I understand you not wanting to have your account in dollars.. I make sure that my accounts are in GBP if possible. When I started trading properly GBP/USD was about 1.72.. That would have hurt if my accounts were unhedged in $$

which broker offer trailing stop without PC on 24hrs ?

I do.. It's starting to get cheap :-)

EUR/CHF

good that u got lucky, but we don't want to be depending on luck to succeed. Like you say stick to your rules and don't try to make trades when there arn't any. I know it's easier said than done.. only to well!! good luck next week :-) Pete

Simple 5 / 8 moving average crossover

Nice trading, I like your final line :-)

Simple 5 / 8 moving average crossover

just went out for a cpl of hours and saw cable dropped big.

Cable Update (GBPUSD)

damn.. never deviate from your trading plan. You have done very well when you stuck to it. It took me a long time to be able to trade my strategy like a robot, but it's something we must learn to be consistently successful.

Simple 5 / 8 moving average crossover

parameters are exponential. You can use simple, but the moving averages will be more lagged. Exponential moving averages give a greater bias to recent price action.

Simple 5 / 8 moving average crossover

hi vince, I am not sure about SG Trader, I use MT4. You need to create two EMAs on your chart. One 5 period EMA and one 8 period EMA.

Simple 5 / 8 moving average crossover

Thats a nice position to be in :-)

Cable Update (GBPUSD)

They actually took back his profits.. That is fraud surely? Perhaps it's embedded in their terms and conditions in small print.

Cable Update (GBPUSD)

woo another new high 2.1086! I think a correction may be due, I don't know when though. I want price to get a lot cheaper before I go long.

Cable Update (GBPUSD)

Yes, that does sound like a MACD indicator rather than a standard moving average. Are you using MT4?

Simple 5 / 8 moving average crossover

A cross in a nice trending market. or a retracement to support/resistance in a ranging market. :-)

Simple 5 / 8 moving average crossover

I aim for 100 pips per week with it.. some times i get it, some times I dont. Some weeks I don't even place a trade, I only trade when I have an optimal setup. This way my trade is never a bad trade. If I win or lose, it is still a good trade as I ...

Simple 5 / 8 moving average crossover

I don't know if it has every time.. See what happens to NZD/TRY during a carry unwind, that will tell you.

anyone trading TRY/JPY, with which broker?

back folks, sorry I've been away a while, my pc blew up. I just bought some bits and built a new one. My spare laptop I was using is barely powerful enough to run MT4!

Simple 5 / 8 moving average crossover

hehheh.. you should post your trades, and we will do the oposite

Cable Update (GBPUSD)

It's possible, but I have no idea.

Cable Update (GBPUSD)

America is going to be such a cheap country for us british folk :-)

Cable Update (GBPUSD)

yes.. though it is mostly range bound at the moment, if I trade a cross for this one, I would definitely want to wait for a retracement.

Simple 5 / 8 moving average crossover