Recent content by mike46

I tried a paper trade on Etrade spreadbetting as they appear to have a 3 pip spread. Spread was maintained throughout the big move but loads of slippage on the fill and it stopped me out at a price that does not appear to have printed even on a tick chart... So glad I didn't have my real money...

On the general subject of market signals is anyone out there using the Joe Ross 1,2,3 methodolgy ? If so how are you getting along ? Are any of his books worth buying/relevant for Forex, particularly his daytrading manual.

Things are a bit more subtle than this don't forget there are thousands of traders placing trades through a system at any one point in time. Why would anyone focus on a little guy like you ro me ? I have read a ton of literature that gives advice about placing limit orders around so called...

oh sorry for being a bit of a Murray Walker

ah ah shouting at it really does work. I reckon cable is clear all the way to 9140 now.

Whoever said patience was needed in trading I now realise exactly what they meant I've seen more go in a red light !!

Has anyone had a look at the monthly chart for Cable ? I see a head and shoulders forming albiet with a sharply sloping neckline. Interesting thing is the recent high around 1.9140 was within 3 pips of the first high in the formation way back in early 2004 !!! Daily charts are in a tight...

Hi there, I noticed that your stops and profit targets are about the same in pips terms, sometimes stops are even wider. Can you tell me your % winners? Also how do you cope with the happy situation which does happen sometimes !!! when the market runs away and you could have taken 100 - 150 pips...

Thanks Martin, that was very useful. I wonder though how far away from the interbank rate the forex brokers and futures prices are? I can imagine differences for a few seconds especially during high volatility, but surely arbitrage would take care of those. I think I'm correct in saying the...

Can anyone tell me the advantages if any of trading currency futures V spot through the likes of FXCM, Oanda etc?