- Search Metals Mine
- 37 Results (34 Replies , 3 Comments )
- Chokdee replied Mar 12, 2023
[quote=forexbali;14357289] Is the RRR ratio more accurate than profit factor? No idea. Just sounds like semantics to me and irrelevant to results.
- Chokdee replied Mar 12, 2023
Can't say as it is the weekend but I think they are. I think IG may have introduced CFDs as spread betting is illegal in many countries outside of the UK but the two are essentially the same. The Gov classes spread betting as gambling and there is ...
- Chokdee replied Mar 12, 2023
If you use a RRR of 2:1 it just means you are twice as likely to lose but when you win you win twice as much. That is all RRRs achieve. The only thing a positive RRR does is occasionally help ride a trend but testing random bets using a positive RRR ...
- Chokdee replied Mar 12, 2023
I recently started with Fundyourfx. They have a very simple approach with very few rules which you can see here. url They are also about the cheapest for instant funding. Worth checking out Good Luck
- Chokdee replied Mar 12, 2023
I use IG index and they allow both CFD and Spread Betting so there is a distinction in the UK. BUT profits from Spread betting are tax free but from CFD are liable for tax.
- Chokdee replied Jan 31, 2023
Ajax, I agree with your first arrow as that is in the direction of current momentum but the others after that are pure speculation.
- Chokdee replied Jan 27, 2023
Yeah, all is quiet but I will buy if the 4-hour turns up which it looks like it might. image
- Chokdee replied Jan 17, 2023
"wanting" to "believe" Now that could get you into big trouble!!
- Chokdee commented Jan 17, 2023
Sure, but these were two so-called experts who said totally different things. That's all I was pointing out. Most don't know what they are talking about but sell their words just the same
- Chokdee commented Jan 17, 2023
13 hours ago we had this headline 'GBP/USD Price Analysis: Signs of bearish reversal solidifies as risk impulse sours' Now we have 'GBPUSD edges higher after completing golden cross' These guys write conflicting things and want us to believe in ...
- Chokdee replied Jan 17, 2023
Yeah Yeah. So you didn't bet on what you said was an absolute certainty because you had already won so much. - Some strategy Good Luck
- Chokdee replied Jan 17, 2023
Seems the impossible did happen and the days down move did indeed end. Saying anything concerning FX is impossible shows a certain naivety but hopefully, you didn't lose any real money.
- Chokdee replied Jan 16, 2023
i AGREE. Been watching/waiting for a few hours. As the weekly and hourly charts (Heiken-Ashi) show the pair is trending up and about an hour ago the 30 min showed todays pullback seems to be over. image
- Chokdee replied Jan 13, 2023
The daily chart shows a strong upward trend which has just broken through some resitance. I can only see it going higher image
- Chokdee commented Jan 8, 2023
So the price could go up or it could go down. Hmmm
- Chokdee replied Jan 4, 2023
I too am looking to go short but I trade longer time frames and hold them until they play out. The weekly chart below shows price touching some decent resistance and forming a doji but that must wait for the end of the week to be seen as such. The ...
- Chokdee replied Dec 20, 2022
Sometimes line charts simplify what is happening. Here the weekly chart on the left is strong while the daily on the right is showing early signs of weekness. However I am waiting for more confirmation before even thinking of shorting it. ...
- Chokdee replied Dec 19, 2022
eu/aud going strong for me