Recent content by Prestige

I haven't heard of them, are they ECN? Dealing desks will always slip you. I use the 5min charts because usually the 1min are too volatile. If you are looking for a good entry you can always go down to 1min tho. There are some good articles here on scalping if you look around.

I do a bit of scalping, which broker are you using because some slip you and do other penalties as they don't like it on their platform.

Hey James, I have been here for some time. To be honest in my experience most EA's don't work due to large Draw downs and risk. When the trend changes they generally can't handle it. I have heard of independent developers creating workable EA's but they don't share them and constantly need and...

awesome buddy!

hey Benj1981, glad to see you didn't listen to the haters in 2012 and that you aren't now! I had the same thing buddy and so far I have made it so hey. How is your growth at the moment? How are you going on your journey? Keep at it man, trust me its hard but its achievable.

Success :) Well.. After re-reading my thread it is amazing to see where I started and how my attitude has changed. To update my $10,000 made a bit of profit but the current strategy I was using became ineffective with consolation, basically my balance reverted back to just under $10,000 and due...

Okay so at today's open we saw a bit of momentum but nothing for me to into yet. Looking at the Cable the market gapped up and is continuing up as we can see 6244 should act as R for now if it bounces off then then a lower move into european open. We can see this in the first attachment...

Well I mean I have been doing alright for the past 8 months, I hope you are right and my streak continues

Oshunt, It is good to see you are willing to get some experience trading outside of the university. I trade mostly currencies and was in your position about a year ago, I would recommend looking at my first post in my trading journal as it shows you what can happen without the right kind of...

Hey guys, It has been over a year since I posted in here and it is amazing to see what a beginner I was when I started this. Thanks to all your kind words and help I have been trading profitably for the past 10 Months. While I have not yet made back my original losses I am confident that in...

Or move up the Stoploss as someone suggested to +1000 pips so you can still run your winners but your cutting your loss quickly if it reversed up

Interesting thread, I would say however that a 1550 pips profit is running your winners. I mean that is a lot of pips as opposed to cutting your losses at say 50 pips. Thats almost risk to reward 1-30. Therefore I think this could all work out but I think Nigel should at some point just take the...

Nice work! If your right about the yen we could see some good pips coming our way once it reaches .78 :clap: I have a lecture at 11 but I will give you a call at around 12 my time :)

im going to try a long on te euro/usd tomorrow

your right, the support and resistance are very reliable