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  #57001  
Old Mar 3, 2010 7:17am
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Quote:
Originally Posted by TiaForex View Post
Well it doubles up. Hence my joke. Currency trader humour is impenetrable...
I noticed that, but still wasn't sure which of the two 'pages' you were on! lol

So you were on both.

All's good.
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  #57004  
Old Mar 3, 2010 7:57am
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US$500 account? Go Oanda. And chart using MT4 (IBFX demo or something)

Oanda allows you to trade all the way down to $1.00
That's NOT $1.00 per pip, I'm talking about, for example , a currency moving 100 points and you receiving 1c gain because you only bought $1. lol

...That's a GREAT advantage. You can size you trades VERY appropriately and with $500 could even trade the Monthly charts if it took your fancy. 1000 pips can mean about $10. LOL (depending on the pair.)

Keep in mind with Oanda:-


Their charts are based on some average value in the middle of the spread.
So you may end up setting your stop at what is not actually the high or low of whatever bar you are basing the trade on. ....So use the charts on your MT4 screen to get your price levels etc. If you're trading the dailys etc , it isn't as big a problem on most pairs, but still needs to be kept in mind.

Just telling you that... as I got caught out a few times when I switched to their window (after finding the setup on Mt4) and then looked at their charts to get my levels. Took me a while to figure that out and get used to it.

OANDA have an unlimited time demo. Check them out now and have a play.

Quote:
Originally Posted by Pinnocchio_S View Post
Hi there chaps.

I'm about to open a real small live account (US$500) just to get a feel for things and only trade A++ setups ( I have been profitable for the first 3 months of demo as per J16 guidelines even though I have been guilty sometimes of trading sub A++ setups)

Anyways, from what I noticed not all brokers offer micro lots, & those that do I haven't heard of. Anybody for instance got any experience with Activ Trades? Are they any good? & should I go for their fixed or variable spreads?


Many thanks


Stef
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  #57001  
Old Mar 3, 2010 7:17am
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Quote:
Originally Posted by TiaForex View Post
Well it doubles up. Hence my joke. Currency trader humour is impenetrable...
I noticed that, but still wasn't sure which of the two 'pages' you were on! lol

So you were on both.

All's good.
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  #57004  
Old Mar 3, 2010 7:57am
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US$500 account? Go Oanda. And chart using MT4 (IBFX demo or something)

Oanda allows you to trade all the way down to $1.00
That's NOT $1.00 per pip, I'm talking about, for example , a currency moving 100 points and you receiving 1c gain because you only bought $1. lol

...That's a GREAT advantage. You can size you trades VERY appropriately and with $500 could even trade the Monthly charts if it took your fancy. 1000 pips can mean about $10. LOL (depending on the pair.)

Keep in mind with Oanda:-


Their charts are based on some average value in the middle of the spread.
So you may end up setting your stop at what is not actually the high or low of whatever bar you are basing the trade on. ....So use the charts on your MT4 screen to get your price levels etc. If you're trading the dailys etc , it isn't as big a problem on most pairs, but still needs to be kept in mind.

Just telling you that... as I got caught out a few times when I switched to their window (after finding the setup on Mt4) and then looked at their charts to get my levels. Took me a while to figure that out and get used to it.

OANDA have an unlimited time demo. Check them out now and have a play.

Quote:
Originally Posted by Pinnocchio_S View Post
Hi there chaps.

I'm about to open a real small live account (US$500) just to get a feel for things and only trade A++ setups ( I have been profitable for the first 3 months of demo as per J16 guidelines even though I have been guilty sometimes of trading sub A++ setups)

Anyways, from what I noticed not all brokers offer micro lots, & those that do I haven't heard of. Anybody for instance got any experience with Activ Trades? Are they any good? & should I go for their fixed or variable spreads?


Many thanks


Stef
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  #57020  
Old Mar 3, 2010 10:13am
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Quote:
Originally Posted by Max Profit View Post
If not, fine, I'll get there, just wanted to fast forward. Notice there are not many losing trades posted here is there?
Well you haven't read too far then, have you? lol
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  #57023  
Old Mar 3, 2010 10:43am
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Quote:
Originally Posted by jarroo View Post
Yeah sure, I'm kicking myself a little bit right now. And I got plenty of excuses too . . . not familar with the pair . . . pair is a choppy . . etc.
Couldn't possibly go any higher eh? lol

Going to be interesting to watch this one, by the looks.

NZD pairs have been good to me lately too.
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  #57026  
Old Mar 3, 2010 11:05am
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Quote:
Originally Posted by jarroo View Post
Uncharted territory, bring out the FE . . . . Fly me to the moon.
Yeah, FE would be handy. Damn ugly chart to base it off of though. LOL

I like the cleaner charts , as I said.

...OK.... We could try this and see what happens as an experiment...

100% move is around about 1.3225
161.8% fib move is about 1.3780

Don't think the Kiwi's will let it get THAT out of hand though. Or they'll try not to. lol

Chart...
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  #57028  
Old Mar 3, 2010 11:13am
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Quote:
Originally Posted by bundyraider
...OK.... We could try this and see what happens as an experiment...

100% move is around about 1.3225
161.8% fib move is about 1.3780

Don't think the Kiwi's will let it get THAT out of hand though. Or they'll try not to. lol

Chart...
And this bigger move brings about 1.3360 area for the 61.8% exp. (1.3400 ?? )

Anyway, sleep time. Have a good day all.
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  #57020  
Old Mar 3, 2010 10:13am
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Quote:
Originally Posted by Max Profit View Post
If not, fine, I'll get there, just wanted to fast forward. Notice there are not many losing trades posted here is there?
Well you haven't read too far then, have you? lol
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  #57023  
Old Mar 3, 2010 10:43am
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Quote:
Originally Posted by jarroo View Post
Yeah sure, I'm kicking myself a little bit right now. And I got plenty of excuses too . . . not familar with the pair . . . pair is a choppy . . etc.
Couldn't possibly go any higher eh? lol

Going to be interesting to watch this one, by the looks.

NZD pairs have been good to me lately too.
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  #57026  
Old Mar 3, 2010 11:05am
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Quote:
Originally Posted by jarroo View Post
Uncharted territory, bring out the FE . . . . Fly me to the moon.
Yeah, FE would be handy. Damn ugly chart to base it off of though. LOL

I like the cleaner charts , as I said.

...OK.... We could try this and see what happens as an experiment...

100% move is around about 1.3225
161.8% fib move is about 1.3780

Don't think the Kiwi's will let it get THAT out of hand though. Or they'll try not to. lol

Chart...
Attached Thumbnails
Click image for larger version

Name:	nzd fe.gif
Views:	30
Size:	17.0 KB
ID:	431180    
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  #57028  
Old Mar 3, 2010 11:13am
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Quote:
Originally Posted by bundyraider
...OK.... We could try this and see what happens as an experiment...

100% move is around about 1.3225
161.8% fib move is about 1.3780

Don't think the Kiwi's will let it get THAT out of hand though. Or they'll try not to. lol

Chart...
And this bigger move brings about 1.3360 area for the 61.8% exp. (1.3400 ?? )

Anyway, sleep time. Have a good day all.
Attached Thumbnails
Click image for larger version

Name:	nzd fe bigger move.gif
Views:	21
Size:	14.9 KB
ID:	431195    
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  #57106  
Old Mar 3, 2010 5:51pm
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Quote:
Originally Posted by Jlr View Post
This is a fact. I closed out a small lot maybe a few months back, after a quick 60 pip spike in my favor from cash rate decision, and I was given the exit as if the spike never happened. Even went through CS and they went through my logs and confirmed that I exited before the spike. Was the biggest BS I've ever been apart of in my short time in the currency world. Other then that though, haven't seen anything I thought was off. Just thought I'd bump your post because I am still pissed about it
I was joking about the slippage issue. I'm pretty impressed with Oandas backend handling systems. They're only passing on the condition of the market at news time.

Every time I've gotten steamed up about a trade 'I was screwed over with' I've looked at the position logs and order logs and so on and found an error on my part. ...Little things like forgetting I had a take profit set, or inputting a wrong number based on another pair's chart and so on. If you get caught out at news time, it'd be for a legit reason IMO.

Oanda's charting platform is ordinary on features (That's where MT4 is the solution). It's FAST though. None of this slow motion crap you get with the IBFX etc feeds. Oanda passes through what's happening 'right now'. I actually like that too... You know it's the real market (with adjusted spread)
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  #57119  
Old Mar 3, 2010 6:38pm
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Quote:
Originally Posted by diggsnoob View Post
haha...sorry man, they cut out all my posts from beau's forum and the old pf! what else can i say? it's all in here already!
Thought it didn't add up. That makes sense now. lol
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  #57106  
Old Mar 3, 2010 5:51pm
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Quote:
Originally Posted by Jlr View Post
This is a fact. I closed out a small lot maybe a few months back, after a quick 60 pip spike in my favor from cash rate decision, and I was given the exit as if the spike never happened. Even went through CS and they went through my logs and confirmed that I exited before the spike. Was the biggest BS I've ever been apart of in my short time in the currency world. Other then that though, haven't seen anything I thought was off. Just thought I'd bump your post because I am still pissed about it
I was joking about the slippage issue. I'm pretty impressed with Oandas backend handling systems. They're only passing on the condition of the market at news time.

Every time I've gotten steamed up about a trade 'I was screwed over with' I've looked at the position logs and order logs and so on and found an error on my part. ...Little things like forgetting I had a take profit set, or inputting a wrong number based on another pair's chart and so on. If you get caught out at news time, it'd be for a legit reason IMO.

Oanda's charting platform is ordinary on features (That's where MT4 is the solution). It's FAST though. None of this slow motion crap you get with the IBFX etc feeds. Oanda passes through what's happening 'right now'. I actually like that too... You know it's the real market (with adjusted spread)
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  #57119  
Old Mar 3, 2010 6:38pm
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Quote:
Originally Posted by diggsnoob View Post
haha...sorry man, they cut out all my posts from beau's forum and the old pf! what else can i say? it's all in here already!
Thought it didn't add up. That makes sense now. lol
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  #57252  
Old Mar 4, 2010 6:42pm
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Quote:
Originally Posted by newjack View Post
Hi guys,

Sorry for not posting anything useful, but I'm just wondering how you guys manage multiple charts in MT4? I like to cycle through all symbols every hour, so I've opened up a chart window for each symbol and just ctrl+tab through each. I've saved this in each timeframe as a separate profile.

Problem is if I want to make any tweaks like add an indicator I need to do this for every single window in all profiles, which takes toooo long.

Is there a better way? Can I have just one chart and easily cycle through the symbols on that chart?
Two ways newjack...

Pull up "Navigator" to the side in MT4 then drag-drop your indicator into each chart as you control+tab.
Once you set the parameters the first time you should only have to hit the enter key each time.

... So you end up doing the following....


Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->

...No easier way, that's practical. It doesn't take that long once your good at it.

The second option is to drag-drop each symbol from the "Market Watch" panel into a chart one at a time. But this is crap, because you're trendlines , etc are stored on a per-pane basis.


What I do now and to me is better than all that, is to keep one set of charts in a profile. Then when it comes to checking a different time frame I hold my mouse over the "H1" for example then just go Ctrl-TAB--->Mouse Click

Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click

(In fact you can just hold the 'ctrl' key and drum between Tab--> 'mouse click' ...even easier )

...I do it real fast like a rythm on a set of drums. lol
Takes like ten seconds to change ALL currency charts to the new timeframe.

(edit: ...five seconds. )

...Then I hold down ctrl+tab and watch the time frame buttons.
If I missed one chart, a timeframe button will flick to the "M5" button or whatever every couple of seconds as the charts fly past.
I like to make sure I haven't missed one.I don't want to be entering a trade thinking it's long term when it's only a 1-min chart. lol

I change time frames like this a few times a day when the setups start rolling in on good days. Usually on the hour close.... Or on every 4 hour bar close etc.

The other thing I do is keep monthly and weekly copys of the profiles to have a clean slate to go back to with major Fibs TLs and PPZs already marked.
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Last edited by bundyraider, Mar 4, 2010 7:00pm
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  #57253  
Old Mar 4, 2010 6:53pm
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Quote:
Originally Posted by joelcf View Post
I think people are getting a bit carried away with the whole 'A trade' vs 'C trade' thing.
Too bloody right. LOL

For christs sake, A++ is just a way of saying ....A REALLLLY REALLLY GOOD SET UP IN A REALLY REALLY AWESOME LOCATION. That's where this all started.

Classing trades down to B- verses C+ etc is just ridiculous.

No one's ever going to see the same grading.

Anyone trying to get to grips with the basics is just going to have their brain twisting into a pretzel trying to understand whether they should take a trade or not , when it's actually many many times simpler than that.
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  #57258  
Old Mar 4, 2010 7:18pm
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Quote:
Originally Posted by StoragePro View Post
These are A+ comments. (who can resist a crack like tha?)

I prefer a more black and white approach. It is either a bar I want, or not. If it is 'close or boarder line, it is not.
LOL

Simple...

Set ups that are crap.

Set ups where you play close to your chest and manage tight.

Set ups that you can walk away from and check at the close of every bar.

OR

Set ups where you go "WOAH!!! now THAAAAT is a set up you don't skip!"
(VERY RARE on bar-to-bar basis. i.e "Real-Man's pin, in a PERFECT location")

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  #57259  
Old Mar 4, 2010 7:21pm
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Quote:
Originally Posted by Jcp View Post
Up to this point I have only traded the EUR/USD, for the last year or so. As I study the methods of J16 I am branching out to other pairs. Does anyone have a handful of recommended pairs that would be good to study and demo? Are there any I should stay away from ect...

Thanks!
If creating a list, start with the Majors. Easy.

Usd/jpy is great. Nice S/R compliance (Over time, different pairs have their time in the sun.)
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  #57262  
Old Mar 4, 2010 7:30pm
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Quote:
Originally Posted by joelcf View Post
I rambled some junk about this a few weeks ago, i think.




Damn you, FF. Always cutting off my quotes
Pull the number out of the 'quote' code .... "{quote=joelcf;3523475}"

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  #57252  
Old Mar 4, 2010 6:42pm
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Quote:
Originally Posted by newjack View Post
Hi guys,

Sorry for not posting anything useful, but I'm just wondering how you guys manage multiple charts in MT4? I like to cycle through all symbols every hour, so I've opened up a chart window for each symbol and just ctrl+tab through each. I've saved this in each timeframe as a separate profile.

Problem is if I want to make any tweaks like add an indicator I need to do this for every single window in all profiles, which takes toooo long.

Is there a better way? Can I have just one chart and easily cycle through the symbols on that chart?
Two ways newjack...

Pull up "Navigator" to the side in MT4 then drag-drop your indicator into each chart as you control+tab.
Once you set the parameters the first time you should only have to hit the enter key each time.

... So you end up doing the following....


Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->
Ctrl+TAB-->Drag-Drop indicator-->Enter key -->

...No easier way, that's practical. It doesn't take that long once your good at it.

The second option is to drag-drop each symbol from the "Market Watch" panel into a chart one at a time. But this is crap, because you're trendlines , etc are stored on a per-pane basis.


What I do now and to me is better than all that, is to keep one set of charts in a profile. Then when it comes to checking a different time frame I hold my mouse over the "H1" for example then just go Ctrl-TAB--->Mouse Click

Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click
Ctrl-TAB--->Mouse Click

(In fact you can just hold the 'ctrl' key and drum between Tab--> 'mouse click' ...even easier )

...I do it real fast like a rythm on a set of drums. lol
Takes like ten seconds to change ALL currency charts to the new timeframe.

(edit: ...five seconds. )

...Then I hold down ctrl+tab and watch the time frame buttons.
If I missed one chart, a timeframe button will flick to the "M5" button or whatever every couple of seconds as the charts fly past.
I like to make sure I haven't missed one.I don't want to be entering a trade thinking it's long term when it's only a 1-min chart. lol

I change time frames like this a few times a day when the setups start rolling in on good days. Usually on the hour close.... Or on every 4 hour bar close etc.

The other thing I do is keep monthly and weekly copys of the profiles to have a clean slate to go back to with major Fibs TLs and PPZs already marked.
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Last edited by bundyraider, Mar 4, 2010 7:00pm
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  #57253  
Old Mar 4, 2010 6:53pm
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Quote:
Originally Posted by joelcf View Post
I think people are getting a bit carried away with the whole 'A trade' vs 'C trade' thing.
Too bloody right. LOL

For christs sake, A++ is just a way of saying ....A REALLLLY REALLLY GOOD SET UP IN A REALLY REALLY AWESOME LOCATION. That's where this all started.

Classing trades down to B- verses C+ etc is just ridiculous.

No one's ever going to see the same grading.

Anyone trying to get to grips with the basics is just going to have their brain twisting into a pretzel trying to understand whether they should take a trade or not , when it's actually many many times simpler than that.
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  #57258  
Old Mar 4, 2010 7:18pm
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Quote:
Originally Posted by StoragePro View Post
These are A+ comments. (who can resist a crack like tha?)

I prefer a more black and white approach. It is either a bar I want, or not. If it is 'close or boarder line, it is not.
LOL

Simple...

Set ups that are crap.

Set ups where you play close to your chest and manage tight.

Set ups that you can walk away from and check at the close of every bar.

OR

Set ups where you go "WOAH!!! now THAAAAT is a set up you don't skip!"
(VERY RARE on bar-to-bar basis. i.e "Real-Man's pin, in a PERFECT location")

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  #57259  
Old Mar 4, 2010 7:21pm
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Quote:
Originally Posted by Jcp View Post
Up to this point I have only traded the EUR/USD, for the last year or so. As I study the methods of J16 I am branching out to other pairs. Does anyone have a handful of recommended pairs that would be good to study and demo? Are there any I should stay away from ect...

Thanks!
If creating a list, start with the Majors. Easy.

Usd/jpy is great. Nice S/R compliance (Over time, different pairs have their time in the sun.)
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  #57262  
Old Mar 4, 2010 7:30pm
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Quote:
Originally Posted by joelcf View Post
I rambled some junk about this a few weeks ago, i think.




Damn you, FF. Always cutting off my quotes
Pull the number out of the 'quote' code .... "{quote=joelcf;3523475}"

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  #57292  
Old Mar 5, 2010 2:12am
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Pretty quiet.

Sleep day for Mikey.

I'ma calling it a week.
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  #57292  
Old Mar 5, 2010 2:12am
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Pretty quiet.

Sleep day for Mikey.

I'ma calling it a week.
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  #57380  
Old Mar 5, 2010 7:19pm
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Quote:
Originally Posted by michal7 View Post
(Those higher arrow are quit far so I'd be break even if it went there for sure). I don't feel guilty for not taking this trade, it was not A+ no brainer for me, but I wanted to know if it was OK to pass this setup(by basic j16 standards).
That's the attitude.

Just because the market proved that it was a money maker doesn't mean you were wrong to pass on it.

We don't need the trades we 'pass' on to make money. We just need the ones we know how to trade well.

(...And I didn't take it either )
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  #57380  
Old Mar 5, 2010 7:19pm
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Quote:
Originally Posted by michal7 View Post
(Those higher arrow are quit far so I'd be break even if it went there for sure). I don't feel guilty for not taking this trade, it was not A+ no brainer for me, but I wanted to know if it was OK to pass this setup(by basic j16 standards).
That's the attitude.

Just because the market proved that it was a money maker doesn't mean you were wrong to pass on it.

We don't need the trades we 'pass' on to make money. We just need the ones we know how to trade well.

(...And I didn't take it either )
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  #57456  
Old Mar 7, 2010 6:06pm
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Quote:
Originally Posted by g_j_hook@yah View Post
hi guys, has anyone had any problems with using mt4 indis on mt5?? half of mine dont seem to be recognized!!?? does anyone have the spaced lines indi workin ?? my templates wont cross over either!!?? is this normal??

cheers

jon
Mt4 used to allow indicators to do things that Expert Advisors are designed for. They've tightened it all up now. There will be quite a few inds. and experts that will not work in MT5.
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  #57457  
Old Mar 7, 2010 6:09pm
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Quote:
Originally Posted by benem View Post
http://www.youtube.com/watch?v=P7DygPsJ_sA

Just be careful during your flight.....look out.....


Go to 3:30 and enjoy......
Was the pilot playing his iPhone while chatting over the radio or something??

Sure ATC stuffed up too, but you could see that coming ages away!
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  #57456  
Old Mar 7, 2010 6:06pm
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Quote:
Originally Posted by g_j_hook@yah View Post
hi guys, has anyone had any problems with using mt4 indis on mt5?? half of mine dont seem to be recognized!!?? does anyone have the spaced lines indi workin ?? my templates wont cross over either!!?? is this normal??

cheers

jon
Mt4 used to allow indicators to do things that Expert Advisors are designed for. They've tightened it all up now. There will be quite a few inds. and experts that will not work in MT5.
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  #57457  
Old Mar 7, 2010 6:09pm
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Quote:
Originally Posted by benem View Post
http://www.youtube.com/watch?v=P7DygPsJ_sA

Just be careful during your flight.....look out.....


Go to 3:30 and enjoy......
Was the pilot playing his iPhone while chatting over the radio or something??

Sure ATC stuffed up too, but you could see that coming ages away!
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  #57542  
Old Mar 8, 2010 6:57am
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Quote:
Originally Posted by bapxyz View Post
I need a little help on this one. I usually can figure out what the clue was that could have told me why a setup failed. (The way I learn best)
But the daily PB failure mentioned in jarroo's post #57526 has got me baffled. Except for the fact I cant find any real strong resistance till about 1.0664 to use for confluence. And maybe that is the clue no confluence that I see except you can make a case for a RZone between 1.0467 and 1.0349.
Any thoughts?
Hi Bap.

Try changing to a line chart momentarily and then draw a line from the last peak.

...That's something I'm always aware off myself, anyway.

Besides that though, not every trade is going to work out no matter how good the signal is. That's why we don't risk 100% on every great signal eh?
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  #57542  
Old Mar 8, 2010 6:57am
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Quote:
Originally Posted by bapxyz View Post
I need a little help on this one. I usually can figure out what the clue was that could have told me why a setup failed. (The way I learn best)
But the daily PB failure mentioned in jarroo's post #57526 has got me baffled. Except for the fact I cant find any real strong resistance till about 1.0664 to use for confluence. And maybe that is the clue no confluence that I see except you can make a case for a RZone between 1.0467 and 1.0349.
Any thoughts?
Hi Bap.

Try changing to a line chart momentarily and then draw a line from the last peak.

...That's something I'm always aware off myself, anyway.

Besides that though, not every trade is going to work out no matter how good the signal is. That's why we don't risk 100% on every great signal eh?
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  #57595  
Old Mar 8, 2010 7:16pm
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Agree, IGMarkets is crap. Has it's uses, but for the most part crap. They think they're pretty good though. Just ask them.

Quote:
Originally Posted by joelcf View Post
I also dont want her to have to deal with international wire transfers, offshore tax treaties (assuming she is profitable!) and the like, so that rules out pretty much all the big US and UK brokers.
I tried to go local when I first started currencies, but in the end the Aussie deals were all crap compared to the bigger retail brokers.

(By the way, ask EasyForex how good they are. They'll tell you how awesome they are themselves too.)

International account isn't such a big deal.
...So you have to fill out an extra tax form. So what? lol

And transferring money. ....She has to become profitable first anyway. If she's just starting she can send an opening balance by c/c or paypal etc if she wants. Otherwise with a Wire transfer she has to wait a few days to trade. No big deal with the one time wait either. (IBFX has it's new global debit card now too, which might be good for payouts)

With the way the Aussie is going, I've got a lot of my money in Oanda atm where I can shift the balance between AUD to USD on a whim. So there goes that argument too.

She's demoing first anyway. Isn't she?
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  #57595  
Old Mar 8, 2010 7:16pm
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Agree, IGMarkets is crap. Has it's uses, but for the most part crap. They think they're pretty good though. Just ask them.

Quote:
Originally Posted by joelcf View Post
I also dont want her to have to deal with international wire transfers, offshore tax treaties (assuming she is profitable!) and the like, so that rules out pretty much all the big US and UK brokers.
I tried to go local when I first started currencies, but in the end the Aussie deals were all crap compared to the bigger retail brokers.

(By the way, ask EasyForex how good they are. They'll tell you how awesome they are themselves too.)

International account isn't such a big deal.
...So you have to fill out an extra tax form. So what? lol

And transferring money. ....She has to become profitable first anyway. If she's just starting she can send an opening balance by c/c or paypal etc if she wants. Otherwise with a Wire transfer she has to wait a few days to trade. No big deal with the one time wait either. (IBFX has it's new global debit card now too, which might be good for payouts)

With the way the Aussie is going, I've got a lot of my money in Oanda atm where I can shift the balance between AUD to USD on a whim. So there goes that argument too.

She's demoing first anyway. Isn't she?
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