Recent content by ChrisEccles

First of all, TRO, I don't get why you should have been banned from a number of forums ! Trading forums (fora ?) are, presumably, there to help traders, not brokers. - Your method appears deceptively simple and, having just flashed up a number of historical charts at random in the pairs I most...

I use GFT with no hassles. - Chris

Hey, I don't have any secret weapons, man ! - All I'm saying is that, with a very high probability, these "scheme" guys don't have them, either. - I have a mini-account. I have gaining days and I have losing days. I trade largely on breakouts from the major releases. Sometimes I open a position...

I'm not sure, mgg523, whether you meant that I was throwing whims into the arena or not ! I can assure you that what I post, here and elsewhere, is the result of carefully considering what I really feel to be the case. - The history of "schemes" which purport to have discovered loopholes in...

... and crop circles are made by aliens, rearranging your furniture will bring good fortune to your household, the CIA killed Kennedy, and you can get pregnant by sitting on lavatory seats .... All absolutely true. - Chris

I read these reviews of "Trading Systems" with a certain wry smile (including the eloquent 'qqqqqqqqqqqqqqqq' comments !) because the sure and certain logic of the matter is that NONE OF THEM WILL EVER WORK FOR YOU IN THE LONG TERM and, if anyone had discovered an algorithm which did, they...

It is theoretically possible to open a €2,000 mini account and become a millionaire in twelve trades. Anyone with third-grade math can work that one out. - The real world is a little different. - If you went to Catford and backed the winning dog in every race on the card, you'd also be a...

This chart was kindly circulated by Kathy from GFT. I'm sure she will not object to it becoming more widely seen. - It helps me to assess and evaluate the likely longevity of a trend when I find one. Aside from big news whips and flooky CB interventions, this enables a first-cut...

Trading Log Sheet If anyone wants to use my log sheet pattern, here is the download: - Chris

We are constantly urged to keep emotions out of the trading arena, and that is sound advice. But, during each and every trade, I guess everyone experiences one or more of these five states of mind: ONE: "Oops ! I misjudged the market - Get me out of here, now." TWO: "It's going my...

Pharaoh's comments notwithstanding, there is the underlying psychology to consider here, as well as 'honest' v. 'dishonest' brokers actions. - In a demo account (as I well know because I've done it, too) there is a tendency to be able to grow your equity at an astonishing rate. You take...

I wouldn't consider myself an expert by any means, ambdemmy ! But here's my (verbatim) sheet for next week, if it helps: Week 10/05/09 - 15/05/09 Mon 11/05 Look for trend in AUD/JPY and/or USD/AUD based on business conf release 02.30BST Watch EUR/USD and EUR/GBP for move AFTER...

I have three kids and, yes, a lot of energy ! I just LOVE trading, I guess. Thanks ! :) I'm looking forward to drawing off some around July but priority for just now is to grow the balance ! Zeal shouldn't wane if you love what you do, but I see your point. However, I rarely spend...

My trading week begins on Saturday morning, when I download and print the Data Release Calendars for the coming week from both Fx360 (GFTForex are my brokers) and FXCM. - I then run my account statement, verifying that it matches up with my longhand trading log for the previous week, and do my...

Not necessarily, Pharaoh, but I'll bet that USD/INR will be on all our quoteboards in 5-10 years' time if their economy can reach maturity before they end up blowing each other to bits ! ! ! - Chris