InterceptorFX - HuntAlpha

In response to:This week.....

2013-05-11T00:24:42+02:00

Hi
I'm looking around the IB platform at the moment, although purely for execution as their charts suck! I suppose you could call them top-end of retail. My advice would be to definitely stick to an ECN broker, avoid dealing desks and look for a broker in a regulated environment.
I've used HotSpot and the Alpari UK Pro (Currenex) previously, and I found them to be fine.
As far as charting is concerned, I really like the TradeInterceptor set up. There's a couple of bugbears, such as no syncing between desktop and mobile platforms etc, and their choice of brokers makes direct execution unpalatable. But the basic charts themselves are good.
I've put a link, below, which may be slightly out of date as far as the brokers are concerned, but gives a useful schematic of the pros and cons of DD, NDD, ECN and STP.
http://www.100forexbrokers.com/stp-ecn-brokers

In response to:This week.....

2013-05-10T19:59:22+02:00

Can I ask which trading platform ? I'm going to be needing one soon and have only used MT4 and IG Index. Any particular merits of the one you have chosen ?

In response to:Thursday 25 April (4)

2013-04-26T12:38:59+02:00

Hi
The market didn't move as far as my take profit point, and then reversed and stopped me out.
Hope this helps.
Mark

In response to:Thursday 25 April (4)

2013-04-26T11:30:51+02:00

If you don't mind me asking - what went wrong with the trade. It looks like the entry was good.

In response to:Setting Levels

2013-04-11T12:52:30+02:00

Thanks for such a lengthy introduction to your level setting. That wasn't necessarily the first topic I was curious about but your closing comment about setting risk being related to the bar or candle that provides the trigger for the trade was interesting. That was something I was going to ask about a while ago and I hope its something you feel like discussing a bit more at a later date. I'm still about 6 weeks away from having the time and (office) space before I start trading.

Cheers

Andrew

In response to:February Summary

2013-03-01T16:50:14+01:00

Thanks, Andrew.
Always nice to have feedback.

In response to:February Summary

2013-03-01T15:52:26+01:00

Great results - and thanks for your post the other day on some simple things to keep in mind. Succinct but provides plenty of focus about what is important. I still haven't got set-up to trade yet (still working on renovating the office space to get set-up in the house) but I'm still reading all your posts. Thanks again, Andrew

In response to:I'll go blind......

2013-02-02T12:19:26+01:00

Hi
I use the 200 both as a barometer of sentiment, and as a shifting support and resistance level.
As the fx market is a 24 hour a day market, then unless you are trading off weekly charts you don't really have a satisfactory open/close for sentiment.
It's also interesting how price reacts around it. One of the few (if not indeed the only) 'self fulfilling' indicators which actually do anything!
It also fits in to my longer term trading as a point of endorsement for looking to build a position, rather than merely scalping.
Hope this helps.
Mark

In response to:I'll go blind......

2013-02-02T11:09:38+01:00

I'm interested in your use of the longer term MA, 200 EMA I think. Do you use this to filter your trades, determine trend and if so it that based on slope which side PA is? Is it only used on one specific time frame for such filtering? Thanks for all the posts I find them a really refreshing purist supply and demand view of the world.

In response to:More content.......

2013-01-27T16:03:12+01:00

That's great news. I'm looking forward to that as it is one of the things I was interested in (how trades initiated off the lower time-frames fit in to your big picture).

In response to:Return

2012-10-10T19:07:19+02:00

welcome back..i happy for you

In response to:Return

2012-10-09T12:53:08+02:00

Welcome back!

In response to:Getting This Moving Again.....

2011-11-08T19:10:02+01:00

Great to see you back - forgot about your messages popping in to my inbox until just now. I plan on resuming my trading part-time very soon so hope to see you in the trading room.

In response to:Eur/Usd April 2006 - March 2011

2011-04-06T11:12:54+02:00

Hi Paul
These results are from a different, long term, method.
I am (trying) to bring into this blog space all that I now do, its just taking me a little time! There are 3 different methods which I use, from the longer term(above), to the H1 counter-trend bounces, down to a lower TF method which can run for as little as 15-30 minutes, up to 2 or even 3 days.

Cheers

Mark

In response to:Eur/Usd April 2006 - March 2011

2011-04-05T23:42:39+02:00

Hi Mark, Are the results above based on a different method of trading than that described on this blog?

Thanks,
Paul

In response to:Position Trading Portfolio

2011-03-30T05:28:32+02:00

Thanks for the linked in Invite.

We are trading mechanical strategies off chart patterns and it will be educative to hear about contra strategies that we intend to build.

Please reply at my email only.

regards,
alok

In response to:Support & Resistance Turns(Contrarian)

2011-03-18T12:41:18+01:00

Hi Paul
Thanks for the comment, and I shall take a look at that link.
Cheers
Mark

In response to:Support & Resistance Turns(Contrarian)

2011-03-18T01:02:11+01:00

Interesting stuff Mark. I look forward to reading further entries. I agree that diversification of markets and time frames makes sense. Take a look at http://www.myforexdot.org.uk I have been corresponding with this guy to back test some long term trend trading strategies.

Paul

In response to:Back Again....

2011-03-17T06:11:23+01:00

Waiting for ur next entries..

In response to:Changes

2011-03-12T01:07:33+01:00

I've been meaning to leave a comment, just now getting to it.

I've enjoyed this blog for a good while now and look forward to seeing what you have coming next. Don't let it go, please :)

Hope all is well Mark, I know the last couple of months weren't the easiest on the home front. Looking forward to a better second half of 2011.

Cheers buddy,

Sam

In response to:Changes

2011-02-26T21:07:33+01:00

Hi David
It's more a case that the pure s & r stuff is a component of and within my overall trading, rather than a whole new method.

cheers

Mark

In response to:Changes

2011-02-26T17:09:20+01:00

Looking forward to your new style.

In response to:Back on 29th January

2011-01-19T09:40:54+01:00

Thanks, Sam.
Appreciated.

In response to:Back on 29th January

2011-01-19T09:25:28+01:00

I know I speak on behalf of many of your subscribers & lurkers alike in wishing you the best during this time with your family.

Best to you Mark.

Sam

In response to:Happy New Year....

2011-01-01T18:03:46+01:00

All the best for 2011 and good trading to you

Paul

In response to:Seasons Greetings

2011-01-01T01:28:36+01:00

Happy New Year...

Same goes to me, thanks for weekly level you posted. Really help me a lot...

In response to:Seasons Greetings

2010-12-17T22:04:19+01:00

Pleased to hear it.
Have a great holiday!

Mark

In response to:Seasons Greetings

2010-12-17T20:27:32+01:00

Merry Christmas and a happy 2011. I just wanted to thank you for posting the levels as the have helped my trading results.

Thanks,

David

In response to:November Summary

2010-12-02T16:37:17+01:00

Thank you for the answer to my question, much appreciated.

Hope to see you at the webinar of Steve on monday.

Cheers

In response to:November Summary

2010-12-02T13:07:56+01:00

Hi David
Money management: I now risk 1% per trade. As the loss size aggregates out at circa 25 pips, that means -25 pips = -1%, +100 pips = +4% etc.

Hope that helps.

Mark