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Hi I use "stop loss" orders to enter a trade quite regularly, especially if it is at a trendline or S/R break level. Not sure if this function works with all trading platforms but can't see any reason why not. I trade out of the UK using a UK platform that does offer this functionality...

Candletrader - you are absolutely correct. It is the twisting and distortion of religion by governments and religious groups for personal and political gain which breeds terrorism in the uneducated and poor - not the other way around. Throughout history thousands of atrocities have been...

I should like to say how encouraged I am by the replies posted in this thread to the absolute immature and ignorant rubbish printed by the originator. With all the Muslim and Arab bashing that is going on at the moment, as a Muslim myself, it is good to know that there are still people out...

Thanks to all who have responded - as usual I'm very encouraged by the willingness of other ETs to help out. Jack, your comments below "Trying to get a response from the thread originator on the ROI ball park was about the same. Obviously he is dealing with a lousy set of stocks to...

Hi I'm looking for formulas (metstock, tradestation or any other similar format) for recognising chart patterns such as head and shoulders, wedges, triangles, flags etc. Any formulas or help should be greatly appreciated. Thanks Bouds

Hi all Nice thread - and quite encouraging. I started off daytrading US equities from the UK seriously around 6 months ago but over the past two months have switched focus to the European markets - specifically XETRA Dax stocks. The reason for my switch of focus is that I am finding the...

Hi One thing you will notice in the shorter term is an almost perfect Head and Shoulders formation on the DOW and S&P. Very close to necklines (DOW around 8200, S&P around 870). Given Blix report etc, wouldn't be surprised to see a break over the next few days. If it does, a big spike...

Hi Good book for the beginner - tries to cover all aspects of TA in one book - hence by definition cannot be too advanced. You do get the impression however that he simplifies things a little which in today's crazy market don't hold much water. Hope that helps. Bouds

Hi profitseer Thanks for your reply. Interesting thoughts. I shall definitely follow throught with your ideas. I guess that the lengths of the two MA should be quite short to reduce lag. Also in a strong trending market, MA's should be set to calculate on the high and low prices for...

Hi I am very much a systematic trader utilising a combination of momentum based indicators such as True Strength Index to enter/exit a trade. Unfortunately, I find that such indicators fall over when the market is powering ahead with little or no dip or when it enters a very tight congestion...

Trader963 et al I trade a whole bunch of German and other equities and indices from the UK. I use Sierrachart with a mytrack data feed for real time streaming chart updates. Package is very good and extremely competitive - Sierra is a one off cost of around $40 for 6 month subscription and...

Hi Vegasoul I too have felt a lot of pain in the last few weeks - this market is very strange indeed Hang in there - I get losing streaks all the time and expect it. When it happens, I take a few steps back, re-read some of my books, re-assess the situation and work out why I was wrong...

Hi Does anyone know of a web site that will provide regularly updated data on fund/marketmaker holdings in large cap stocks? I understand that the SEC requires funds to report their holdings in these companies. Thanks Bouds

Great Thread Babak. Thanks Trying to see if I can get this index through my datafeed provider - mytrack. I agree that the state of the bond market 'fear' will have an effect on any rally we are going through.

Hi I was in the same predicament a few months ago. After much research, decided to go with Sierra Chart with MyTrack feed. Cost is about $45 per month. Sierra is really a good package with FIBs etc as well as a huge number of studies available. It also allows you to build in scans and...

GG Some absolutely great replies have been posted here - thanks to you and all. The one thing that strikes me is that you have over 1300 posts on ET and are in the position you are in. Without being a qualified Psychologist, it suggests to me that you may need to look and rely a little...

Hi I think this very much depends upon your trading strategy - what form of analysis/timeframe/risk preference you have. I follow a group of 12 NDX stocks incl qlgc, msft, ebay, vrts and whenever one of those stocks fits my trading criteria/strategy at a particular moment, I enter the...

Hi Just21 West Coast USA sounds like fun! Take your point on European stocks and indices. I've been following the German Dax with special interest on SAP, Siemens and Deutshe Bank and Muenchener Rueckver. All seem to have huge momentum and can move many Euros in one day! I trade...

Hi I've been trading the US markets intraday for the past 6 months and after much pain, patience, introspection and study, it feel that it's beginning to work for me.:) Being from the UK, with not much to do before lunchtime in the UK, and being a glutten for punishment, I have recently...

Hi I had a similar question a couple of months back and found after lots of research, and thanks to all the recommendations from elitetrader members, that sierrachart was ideal for my needs. It provides streaming real time charting with most of the indicators you would need, as well as...