Hey jon,
jonisonvespa wrote:im also from uk,
Thanks for stopping by.
jonisonvespa wrote: just started on the same road as you with the buy zone,
I highly recommend logging your trades (it shouldn't necessarily be here, but just keep track of your trades). I am blogging it here because it pushes me to have disciplined trading habits. And also, logging your trades obviously has a reporting function where you can run your own stats with the method etc.
jonisonvespa wrote: why did you are you trading gu, surely best to trade eu as smaller spread??
I recall TRO mentioning it working well with the Cable, so I just went for it. Also, I reckon the Cable has more movement than EURUSD (I am uncertain though, and have not reviewed the figures). Either way, I do not really care much about spreads anymore, as I always place limit orders, meaning, you do not necessarily have to buy at the ask price and vice versa. I had those spread issues earlier, and realized that it really ate up much of the profit, so I changed my broker.
All the best,
Ken.