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- peterM replied Sep 4, 2007
Great.. That is exactly what I am doing too :-)
Simple 5 / 8 moving average crossover
- peterM replied Sep 4, 2007
1) I would define a ranging market where there is no clear trend 2) I generally wait until we have the closed candle then look at the charts and see if there is a good trade
Simple 5 / 8 moving average crossover
- peterM replied Sep 4, 2007
I did consider using usd/jpy instead, in some ways I think it may be a better choice like you say. I haven't tried staggered entries, that is a very good idea, it may hamper your returns though if you don't have all your money in at once, but I can ...
Arbitrage with no-interest broker
- peterM replied Sep 4, 2007
Can someone tell me the advantage of paying people 2% per month when you can usually get a loan for much less than that? thanks
Who here manages other people's money?
- peterM replied Sep 4, 2007
I challenge it too :-) also, a challenge in the long term. Most EAs do not stand the test of time in my experience.
does any one knows the best EA?
- peterM replied Sep 4, 2007
Thanks, I thought I read somewhere about that. If that happens, maybe it will make brokers a bit safer. I'm not sure.
How much does Forex trading dealer business cost?
- peterM replied Sep 4, 2007
Yeah, There is also the safety of funds issue with brokers, especially US ones. thankfully I never had funds in a broker that has gone bankrupt, but its something I am always concerned about, I keep the smallest amount of funds safely possible with ...
Arbitrage with no-interest broker
- peterM replied Sep 4, 2007
50% fib broke today 2.0650-1.9650 ish.. lets see if it can pull further away from it.
Cable Update (GBPUSD)
- peterM replied Sep 4, 2007
Currently I am waiting for a signal on GBP/USD, it may come today, it may come in a few days, I will wait. Last trade on this pair was the cross on the 24th August. Entry was 2.0040. It got very close to my stop which was below support at the time, ...
Simple 5 / 8 moving average crossover
- peterM replied Sep 4, 2007
Yes, I fully agree with this. This is why there is no holy grail strategy and never will be. With this kind of strategy and any strategy really, is to keep losses small and let the profits run, so we have a consistant long term edge. I understand ...
Simple 5 / 8 moving average crossover
- peterM replied Sep 3, 2007
which broker do u use for scalping?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Sep 3, 2007
I think the pair will mostly range trade until tommorow now
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Sep 3, 2007
thanks for the reply. Which pair are you using ? I have also tried this strategy with good results, I had enough room for a 1000 pip swing on each side using GBP/JPY.
Arbitrage with no-interest broker
- peterM replied Sep 3, 2007
Yes. If you were short on eur/gbp it would be the same as a long gbp/jpy and short eur/jpy if you bought and sold the same number of units of each currency. If you look at the eur/gbp it does move less in percentage terms generally than gbp/jpy and ...
hedging quistion
- peterM replied Sep 3, 2007
I use 23.6 38.2 50 61.8 78.6 and 100 on a chart with no sunday candles
What is 41.4% retracement???
- peterM replied Sep 3, 2007
Are you saying you offer a 2% per month risk free investment?
Who here manages other people's money?
- peterM replied Sep 3, 2007
I think people use breakeven because it just means the position is then risk free to them.
Cable Update (GBPUSD)
- peterM replied Sep 3, 2007
has anyone been using this strategy successfully ? If so, which brokers are most tolerate of this ?
Arbitrage with no-interest broker
- peterM replied Sep 3, 2007
arn't the NFA increasing the capitalisation requirements for the brokers they regulate? but yeah.. I think you would need many millions of dollars
How much does Forex trading dealer business cost?