D'you use JForex or MT4 ? With the greatest respect, if you use MT4 you should change as soon as you can. Use it for analysis by all means but never for trading. Its such a bent platform....

vsa with Malcolm

I've been a fan of the theory behind VSA since I met Tom Williams and read his book way back in the early 90s. I even still look at it ocassionally in NinjaTrader (which has a great free VSA system available on their forum) but the big problem for ...

vsa with Malcolm

Well LMAX does have the potential to change the game for retail traders. I was a Beta tester from day one and a coder and I are currently building a trade placement interface that will capitalise on their strengths. Once they finally add CFDs (which ...

The net is tightening on brokers - at long last

Surely due to the downgrading by S&P of Japan's credit rating from AA to AA- exactly at the time of the move

Order Flow - Achieving the mindset

I think no single news event can be separated from the zeitgeist prevailing at the time of the release. Sometimes they are factored in, sometimes not and sometimes other things are happening concurrently which make the market appear to be saying ...

trying to understand news in respect to trading

Only because I've traded news very successfully for about 3 years and therefore when someone comes along to make such a sweeping statement, I jump in........possibly defensively...... Out of every technique I've looked at in trading fx, news is the ...

trying to understand news in respect to trading

Obviously neither you or scotty have traded news that much. It also depends what time perspective you're talking about here. But to say that today's news was factored into the price long ago per se is simply erroneous.

trying to understand news in respect to trading

LOL. Don't lump science like astrophysics in with the mumbo jumbo of astrology. Also, as an aside, god, any god, is a figment of the imagination.....

weather affects market volatility

Couldn't agree less. The market IS the collective mood of traders. What has a greater effect however in terms of weather is space weather. The sun's activity has a measurable and predictable effect on all our behaviour.

weather affects market volatility

The secret of my success has been rumbled at last

Order Flow - Finding cluster of stops on chart

LOL Have a sit down Steve and light up a spliff.......

Beastie: a Nanningbob trend and counter-trend auto-trader by Steve Hopwood

There was no problem with their live platform but they do seem to be messing around with their demo a lot these days.

MB Trading Futures - Introduction

Because your trades dont get passed on to the interbank market with MT4 you are by definition trading against your broker. Bucket shops dont give away software like MT4 which they have to pay for or give away bonuses for no good reason. Just think ...

Broker Arbitrage

Sure you'll be able to do this using demo accounts but when doing it live one or more of the brokers will detect what you're doing and start manipulating the prices, giving you re-quotes etc Dont forget with the bucket shops using MT4 you're trading ...

Broker Arbitrage

Don't forget however, that you'll be trading against that broker and not the market, unless they are an ECN. Also, with 200-1 leverage you'll be leveraging your losses as well as your profits and unless you trade very small indeed you're likely to ...

Beastie: a Nanningbob trend and counter-trend auto-trader by Steve Hopwood

I've been with MB for three years or so and I'm very pleased with their service. Their basic interface is pretty rubbish and in fact I'm currently working with a coder to create a 3rd party trade placement application which will allow traders to ...

MB Trading Futures - Introduction

I suspect your volatility will be greater and as another poster has already said, in order for you to make 300% return you'll have taken on a great deal of risk. When it comes off, its great but when it doesn't you'll lose big too. Best of luck for ...

Why do hedge funds have such poor returns compared to successful retail traders?

That's a good move Steve as I'm sure Im not the only one who is happy to use the analysis functionality of MT4 but is loathe to give the criminals any money

Beastie: a Nanningbob trend and counter-trend auto-trader by Steve Hopwood

Thanks for the thought Steve. I'm also testing Beastie on another demo account but I'm using TB on my live account. Working well so far, though I'm manually adjusting things and taking a view with regard to recent past and future news events.

Sixths trading - an EA by macman, Bob and Steve mk 2