suppose a trailing SL at the 0.23 would be a good idea. If I wanted to be more conservative to protect the gain, I'd trail the stop at the...
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    Long NZD/USD

    From the May low to the recent high, the 0.236 acts as significant level of S/R. It hits new highs between 0.7220-0.7228 before breaking up to highest (0.7320) since early Feb. On the 0.236 Fib retracement from the new high, the 0.7220-0.7228 S/R is again tested before breaking lower and...
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    How to apply Fibonacci retracements?

    I couldn't post the chart in spite of trying 2 different image hosting sites where I successfully uploaded the image, copied the link to paste into the 'insert image' option on this site, but 'trade2win' can't deal with the process. I've used many forums across the web and many suffer similar...
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    How to apply Fibonacci retracements?

    Hi, can anyone explain the logic of where to apply Fibonacci retracements? On the ff chart I can see the Fibonacci retracement levels have been applied. In this case the bottom line is the low on the chart with the subsequent levels above. What is the logic in applying the retracements from...
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    GBP/USD

    Sure, the £ is looking very Bullish against the $ but so what? What's to stop it crashing back down to 1.1900 if investors don't like the election result or the terms of the Brexit?
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    Trading the London session

    If I'd put in a large buy order at about 1.2800 with a generous stop, just to be on the safe side, it would have been a sure thing because the £ has tested support already and surely can't drop any further after 31 years! Oh, wait...
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    Trading the London session

    http://news.forexlive.com/!/here-is-why-the-pound-crashed-20161007
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    Trading the London session

    Is the strategy a technical or fundamental one? It's measured by technicals I suppose but is based on market fundamentals. - Do I care why the market is trending? No. The FED will use any reason to justify cooking the books. As I'm sure you all know, the US debt is unmeasurable and...
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    Trading the London session

    In contrast to my MACD strategy, where everyone was queuing up to laugh at me, there's ZERO response to this thread.
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    Trading the London session

    Actually, I was wondering what other members thought of that site? Have any been members of that site?
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