Thank you Mr C. *munches popcorn* The approach tends to get the best performance from the indices as opposed to the currency pairs but only by a slim margin. The good thing is that there is little bias in the approach towards any particular ...

Diversified Trend Trading Approach

I'm out. It was like popping zits closing those accounts. The first time in 2 years that I have closed down the portfolio. Some interesting results in the analysis as it is a rare opportunity to reflect current performance given all trades are now ...

Diversified Trend Trading Approach

Just a heads up to those who may be monitoring this thread, I will be closing all positions in the portfolio prior to the ECB announcement tonight as this month so far has been quite favourable and I am not planning to compromise performance by ...

Diversified Trend Trading Approach

*sniggers* ......You mean Vlad the Impaler. :-)

EURUSD

It must get frustrating B. The CAD moves were quite surprising. It skittled one of my positions in EURCAD but has had handsome results in others. Swings and roundabouts I suppose. :-)

ETMA_The Evolution

Yep I must admit some of the rules of the US such as shorting restrictions etc. would be a real headache. I feel for you. I must admit despite the stiff regulation here, it seems to have been done quite well to at least give the trader reasonable ...

Forex changed forever!

Ok. :-) I do the same but simply so I can earn interest on my non-utilised funds. This CHF debacle is going to be a nightmare for the legal industry and ASIC here in Aus. There are those with legitimate concerns regarding disclosure and risk ...

Forex changed forever!

Protecting your money.....mmmmmmm. There is trading according to the rules and then there is risk management by skirting obligations. Those who provide a minimal deposit whilst segregating their monies in seperate bank accounts are relying on no ...

Forex changed forever!

Amen to that zxd :-) Yep the suspicion is hard to avoid especially in the 'sniffing of stops' but I have a feeling that my overly conspiratorial nature is my biggest problem. My trade sizes are hardly a blip in the scheme of things. I just like to ...

What's the inspiration left for retail trading?

Liquidity can be a problem with MM's but on balance, IG is pretty good and needs to be to maintain its market share. The problems with last weeks CHF crisis was faced by the ECN brokers as opposed to the MM's. IG did however cop a $30M loss for the ...

What's the inspiration left for retail trading?

Hi zxdtrader. IG (Australia) offers both MM (over the counter) and Direct Market Access (DMA) models for the pro investor seeking to know market depth. The DMA is very similar to the ECN model however with a slight difference in that IG stands in ...

What's the inspiration left for retail trading?

Spot on B. Great advice as per usual. :-)

ETMA_The Evolution

Well done tim10167 and best of luck with your progress. It is likely that a broker would attempt to come to the negotation table rather than potentially lose their AFSL but given the manner of their disclosures to the investor/retail trader = retail ...

EUR/CHF

While it is not possible to predict price movement with certainty, macroeconomics does appear to have a role to play in moving price on the long term. If it didn't then this would render monetary policy ineffective. Furthermore the cornerstone of ...

Why it is possible to predict price movement?

Where we are Heading with this Approach For those of you who have been following this approach, you may be sensing where we are heading. Currently using the EDTT approach we are now trading 2 timeframes. Namely the D1 timeframe and the H1 timeframe ...

Diversified Trend Trading Approach

mima I will give an example below of the steps taken to place a green predictive entry on D1. I hope this helps a bit in deciphering this all. I will use NZDJPY as an example. On the weekly chart we are in an uptrend defined by the SDC by extending ...

Diversified Trend Trading Approach

Hi mima The green dashed line is a predictive entry line (effectively an alert) on the D1 timeframe which notifies me when price is closing in on the line to drill down to the H1 timeframe and look for an entry into a primary trend. The brown dashed ...

Diversified Trend Trading Approach

Thanks B :-)

Diversified Trend Trading Approach

Nice :-)

I like it simple

*sniggers*......I like the "let's build a fire and sing songs" comment! The kind of fruitless thing you do to make you think everythings gonna be alright!!!

Has the latest event with CHF affected your outlook on forex?