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- learnerdavid replied Jul 12, 2010
Obviously I need to take into account when I can devote uninterrupted time. I am trading the daily charts, only really looking at other timeframes when I am trying to find good entry and exit points on a trade I am already moving in on/out of. So I ...
- learnerdavid replied Jul 11, 2010
My own answer to this question is 9am - 4pm EST. Too take advantage of the overlapping of the UK/US trading times. However I am asking because I am not at all sure that answer is correct!
- learnerdavid replied Jul 11, 2010
Care to share? Please
- learnerdavid replied Jul 10, 2010
I just wanted to note that I went aganist my own rules here and decided to let this run over the weekend. Why? 1) I set that rule for the wrong reasons. Believing that I am leaving myself open to nasty jumps, and while most trades will still be ...
- learnerdavid replied Jul 10, 2010
My understanding is that volume is not very useful for forex as the indicator will only show the volume for your broker and will therefore be inaccurate.
- learnerdavid replied Jul 8, 2010
A quick update on the swissy trade I am looking at. Since I posted it has entered another bearish period, this seems weak, but could still end up with a bearish rally. If it turns as I think it will, i'll hop on for a buy. If not, there are plenty ...
- learnerdavid replied Jul 7, 2010
Making any short term target like this is foolish. Do not try and make money, in any amount. Instead try and make correct decisions. I know that sounds strange but I believe that it's true. Make correct decisions and you will make money. But if you ...
- learnerdavid replied Jul 7, 2010
Well, still watching this develop. I also added a seperate MACD for other periods (40 80 10) to give me a second confirmation. I was also looking at adding some volume indicators but after reading up it seems that these are pretty irrelevant to ...
- learnerdavid replied Jul 7, 2010
Does no-one have any ideas on this
- learnerdavid replied Jul 5, 2010
So, back to the diary. Still looking at the USDCHF pair. As you can see the downswing I thought was coming at the start of the diary came through nicely for a good few pips if taken. I ended up not taking the bulk of it as it came after I went on ...
- learnerdavid replied Jul 2, 2010
Hi everyone I didn't forget about this thread. Rather a combination of two things kept me away for a few weeks. 1) Went on a much needed holiday for several weeks 2) Studying Anyway. I am back and want to look at where I left off and ask some ...
- learnerdavid replied May 30, 2010
$100 a day? Easy, deliver pizza. It's easy, largely skill free, money is pretty consistent and guaranteed, and you get fringe benefits (free pizza obv). Do not under any circumstances try and trade on that basis. Its not possible and you are walking ...
- learnerdavid replied May 28, 2010
Lastly on the subject of poker Caution in poker will often do more than lowering your win rate. A player who is too cautious will likely not have a winrate, unless you include losing as a 'win' rate. To cautious is a pretty much certain route to ...
- learnerdavid replied May 28, 2010
Yes, I am currently reading a couple of books focused on indicators, this should hopefully help me learn more about what works for me, and then obviously I will need to drill down more into individual ones. A 10k account, buying 1 lot. I do not plan ...
- learnerdavid replied May 28, 2010
OK, so I went a good few pips ahead and decided to drop to stoploss at breakeven and take the freeroll. It dropped and I stopped out with no loss. I'm not done with this trade though to be honest. Today looks like it will form yet another cross, ...
- learnerdavid replied May 28, 2010
Yeah, I think I have too many useless indicators. Just trying different things and seeing what works for me Right now the trade is hovering right around resistence set by the last week. I am watching it to see if it will break through and move ...
- learnerdavid replied May 27, 2010
Yes, I think I have certainly missed a good few important factors in this trade (finding out what I missed is exactly the point of being here!) and I am still definatly debating closing it early. If for no other reason than I would like my first ...
- learnerdavid replied May 27, 2010
OK The trade was entered. Before entry I made the following alterations: Set sp lower. I felt that it was too high. The previous days had risen up to 1.16198 - Any rise above that seems likely to continue up. So I set sp there. Set sell order lower. ...
- learnerdavid replied May 27, 2010
Hi Thank you very much for your comments. Very interesting stuff. As it is I don't think my sell order is going to get hit anyway. I planned to close the order at the end of US trading and am going to stick to that. In order of importance in ...
- learnerdavid replied May 27, 2010
Hi Yes, I agree that fibs based pinbar stoploss is a little too specific for this EA. It is something I will look at myself, and of course share if it doesn't happen on these forums. In the meantime your work so far has been excellent, and I look ...