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  1. B

    Baruch's Forex System Journal

    :) nice trade!!.....and you're right, if a good opp exists to marry up info then use it!....cable's taking a breather up here atm, may still yet pull back to test this b/o....and I have this entry stop now at b/e (8320).....leaving the remaining stops at 8290 to test a possible round number...
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    Baruch's Forex System Journal

    cable's cleared this fib/resist level....sorry haven't posted right on the trade (was in a Paltalk room discussing this play)...added at 8320, running a tight stop on this entry (8310) due to previous reasonings....all stops on prev entries moved up to 8290.
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    Baruch's Forex System Journal

    was just asked whether it's "a nailed on play" to simply add in at each 00 number in an obvious trending move.....the answer is no!....as commented, the overall 'picture' has to be observed & your own reading of the technical scenario adhered to....for instance, the next century level (8300) &...
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    Baruch's Forex System Journal

    it's fair to point out that many of these swing trades can evolve from an intraday strat. I use an 8 & 5 ema/21 ma cross confirmer on the 1 & 5 min frames, with an occasional glance at slow stochs (15/3/3), or if you prefer MACD. it does produce quite a few signals, but once again, utilised...
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    Baruch's Forex System Journal

    sure, no probs!....it's a simple enough strat to spot the entries etc...but (time allowing) I'll be happy to post entries & reasonings etc as they evolve! an add in was initiated earlier this morning (6.00am bst) at 8210 on this run, with stop at 8190... all stops have just been moved to...
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    Baruch's Forex System Journal

    The round number strat is nothing new, in fact it's used quite extensively, particularly within the FX arena. I think most folks realise the potential/importance of these pyscho levels on the charts, and of course, you will experience whip around the 00 numbers as positions are entered/exited...
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    New to currency trading

    ditto Loudogg, FXCM are pretty good....Advanced Currency Markets are also quite a tight outfit........ http://www.ac-markets.com/
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