Recent content by hirnant

Thank you Oiltanker

Hi Using Supertrend to develop/trial system on hourly charts on cable. Does it repaint and if so how many periods have u seen it redo? Many thanks? BTW - did you forecast 15000 today? :-0

Rookie.....me too. 18 months and still no consistency. Spent way too long staring at 5 minute charts, which is why this strategy appeals to me. As ever, it's all about entries and exits - blinding obvious that one really, but notoriously difficult to do. I will update you with my progress.

Hmmmm. I go t stopped out on cable as well, although currently 50 pips up on the Eur/Yen. I too am shorting the cable based on news and your settings. Have you tried going down to a 1 hour candle to get an early indication and then moving up to 2 hour, etc? As it comes to the end of a cycle...

Have you looked at Eur/JPY with the same settings?

The Bollinger certainly adds extra confirmation and helps with the timing. I assume you are waiting for the candle to close above or below the band?

Hi Boletus Thanks for the info - I've just set it up and looks good. Do you set yourself a TP of 200 pips or do you wait for the market to turn? Sorry I mean the Stochastic....not the market!!

3am - 11/12/09 - on a 10 minute chart. The stick moved 40 points in that 10 minutes. What would have caused such a shift? Is there a market that opens at 3am From my very limited experience it seems cable doesn't move much overnight during the Asian watch and I wondered what would cause to...

Thanks Black Swan. Do you mind if I ask what that target is? Or is that rude?

Despite trading for around 18 months I have only recently started trying to form some sort of order and strategy to my trading and I would be interested to know if any of you set your self a daily pips target? If you hit that target within the first hour of the day do you then walk away and not...

Snap!! I never learn.....someone gives me a template for success and what do I do? Fiddle with it! Duhhhh.

One thing this strategy has taught me is to stop staring at the screen. In other words set an entry point, SL and TP and walk away. That way you do away with emotions and just leave it to your back testing and the market to make the decision. Luckily I got in at at about 6.50am this morning and...

Thank you Claudia for a great strategy for a positive start to the week. I woke at 6.45 set my entries, bagged 20 pips and was going back to sleep by 7.30am. After a year fruitlessly chasing the FTSE this is pips...20 in fact! Of course, I realise it ain't all plain sailing and the most...