Recent content by Benjam1n

Hello, I'll soon be taking a numeracy and financial exam in the Bloomberg building in London for a chance at working in a trading company. I'm just wondering if anyone has any useful information / resources for me to revise or do practice questions. Any help and advice would be great as i'm...

A bit of an idea i had was to identify the first two ducks (4hr and 1hr); and say for instance they were both above the 60 sma, i would go onto the 5 min chart and buy when price hits the lower bollinger band, and take profit when price hits the 60sma or the top bollinger, maybe which ever comes...

Heh, no problem :). Guess I'll work it out on my own! But i think i'm simply going to use the 3 ducks system on its own for now, people seem to do well from it.

Would you mind sharing the other method that helps entries? Or if it's been explained somewhere else could you direct me there? Much appreciated!

No good?

Ok so i found this method on another forum posted by someone called 'tkimble', seems interesting but is a few years old, just wondering what you guys think of it? I'm thinking the SL would need to be altered to account for changes in volatility. Here it is:

I was thinking about using daily pivot points as targets, what do you think? I agree trailing stop are great... but as you say you can get stopped out a lot lower than if you wait. I think my preference would be to manually move my stop loss up once a feel momentum is slowing or if i'm quite...

Thanks a lot for the help. Really cleared things up. I think i'm going to commit with this strategy. Do many people use it as their main strategy and trade with it full time?

Hi, thanks for this system, looks great and made for a good read. Just one question though. If the first 2 ducks have been lined up for a few hours, and the 3rd duck on 5min chart has already passed the previous high, would that be a missed entry or can you still enter? Thanks!

Perfect example of this method on the 30min chart for EUR/JPY today. Pin bar developed at 8:30am and hit the target of S1 by 10am. Brilliant.

I read that when a price hits it's lower or higher band it's a sign of being under/over sold. So does anyone scalp some pips each time a price hits the upper or lower band? Is there any other info you could give me on this? Thanks.

Would you be able to explain the difference between spread betting and what oanda does? Thanks

Ok thanks, very helpful. Should i stick with spread betting or move to oanda?

When you refer to instruments what do you mean? I think i'd like to trade either dax, ftse 100, or forex, not too fussy really - which would be best for my capital? I like the idea of scalping as it seems to be pretty profitable and i understand it better than any other methods - any...

Ok i'll give one of those a go... It seems that a lot of people say that spread betting companies are somehow evil and aren't worth dealing with, i was attrracted to them as i didn't need much capitasl. So the question is; igindex (where i have an account) or OANDA.. How much income should i...