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It's not based on any level, I don't believe it fibs. There is a premise behind the entries and how the trend is defined but I don't want to go into that right now. The method is from some book by some guy that I read so long ago I can't remember who or what it was. If that doesn't give you...

= ) Thanks for the chat, watch this space.

I think 11K is the tax free threshold right now so would need to make 50% a year before I need to worry about paying tax = ). OANDA may not be the best but they will do for now, I actually like the simplicity and no frills of their platform. I have an account with IG, I have experience with them.

Yes UK. I use OANDA, not sure if they are classed as spreadbetting but they are not DMA.

Whatevs

Ah yes, thanks for reminding me MrScalper, I risk 1% per trade.

I will take my time to digest this, thanks for the advice. Glad to hear you think I have enough cash, I thought I was seriously underfunded. I won that 20k betting Trump would be POTUS, don't tell the wife.

No, but it sounds interesting. I do take the weekly into consideration in that I won't trade against the weekly trend, and I have thought about fine tuning entries on the lower TFs so that is something I will be looking at, thanks. Trading one or two markets will just not create enough...

Thank you for the feedback, genuinely appreciated. I am not trading multiple markets so much for diversification, as the number of opportunities provided. I check my charts once a day, I would be lucky to get 4 - 5 trades a year following one market. For background info, I used to trade this...

It's been a shaky start with three losses in short succession on EUR/USD, CORN and 5YR T-NOTE. I started with a £20,000 balance in my live account, I am now down to just over £19,400. Currently I have an open Natural Gas position which is in the money, it has modest profit potential. Chart and...

The method entails the below: 1. Wait for a trend to develop 2. Enter on a retracement 3. Target the recent high/low 4. Profit potential minimum of 1.5. 5. Entry and stop at either extreme of the trigger bar. Attached is an example of a paper trade I took in the Hang Seng

In this journal I will be trading a variety of commodities, forex pairs, bonds and indices offered by OANDA using a simple swing trading approach on the D1 and W1 time-frames. I have my charts set for NY 00:00 open/close for no other reason than it appears to provide the best results, although...