Hi Dan, I think there are a lot of guys who just download everything they can get and never visit this thread again. Anyway, thanks for that great approach again! Regards - Xaron

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

Welcome! url Regards - Xaron

Mouteki Trading System

Wow. I see myself in you (don't know if this sounds strange for a native speaker ). Good luck to you, I think your market maker must be Oanda? Regards - Xaron

The One Euro Man

I make 1-5% per month, but only with a small account (~$10,000) risking 2% per trade. I think that's a likely ammount, don't know what others make. Regards - Xaron

20% per month. Is this possible?

I think one of the less important things is the entry. The exit decides if a trade will be a winner or a loser. Almost every system or strategy tries to optimize the entry... Ok, a good entry allows tight stops but even a random entry should work ...

Forex can be easy!!!

You are right. And yes, this can be done manually. I did this at Oanda. It needs heavy screen time especially in the beginning of a trade sequence. Regards - Xaron

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

Hi, here are the results again. We had some nice trades, 2 trades are still open. Results in Pips since 01-Sep-07 AUD/JPY: +0 AUD/USD: +99 EUR/USD: +74 GBP/JPY: +70 NZD/USD: +246 Regards - Xaron

Weekly Pivot System

Hi Jim, there is no need to increase the lot size in the 2nd progression because of the TP40 and SL10. If you increase the lot size in the 2nd progression you have to increase the following position sizes, too. That way you would end up with a ...

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

Yep I agree. Alpari is good. Regards - Xaron

Which broker in UK

Alpari is great so far. They don't have the issue anymore to close and reopen positions over night and you can have an account in USD, EUR, GBP and CHF. The minimum deposit is $200, the standard leverage 1:100, which can be boosted to 1:400. They ...

Alpari

Well, it might help if you post a link to this system or describe it here. Regards - Xaron

20-50 System?

Hmm... have you changed the magic number value? Have you removed and reattached the EA to the chart? The chart where the EA runs on must be open all the time... Regards - Xaron

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

Yes, that's me on the Oanda forum as well. Alpari has very reliable servers and is one of the best MT4 brokers in my opinion with tight spreads. The only drawback (not for me): They don't accept US citizens yet. They offer accounts in EUR (I use ...

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

Hibernation is set to true, so the EA will stop after reaching the tp. Regards - Xaron

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

Hi Tom, I can recommend Alpari as MT4 broker. They have a never expiring demo account (you have to log in at least once in 90 days) and a very good data feed and reliable servers. Regards - Xaron

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

Thanks jones, great explanation. Yes, this is a risky method, but the whole life is a risk and the forex market even riskier. This strategy isn't usable for everyone, that's for sure. Noone can predict the future or in which direction the ...

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

Even with a one pip spread you will get stopped out very, very often (Take a look at a tick chart and you see it). Even using a 10 pips spread is sometimes dangerous. A lesser spread doesn't mean a lesser drawdown! Others here made the math and came ...

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

I use EUR/JPY only at the moment. The spread for GBP/JPY is too big for me using the standard settings of 10/40. BTW: GBP/USD works great, too. It depends on the entry. Don't ever use a random one! Regards - Xaron

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

I don't use any special money management techniques but only the simple risk management to not risk more than 2% of my capital per trade. Demo trading is a good thing, too, but don't overrate it. Even if you are very profitable in demo, trading with ...

Good Money Management techniques revealed.

And here come the single curves for the pairs (green=value of the pair, red=pips made) As you can see it might be important to use such a "pair-mix": AUD/JPY image Click here for a larger image! AUD/USD image Click here for a larger image! ...

Weekly Pivot System