Howzit

ALSI 40 Index - Trading the South African All Share Index

XETRA : 11,900 now

ALSI 40 Index - Trading the South African All Share Index

DAX: LONG 887...

ALSI 40 Index - Trading the South African All Share Index

Good morning all, I see the DAX is blistering away again today. I hope this continues for the week. I went SHORT at 09:11 and have made what i wanted. Sort of sad I didn't keep going but it started a little flat.

ALSI 40 Index - Trading the South African All Share Index

Ha, I'm no fan of MT4. I don't wish to make a case beyond areas I am positioned to, other than to say that the model prescribed by MT4 is just short of barbaric. Everything about the way it is managed COMMERCIALLY leaves me cold. In many senses we ...

OANDA Discussion

My concise response is this, and sadly I don't have any evidence. MT4 is a COMPLETELY different animal. Last time I checked the setup fee was circa $800,000 for rights to distribute MT4/5 and a substantial portion of the costs of the tx are charged ...

OANDA Discussion

I am a day trader. As is 98.8% of the customers of all the brokers you discredit. I have used retail offerings historically and the point remains: if you have sound MM with sensible in market order position, a 3-4 pip widening of the cost of the ...

OANDA Discussion

US traders do not enjoy the same value/opportunity as elsewhere in the world. No contest. Anyway, good weekend all.

OANDA Discussion

You're living in la-la-land my friend. So the live interbank rate is 'x' and every trader in the world wants 1,000 of them. You write me the system that manages that request and ensured everyone gets their price the instant they want it, guaranteed. ...

OANDA Discussion

Youre almost right. They actually do not make the price. They offer as competitive as possible a price/value for an instrument and the decision to accept their price is yours and yours alone. I absolutely advocate shopping around and speaking with ...

OANDA Discussion

Hi herenow0, You're welcome though this topic is like trying to describe the view down a valley while looking through a drinking straw. The fact that spreads widen during news/volatility/low volume is absolutely market driven and normal. Imagine ...

OANDA Discussion

And before I go...the comments on spreads are borderline certifiable: Two screen grabs folks. Taken from an INSTITUTIONAL account (in other words you need to be licensed to trade it) showing the widening of spreads during NFP. Anyone who can 1) ...

OANDA Discussion

Its a Friday, having concluded another week of good trades. I read the vitriol in this thread so thought I would throw my hand in, realising I am likely to get bleated at but there you are... Pay attention, this isn't hard to grasp: I am aware of a ...

OANDA Discussion

So the ALSI gets to 2 pips of the level I predicted it would reach and falls on its tits...I should write a book...

ALSI 40 Index - Trading the South African All Share Index

I work on absolute hard stops and profit levels on the DAX as I find it keeps me consistently profitable. JimmyC do you track the DAX? This mornings high was at 068 so I see no reason why it shouldn't advance beyond this level, but I took a steady ...

ALSI 40 Index - Trading the South African All Share Index

ALSI: Out on 949 for a +101. So thats my target for the day.

ALSI 40 Index - Trading the South African All Share Index

DAX: Out at 051 for a +21.

ALSI 40 Index - Trading the South African All Share Index

DAX: Now +12 so zero risk trade. I can't lose on either of the two.

ALSI 40 Index - Trading the South African All Share Index

ALSI: OK, 017 is now my target level.

ALSI 40 Index - Trading the South African All Share Index

DAX: I'm in LONG NOW (030) on the DAX also. Tight stops, 038/39 is a soft ceiling off the recent high.

ALSI 40 Index - Trading the South African All Share Index