I wonder if I should ask WWC if interbank group is there introducing broker, and if they have the ability to offer me STP and 400:1 leverage. Hmm.. Dave

My trades by Dave

I have narrowed my serch for brokers down to 3. interbank group(still pending STP approval, and letter from WWC pres.)400:1 FXDD(has STP but 200:1 leverage) MG Financial(400:1 but no STP, and does have a really good reputation) IBG has been slow in ...

My trades by Dave

Long as close to the bottom of the range as I can. Indacaters are looking like there lining up for a drop and bounce again. Dave

My trades by Dave

I just got out at 1.2107 When price neared the 38.2 fibo I wanted to get it out of reach so I moved it above the top 1hr boli. I wouldn't have on a real with 400:1 but I would with 100:1. Depends on risk. I am starting to think we're not gonna see a ...

My trades by Dave

interbank groupe is currently froze on price movement. Both demo and real. It might move every 10 min. And the spread on the real is 5 pips and 3 on demo. I asked about that too. Widening of the spread is a deal breaker. I just want that Streight ...

My trades by Dave

That wipsaw today probly wiped out alot of s/l. Got people scared now. But the longer the consilidation the bigger the move. Sustained break above 1.2121 is bullish. Dave

My trades by Dave

yea I know. On a signal from a 4 hr time frame you have to wait for the other time frames to line up and work themselves out. But when the move happens it should be swift. Or bounce to 1.2120 then sudden fall and break. Dave

My trades by Dave

I was checking out your thread. Nice job on those trades. You could make a fortune like that with 400:1 leverage standard. And 5-10 lots. But thats scary. Keep up the great work. Dave

elite's personal journal

Here is entry on 4 hr chart. This is a 4hr time period trade. The ma's and TSI are crossing down. and price is meeting top trend line. **Raise s/l to 1.2130 because top trend line is 1.2121.** Target is just above the outer, bottom boli band. Dave

My trades by Dave

New daily pivot 1.2112 short 1.2102 s/l 1.2120 Target 1.2055

My trades by Dave

Pulled trade 1.2141......+10 pips Little bit of wipsaw while the market figures out what its doing. Getting out now looks good. Market should be thin after today. Due to easter hollidays. Dave

My trades by Dave

Thanks for the warning. Did you join us from E.T? Welcome to our forum. Dave

My trades by Dave

They sound good. I have e-mailed them asking information on there antiscalping pollicy. I asked them if 5-20 pips is ok...mostly 5-10. And I asked what if I move s/l to just above break even. Then the trade turns and hits my s/l with 2-3 pips ...

My trades by Dave

The weekly pivot is at 1.2153. Wach for price to fall below this level. If the 38.2 fibo is broke 1.2200 is the 50%. The eur/usd more often then not makes a 50% retrace on high time frames. But I do expect a fall back befor that happens. Dave

My trades by Dave

Price nearing 38.2 fibo I moved s/l to 1.2175 just the other side of fibo. Dave

My trades by Dave

There is a swiss bank that offers 500:1 leverage. They don't accept funds from U.S. citizens. My s/l are based on previous support/resistance. My max s/l is 40. But I usually s/l 20-30. And any trades that got stopped out did go 20 pips into profit. ...

My trades by Dave

Price didn't fall to the pivot of 38.2 fibo. Retesting days High. short 1.2151 s/l 1.2170 Target: 1.2138 Price should fall near the pivot. Dave

My trades by Dave

New pivot, 1.2128 Long at 1.2135 s/l 1.2105 Target 1.2165 38.2 fibo is at 1.2171 Dave

My trades by Dave

You need to stop thinking in terms of max profit through more pips. You get max profit through more lots/leverage. Remember the statement I posted where the broker hireing day traders said they only go for 5-20 pips per trade. I am about to open an ...

My trades by Dave

sory I didn't post you guys a target. I post information like this to give you guys an idea of a target. Dave 1.2140 hit +44 pips. After the break above 1.2120 I set target and went to sleep.

My trades by Dave