Recent content by roguetrader100

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    Optimal Risk .vs. Reward Ratio on FX trades

    No bro, I apologise for that. My reply was certainly not directed at you as I have appreciated your help all along. Your post only came onto the site after I had submitted my post therefore came in after yours. Sorry about that. Yip, I would say that our techniques are very similar but I just...
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    Optimal Risk .vs. Reward Ratio on FX trades

    Fair enough comment. But if you were as good a trader as you make yourself out to be then you wouldn't have the time, in between sipping your Martinis on your private yacht, to bother yourself with pitiful traders such as myself. This is an anonymous website so why on earth would anyone want to...
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    Optimal Risk .vs. Reward Ratio on FX trades

    Thanks for the advice. Yip, I would say that judging by most of the replies that I've received so far that I've kinda lost the plot a bit ito trading my own account. On the ZAR thing, I don't actually trade the ZAR for my own account but rather for one of the smaller banks here in SA on behalf...
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    Optimal Risk .vs. Reward Ratio on FX trades

    Guys, thanks for all the replies. It is very much appreciated. Cheers and all the best.
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    Optimal Risk .vs. Reward Ratio on FX trades

    Thanks for the message. Now we're talking from the same page. Look there's no doubt that it's a great strategy as I basically use it in my current job and it works well. The diff is trading your own cash and to be honest I'm perhaps a little out of touch with where my stops and my exits should...
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    Optimal Risk .vs. Reward Ratio on FX trades

    Those dirty buggars are cleaning it up down here. They quote the ZAR on a 5 cent spread (500 pips) to corporates dealing R 10 Mln plus per annum. The smaller guys get taken for about 25 cents on the USD/ZAR. It's criminal but the volatility is huge and good if you get it right. There's around...
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    Optimal Risk .vs. Reward Ratio on FX trades

    Essentially what I do here in SA is trade the FX portfolios of large corporate clients. It's effectively the only way to speculate on the ZAR due to exchange control regulations here. Only designated market making banks (and there are only a handful) are allowed to make a market in the ZAR...
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    Optimal Risk .vs. Reward Ratio on FX trades

    Yip guys, here's a question. How far away from support/resistance levels would you place a stop loss ito pips? I always place my trades off support/resistance levels with a stop on either side. The market has been pretty whippy of late with a lot of false breakouts (in terms of short term...
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    Optimal Risk .vs. Reward Ratio on FX trades

    Right guys, I wouldn't normally be placing a post desperately asking for help and advice but here goes : I've been trading FX for my own account for around 2 years and haven't made or lost a cent. Although I place good trades I can't seem to make any cash. Here's my story, I have this idea in my...
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    London Trading Jobs

    Thanks for the info. It is appreciated.
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    London Trading Jobs

    Sorry to disappoint you chaps but I've already checked the LIFFE Membership list, internet .etc. and have managed to put something together from that. The thing is that I was looking for something new, something extra, something useful that I couldn't just find on the net .etc. so Robertral stay...
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    London Trading Jobs

    Does anyone have any advice for finding a trading position in London, either at one of the investment houses or perhaps even the prop trading firms? I'm looking for actual contact details of Human Resources, Head of Treasury, Traders .etc. to whom I can send my CV. Any good recruitment agencies...
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    No proof of trend being friend in FX

    roguetrader100 I would agree with some of the replies to your original message. An analysis of one month's data on the EUR/USD is a joke. Take at least 5 major currency pairs and go back at least 10 years. To be honest with you though, you are probably wasting your time trying to find the 'holy...
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