If your issue was like mine, you could have had a 5 pip stop and it wouldn't have made a difference. Luckily prices only opened 40 pips above my TP or I could have lost more. If prices had of gapped 100 pips above my TP, I would have lost 100 pips. ...

Broker With Guaranteed order execution?

I had the same issue happen to me this morning in the GBP/USD. I should have made good money, but instead, Xpresstrade opened my oder 50 pips above my entry price, and it was also above my TP level, so immediately upon opening my order, it was ...

Broker With Guaranteed order execution?

Limit orders below the market are filled instantly. Because I was opened so far above the market, my limit order was immediately activated. My trade opened and immediately was closed. Even if I had entered a regular buy order, I still would have had ...

SRDC Episode I

Rick, Xpresstrade does not have any way to specify a minimum slippage. I went back and reviewed my trade, and with their system, there was absolutely no way to avoid a loss here. Basically what happened was this: they opened my trade 50 points above ...

SRDC Episode I

In looking closer at this, there doesn't appear to have been any gap in prices. My 50 point gap open was simply slippage. I understand that there was some big news, but I feel like I got robbed today. Xpresstrade didn't even attempt to work with me ...

SRDC Episode I

Help! — I need some advice here. I had my first losing trade today with SRDC I, and it really shouldn't have been. I had my order entry just above yesterday's resistance at 1.9426, with my profit target at 1.9436 for my usual 10 pips. Upon ...

SRDC Episode I

[QUOTE=Tragapips] If you look at the chart, there were three trend lines. 50 pips off each of those 3 trend lines = 150 pips. Sorry if the original post was confusing. When posting it, I wasn't really thinking so much about the # of pips, it was ...

SRDC Episode II

This is exactly what I was thinking. I've already had a great two weeks trading SRDC I and scalping 10 pips per trade. However, I could have gotten many more pips on just about every trade with an EA like this. This is my dream EA.

Discussion on EA pertaining to SRDC methods

mccullek here. I love the SRDC I method and I am currently studying the SRDC II method. I like to set my trades and walk away though, so I will probably use SRDC I for a long while. While I am fairly new to SRDC, I am a believer. Below is a link to ...

TS Registration only

Just to clarify, I was using SRDC I to scalp the points.

SRDC Episode II

Trend Lines — After reading OR's post's on the trend lines, I decided to just watch the price action using the trend lines and demo trade it. I was watching the 5 min chart, and while I would never trade that level just yet with real money, I ...

SRDC Episode II

Hourly Chart — Here's my hourly chart. It mirrors that of the others posted, so I think I have this one down.

SRDC II Channel of the day

Daily Chart w/Questions — OK, here's my daily chart. I also still have the previous uptrend drawn on here to as well, but I'm mostly curious as to whether or not my current monthly channel is correct on my daily chart? Can someone please ...

SRDC II Channel of the day

3 for 3 — OK, I had another winner this morning and I am now 3 for 3 using SRDC. Again, I set my automatic trade using 3 100K lots, but I set a TP of 15 pips today, hoping to gain a little more out of the downtrend. I got up this morning and ...

SRDC Episode II

My first two SRDC Trades — I continue to read and study the SRDC method. At first glance, it seems far too simplistic to be successful, but I have used it the last two days and I am currently 2 for 2! While I have spent hours and hours ...

SRDC Episode II

Newbie — I'm a newbie to forex and this site, but I am a long time student of Andrews and Babson's trading techniqes, more precisely, Andrews. I have been using these techniqes to successfully trade futures for more than a year now, but I now ...

SRDC Episode II

Intersting thread Hilmby! What is really interesting to me is the fact that you have made money with 60% losing trades and only 40% winning trades. That confirms one of the major rules in trading. You don't have to win more than you lose, simply cut ...

100 Trades Analysis

I still say that just because it is not illegal, that doesn't mean it's OK to do it. You can wrong people in a hundred ways and it may not be illegal, but does that make it right? I'm not judging anyone, but I find it hard to belive that there are ...

Your Ethics

That's one of the biggest rubs in regards to government "assistance". Why should someone that works and earns an income have to give any of it up to assist someone that chooses not to work? Whoever thought it was a good idea to take money from those ...

Is it true that FOREX profits are not taxable until withdrawn from your account?