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The D1 time-frame isn't an issue - I set entry orders based on lower daily highs in an uptrend or higher daily lows in a downtrend and walk away. The issue is the pain in remaining in a trend-following position with a very wide SL. Forex D1 trends are common but stutter twice a week. These days...

I trade almost only long-term (2-5 days holding periods on average) off the D1 charts. I trade every pair - trend-following where there are trends and break-outs where there are not. But I do take into account how bullish/bearish are the major currencies across the 28 major pair charts - I am...

I trade forex long-term (2-5 days holding periods on average) off the D1 charts and have found all relevant FA is contained within the charts. A while ago I did find that I was personally interested in economics and geo-politics so I read up on it quite a bit - but it did nothing for my trading...

There has never been a person in history who could stand up on New Year's Day and say what will be up and what will be down that year. That's why I got out of share-holding. I now trade over short periods, the Dow long only, and forex both ways.

Never drink vodka. Buy very good wine.

In my field, forex, overnight prices (i.e. from the Asian/Australasian business hours) are usually unimportant in themselves and print with a reduced total range and range per hour. But this is helpful in a strategy based on a sudden increase on price volatility, like a London opening range...

When the completed bar you're interested in is effectively a doji, I can't see how knowing whether the high occurred before the low is of great value. The idea that it is important suggests too much of a simplification of price action through the bar's time period - such as for example price...

i don't trade any indices intra-day, just long-term, but no matter what happens I will never short the US indices.

The US trading field has never had CFD's, and obviously not spreadbetting, so I don't see how the US's position would have an impact on equity CFD trading at this time. The UK is not part of the EU anyway.

What makes you think equities might follow?

My bracket orders comprise a buy order a pip or two above the Inside Bar's high (D1) and a sell order a pip or two below the bar's low. These are only placed if the chart does not show a trend: I don't trouble to verify a range, just the absence of a trend. The two orders have no stop-losses so...

I use bracket orders, a buy above and a sell below, on forex pairs which are not smoothly trending. But I only enter these orders following an Inside Bar on the D1 chart - this often suggests an energetic break-out. With no Inside Bar I might bracket the same pair using a Donchian Channel...

In the UK it seems the vast majority of illegal immigrants entered the country legally on a temporary visa that allowed a short visit, a temporary work permit, a student permit or while their application for asylum was being processed. Its arguable that we already know they're not committed...

Yes, our trading position having left the EU is worse for the foreseeable future. However, our sovereign position as an independent nation is secured, rather than as a region of a politically united Europe. We therefore have independence but also the opportunity (no guarantee) of a greater...

The impact of modern immigration on the UK's economy has never been agreed by economists. But the UK's EU membership clearly did not drive up unemployment here according to data. However, the belief that EU membership allowed immigration which drove up unemployment is widespread.

There was never an economic argument for Brexit. As a member of the EU and after nearly 40 years in the organisation we had an enviable society, the fastest growing economy in the G8 and record low unemployment. As for the trade deal, there was always going to be a deal so as to not seriously...

Wealth means you can buy a whole lot of tomatoes. Wisdom means understanding although they're a fruit they won't be good in fruit salad.

Trading forums are not the right place to look for successful traders. Many users will be new traders who will be unable to advise you and many visitors here will be losing money. If you want to invest capital with someone else talk to your bank manager or an investment advice professional. I...

I don't initially set a TP for the break-outs. I prefer to exit these when the chart suggests either the price advance has become unsustainable or its insignificant.

I am ending up with two basic long-term (forex) strategies - trend-following and break-out. The trend-following strategies are for charts with a simple trend model - they involve entry after trend resumption following a pull-back - trailing stop-loss fairly close behind entry and a TP only a...