I must commend you for the good work you are doing on your websites and its been of tremendous help to new traders like me. I have been trading the forex markets for exactly one year now and have been demo trading to test some strategies but recently I have found the volume spread analysis to be a very logical way to read market moves actually it was a further research on VSA that lead me to your site but I have some questions for you on volume spread analysis:
ñIs there a volume data for the forex market and how relevant is the strategy to the forex markets
- Do you trade the forex markets using VSA
- If you do ,what is the source of your volume information that you employ
- Does the strategy works well with currencies crosses,like GBP/CHF,GBP/NZD etc.
- Will you recommend the strategy to forex traders despite the fact that forex is not traded at a regulated exchange and reliable volume data can be difficult if not impossible to get
Made up my mind.. I want to learn “forex trading” – after many months searching online you’re the only authentic person I come across!! Can you help me??
Great website with a wealth of information.
I quit my job as an accountant due to childcare requirements and am looking to get into forex as I think it will give me the income & flexibility that I’m looking for at the moment. I have been trying various strategies (both with and without indicators) and have not come up with one that consistently makes money. I would like to make small consistent profits in forex and don’t really aim to make it big by risking too much. Also I don’t have a huge capital.
I would really really appreciate your advice on what I strategies/markets I should use. I’m open to looking at other opportunities (i.e. commodities, binaries etc.) if it is low risk.
Just found your site and am starting to dig in – seems like an endless source of knowledge – thank you for your effort to put it up.I am new to forex – still study the bits. My tendency is for buff trading-price action. Question is: how do you identify the psychology of the market?
Hello Ms Anna….!
I am very much impressed with your articles and your success story in the
FX world. I am a beginner…You may also call me a newbie..as I only know the operation of the MT4 – platform…none of others…Since, it is my begining…I will try all my best to learn, as much as I can, from anywhere in the world…
Today, I came to know about your tool / indicator. This indi looks me a new one, perhaps, as I see no-where its name in the MT4 indi list in the platform.
Now, I want to learn from you how an additional indicator is included in the list of MT4…What procedure is applied…. If you can tell me, I will be very much thankful to you……Kind regards
that was really a nice and wonderful update of the market. I really enjoy it and wish ya the best in your trading. But i still continue to ask to be shown how to get the USD index install in my system. And are you still trading the forex fixed odd. Which broker do you use for that.
Thanks for your time.
Nice analysis. Thanks
Anna, downloaded the 55 page guide, at first glances it is excellent ,will give you a full reaction when I have completed. I noticed your comment about mentoring and I would be interested as and when. I had already thought that some time however limited would be useful for someone like me who is getting to grips with this complex and exciting subject.My aim is to be up and running to supplement what will be a liveable but not paricularly stunning pension later on this year.I am trading cautiously in Forex having trained and traded shares up until the point my broker Echelon went to the wall taking my account with it however by persevering I got all my loss back via FSCS.
What I really need is a pattern of activity for trading for the long and medium and term with a bit of occasional short term.An idea of a typical pro traders day/week would be a great help.
In the meantime thanks for your guidance
Love your Covered Call website. Lucid and wise. I’m now a believer.
You recommend Interactive Brokers but their services do not extend to managing portfolios just executing. Is there anyone out there you could recommend to reliably and economically manage sizeable Covered Calls portfolio of old mentally indolent investor?
Great websites! And I am gaining in knowledge and understanding of options quite quickly. I would now like to open an options trading account. You have recommended Interactive Brokers highly and offered an introduction. I would be very grateful if you could provide me with such an introduction as I am ready to begin trading options.
I look forward to hearing from you.
Thank you and very best wishes.
I really like your website and blog which are very resourceful, practical and beneficial.
Regarding Volume Spread Analysis (VSA) , I would like to ask you one question that is if I know the event/ inside news/corporate announcement earlier than public know then would it be wise/safe to buy when strength just appear on down-bar in a down trend market and sell when upthrust appears on up trend market with out considering the series of tests in downtrend and no supply during up trend. Please reply me as early as possible. Your help will be really appreciated.
Wish you all the best.
Just discovered your great website today. 20/11/2011
One question i can never get a satisfactory answer to is what percentage per month can one expect to make from trading full time? i.e. if you’re a competent trader not a beginner or an intermediate.
Let’s say you’re trading capital is only £10,000 and you strictly use money management and adhere to the 1% rule £100 max loss per trade and on some trades you might go up to 2% but NEVER more than 3%
Would we be looking at 10% 20% or less than this? Perhaps more than this? Sometimes?
I understand one can have losing weeks even months but i would love to get an idea of what is reasonable.
I have just come across your excellent website and was wondering if you could give me some advice.
I am a newby to day trading. I want to start with £500. Is this possible and could you give me some tips to invest it?
Your site(s) are absolutely brilliant! Really informative and well written.
I would be extremely grateful if you could help with my query – I’m thinking of writing covered calls but I’m concerned / confused about the tax implications. I live and work in the UK but most info online is aimed at the US.
I’ve read that the money generated from the calls will be treated as income (not CGT). As a higher rate tax payer this would be very unattractive. I’ve also read that if the shares get called away then the upside and options premium both fall under CGT. Please can you clarify the situation? The easiest solution would be to trade the covered calls on stock in an ISA but this does not seem possible.
I look forward to your reply. Thank you for your help.
My name is Wah ,been following you on your great website for good few month now have also try trading demo account by MBT cos they say they are ECN every thing is ok so far so good and want to start to trade a real account but when I try to open a real account MBT said they dont take client from UK can you help
I have try looking on net and reading reviews to find a broker but more I read more confuse I become every broker seem to have lots of bad custumers calling them a scam.
I was browsing the internet and came across your wonderfully informative site. I am looking for an experienced currency options trader for an institutional account. I currently trade equity options. While I have spoken to traders as various give-up banks ABN-AMRO and and a few of the places the ex traders from their set up, I have only spoken to one currency options guy. It was years ago and he was head of currency options at B of A.
Are you working with a firm? If not, could you refer me to someone who actually understands currency options and the strategies available to provide principal protection and cashflow.
There are no bad days in the options market.
One of my students pointed me to your page.
I could not find a page on you site with contact detail, so I’m writing here.
Would you kindly send me an email so that I can respond to it in order to ask you a few q’s about your speaking availability, etc.?
Thank you, Anna.
Norman Hallett, Founder
The Disciplined Trader Intensive Program
Many thanks for your generousity. I’m an elderly person who knows NOTHING about trading at all. Where can I find out what the basic terninology means??? ” Long? Short? Stop? etc???” I cannot find this simple beginning ANYWHERE. Until I can understand this I can’t understand anything – and I’m a university graduate – meaning I can grasp relatively complicated concepts. Does anyone remember how it was for you before you knew anything? Anyway I have been advised to have a look at gold and silver and that has an appeal – as a way to protect what capital I have and perhaps to trade? I’m having a giggle at this as it seems so lame but of course it’s hard to move when you can’t find where the beginning of the road is! Anyway thanks again for your website as it gives real encouragement to a tentative beginner such as myself. In case I lost the plot there ( it’s 2:15 am here in Hawaii ) I’m looking for a source of the most basic tuition. Help? Be well and prosper.
I found your site some months ago , and find it to be very interesting.
I live in the caribbean and I am not exposed to a number of things , however I would really like to learn how to trade currency.
I am reading through the road maps and other articles on the site. I think I learn quicker through hands on training.
Do you do personal mentoring?
Just wanted to say, great sites(s)… Why so many?
It is boring; solo trading isn’t it. Is that why so many sites?
I used to live near you. Now out in Surrey. And full time trading.
I am looking to start trading covered calls on FTSE 100 options using the buy-write strategy you describe. I currently have a buy and hold approach on FTSE 100 shares and rely on the dividends for income so this looks a good way to increase the yield. Currently, I don’t use stop losses as I take the approach that the share price is less relevant than the dividend.
I see that you advocate using a simple stop loss and was just wondering how you decide where to place it when operating a buy-write strategy? Clearly its a tricky balancing act to avoid getting stopped out of a share to early that would still pay a divi and offer option writing possibilities.
first of all congratulations for your web site and all the information you can provide us, that’s really great..!!
I have a question to ask you.
I’ve noted that in all of your charts of Forex cross, Oil, and others you use always MA 9, 14, 40 & 200.
there is any technical reason why you use the same MA for all the instrument?
Look forward to hearing from you and thanks in advance for your usual help
Hey Anna, great site, great information and great clarity. I am deeply grateful for the information you have provided. I recently helped my mother buy a new ISA for herself and your information was the best explained and most comprehensive I have found – thank you so much.
Really like your sites – a lot of very useful information in one place
I’m based in the UK and have been playing with demo accounts for a while with various brokers based in the UK .
On your http://www.currency-forex-trading-online.com/start-trading-currency.htm page, you provide a great checklist for selecting brokers. One of the points you make is to select a broker which offers Unlimited demo account.
You seem to use and recommend ODL so I opened a demo account with them yesterday but they limit their demo a/cs to 30 days and apparently this applies even if you also open a live a/c with them.
My question is are you aware of this and are there any other brokers you suggest.
Thanks a lot
Thoroughly enjoyed your site and the wealth of info provided. I know you swear by the Mt4 platform. Rather i saw a video on how easily brokers are able to manipulate their clients trades via indicators pre set allowing the broker to delay the order routing process to insure worse price for the client, stop outs, ensuring price does not reach take profit orders, freezing the platform and or disconnecting the live feed and other heavenly tricks to trip up the client.,
Also i wondered what indicator you use for fx spot to guage volume. as the Mt4 format is calculated by tics and is in my view inaccurate.
Thanks a lot for providing such useful info to become a successful trader. my que. is that according to you which is the most suitable or accurate time frame study in a chart for intraday trading and short term trading (3-5 or 7 days) i am too much confused in it.
Many thanks to you for the free information available on line. You have opened my eye into new perspectives in trading especially on the subject of choosing a boker- (select an ECN broker instead of a market maker), the strategy of VSA (how the proffessional manipulated the price).
To participate in VSA strategy, I have a question that you may help me out;
1) How do you find out the particular stock out of so many stocks, that give the VSA signal i.e. high volume with up/ down thrust.
Do you select the stock by viewing its chart one by one or through stock screener? etc.
Awaiting for your reply.
I was doing a reserch on VSA and came across your website. I’ve just read your book on VPA (which is brilliant). I use VSA indicators (outstanding) and hopefully your book help me to go one more step in my trading career. Thanks and look forwarding to hear from you.
I am enjoying your many websites and wish that I had found you a long time ago. I appreciate your writing style and content. Please include me on the list for your book. How often do you publish your newsletter?
Firstly, congratulations for a brilliant webite and thank you very much for all this information. My question is related to stock. A few months ago, I bought shares in a company and quite recently we were given ex dividents in this company. The ex dividents were given in mid Sept and they will be paid in mid October. If I sold my shares before being paid, would I loose my dividents? Once dividents are paid, do share prices go down?
Thanks for your help in advance.
How are you? First off, let me congradulate you on a great site! Comprehnsive yet easy to read. Thank you!
I have been doing some betting on betonmarkets.co.uk for some time and had some success and would like to more on to currency options trading. And this is where I am having dificulty. I subscribe to a newsletter called the Dynamic Wealth Report where I have a subcription to the currency options section. This is a US based newsletter and I can’t seem to open a currency options account in the UK that allows me to trade like described in the newsletter….!!??
For example, I was advised a few days ago to buy Australian Dollar December 2009 $89 Calls at $1.85 or better (XDALK). This I perfectly understand but I do not know how to execute this order with a UK on-line broker?? I looked at Saxo Bank which offers FX options trading but their platform does not seem to correlate with what I have read in the Dynamic Wealth Report newsletter of what I should expect to find, i.e. what selections to make, buttons to press, etc…. Is there such a great difference between the US and te UK? Can I not trade in the same way, with the same terms? I would greatly appreciate some clarity or hepl in this matter.
Many thanks for your time and help, it is much appreciated.
Firstly I like to congratulate you and thank you for your amazing, helpful and educational websites. Back in June I bought some stock in this company and in September we were given dividents. The payment will be made in the 16th of October. Yesterday before the stock market closed, there were large volumes of shares being sold, they amounted to almost 2 Million pounds which brough down the price of the stock slighlty. My question is, if I decide to sell my shares on monday, will I loose the dividend payment being made on the 16th of October?
Generally after the dividents are paid, do shares prices come down? I would like to speacialise in equity trading, what you you recomend me to read?
Thank you very much for your help.
Hello Anna, thank you so much for your wide array of info. FYI—> I have been following your info on http://www.spot-silver.com/, and the chart page, but there is no info there today–it is just a blank page on the first and the second says that it is still opening after several attempts and 30 minutes of waiting on the last attempt.
Just found your site and am starting to digg in-seems like and endless source of knoledge-thank you for your effort to put it up
i am new to forex-still study the bits
my tendency is for buff trading-price action
question is: how do you identify the psychology of the market?
you are a daisy amongst weeds !!
thank you for your reply – i think i will stick to initial path for a while yet since travelled so far
down this route
your site is excellent – i wish i had found you sooner!! thank you for sharing such valuable
information – it really is priceless, well written and comprehensive – i too am interested in your
I have been reading your postings and have found them to be insightful.
I am wondering if you can suggest a forex trading room for me.
I have been trading stocks and etfs for about a year and eminis for 6 months. I am looking for a trading room where the moderator trades large contracts live ( not simulated trading). That way I know that he/she belives in what they preach. I am a conservative trend trader placing between 0 and 4 trades a day using only candles, support, resistance, volume,and a few moving avarages. I want to trade 4:00 to 10:00 AM ET ( Philadelphia) so I think I am best with a room in the UK or Europe.
Please i want to beging byu saying thank for all the free educational mateials concerning vsa.
I am a regular visitor to your site and i would like to know when is this ebook going to be ready and please do add me to the list of members interested in your book.
Firstly, Thank you for what I have found to be, a very informative site for a beginner in forex. I really treasure each page of the making bread series.
I was hoping to trouble you for the list of brokers that meet the minimum $5 million mark? Don’t worry I am not about to start trading just yet… there is much hard work and back testing to be done before I even attempt to gain a pip
Hi Anna, have been reading your stuff and think its very good. I am very interested in Forex trading but can;t afford to pay £3000 for any course. I have a trading account but just need
advise on where to get started.
Could you give me any advise? I know you give your tips where would i get the morning tip?
Nice analysis. Thanks
Thanks for another insighful presentation – great help, as usual.
I just wish the ECB would let the PIIGS default (& the Fed with the US come to that) rather than just keep kicking the can down the road – perhaps then we could have a suitable market correction and then form a base to move forward – oh well, I guess life isn’t that simple!
Very useful thoughts as usual, thank you – I presume the hammer candle is a “reversal” indicator – i.e. you could have the reverse situation after a period of increasing prices?
Wise words indeed, thanks Anna – I exited my silver and gold futures option trades last Friday, and very glad I did – but I still got stung on a covered call trade on AGQ – I bought puts as insurance, but only bought at the money, so they’ve not had sufficient delta to fully cover my stock loss – remedial action was necessary today!
Thanks for your comments on SLV – which I shall watch very closely for signs of support for possible re-entry.
Great to meet you at the traders expo . I will keep an eye on your web site.
Enjoy reading your commentary. You have some great ideas and very helpful information for newbies to the world of currency investing like myself.
I just noticed your invitation to receive a free Forex Guide to Investing report. Could you send me one? I tried to fill in the blank boxes above but it says that I am already registered which I am but I have never received the report.
Thanks and Keep up the good work!
Hi Anna, I have followed your website and Facebook page for a while now and I find your work really helpful – thanks!
I see gold has now broken through the triple top resistance of $1,425 – so I’ve bought GLD LEAPS and Gold Jun 2011 futures today – but now I see your comment about buying on strength – have I jumped the gun and bought too early do you think?