- Search Crypto Craft
- Hugh Briss replied Jun 4, 2011
I want to say that I completely agree with this. Demo trading is useful when you first start but to really get a feel for how you will handle the pressure of putting your own money at risk you need to use a live account and better to risk $300 than ...
Trading Made Simple
- Hugh Briss replied Jun 4, 2011
This is usdchf. If you need ma's to tell that this is in a downtrend then you're in serious trouble but it does illustrate my point somewhat. These ma's won't always be going the same direction all of the time, sometimes daily will be going against ...
Riding the trend easily
- Hugh Briss replied Jun 4, 2011
Ok, so my interpretation of this method includes using 30,50 and 100 sma (close) on the charts to determine clear trends and then cycling from weekly down to hourly to look for the trades that are only going in the direction of the main trend ...
Trading Made Simple
- Hugh Briss replied Jun 4, 2011
Hey man, don't give away my trading plan! LOL
Can you intentionally ruin an account easily?
- Hugh Briss replied Jun 4, 2011
Thanks for this post, I agree, after 300 pages of reading you aren't necessarily going to remember everything you just read.
Trading Made Simple
- Hugh Briss replied Jun 4, 2011
To find the best trends to trade why not use the 3 ma method? Put 3 moving averages on a chart, I like 30, 50 and 100 sma's all of the closing price. In the best trends these will run parallel to each other. Take a look at eurgbp 1 hour chart with ...
Riding the trend easily
- Hugh Briss replied Jun 3, 2011
Thank you for the information, I thought that was the case but once you've read 300 pages of posts it can all be a bit of a blur!
Trading Made Simple
- Hugh Briss replied Jun 3, 2011
Ok so I read the thread already but didn't find this information. Would you care to furnish me with it instead of patronising me. Thanks.
Trading Made Simple
- Hugh Briss replied Jun 3, 2011
Can I just confirm something please. Is a signal to exit only confirmed when the current candle closes in the same way an entry is or do you exit on mid candle signs of momentum slowing? Thanks
Trading Made Simple
- Hugh Briss replied Jun 3, 2011
Yes, I remember reading that now. I suppose it's personal preference and if your system is reliable enough then why not trade all three!
Trading Made Simple
- Hugh Briss replied Jun 3, 2011
Buona sera. Be careful opening multiple usd crosses at the same time. They do move together and so if they all go the right way at the same time you are quids in but if they all go wrong they will all go wrong together. I try to only trade one cross ...
Trading Made Simple
- Hugh Briss replied Jun 3, 2011
I think all usd pairs moved well this afternoon, I got on NzdUsd as it looked best and currently +50. I closed my usdchf short earlier on the big move down from NFP. I left the trade open at break even while the news came out and got lucky that it ...
Trading Made Simple
- Hugh Briss replied Jun 3, 2011
Did anyone else take the usdchf short? +9 as we speak but with the trend so could go a ways.
Trading Made Simple
- Hugh Briss replied Jun 1, 2011
Goldie looking chain, you have to love them! Yes, they are a joke band but hey. I'm another one that can't find a midget skateboarding on a bar though. Great thread and lots of banter!
Silent Service Method
- Hugh Briss replied Jun 1, 2011
Hi Chris, reading the thread through I read about your connection to Wales. I though you might like these... video
Silent Service Method
- Hugh Briss replied Jun 1, 2011
Here is usdcad on the hourly, you were trading against a developing downtrend. My short position was taken on the 4 hour chart after the break of the countertrend line. Look on the daily, it has retraced and then resumed the overall downtrend and ...
Trading Made Simple