Recent content by richy96

I guess the answer would be 'whatever works for you'. Personally - about £800, most of that in the last month or so when I decided to get more serious about trading. I've certainly learned a lot from the 'investment' in training, but too soon to say yet if it will convert into increased...

Hi guys I'm finding an annoying limitation with my broker - for some reason I can't place a Buy or Sell order within x pips of the current price. This is messing up some strategies I am testing that look for a momentum change then givce me an alert and wan't me to place a buy or sell order to...

Cheers guys Annoying though isn't it. Rich

Hi guys It's the first time I really noticed this happen... I had an open position on CADCHF yesterday (Friday). Regardless of the merits or otherwise of the trade, price had not really gained any momentum in my favour but for that matter it had not really moved against me either...

@tim, dbphoenix No worries, I'm not thinking you guys are 'having a go at me' if that is what was in your thoughts. OK, I did think after posting that 'the price bounced of a line that I drew' is the wrong way of putting it. Of course I can understand the fact that price reversals would...

Oh and also - I'm not at all certain what is the difference between the 'swing points' you mention and the resulting trend line plotted from them (maybe when I read the above link you mentioned it will clarify this)....... But I have proved to myself over and over again I can draw a line on a...

Of course I will - why would I not want to pursue it? Reading.........

Ahhh I see now Thanks for the links Tim - didn't find the one about indices particularly useful to me (though intersting) but I loved the one about Technical Analysis - lots of points of view I had not come across before that inspire some deeper thinking. From there I found the link to the...

Thanks Tim, I will read those and congitate. @dbphoenix Didn't get time to post this reply as I was busy last night, I do some DJing as another income stream and of course it was halloween. OK so from your reply - are you basically saying in your opinion that Technical Analysis (indicators...

Yeah I know when I trade FTSE CFDs I am trading futures which are dependant on 'direct trader activity'. I didnt' at first know that until why I wondered the price I was seeing for the FTSE was not the same one on Sky news. Having looked at the 'real FTSE' charts though, it appears trend lines...

I know that sounds like an odd question but let me explain. As I understand it, technical analysis is basically a self fulfilling prophesy. Forgive me if I am wrong, but many many traders look at the same charts and see Support and Resistance levels, trend lines waiting to be broken, double...

Why does Technical analysis work on indices? sorry wrong thread

And this is where my 'beef/problem' lies Where is the assurance from my own MP and/or the holy tory governement that they will not bargain away my rights on a whim to suit themselves? To answer this one way or the other can anyone, Timsk etc point me in a (googled) directionthat explains...

Guys - I was a remainer. Since the Brexit vote I felt compelled to follow my heart and have now got a second home in Gran Canaria. Apart from the weather being far superior than anything this country has to offer, I'm finding it cheaper to live there and there are plenty of opportunities to...

Hi guys Just popping in for the weekly update I'd like first to chat about those short Nat Gas positions that I had open which I mentioned last week that were causing me a big problem If you look at the attached chart the problem occurred at point A when the weekly Nat Gas report came out on...