Thanks Kind Regards Steve

Steviet's Live Trades!

Metatrader — Hi Derek, I have seen & used MT4 demo in the past - is it still the case that the demo's with most brokers only last 30 days (apart from IBFX & Alpari)? If so, that would be a bit of a pain for any sort of longer term testing. ...

Steviet's Live Trades!

Hi Bluefish, Yes, I'm definitely in for the long run For a change all 5 pairs made it through Friday without being stopped out so I can just observe Sunday & Monday's price action. Kind Regards Steve

Steviet's Live Trades!

OK, Many thanks one & all for your explanation of the ATR & how it can be used as a stop loss. Now I know I can work it out manually pretty easily so can do some testing in the future. I think I'm going to stick with things as I set out originally ...

Steviet's Live Trades!

Hi Takisd, Agreed, stochastics look overbought on the dailys but they did also mid Nov 06 & mid Jan 07. That's why I don't take a blind bit of notice of them because as a trend starts, it can stay overbought for 500 pips or more. I managed to catch ...

Cable Update (GBPUSD)

Yes, I think you're right - thanks Kind Regards Steve

Steviet's Live Trades!

Haha, great post! I'm starting to come to the conclusion that my stop loss method is probably as good as any other - they all have their pros & cons. Thanks for your additional insight - I also looked up this article url which talks about ATR ...

Steviet's Live Trades!

ATR — Hi karmostaji, OK, I understand I don't need to place this on the charts but how do I get the actual ATR value? On the attached chart I've got GBPUSD daily with an ATR at the bottom period 20, ranging from 0.011 to 0.014. What do these ...

Steviet's Live Trades!

The week that was.... — Well, we are now starting to see a few winners coming in - USDJPY has seen two 100+ winners this month and the current trades are looking fairly promising. Currently they are just over 300 pips in profit so with a good ...

Steviet's Live Trades!

Thanks for the support - I know you started trading live at probably the worst time so you're a credit to yourself for still being so positive about the future Just going to post my weekly update then I've got a question about the ATR ...

Steviet's Live Trades!

I guess it's what people would term a development curve and yes, this was always going to happen some time. It's very easy to get caught in the moment and not look at the big picture but I said in one of my very first posts that I was looking ...

Steviet's Live Trades!

Yup, I would do any tinkering on another account - my broker has both live & demo platforms & you can open sub accounts there too. lol about the totals - I'll post full update on the 28th - maybe these trades will be good to me & reduce this months ...

Steviet's Live Trades!

Thanks for the link Iso I know what ADX is - used to use it with MACD when I first looked at fx on shorter timeframes. My broker does have ATR average true range but just plots it at the bottom of the chart like an RSI or stochs would. ...

Steviet's Live Trades!

Thanks for the encouraging words turbo - you have been a true inspiration and support to me during my short journey so far, as have others (you know who you are ) with your PM's when I'm feeling a bit down. You are right of course - I have to ...

Steviet's Live Trades!

StevieT tactics - I love it Seriously well done bro - good to see you had a good week More of the same would be great from Monday too - unfortunately can't even afford cheap champagne on a few cents a pip You have a great ...

Steviet's Live Trades!

Late afternoon update — Well, it's a long time since I could say this but all 5 trades are currently in profit to the tune of 300 pips Only UJ has guaranteed profits but come Monday would hope to lock some more in on the other ...

Steviet's Live Trades!

Thanks for this additional info - shame my broker can't actually place it on the charts which is why I hadn't got a clue where people were getting the stop loss theory from lol Kind Regards Steve

Steviet's Live Trades!

Thanks so much for taking the time to post this I'll have a good look over the weekend - my stop loss strategy works pretty well most of the time but you can always look to improve I guess. Most of the time it does it's job and stops more ...

Steviet's Live Trades!

Yup, its easy to chop & change when things aren't going so well - I will stick with it because I know it will work - its me thats the problem from time to time Kind Regards Steve

Steviet's Live Trades!

Thanks very much Scott (great name by the way - my youngest son's name too ) OK, that makes a little more sense to me Kind Regards Steve

Steviet's Live Trades!