skyjack777's Posts - Page 2

How do you trade in a bear market in New Traders Jul 17, 2012 at 11:26

Yes but looks like a point to start working it out for myself a little. On the laptop I'm working with the Bollinger bands, CCI, RSI and Stockkhstic and Parabolic Sar. All on the one old Acer laptop screen on a 5 minute time frame. Still would rather be on the one minute screen.

Newbie on a steep learning curve in New Traders Jul 17, 2012 at 08:12

A new week and the bulls have it. LOl Well how about looking for up trends. I've come across an action plan that everyone will know and understand. For me it simple looks as if it works (with a little bit of research). A $10 Ebay special I might add.Working with your 3 and 6 day exponential moving averages, when the 3 day crosses the 6 day you buy and when the 6 day crosses the 3 day you sell. When in doubt EXIT. S/L set on previous peak or low swing. Daily time frame.On top of that run with a 20 and 50 day moving average, when 20 is over and above the 50 line it's a long term uptrend....

How do you trade in a bear market in New Traders Jul 17, 2012 at 08:03

A new week and the bulls have it. LOl Well how about looking for up trends. I've come across an action plan that everyone will know and understand. For me it simple looks as if it works (with a little bit of research). A $10 Ebay special I might add.Working with your 3 and 6 day exponential moving averages, when the 3 day crosses the 6 day you buy and when the 6 day crosses the 3 day you sell. When in doubt EXIT. S/L set on previous peak or low swing. Daily time frame.On top of that run with a 20 and 50 day moving average, when 20 is over and above the 50 line it's a long term uptrend....

Manual trading or EA?? in General Jul 13, 2012 at 02:31

I hope not, I set up three trades at 6 am and left for work. I`ll see how I went when I get home. Bruce

How do you trade in a bear market in New Traders Jul 12, 2012 at 19:30

Thanks James-Bond. I workout what a pullback is then check out what your saying. Over the next week I,m looking at a few different angles. Today I gone to work leaving three pending orders. I'll try to spent some time on the 4 hour charts and start slowing down a little.

Best Broker for a Newbie in New Traders Jul 10, 2012 at 12:56

It's always good to know when to cut your loses and run. Cheap lessons don't come by to often,

How do you trade in a bear market in New Traders Jul 10, 2012 at 12:52

After big days working I enjoy trying hard in something different.

How do you trade in a bear market in New Traders Jul 09, 2012 at 13:23

Hi The Last Bear, Handing over a portion of my funds to an investment manager both for the bear and bullish markets would be my best option, in the short term (1 year) would be interesting. I will NEVER be too much improved then where I will be in 3 months. I love the robots because I can see things happening and think it's fine. To be involved at some level is great. I need to be hands on involved, as long as I accept where I'm at I'm fine. Bruce

Best Broker for a Newbie in New Traders Jul 09, 2012 at 13:12

Thanks for that The Last Bear. In the end I may run with up to 3 small accounts from different Brokers. The robots will go on one and I'll trial Wallstreet Forex Robot on one with the last running for my attempts. I've read alot of blogs on the WFR with a long way to go before outlaying any more cash. Bought an Ipad 3 yesterday so I'll be able to read a lot more on the subject away from home.Thanks for your comments. Bruce

How do you trade in a bear market in New Traders Jul 07, 2012 at 22:53

Thanks LK, My passion is making work an interesting way to make money. If I go to work I'll get the most out of the day and be planning an improvement for tommorrow. Once you do the hard yards the profit flows, if the homework and research is done. The problem I have here is the steep learning curve and always a need to get involved, hence my intial interest in robots. I don't know if I'm smart enough to retain the ongoing knowledge required to have an ongoing improvement in fx trading. I don't gamble but I do find the robots a way to be involved. Any money I spend is towards m...

How do you trade in a bear market in New Traders Jul 06, 2012 at 01:01

Hi LK Wong, No still starting out, looks like I'll be looking for a while yet. I find Ea's interesting for a beginner.Hi The Last Bear, You tube vids. have been a starting point. This week I had an offer to be in the trading room of a Broker in Sydney online. I found it very interesting and the level of their training package was through the roof. Their offer was $4500 to get in the door and $100 a month to have access to the Trading room and $40 a month for emails with leads.Currently all their information was over the top. I need to relax into Baby Pips and take it slow. Any money at...

Newbie on a steep learning curve in New Traders Jul 03, 2012 at 08:55

Hi All, Another day and time to slow it down a bit. Yesterday the Forex50pips made $65.58 in the demo accounts. I lost $13.42 for my guess at trading.The automatic Fish_Forex open/shut an order with no cash made.The Acer laptop showed a sell order from the Forex50pips, about 18 minutes after the same advice showed up on the home computer. It's going to be a long run up to Christmas. Bruce

How do you trade in a bear market in New Traders Jul 03, 2012 at 01:10

Thanks LK, Yes reversal was the word I should of used. After the market reverse signal I have tried putting the S/L and T/P in reverse but still lose money.I simply need to understand what I'm doing a little better. More vids on you tube. lol. Thanks Bruce.BTW Forex 50pips I'm using earnt $65.58 yesterday. While the Fish Forex placed two orders but cancelled.On trades I tried myself I lost $24. Bruce

Best Broker for a Newbie in New Traders Jul 02, 2012 at 23:21

Thanks for all the comments. I'm currently usng IBFX AU, FxPro and Vertue in demo mode. I'm finding I like IBFX best now just need to know all the costs. Bruce

How do you trade in a bear market in New Traders Jun 30, 2012 at 03:40

Hi All, I read last week that on average you trade up and down, 50/50.I'm wondering how you set that up. I have tried putting the S/L and the T/P in reverse after the market trended down, but that did not work. It was refused as wrong. Thinking back it may of been wrong because the S/L and T/P were simply not far enough away from the current price?? Thanks for your comments. Bruce

Best Broker for a Newbie in New Traders Jun 30, 2012 at 03:35

Hi All, Have just been to the reviews on Brokers. I'll ask the question here. For someone in Australia, with a micro account between $250 to $500 dealing with .01 lots, is there any Brokers that come to mine. Thanks Bruce

4x Hosting in VPS Services Jun 30, 2012 at 02:50

What's the cost for a VPS service? Thanks

Newbie on a steep learning curve in New Traders Jun 30, 2012 at 02:44

Thanks for that Benjamin, I'll check it out. Bruce

Wallstreet Forex Robot and Forex50pips per day any comments in General Jun 29, 2012 at 12:16

I'll put it up as soon as I work out how to. The Forex50 pips works, gives me confidence to trade hard, a little easy on a demo account.I also have a Fish_Forex from the same company. Cool, It lput three trades in at .10 size then three at .30. at the end of it all it made about $90 and I was at work. I've got them both working on two demo accounts so by Monday I'll post a result. Already confident that for this week they work. So what's the go with this gear, do you upgrade every month or two. I'll never be a serious trader and need theis sort of support. I'll be havin...

Fap Turbo EA in General Jun 29, 2012 at 12:09

I watched a you tube clip the other day. I was searching for comments on the Wallstreet fx robot. The guy on the vid had them both. Wallstreet was easy to set up and go while the Fab Turbo took him 4 months to get it right. He did offer to sell his Fap settings for $25, sounded like a good deal. Have you looked on the Fivvers site, never know what turns up there. Good luck. Bruce

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Posts by skyjack777