spread was fluctuating between 5 and 7! pips early at around 6 pm est on USD/JPY. What a shame because i really liked Oanda's interface.

OANDA Discussion

Another +5 on USD/JPY ... even with bad spread for scalping. Not a good trade IMO -- way too aggressive on longer term chart... Must overcome my IMPATIENCE...biggest weakness as a trader. But thanks Favorite

Daytrading/scalping with high leverage - my proven strategy

yup. Even *I* know that. lol... It's hard enough to make profits scalping with the 1.2 pip spread... 1.6 or 2 is just asking to fail IMO... Am I wrong?

OANDA Discussion

Thanks CVDS and Pablo! Totally agree!

OANDA Discussion

Nice thread. Thanks you guys for getting me inspired and back into trading after a hiatus... First trade, grabbed 6 pips on the USD/JPY... image I'm REALLY bummed that spreads have widened on Oanda -- used to be 1.2 EUR/USD and .9 on USD/JPY, now ...

Daytrading/scalping with high leverage - my proven strategy

they wont let me, i'm resident of USA....

OANDA Discussion

What the heck? Getting back into trading after a hiatus... Oanda used to be like 1.2 on EUR/USD and 0.9 on USD/JPY... now its fluctuating , averaging about 1.6... this blows!

OANDA Discussion

Undercapitalization and lack of funds are a non-issue IMO. Just keep your risk per trade small (1 to 2%). that's it. BOOM!

Where is the EDGE in trading? The most important thing in trading!

scalping — If you like price action scalping, try putting a 100 period Kalman on the 1M. It serves as a nice filter - no pun intended. Look for longs when price is above the line AND line is sloping up. Look for shorts when price is below the ...

Kalman filter

edges — I can think of at least 8 edges (trend is only one of them) that you can find everyday in TA/PA. I took 18 scalps today and ended up 20 pips positive. Don't let anyone tell you that you can't find an edge in forex. There's many ways to ...

Where is the EDGE in trading? The most important thing in trading!

5 second rainbow still a good tool? — Not sure. But this Asian session price action seems problematic to trade. Maybe this is exception not the rule, but what would you do here?

Chronicles of the Price Action Scalpers

Cycle Trading — Hello John and all. I recently stumbled into this thread, cycles, and Ehlers... I initially started trading years ago, stopped, and just started again in the last several months. My recent results, although overall profitable, ...

Optimized Trend Trading

yeah !!!

Quick Cash System

yeah BB are one of my favorite indicators... I can try finding the time do some more postings...

Bollinger Band Price Action Analysis

Why are you promoting your own product and pretending its not yours?

A Scalping Money Management System

Common man, if you're gonna promote your own e-book, at least be upfront that this is your own product.

Money management question

You can on your discretion...You will get more trades this way. However if you wait for a proper signal, it stands to reason that this is a higher probability trade because the short term price action was out of synch with the other EMAs and should ...

Pips Du Jour

dont trade during the news! In general , if you see lots of spiky , choppy action, its a perfect time to do some range-bound trading on the Bands.... Buy at the bottom sell at the top... Enter on a touch of the band only in direction of trend.

Chester B's Bollinger Band System II

i think i passed up the first signal (or i may not have seen it) because i needed to see price confirm the signal which it didnt, given the previous small upmove... and the spike

ChesterB's Trading Log

took a dujour trade for aussie, got in 3 min late or so, executed very well, SL set to BE at 15 pips in, then 20 pips , took 75% off the table, SL to +1 pip, stopped out... so +15.25

ChesterB's Trading Log