Recent content by knight_trader

In answer to your questions: 1) I worked within the banking environment but not actually trading myself. I certainly benefited from my experience but learnt much more when I went it alone. In short I think it would be hugely beneficial but not essential. 2) This one is a little more...

I use these charts through IG and have had similar problems since their "update". The charts on Windows work for a little while then die, especially when switching timeframes. On my linux box they don't load at all. IG have said IT-Finance (the guys who run all this) are aware but no idea on...

Taking a spread bet is legally classed as gambling and the legal standpoint is where the similarity should end. However there is a huge stigma attached to saying you are a trader using an SB rather than a broker, the reason being that a lot of people have "gambled" their money away. The reason...

Here are my few simple thoughts on the SB matter: 1) I never keep too much money in the account....the likes of CS of Finspreads are not the same as Barclays or even <cough> Northern Rock. Once I make a certain amount I take it out, simple as that. If I want to open a larger position and need...

Think I just became suddenly cautious of other people reading what I as writing. I trade the FTSE intraday and have done for the last year but starting to try out a new method has me a little too eager and I was worried other beginners may be picking up on my bad habits. Like you say though...

I couldn't agree more and my apologies as I'm new to the pin bar stuff so seeing them everywhere.....even before they are born. I was on the verge of going and deleting the last post actually so thank you for writing this comment. I need to kerb my excitement and apply a little more patience :)

Will be very interesting if the current hour continues to form a second pin as it looks to be at the moment....early days of course. 3pm figures should help give a little more direction.

Very good point, I was merely trying to point out the occurrences of the setup rather than all the trades that should be done. TD - Interesting to know what you made of EURUSD today, was that a good setup that just didn't work or one you wouldn't have taken?

Agreed, the USDCHF short someone mentioned earlier is looking good too. Had a couple of hourly inside bars but just started to break lower...although it has since seen a retracement.

Similar targets here....and she's finally starting to move :)

Yep! Here's a chart...

My first advice would be to get the 50k out of your Capital Spreads account, if nothing else it's earning you zero interest but more importantly I wouldn't trust CS to sit on £10k of my money let alone £50k. You have to ask yourself how safe is that deposit? Anyway that is purely my opinion...

Gbp/jpy As mentioned in the PM I started messing around on GBP/JPY, putting in S/R lines and on the hourly chart saw what I believe to be a pin (am only on about page 27 of this thread). Thought I'd jump on for a very small amount as a test trade. I've highlighted it on the attached as...

Firstly thank you to everyone's for their kind responses, makes it worthwhile slaving over a hot keyboard ;) TD? Do you by any chance mean Trader_Dante? The only reason I ask is that I'm currently pouring through his 115 page thread and as a result have taken a *very* small punt on the...

Hi everyone, I am fast approaching my first year of trading full time and have learnt an awful lot. I have been very quiet on these forums but now felt like I wanted to share my experiences with people in the hopes that it may help some others. I have by no means "made it" but like to think...