Recent content by Bartlby

I see your point but one only knows its extreme data after the fact. So last monday for instance one has placed one's BB trade and the day turns out to be volatile. You couldn't know in advance how volatile the day would be and so one couldn't know that one wouldn't trade those conditions...

Well I agree the last few weeks have been more volatile than things have been for a while but that volatility is hardly a unique event, periods of it recur with reasonable regularity. Personally I feel that anything that happens on the ftse is part of the data set of prices on the ftse. To say...

I've been keeping an eye on the ftse. I had been using a % of ATR to set targets and stops but that seems to have been blown out of the water by the last 2 weeks. ATR is now so large that the system doesn't work - without the extreme volatility of the past few weeks targets are too far out to be...

I somewhat strange week on the FTSE. I've only placed one BB trade and that was cancelled having not been triggered by 1pm. Mostly the opening range has been too great and so no trade has been placed. I suppose one cannot lose if one does not play and thats the best that can be said about the week.

Not been infront of the computer much this week - at least not in time to put on BB trades. Not sure what sort of a week it would have been - I think yesterday would have been a loser and today a no trade. Hoping to be back to normal next week.

I've got a demo account with Smart Live Markets - you can spread bet using Metatrader4 which I really like. The charts are so much better than the Capital Spreads charts. I believe CapSpr charts are running using flash player which means if I've more than a few charts open they seize up and I...

I got stopped out on the FTSE trade today - annoying - the first drop just missed my target and the retracement just got my stop. This month has been poor all over for me - the currency pairs I've been trying to trade have been volatile mostly due to the debt problems in Europe and the US and...

Having an opinion on the Ftse is bad for me. Thursday I had an opinion that it wouldn't make new highs and closed my order before it got filled - it would have been a winner. Essentially I'm placing a big ben trade based on a calculated pivot point - if the big ben is above the pivot I go long...

Glad its not just me Bramble - its a lonely game this when its not going well. I'm going to go back to trading my demo account while its like this - see if I can't learn something.

Well done with the hedge Tomorton - yes this week is teaching me all about knowing when not to trade - well its trying to but I'm stubborn ;-)

Everything seems to be drifting sideways this week - lots of false moves - v. frustrating. Its at times like this I like having system to trade, it might be wrong some of the time but it keeps my frustration in check.

Another losing day. Pretty much the same as yesterday - price went just far enough to trigger the order and then retraced.

Loser today - one of those days when I was reluctant to place the trade.

My BB system only gives me trades in one direction. I've not been doing trading it long enough to see how the win rate compares to the standard BB used by Tomorton. Currently I've had 23 trades with 12 losing trades and 11 winning trades with a risk:reward ration of about 1:1.8

Ftse and Dax have both been going up that way - it started when it looked doubtful that Greece would approve the austerity package and that the EU would come up with more money - but then continued when Greece did pass the austerity measures etc. And now Moodys says the proposals for dealing...