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courtneywild replied Jun 7, 2012That's me for the week and in fact three as holidays beckon... + 25% for the week so happy with that. Had to do some serious DD management but it worked out ok. Used larger lot size to hedge .50 and closed out some loss trades when hedge trade ...
Pitbull Trader with Position Building
- courtneywild commented Jun 6, 2012
"debt crisis tightens its grip on the euro economy and threatens to hurt global growth." Is the writer having a laugh... "threatens"!
Draghi May Move Toward Rate Cut as Debt Crisis Worsens
- courtneywild commented Jun 6, 2012
So just to clarify.... they won't pay people salaries or pensions so the people can by FOOD, keep their electric on and basically live, "Sorry son there's no food this week ( in 21 century EU member state!) because you see son, our money has to go ...
As Taxes Dry Up, Greece Warns of Going Broke
- courtneywild replied Jun 6, 2012
Hi SmartGXL Yes sorry I overlooked that. If my basket is in DD by an amount I am not prepared to cut... I do leave it open to see if I can trade out the following day. I do close baskets in DD if the amount as insignificant. Good spot SGXL.
Pitbull Trader with Position Building
- courtneywild replied Jun 5, 2012
I don't use RSI it would mean a chart! This is how I use samir... better when in trend either short or long to trade. Pairs showing over 30 to 40 have start of momentum 60 to 90 moving strongly, 100+ momentum.
Pitbull Trader with Position Building
- courtneywild replied Jun 5, 2012
Practice is the one word that this system revolves around. Chips said it a million times (well not quite a million) Demo demo... I always run demos regardless of live trading. When you practice you will find the nuances. Plus control GREED. Its easy ...
Pitbull Trader with Position Building
- courtneywild replied Jun 5, 2012
KISS — I think the best basis for trading this is to remember to keep it simple. Open a basket Wait Trade the bottom pair when it moves into profit with higher lot size Add to it, if momentum demonstrates its good. Control DD on top pairs. Set ...
Pitbull Trader with Position Building
- courtneywild replied Jun 4, 2012
Hi SmartGXL Nice work. I use the profit tracker to keep an eye on% DD. You can hedge with a larger lot .10 or .20 .30 etc and this can go into profit and build quicker. Then you can close the DD trade and the hedge trade at BE. Also if the hedge ...
Pitbull Trader with Position Building
- courtneywild replied Jun 4, 2012
Hi Yes around 7am London. Just opened new basket Also I do not consider spread when opening basket at 0.01 lot. Cheers. CW
Pitbull Trader with Position Building
- courtneywild replied May 29, 2012
Hi Love the name by the way... HughBriss... so funny. Anyway Years ago (about 10) I had a system similar to this, I can't remebber where I got it from but its so similar its uncanny. It worked really well for me for some time but I was new to FX and ...
Simple Fibonacci Trading
- courtneywild commented May 24, 2012
That is so funny rofl.
CITI: 'Greece Will Leave EMU On 1 January 2013'
- courtneywild commented May 23, 2012
Insightful... wow... never thought for a moment a Greek exit would cause problems... now that is news... They wont exit they will get more money and take Germany down with them.
French PM says 'Grexit' would be catastrophic
- courtneywild replied May 21, 2012
[quote=Fx_Pipin;5684071] Hi FX pipin The DD in the basket is not the real issue as with 0.01 lot it never amounts to much. The DD that is the challenge is the bottom pairs you trade at higher lot size. So DD would be the issue in the live account... ...
Pitbull Trader with Position Building
- courtneywild replied May 21, 2012
Hi Yes trade to bank profits and increase equity. Have a set DD maximum of account 10% -20% whatever your risk and capital dictates. Using the DD as overdraft like a business, this has been posted about someway near the start of the thread and is ...
Pitbull Trader with Position Building
- courtneywild replied May 18, 2012
Hi Practice and you will find what suits you best. For me I like to renew the basket everyday.... I close it out at end of day and with such small lot size .01 there is not much DD to absorb and sometimes a profit. I prefer to have a fresh basket ...
Pitbull Trader with Position Building
- courtneywild commented May 17, 2012
So lets get this straight... I want your money.... I don't want your terms for lending it to me... No sorry... I have taken your money and now I don't want your terms. mmm Its all just one big game and people suffer not the political elite. It won't ...
New French Fin Min: government will not approve EU fiscal compact as it stands
- courtneywild commented May 9, 2012
They wont leave (yet). It was let slip yesterday on the news when a spokesperson said something like. "They cannot force us out of EU, we have to choose to leave, and we wont as its our powerful last bargaining tool"..... think about it!!!!
Here Is Why Greece Won't Exit The Euro - Deutsche Bank
- courtneywild replied May 9, 2012
Alex Closed last 30 day demo +64%. Current 30 day +17.94%. So... so far good. The problem comes if you increase the lot size to much, it easy to slip into doing this to see the account grow faster. I have done this and have had trades hit large DD. ...
Pitbull Trader with Position Building
- courtneywild replied May 5, 2012
Hi Its not about trading the basket as a basket! Its using the basket as an indicator (with 01 lot) you trade the momentum pair. Hope that helps CW.
Pitbull Trader with Position Building
- courtneywild commented Apr 26, 2012
So I read this in this article quoting Hollande. "His aim, as he states, is to avoid the major risk for the EU economy, which is to remain in deep recession because it does not release funds for businesses." In France even if you give funds to ...
Hollande: If elected, I will lighten the burden of Greeks