Recent content by jesteruk

Hi There Out of interest have you done a lot of back testing on this? What makes you think that the system will win overall and that Sept 2010 was not just a fluke?

Re: Our Jack & Technical Analysis Interesting article. Only question is those pullbacks on the illustration charts are pretty clean with most days having lower highs not giving many false signals. Unfortunately when you look and most charts pull-backs are messy with many days taking out...

how long have you been using this system and how would we know its not just in a good phase with a huge drawdown ahead?

How much did you want to pay? It's not so good without access to his site

Hi again. Thanks for your work and the time. Just wanted to come back to what I mentioned before about the reasons. The chart images look compelling but I would never be able to use something without knowing in my mind why it works, in order to have the confidence to trust it. Would be...

Steele. Thanks for the in depth posts must be taking you a lot of time to write. I have a question. What causes the cycles? As it we know that in order for price to move people need to place trades. So how does this relate? Surely no matter what cycle is going on, if there is a big news event...

I thought the whole point of Cameron walking out of the new agreement on Friday was to avoid that very tax? He recognised the affect that would have on us and walked away

Probably less hard than your making it. First off what computer? Remember computers don't think. Most people don't have any more information than you do. They sit there with a chart and news feed and place trades. So forget the other crap. What makes people place trades? Is it because the price...

Have a think about areas where there is a reason for people to trade and push your position in the right direction. Maybe the break of a previous high or low. Just taking any random small move will put you in the poor house! Yes you would only need one in 10 but a 5 pip stop would need very...

By the way to qualify what I just said 5 pips is nothing. Just noise, even one large order can move price 5 pips so I would say there is no momentum. How about 50 pips with special conditions?

So your basically saying as soon as price moves by 5 pips your jumping in hoping it moves at least another 5? Remember at least 1/5 of this will be taken up with spread. The question you need to ask is why should it work? Is there any reason why after prices moves 5 pips that more people will...

If it was as easy as following signals from a moving average don't you think everyone would be rich!? It doesn't matter how many parameters you change I promise you it will never 'work' how you want.

for anyone who is interested ProRealTime free charts (daily and above) have the mansfield relative strength indicator built in

I see your back to advertising OANDA again tonight!

You took an equivalent £85 grand position size in a market with only £1000 in your account and no guaranteed stop! Unless this was part of a larger account which you were keeping elsewhere then I have to say your actions were to say the least not very sensible! You were lucky it was 100 points...