If you want to fail as a trader, study TA

[The Expert]

Quote from Fibbin-Archie:

Update on IG quotes accuracy.

I took a small short last night on Cable around 6pm GMT just as volatility went totally flat. I covered half, then got taken out by just one basis point.

This got me a tad paranoid so I did some checking on independent charts today and it transpires that IG's chart matched exactly and I'd simply placed my stop way too tight, one tick above the reversal where I got in.

So hands up, I still can't fault them.

CFD accounts have their limitations, so one must be aware of same before one decides to risk ones money with them.

They are very good for learning, as one can open a small account and daytrade without worrying about silly pattern rules, and, it also prevents having to use a prop trading firm, which, the majority charge a monthly fee for software and trading platform.

These threads are ALL about beginners, and as such, the info will be mostly for same, for, it is the beginners that need the help most.

For the experienced traders, what is this chart of

 

[Fibbin-Archie]

Quote from The Expert:

CFD accounts have their limitations, so one must be aware of same before one decides to risk ones money with them.

They are very good for learning, as one can open a small account and daytrade without worrying about silly pattern rules, and, it also prevents having to use a prop trading firm, which, the majority charge a monthly fee for software and trading platform.

These threads are ALL about beginners, and as such, the info will be mostly for same, for, it is the beginners that need the help most.

For the experienced traders, what is this chart of

hmm, interesting looking chart TE, I can see expansion outside of trend channels and then movements back inside. Something to do with reversion back to the mean perhaps? Just watching The Last Samurai on TV, great film, will have a proper look at it tomorrow.

 

[Mysteron]

Quote from The Expert:

CFD accounts have their limitations, so one must be aware of same before one decides to risk ones money with them.

They are very good for learning, as one can open a small account and daytrade without worrying about silly pattern rules, and, it also prevents having to use a prop trading firm, which, the majority charge a monthly fee for software and trading platform.

These threads are ALL about beginners, and as such, the info will be mostly for same, for, it is the beginners that need the help most.

For the experienced traders, what is this chart of

Looks like a 1 minute chart of the EUR/USD, fortunately it is in my 'misc' portfolio. I don't know why the various boxes and trend lines have been drawn though.

 

[Placebo]

Quote from The Expert:

CFD accounts have their limitations, so one must be aware of same before one decides to risk ones money with them.

They are very good for learning, as one can open a small account and daytrade without worrying about silly pattern rules, and, it also prevents having to use a prop trading firm, which, the majority charge a monthly fee for software and trading platform.

These threads are ALL about beginners, and as such, the info will be mostly for same, for, it is the beginners that need the help most.

For the experienced traders, what is this chart of

Looks like a chart with a lot of meaningless boxes and lines drawn on it. Are you alluding to TA.

 

[Fibbin-Archie]

Quote from Mysteron:

Looks like a 1 minute chart of the EUR/USD, fortunately it is in my 'misc' portfolio. I don't know why the various boxes and trend lines have been drawn though.

Yeah you're right or possibly GBPUSD (positive correlation with EURUSD) early afternoon Friday (GMT), if it is I actually bought that spike down just before the last box and sold it into the top, which also happened to be the Weekly R1 level, tidy little 45 pip trade.

 

[The Expert]

Quote from Placebo:

Looks like a chart with a lot of meaningless boxes and lines drawn on it. Are you alluding to TA.

Well, lets just SEE what actually happens

TE

 

[Mysteron]

Quote from The Expert:

Well, lets just SEE what actually happens

TE

Well NY... err ... I mean TE, I thought maybe the boxes were your vision of bars on higher time frames.

 

[The Expert]

Quote from Mysteron:

Well NY... err ... I mean TE, I thought maybe the boxes were your vision of bars on higher time frames.

TE is not NY

What are these 2 of ???

 

[blox87]

Nasdaq and dow

 

[Fuller]

TA you can use just additional to your trade signals. a key factor is volume, especially rsi







Signature: Online-Broker-Vergleich