This is my biggest quarrel with them just after the spread thing. I'm located in Germany and they don't seem to have anything decent to offer for transferring money outside of the USA besides international wires. Their MINIMUM fee is 40 Euros for ...

did oanda just drop its spread for eurusd to 1 pip?

Simple, pretend the money is still inside the broker and calculate your risk accordingly, i.e. use 2% of the "total" even if 80% is "outside" of the broker. Be aware however that this means the money really has to remain untouched and not used for ...

How the retail Forex works. Dealers vs. Clients

I'm still highly distrustful of OANDA after it turned out their 200 pip spread spike on NFP was - and this is the scary part - a mistake entering A MANUALLY MANIPULATED SPREAD. It would appear the guy entered 200 instead of 20 - which in turn just ...

did oanda just drop its spread for eurusd to 1 pip?

I draw my charts on Metatrader 4 demos(I drew that chart myself from scratch), by now basically all from the Interbank FX demo which runs on GMT time. The blue bar is actually a channel which you can set to "background" and therefore do that ...

The Basics of Elliott Wave Theory

Hi again Itme As you know, I rather prefer a KISS approach, in EW, too. Here's a very, very simplified wave count for EURUSD on a long term timeframe. According to this we could retest / challenge 1.36 soon. I really really think it's best to ...

The Basics of Elliott Wave Theory

Hiya Jacko Depends on where you start from and at what time, no? I was long and am still holding a long EURUSD today, but still there are times when going long will just have you get headaches for weeks on end. December 2006 / January 2007 was ...

Is The Trend Really Your Friend?

So is my make-you-broke-r good if they only use 3 out of 8 dirty tricks? Very interesting read Igrok, thanks

How the retail Forex works. Dealers vs. Clients

SeekingLight, Seek, either is fine by me Just checked, turns out that thread is in the private forum(James16). Thought it was somewhere on the public side. Sorry. But StevieT's new method is pretty cool for exits, too. Check out the journal, it's ...

james16 Chart Thread

Also if you look to the left, there are 2 bars that together would form a PB like formation. This retrace could be akin to a PB retrace at .618/.786 An entry at I4B break woulda been a nice attempt with a small stop. How is this bad? I'd say the ...

james16 Chart Thread

Hey Stevie, just popped in to say hello. I see you went along with me on the GJ ride Bit shocked you changed your pairs, will have to go back and read over the reasoning closely! Altho at least now you're mixing it up a bit instead of 5x USD ...

Steviet's Live Trades!

Hi Steve(?). This is one of the most discussed topics, obviously. Mike has a good thread on this I believe. StevieT also has a nice way of going about it(he trails daily bars by 10 pips afaik. check his journal). In essence - -you should use the ...

james16 Chart Thread

All true and well. Also how I used to view this, when I realized the magic of pins at first. But keep in mind - just looking at the charts, the size of the pins and the way traveled afterwards is roughly 1:3-5. I mean by this that price moved about ...

james16 Chart Thread

We got another clue as that highlighted blue area held and we got another PB. Broke out for around 60-80+ pips depending on your entry, also broke a daily IB with the move. Now going to be tested for real strength and valor at 118.50.

james16 Chart Thread

Update on that setup - ended up going 120+ pips already. Got in at / near range breakout myself.

james16 Chart Thread

USDJPY - Matrix reloaded We're STILL waiting for some sort of decision - above 118.30? Below 116.50? What's up / or down, USDJPY?

james16 Chart Thread

Hey Ken Considering EURGBP, you picked the wrong pair to watch USDJPY or GBPJPY woulda made a lot more grateful candidates... But here's a possible EJ mini-setup at the low of the current mini-range we're thrashing around in

james16 Chart Thread

Heya Wizard. The circle may be obscuring the wick, but it doesn't look like the "pin" closed within the prior bar's range. If it did, okay. But still, the proportions are totally off and it looks more like a gamble to me than a proper PB setup. No ...

james16 Chart Thread

Hi Itme, just a quick question - given this current surge, possibly due to news, but imho due to mostly a corrective pattern ending in GBPUSD. I had a FE 100 possible ABC=Wave 4(or either corrective Wave) end at the 1.9560 area - is Wave 4 over now? ...

Low Risk, High Reward Trading Experiment

Hi Jacko You're starting to become a small celeb The link isn't working, but I believe I've already read about the "re-enter after price has moved 50 pips past and returns" if that's what it is I'm curious, since that way of trading is how ...

Simplify your system

Heya Bill. Since PA is discretionary and needs YOU to trade it, all you need is MT4 and your charts to go over the historic chart data and look over the charts for setups and how they went. You could start by looking for good Pin Bars at swing ends ...

james16 Chart Thread