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xxDavidxSxx replied Apr 8, 2006At the start of my journal I stated I had around 250$. Mini I had it to 8k. Beginning of the year it fell to 5k. I am now going to open a standard account with that 5k next week. I do not recomend starting with 250$. I recomend 2500$ to start. Befor ...
Journal Factory posters - how much money are you making?
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xxDavidxSxx replied Apr 8, 2006I just found my own answer url This chart shows clearing firm as the top. And that is who the brokers deal with. I think this tells me what I need. Interbank groupe makes money only on part of the spread. And your trade goes in directly with the ...
Clearing Firm/ Broker
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Clearing Firm/ Broker
Started Apr 8, 2006|Broker Discussion|2 replies
Does any body know the differance between a clearing firm and a broker? Interbank group goes ...
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xxDavidxSxx replied Apr 8, 2006Here is a weekly chart. The weekly price is in its last stages of a wedge. The price broke the top wedge line but couldn't sustain. Now the price should target the bottom line at 1.1900 range. The weekly 20 ma is at 1.2050 RSI is in a wedge and TSI ...
My trades by Dave
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xxDavidxSxx replied Apr 8, 2006Here is a great way to find entry points. Yellow circles = break of a trend line. Blue circles = break of middle bolli/20ma This is the 4 hr chart but this works on any chart. when you get a break of the trend line you then wait for a break and a ...
My trades by Dave
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xxDavidxSxx replied Apr 8, 2006Here is a chart on the daily trend. RSI is showing divergence and testing the 50 line. The price is testing the middle bolli wich happens to be the 20 day ma also. The TSI is about to cross the signal line but befor it does the price should bounce ...
My trades by Dave
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xxDavidxSxx replied Apr 8, 2006Thanks for your ideas. My indacaters were pointing to a big move down so I wouldn't dare hedge a trade like that. Hedging is ok if the market is bouncing above and below a pivot and cann't decide a direction, and indacaters are giving mixed signals. ...
My trades by Dave
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xxDavidxSxx replied Apr 8, 2006Divergence: Most effective way to find a reversal. When the RSI indacater reaches overbought/oversold levels and the RSI starts angling in the opposit direction of the price movement. This means the price is losing momentom and a reversal/retrace is ...
My trades by Dave
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xxDavidxSxx replied Apr 8, 2006Hugo, I will let you all in on how I developed my skills. I havn't taken any classes or any thing like that. About 8 months ago I joined url developed by Mark McRea. This is an arcive of information. You will find every thing you need to know to ...
My trades by Dave
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xxDavidxSxx replied Apr 7, 2006FOREX, Interbank Group Hey Habeeb,....thanks Lou
I am probly going live with them the first of next week. DaveMy trades by Dave
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xxDavidxSxx replied Apr 7, 20065 lots were entered at trade. exit 3 lots at 1.2200.....+121 pips each Move s/l on final positions to a 50 pip trailing stop. I want to let the last 2 ride Dave
My trades by Dave
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xxDavidxSxx replied Apr 7, 2006The interbank group platform didn't freez at all durring high volume after news release. I hedged and took 20 pips in both directions and was able to manually exit the positions. I had stops and limmits set too. But I wanted to see if I could ...
My trades by Dave
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xxDavidxSxx replied Apr 6, 2006Price remains below the 20sma on the 4 hr chart (1.2238 range) That should be a good place to add positions. Pivot is at 1.2250 (good place for s/l beyond there. Waiting..... Dave
My trades by Dave
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xxDavidxSxx replied Apr 6, 2006The 20 day Ma is at 1.2095. I would like to hold this to 1.2100. A rally back up to 1.2265/85 range is possible. Dave
My trades by Dave