Recent content by hagadol

Gr8 track, gr8 video.

Getting Past Blocks / Barriers I have come to the conclusion that one of the biggest problems I have in moving forward with my trading and probably non trading issues is finding methods to change my beliefs / ways of operating. I can easily identify areas in my trading which I want to change...

Is anyone here using Fibonacci Extentions for profit taking targets in FX ? If yes, can you explain how you are using and which levels do you consider important. I religeously use Fib retracements to help with my trading. Key retracement levels, 38.2 50.0 and 61.8 seem default, though when it...

Can this area hold a retrace: 1.8949 Fib Sup (1.8896 / 1.9002) 50.0 1.8945 Fib Sup (1.8852 / 1.9002) 38.2 1.8944 Spike Low 1.8940 Retrace Low 1.8936 Fib Sup (1.8896 / 1.9002) 61.8 Good for a long, depending on how it sets up, with stop below this cluster ?

Perhaps a long from late 70's with stop late 50's, depending on how it sets up if it gets to this area ? Suspect the market will range around until the jobs data. 1.8475 Session Low 1.8471 Pivot ======================= 1.8470 MNI Bids 1.8460/70 Res Becomes Sup MAJOR 1.8465 Fib Sup 1.8546 / 1.8334

Remember that although you and I are trading off short time frames, much of the market, including bigger money, is trading off higher time frames, so we need to be aware of what might be important to them too.

I use a notepad file, which I constantly update. A line seperates each entry, unless it is within 6/7 pips of another, then they are pulled together. As price moves I either delete or edit entries. Here is my current list for Cable: 1.8085 MNI Channel Top From Nov 28th 1.8005 MNI Fib Res...

It might depend on what time frame you are trading / using for entries, exits, stops. Even if you are trading intraday, you need to be aware of where major levels are. I keep a running notepad list, along side the charts, with all the important levels on. I am taking entries off a 1 or 5 min...

I see that CMC Spreabet have moved Eur US$ Rolling Cash to 2 pips from today. Will we see Capital Spreads go to 1 pip or perhaps reduce Cable to 2 pips ?

Lets say there is an upward move, like today on Cable. The high, at the time of writing is 1.7726. Prior to the move there was a range between 1.7564 and 1.7601 So what lower value do you use in order to get the retracement levels for this long move ? The bottom of the range or the top ...

Did I read some months back, that Capital Spreads would move to automated fills for Rolling FX ? What is the update on this ? Hagadol

Could I have some feedback on AC Markets ? Interested in the Guaranteed fills and no requests. Also 2 pip spread on Euro spot if you start with a deposit of $50K or more. Have pasted in below there sales pitch. 2-3 pip spreads on all the major currency pairs. Namely EURUSD, USDJPY, USDCHF...

Bloomberg suggests share suspention and SEC investigation.

Remember that the roulette wheel has no memory, though the market does.

Stay away from eSignal for FX. They have had many problems with theie muliple feeds, this is even spoken about by their own moderators on their own forum.