Recent content by jpwone

Hi John yes, I've neglected the site. Its largely been a time thing but a fair amount of laziness on my part must be admitted as well :) Large parts are still relevant and whilst I no longer use the techniques (as described on the site) they still form a useful starting point for someone...

sorry CM :) as soon as tradesmart drew attention to it I could not resist

I think the problem is actually deeper than the failure to honour the guarantee they have made. If they have a problem with their guarantee then a simple solution would be to have a check box on the trade or order entry screen which allowed you select the option of a guaranteed stop or order...

I spoke with FXCM about this about 6 months ago. At the time they said they absolutely guaranteed all stops and orders. I asked how they could do this and was told that they are of a size that internal liquidity was sufficient to ensure that they had no or little exposure ie. buy and sell orders...

Go short for the same amount ie. if long at £1 per point then short at £1 per point. This will close the open position.

The Ronnies trip Rules Take 4 young children to Ronnies. Order for them and yourself. Must be done at lunchtime in a city venue. Points awarded All of the following will add towards the maximum possible score. Finding somewhere to sit 4 children and yourself. Bonus awarded if it is at the...

HI DITD Hedging first. To hedge a bet the spreadbet company can take the same trade in the market ie. if you are long (an up bet) they will buy the actual shares and if you are short (a down bet) they can go short in the shares. This means that they have the same position as you and their...

LOL Re-arrange "bargepole a touch don't with". Lets have a guess what 'audited forecast projections' are. Ooops, thats what they are - a guess. Best way to hugely minimise risk with this one is to pass it by. Oh, and just in case anyone thinks I'm being a tad harsh, I have lived and worked...

For some reason I always smile whenever I see that quote. :D In essence you need enough capital to safely give a return which matches your living requirements. In my own case my requirement is very small (my desire is a fair bit bigger but the actual requirement is small). With the exception...

Opened an account with CS a couple of months ago. A little tester account. A quick telephone call for a chat and some questions before I opened the account. The telephone was answered promptly and all questions answered fully. I was not rushed at all and even had time to chat a little. Try...

Fair enough :) It probably needs to be taken in context with the presentation as a whole which was based on using the bias to your advantage. Not much point in talking about the bias and then not being able to show it :)

Hi rosso what it is illustrating is something you can see regularily when trading the Dow Daily Cash. The example given was based on the SB company swinging their bias from positive to negative. They may do this in a couple of moves but it would still be true that the actual had moved 1 point...

Hi Pitbull and all I thought my input had been condemned to history :) I still trade this and there is a fuller explanation of the rules which go with it on the web site (the address is the presentation). I have not updated it for a while but it should be a good starting point for anyone...

19.15 was the Fed rate announcement. The market was very choppy and volatile. FXCM pricing reflected the underlying choppiness. Movements of more than one pip are not unusual in a busy market.

Now I know why they have second-hand shops. One mans cast offs are another mans suit. :-) I use EMA's to trade Forex. I don't trigger a trade on the cross but do use the EMA's to indicate which way I should trade (long or short) after the cross. Which MA's you use are really defined by the...