"Sell in May & Go away" Nice cliché but not such a good investment/trading idea :-) url

finding good trades with Nasdaq, dow, spx, and dax

Watchlist for buying next week. Might need a bit lower first.

Cable Update (GBPUSD)

url Not saying that's the answer but if current method not working then try something different? "9.9" pips = 99 pips (relative to 100 SL/TP) "0.2" pips = 2 pips (relative to 100 SL/TP)

Come at me

If you were a swing trader would you leave a trade get stopped at -100 pips after it was at +98 pips just 2 pips short of target? That's what you're doing by not moving your SL. Just my opinion.

Come at me

GU (D1-H4)

There is no Magic Moving Average - You need only one

The last few charts posted are why most good threads die. Andrew has very clean charts usually with just one MA and the occasional fib. The only drawings are to show what he's looking at. MA & minimal price action. Now we're getting ugly charts ...

There is no Magic Moving Average - You need only one

Forex: (US trader>>Margin 50:1) 10 lots requires $23,495 Futures: (Broker with margin requirement $500/contract daytrading) 10 contracts requires $5,000 Forex easier with small $$ amounts but accounts trading multiple lots/contracts have lower ...

100 Trades Analysis

Reviewing last 30 trades, what would results be if SL moved to BE @ +5 pips?

Come at me

My broker has a minimum account size of $10,000 so probably not the best for minimal use. I think Optionsxpress (Schwab company) is OK. Cost is $3.50/trade for futures options. No platform fees. I've used the platform & it's simple & clear. Better ...

FX Spot and Options

Nadex trades binary options. You want vanilla options. If you trade binary options, your profit is limited so a large move won't provide protection for the full move even if you have the correct option. ***Most options are American style & not ...

FX Spot and Options

1-Nadex is a binary options broker. NOT what you want. 2-I would use a futures broker & buy futures options to get the protection. 1 futures contract is the same as 1 lot of spot forex. 3-Example 1: If you have 3.21 lots of Euro long exposure, buy 3 ...

FX Spot and Options

1-I just adjusted the post above before you quoted it :-) Sorry, I explained it a bit incorrectly regarding the profit on drop/rise. 2-The "Portfolio Disaster insurance policy" you mentioned has nothing to do with options. 3-"Premium" & "insurance" ...

FX Spot and Options

Example: EU @ 1.20 Friday close & you're long 1 cotract Protection choices: 1-Sell 1 lot to offset long 2-Buy 1.20 Put for 50 pips Sunday evening EU opens @ 1.25 because of some very good news. Results: 1-Hedged position has no loss or profit ...

FX Spot and Options

Protection can be purchased & sold @ any time so the premium paid can be removed in no longer needed. Premium is usually more expensive if purchased right before a big news event. So many ways to use options that it doesn't have to be expensive.

FX Spot and Options

You can get 100% protection if your position is in whole lots & not fractions of a lot. Your protection will come @ a cost though. The protection will protect from huge moves but you'll need to subtract the premium cost of the option.

FX Spot and Options

Forex: 1 option = 1 standard lot (100,000 units) Futures: 1 option = 1 futures contract Equites/ETFs: 1 option = 100 shares Example: You're long 1 lot of EU forex @ 1.1900. If you want protection, buy 1 EU 1.18 Put.

FX Spot and Options

Futures demo lasts forever if you also open a cash account with the broker.

100 Trades Analysis

You can day-trade ETFs (that will mirror NQ, ES, YM) where you can trade any # of shares to get the $/tick you want. Commissions will be slightly more than $1/trade. The problem is you need to keep $25,000 minimum in the account @ all times. Stupid ...

Trading NQ and SP500 vs the Dow