thought I’d dapple into pure price action for a day or so and er… lost £100 (shoulda practised first :() However, I did realise that trading without indicators does make me a little jumpy so I have continued with a bollinger Band/RSI system though for this month so far I am down £4 (after the initial loss) - this has been compounded by the fact that I am doing a bit of construction work until I find a grad position - so getting up at 4am home at 6pm asleep by 7 sorta thing!
I did get a notification about the HLHB system which lead to the amazing crossover system - anyone read into this?
Hey Freeze4Real, yer I know my Risk Ratio is rubbish that is why I am here XD - I’m hoping to hone my system of using bollinger and MACD and potentially move from 5min graphs to 1hr graphs - and now starting to look at the amazing crossover/trendcatcher systems that I have seen on here as I need to move away from short term to long term trading when I start working.
My Broker is Intertrader - and I’m not sure about other brokers but mine does charge an overnight fee for negative trades which seems to be 73p per night GBPUSD, 93p per night USDJPY (fluctuates).