Recent content by hazza147

Hi Nelsamatic, I'm currently staying in London just finishing an internship with an insurance company. In my spare time though I've created my own FX strategies and currently have these trading live, fully automated on a cloud server. To be honest FX trading is my passion and ultimately where I...

Above trade paid off. In the end it was the SELL stop order which was triggered and it netted the 90 pips equating to a £460 profit (Standard Contract). Just think if you could get one of these trades every day...! I'm going to be doing some more research on the cable after dinner. Cheers, C-GA

Its actually funny you should suggest this book as I bought it off amazon last Wednesday and I'm waiting for the postmen (comes about 1PM) to deliver it. Also got Liars Poker which apparently is a good read as well but isn't based towards trading strategies. Looking forward to that soft thud...

Yes, I've done a bit of research on them. I can often see the WINS orders but they are always far down in the order book. Would I be right in saying that Market Makers don't always use their name when it comes to buying and selling? Also checked out the SEAQ screen for AIM shares and it has...

It would appear that it was the Stop and Reverse trade which has played off. The failure to gather momentum after breaking the 1.9669 resistance and reversing at 1.9688 level suggests to me that it may range between the 1.9700 and 1.9600 levels overnight. What happens tomorrow morning will...

Cheers Guys, Currently trading with IG Markets with CFDs and Forex. I'm yet to experience any freezes on my screens but then again I haven't really spent a lot of time on the screens yet. I have been watching the Level 2 Data screens for HBOS when it went up around 10% on Friday. Was...

Cheers for that DB. Giving me some good thoughts for my long term prospects. What I love about Trade2Win forums is the fact that the advice you have just given would cost a fair amount of money from a good economist yet because of you its free for all the Dollar speculators to see! You have...

Ahhh, Okay so you're going against my knowledge! In that case go put your money where ur mouth is and we'll see who comes out best. Ashame really I'd assumed a trader like yourself would be more beneficial to a thread, and provide a different dimension to the analysis! Cheers, Anyway! PS...

Is that based upon a breakout of the bearish trend line? I have suggested doing this in my stop and reverse strategy. If not could you possibly explain as it would good to have an alternating opinion.

Also the declining ADX should mean that we should focus our attention on the Oscillators for Overbought status. The Stochastic (14 3 5) is already starting to head towards our Overbought level and hopefully a signal from here could give the trade a bit more of a character.

I have based my trading moves upon a mixture of both Elliot Wave theorem and Fibonacci indicators. Thus my reason for placing the limit order at 19535 (50% fib of 19669 to 19411) as I feel from past experience that this should be the retracement from the end of Wave 3 then, Wave 4 with any luck...

To be honest its ProRealTimes User Friendly Interface vs MetaTraders ability of manipulating charts through externally designed indicators. I love the ability to add indicators designed by other successful users to my charts and due to the new factors of Web 2.0 it is becoming increasingly easy...

Right the Limit Order is on hold @ 19535 ready for execution. Lets wait and see!

Yeh, Fluke or Skill?!

Hi Guys, Providing the GBP/USD doesn't break back through 1.9411 I'm favouring a move back up to the 50% Fib of 1.9669 to 1.9411 @ 1.9535-40. Then from here I'm going to go short with a stop loss above the current falling trend line at around the 1.9570 mark, if the stop loss is hit I'll...