Recent content by shorty

Be very careful trying to scalp with large amounts on CMC. The "official" line is that scalpers are welcome, but if you start to win consistently they've got too many weapons in their arsenal. I've known a few people over the years to build up a pot this way..but in the end just about everyone...

I couldn't handle the next generation platform and it's constant disconnections ... trading is stressful enough without that on top ! Took nearly THREE weeks to get my money back from them...one excuse after another for not paying. Funny how it takes seconds to fund your account, eh? Would not...

Yup, that is a great suggestion and would normally be the most logical solution. The reason for changing was because I am in a position to spend more time on trading. I am willing to increase position size considerably, but I thought it would be better to smooth out my equity curve a bit as I'll...

over the past few years i've traded a simple system on the dax..fairly familiar stuff..wait for 10ema to cross up 30ema, buy pullbacks to 10ema and 30ema and hold for x points or cut when price closes a set amount below 30ema. Been ok and I'm generally pleased with 25-30% pa. I've got a bit more...

Hi RumpledOne, I just recently started to read through this thread. Covered the first 25 pages or so when u were trading mainly AUD with the lines at 25 pip intervals. It seems quite a nice simple system so I thought I'd fastforward to recent posts to see how things were going. Are you using a...

This is the kind of day that's pretty dangerous for the "oil up dow down and vice versa" argument. Oil is up 10 dollars since Tuesday morning. With almost a 10% pump in oil u'd be expecting a fair fall in Dow, but it just wouldn't fall. Actually, oil bust some fibs today and might go for the...

Ok, I kept it polite but I kinda thought I'd get a numbskull response :thumbsdow Maybe you haven't been trading too long, but the Dow was 7500 in 2003.....oil was c $30.....surely they can't both have risen ??? I've kept it nice n simple for ya !! It's a bit more complex than YOU obviously...

Not knocking your trading style at all. Crude is big news at the moment and everyone is talking about how it has a great inverse relationship to YM, Spoos etc.....but it's a dangerous presumption to make long term. A quick glance at a Crude chart over the past 5 years or so will show u that...

Hmm, not so good today again. CMC had another stop-hunting wild swing after 4:30 yesterday. Just narrowly within our range of 6058 to 6147, but if neither of these orders were triggered then we were definitely long just after 8am at 6147. The short trigger was 6085 and CMC just touched 6083...

I had a look to see how the system worked over the recent volatile period....and it's done pretty well. At the start of the volatility on 27/02 a short would hv been triggered not long after market start and held on for +116 points. If we stick to the plan and place orders for 28th at 4:30 on...

Ok, I should hv looked at ur formulas first to see that u had factored in for a double hit scenario :o

Hold on. Am I missing something obvious here or is the spreadsheet seriously flawed ? From the spreadsheet, how have u determined whether u go long or short on a day when the high is above your buy trigger and also the low is below your sell trigger? With historic ohlc data u can't possibly...

I take it this isn't your main source of income, going by the trades you've posted !! Don't mean to be rude, but a bit of explanation about why you are selecting these particular trades would be helpful. edit - i see you are also running a board on ES trades.....are you pairs trading the two or...

Yeah, that could be right....but I think I'm better just focusing on 2 instruments, even if it's boring. I used to get sidetracked and ended up trading oil, forex and the asian indices. I know now if I touch that damned Aussie 200 it all goes tits up !!

No, I don't use anything to chart the composite.....just a note of how far away from the 20 and 50 day ma each index is. Haven't tried options before.