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Hi SethArb, Jargon mix up :eek: Yes, I trade FX. illiquid, not to put too serious a note on it :) I look at 10-20 pips as my target per 1-2 hours trading time, and see this as definetly achievable in the time I have. Considering I have not traded the Dow before and need to get a feel...

Hi Illiquid, :D Hint of sarcasm there I believe. In fact, with the 'help' of one or two constructive messages on this forum and my own research, I have now in place a strategy that will do just that ('In my spare time'). ie scalp 10-20 pips in one 1-2 hours after work. This is what I was...

Hi twalker, You have highlighted a key point in your message ie good money management. I believe that most trading systems whether they have, for example, a 47/53 trade success ratio or a 75/25 success ratio will be profitable so long as good money management is applied and adhered This goes...

Hi champion, I can understand where you're comming from in terms of studying the Dow (ie observing patterns, get the feel for the market) but don't trade :confused: Don't know whether to laugh or cry. Think I'll smile :)

Hi Sunny, Sorry for the delay in replying, been on vacation :) I can see several strategies posted on this forum already. Every cloud has a silver linning :D

Yes, that makes a lot of sense EliteThinker. BTW if anyone hasn't spotted it yet in my previous post, I mentioned I was observing the DOW :eek: my mistake it was CABLE. Now you can see I am in desparate need of advice :D

Sweetlettuce, I havn't backested the MA's. If I decided to use a system that utilises MA combos I feel I will have to add a combination of other indicators as entry/exit confirmers (eg stockastics, momentum, RSI etc.). For certain I would use MA's for help in identifying the trend...

Hi SimSim, Yes, using crossovers could be ok with a trend confirmation indicator, possibly ADX. But as Mogul points out the Time Frames would need to be taken into consideration. I should have mentioned earlier that I will be looking to trade the DJI between 7pm-9pm GMT and would probably be...

Hi Tradefox, Yes, your right in what you say, I work full-time and trade the Forex market part-time (ie at lunch break during the busy hours). I am relatively new to the trading profession and have already discovered that it is becoming less of a hobby in the sense that you need to be...

Hi Sweetlettuce, First thanks for your input. I think the question is simple enough as it stands, Choak has provided me with an excellent site with hundreds of strategies to trade. On browsing, I have seen several that interest me. AS you can see, John also has provide a simple strategy...

Informative site Choad. Thanks Guys.

Hi, I have been trading the DJ using candle stick patterns but would like something more mechanical. For example, using MA combo crossovers or FIBS etc. Advice appreciated, Regards, Dave

Thanks for that interpretation Cosmic. Regards, Dave

Hi, I am using MT4 and trying to display the lines in the MACD indicator in order to use crossover signals in my trading. However, the only version I get is MACD histogram with one red line which is not what I want. If anyone can advise It is appreciated, Dave