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wasp

Market Wizard
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Everything posted by wasp

  1. I prefer the look of the HP too!
  2. http://uk.computers.toshiba-europe.com/cgi-bin/ToshibaCSG/jsp/productPage.do?PRODUCT_ID=150236 different toshiba.... XP reduced my options a ton so its vista
  3. I want (1) 17'' even if it means (2) a spare battery all the time and (3) performance first. The Toshiba I just ran through a ''let us help you choose'' thing this morning so need to re-look into that :shocked: (didn't read through all the spec properly :doh:)
  4. The top 3 are............... 1: HP_Compaq_8710_workstation 2: Toshiba_Satelite_Pro_U400 3: Falcon F-12
  5. Exactly, a wise bank trader once told me the larger the TF the more strength and as you say, the more it stands out, the more people will take notice of a level and you'll have people scaling out, exiting or going long which will stop and/or reverse it. Of course, depending on economics/climate at the time and upper resistance related to that point will then decipher its future direction but something that major will always have an effect. You can see that from the daily charts I have posted on GBPJPY.
  6. I would say it would be even more important.
  7. Why do you find it that remarkable?
  8. Its like anything in life, the longer you do it, the easier it becomes and the better you know it..... In a past life I was a professional bartender in Hong Kong. When I started, a 'screwdriver' was in your toolbox. Nowadays, I could make you 100 different cocktails from memory......... Just how long it takes is the unanswerable question...
  9. You're making generalizations which are actually a matter of personal choice. Yet without raising these questions and queries negates forums and discussion and also every book ever written on the subject.
  10. Hi Paul, do you know what their general opinion on HP Compaq workstations are by any chance?
  11. Unfortunately I spent days and days, physically measuring each and every sodding week, one by one..........
  12. On another forum a couple of years ago I was having a panic attack that cable had died a death and I did some long winded extensive research, (I'll dig out the charts) to see in relation year by year regards the volatility. I haven't traded cable for some time and looked a couple of weeks back to see it moving 200 either way, sometimes twice a day all week. Couldn't believe it as the last time I traded it it was in a 100 point weekly range! swings and roundabouts.....
  13. Thats just the way the cookie crumbles.... Sometimes they move, sometimes they don't... They can't all be shooting 400 pips a day! Swings and roundabouts really. There's volatile times and quiet times, just have to roll with it.........
  14. I'm not sure who ''anyone'' encompasses in particular either :shocked: just members who post in here really....... I wouldn't say I trade mechanical, my setups just happen to appear that way but all my trades are discretionary to a degree each time. Anyhow, we are drifting from the point here... I don't think, looking at FW's chart in question, one could have captured the whole range in one trade looking at the one minute chart alone with those levels and trendlines. IMO.
  15. An exit can very often be a very good reason to SAR if that is how you view your exits and it works very well for me. Not necessarily though for anyone else. Being confident and correctly interpretating what is happening go hand in hand, as one needs both to execute their trading successfully imo. Well yes, mechanical vs discretionary is another kettle of fish but I don't think anyone here is?
  16. Yes, if one is confident it is going to stay in the down trend till the end of the day of course. Which is why, imo, you need to look at a larger TF too. If the crossing of trendlines and S/R is a valid change in direction and price reversed and ended the day above the open, things would not have been as good. Yes they are of course as I can only account for myself and as far TF, again, it is a matter of choice as I swing these days rather than day trade. agreed!
  17. Agree. Catch it all or just a bit, points are points and being greedy is not good... Be happy with a consistent return, scale it up over the weeks and months and happy days!
  18. Cheers guys, All comments taken on board and helping me get the shortlist, shorter! I'll update with the top 3 before I choose, see what you experts think!
  19. Chart annotated. Obviously, this is hindsight but anyhow... The way I would trade on a smaller TF like this is annotated via the orange circles. An exit is an entry! My method is documented enough I think but simply it is to a trendline with a HrL or LrH to confirm then a break of that with S or R depending on direction. There would be numerous trades and a couple of losses. Whether I was trading multiple contracts or not, I would have taken all those trades. If I wanted to catch it all in just one move, I would be looking at a larger TF. I don't think you can catch a days movement in just one on such a small TF personally. Indeed, as this is a one minute chart though, I wouldn't like to place anymore trades in there than I could help. TF aside, I have only made 2 trades this week and caught most of the range on my instrument, but a shorter TF player would have made more trades... Who would have made more though......? Hindsight is 20/20 but without some sort of analysis how can you improve your view, even if after the event............ As mentioned above, the more trades and attempts to catch every swing, especially on such a short TF, is more than likely going to encounter more losses IMO. Double the daily range would be fantastic!
  20. http://computers2.toshiba.co.uk/toshiba/laptopsearch.nsf/searchdirect?readform&service=UK&charset=utf-8 handy little tool from Toshiba
  21. An interesting site...... Chunky laptops though, hardly call them laptops! http://www.tradingcomputers.co.uk/index.html
  22. Afternoon/mornin'/evenin' all, (wherever you may be!)! I am after a dedicated laptop for trading to support, metatrader, currenex, hotspot and a couple of stand alone broker platforms. NOTHING else; there will be not one music file, nor a picture or anything else. It will be directly wired to the internet at home but I do need to move about so occasionally I will be on wi-fi and occasionally using a wireless card so the internet connection won't always be great, but no reason to not get the best machine still. I was thinking a gaming machine would be best but tbh, tech is not my strong point so could be far from the ideal. It would also be ideally lightweight and all in black! Oh, and a built in webcam plus XP and not vista. I usually buy from these guys but any advice appreciated. http://www.laptopsdirect.co.uk/ Cheers
  23. Nicely done FW, nice cross and drop... I must open an account with WHC so I can catch some of these................
  24. Whilst wary at the 108.30 area, I wouldn't be short yet as IMO the trend atm is still up till further evidence suggests otherwise.
  25. Mornin' chaps, My niece and sister here today so no time to post but quickly............ they are daily areas which price could not surpass due to supply and demand basically. All very simple and some go back weeks. If they are penetrated more than a couple of times with no reaction I kill them off, other wise they stay.
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