Most brokers will only wire funds to a bank account which is verified and in the same jurisdiction that you gave them on account opening (your home address). Where are you based / working from ? In most countries, there is income tax. Usually this ...

CMC Spreadbet

If U R British spread betting (CMC or any other SB company) is tax free. There is an argument to suggest that if this is your only income that you might be taxed. This might depend on your local tax office. I don't think most SB companies will open ...

CMC Spreadbet

What is "........a short time" ? That depends on your system / time frame. If you are right or wrong about your entry might depend on the original reason for your entry / what system you are using (and or other reasons) not just time. If you are ...

Stop loss for the intraday trading

Yes. Staying in won hands down. I did a check on this via a sample of 50 real trades. Example was in the last hour on cable. I shorted at 75. Price stayed between 73 and 80 for about 40 mins. Then sold off. I took a 1/3rd profit @ 58 and moved the ...

Stop loss for the intraday trading

I struggle with this issue of closing trades because of time. Clearly it depends on your strategy and time frame, so it is a little hard to discuss globally. If you take a long at very strong support of 00 and price stays at 8/13 area for 30 mins, ...

Stop loss for the intraday trading

Mental. So if I decide to have a mental stop of 10, I will have a hard (automated) stop 4/5 pips out from that. There are two reasons: 1. So the broker does not know my position. 2. If the actual stop is auto and I decide to exit 1/2 pips before, ...

PPC - Thingamumbobbies

I am not sure I understand what you are saying exactly but...........If I get to my stop position, it is still not certain that the market is going in the other direction. The stop is just the max amount I decide to risk. Often I get stopped and the ...

PPC - Thingamumbobbies

The Hammer (For a Long) and Hanging Man (For a short) are very good reversal signals, especially if followed by a higher low (For a long) or lower high (For a short). The spike on either shows that there has been a rejection of price. Some also ...

Reversal Candlesticks

You can trade it off any time frame. I have traded them of 1 5 and 30 min.

Bollinger Bands Strategy

Both. I trade at or within a few pips of key levels. If I am at the key level the stop will be spread +5. If I am entering 5 pips higher (for a long) then my stop will be at spread +10. If price bounces higher of the level I will usually not enter ...

PPC - Thingamumbobbies

Move stops to BE as quickly as possible! This depends on your risk and target, a little hard to discuss globally. If you are risking 50 pips (stop of 50) and each time you get to +10 you go to break even, you are likely to wipe out quickly. There is ...

PPC - Thingamumbobbies

The Gimme is a great set up. You could also use divergence to confirm. See attached file

Bollinger Bands Strategy

http://www.trading-naked.com/JoeRossGimmeeBarSetup.htm This is a great Bols set up.

Bollinger Bands Strategy

The problem with many trading chat rooms, definately Money Tec, is that it is full of wannabees getting high by calling trades, minutes late and always in profit. On Moneytec you seldom get calls, which are in the negative, by the time they are ...

james16 Chart Thread

How about subsciption services ? Which is the fastest news feed ? I am currently using Bloomberg TV, through the TV not the net. The Bloomberg net TV is with a delay. Does anyone use Market News International ?

Where to check free FAST update information?

It is easy not to exit early when you are asleep, usually anyway. More tough, when you are watching it.

Scalping 100 pips?!

My biggest note on the wall says: Don't look for certainty, when selecting a trade. Trade your edge. Don't pretend you know what will happen next. Think in probabilities. No hope placed on the individual trade ! Hope is not probabilistic.

Market & Trading Facts

Agree with that ! I have 3 feeds. Lets say I am long and have a mental stop (where I want to exit) at 1.8063. I will place an automated stop below by 3/4 pips. I watch all feeds, once they approach the mental stop. If my broker is on 63 but the ...

Stop Hunting?