This week sucked — This is the third time that price barely hit one order and reversed to hit the opposite and stop me out for +50 pip loss. Yesterday I tried to trade my way back to even and ended up compounding the loss. That's why I'm still ...

Flippin' Sweet Daily Hedges

Trades for Friday, 9/13/07 — Daily Open was 2.0196. The SellStop order was lowered to 2.0145 shortly after original order placement, just beyond significant support @ 2.0151. This point is also below 4HR channel support. I expect the channel ...

Flippin' Sweet Daily Hedges

Sample Strategy Added — A word document of a sample strategy and background info has been added to the first post. More studies to come next week.

Flippin' Sweet Daily Hedges

New Charts Added — Four new charts with explanations have been added to the first post in this thread. Any questions, request or suggestions for new price studies are welcome.

Flippin' Sweet Daily Hedges

OK. I've posted the Access Database I used to gather the data for the chart I posted in the first post.(GBP_USD_04_07) It too is nothing special. Simple parameter queries that do things like return all days when the price moves from open to a high ...

Flippin' Sweet Daily Hedges

The stats are nothing special, just average, high and low values mostly. I leave the more complex stuff to GoodThings. He has a thread where he analyzes probabilities for price retracement to various fib levels. I have little use for things like ...

Flippin' Sweet Daily Hedges

It appears they keep updating their proposals. Guess we'll just have to wait and see how it turns out.

Proposed NFA Capital Requirement

I couldn't find where your quote came from. Instead I found this quote from the link you provided: A current list of the firms which meet the definition of a Disciplined Firm is maintained on NFA's Web site at www.nfa.futures.org. For purposes of ...

Proposed NFA Capital Requirement

You had me woried for a second. Please don't lay down your arms just yet. Undercapitalization is just one warning sign of a broker that should be approached with caution. When a broker does something unethical the investor should report it to the ...

Proposed NFA Capital Requirement

I just realized this was a question for me. The Adjusted Net Capital requirements will be set to at least 2mil for FDMs who have violated the new requlations or employ persons from such firms. This way it will be more difficult for the sleez buckets ...

Proposed NFA Capital Requirement

Thank you for this thread — "Evil flourishes when good men do nothing" The NFA is obviously very concerned with the 'internal' actions of many FX broker firms: Notice I-07-32 August 28, 2007 Effective Date of Amendments to NFA Interpretive ...

Proposed NFA Capital Requirement

I can certainly relate to that. Concentrate on position trading systems. Test it then test it some more. Be prepared to use LARGE stops. Accept losses when they occur, don't second guess yourself. Allow the winners to run and run and run to make up ...

set & forget/low maintenance systems

I agree with Peter. Also, most traders will agree that fundemental analysis is best used to predict long term trends i.e. monthly, yearly. When I first tried using it, I always got into the market too early and was taken out by medium term swings ...

currancy strategist

OK That makes sense now. Good point! Systems perform differently from week to week, month to month and year to year as market conditions change. I've heard it said many times; the best systems react to price action rather than try to predict it. ...

Where to learn MT4

No way man! Stop now before you make too much untested money. How do you know if your system is comming or going?

Where to learn MT4

I only demo with IBFX, so my opinion of them should not carry much weight. I had two live accounts last year with other brokers...I blew them up, so now I'm here trying to salvage what I can. I'm reluctant to recomend any broker because YOU need to ...

Where to learn MT4

You can try the 'InterbankFX University'. It covers most everything up to and inculding simple EAs and indicators. More advanced stuff can be found here(FF MetaTrader forum) and MetaQuotes website.

Where to learn MT4

Looks interesting. I'll try it,Thanks. I see from your profile you are from Croatia. Have you met Janica Kostelic or her brother. Awsome skiers! Great people too, from what I've seen on TV.

Manual backtesting tips and advices

OOPS! I'm afraid I just opened a can of worms. This macro is just the begining of a string of macros that group, sort and perform calculations to obtain the desired statistical data. It's just another way to skin a cat. The advantage is that once ...

Statistical Probability Trading With Price Action