GJ closed Friday around the 186.50 level, so not quite the 500 pip drop. SaxoBank has now been open for 2 hours pre-market and started around the 186 level. I have a low of 184.33, although now slightly recovered to just under 185. Still an hour to ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Should be an interesting ride Tom Kind Regards Steve

Money Talks

I've traded a managed account with them for nearly a year now and have not had any issues with them. Kind Regards Steve

anyone know much about SAXO BANK for fx trading?

Ditto, Kris will be missed greatly around here - he's a genius. Catch you soon on YM no doubt Steve

Turbo's Journal

Thanks — Thanks people for your kind words both here & in pm. So, yesterday I started trading the managed account again as well as my own. Made a small profit of around $1k yesterday & today was the sort of day that my methods reap the ...

Steviet's Live Trades!

Update — OK, so here goes with the update - better late than never but I'm sure you'll understand after reading. My target was to get the account balance back up to $127k by the end of August and reached just over $126k ready for full-time ...

Steviet's Live Trades!

Sorry! — Sorry Stew & all those that have pm'd me. There will be a full update very shortly and I am alive and well(ish) Kind Regards Steve

Steviet's Live Trades!

Hey Tom! I think that a lot of people at FF do like you for the very same reasons It's good to see you back posting. Kind Regards Steve

The Root of Forex Swing Trading

Answers below....

Steviet's Live Trades!

Hi shades No, the only pair I've actually traded this on is GBPJPY, however GBPCHF would be a good candidate due to the fairly large average daily range and general volatility. The spread isn't great on the pair though with most brokers. Kind ...

Steviet's Live Trades!

Hey there Seeking Great to see you stop by and as always, very eloquent Not quite agreeing on the 60% - I would say my maximum risk would ever be is 30%..... Lets say I have 5 short positions on which would be the maximum allowed in any ...

Steviet's Live Trades!

Happy Birthday!! — Hey Mike Long time no speak! Hope you had a great day You're making this 40 year old feel it haha Kind Regards Steve

MW's trading journal

You're most welcome

Steviet's Live Trades!

Hi again, OK, I may place a long at a minor support identified on the shorter term charts (1 hour or less). If there is still a major support identified from the longer term charts at least 50 pips below that original entry I would probably place a ...

Steviet's Live Trades!

Hi again cyborg I hope the above post answers your question too. Kind Regards Steve

Steviet's Live Trades!

Hey there Stew Hows things? Yes, I can only ever have 5 trades open in any direction. These are not necessarily exactly 50 pips apart as I'm looking for local support & resistance wher the price is likely to bounce. They may be 80 or 100 pips ...

Steviet's Live Trades!

Hi Abhishek, Yes, for the first six months or so of my journal I was testing a completely different method to what you see now. For nearly a year now I've been using the same stop loss & take profit figures. All I use is price action and ...

Steviet's Live Trades!

Hi cyborg, Drawdowns are always an issue but if you are following my strategy to the letter, they shouldn't ever grow too high to force you to close all trades. I have certain rules in place to ensure that things never get out of hand and it's ...

Steviet's Live Trades!

Awesome

Karmostaji's Journal

End of month results — Well, after the trials and tribulations of June, July has been profitable although I did dip down to around $117k just after my mid month results and it has been slow & steady progress since then. Jan 15th Start Balance ...

Steviet's Live Trades!