Recent content by rossy

HI Guys, Thanks for the info, it's been interesting At least now I know what level 2 is. I will certainly look into to it. I will carry on with my simple method, as I have a mortgage & bills to pay. Is this system any good for short term trading 2 to 5 days? Cheers

Hi, can you tell me what a level 2 cnsole is?

Hi, I use what is called the bow tie system. I wait for all ema's to cross, then be in order ie. 5>10>15. if uptrending. Once crossed, I wait for the first price bar correction. ie the low of the price bar is lower than the previous. This limits wipsaws, but reduces trades. I deal on the Dow...

Hi, I use a similar method, but on a longer scale, used it for some time. I use 1 hour chart with 5,10 & 15 ema's. Same ema's on day chart.When ema's cross on hour chart in same direction as day trend, I enter and I exit when hour ema's cross. It simlpe, but makes me profits. Hope this is of...

Hi, Count me in. I spreadbet on the Dow all the time, so it would save me a fotune.

Hi, This might be useful. Keep an eye on the Iraqi - USA situation. Gold tends to shoot up impending a war and during. Whn there seems to be a conclusion, it then slides back to its norm. It did this during the last conflict Rossy

gold Hi,

not shameless promotion Hi Miki, The way I work is simple. In the past I have lost £1,000's. through Overtrading, trying diffrent stocks and too complicated sysems. I have basically stated how I work on the 'market chat' I have learned that all because a system works on one index or stock does...

Hi Roger M. I use daily data only. Even thougt the market is very volatile there has been a downward trend since 29th Sept. I use the site www.bigcharts.com. each evening, set the interactive charts to Dow Jones 30 index and a 5 day ema. I spreadbet using Finspreads Dow Jones future. You'll...

Overtrading I have now been trading fulltime for 2 years. Originally, I papertraded, everything seemed ok. But I was trading day after day. Soon I foundout I was losing alot of money. Reason was that I was overtrading. No matter what the market did, I bought or sold. My system was very...

spreadbetting for profit Hi, I'm new to this site myself. I have been spreadbetting fulltime now for 2 years. I deal purely on the Dow Jones Industrial Index. It has ben a rough ride. In the early times, I thought I had a system, but it failed. Now, I m making aprox. 100pts per week. I am not...