I second that advice.

Check out my account statement please.

Bemac (or anyone else), Would you be so kind as to reword your post above? I am having difficulty in understanding your example. Thank you, andersenws

To Trailing Stop or Not To Trailing Stop....

I would agree with you in most cases, but my broker, FXSol, has more favorable cost of carry rates for lower leverage. I have mine set at 50:1 to take advantage of this. andersenws

Leverage!!

I'm pretty sure it's "by the way" andersenws

really dumb question

I agree and do use patterns in my trading, but the whole notion of using supercomputers and deriving equations for price is ludicrous, and that is what I was referring to. andersenws

If we could represent forex in equations.

Even if you could, the past cannot be used to predict the future. andersenws

If we could represent forex in equations.

You can find the answer here andersenws

What is a MetaTrading?

Thumbs up, this one's bookmarked for me. andersenws

40 Bits Of Wisdom

Great post, I've been considering the same ideas over the past few weeks andersenws

Bytebodger's Pip-Burning Journal

He means slope of the MA. I've used slopes of other indicators before, to mediocre success. andersenws

The Concept of 3D Charting.

I think that's the best way, because it (somewhat) figures in the human component. Just don't cheat, you will only be hurting yourself. andersenws

Would someone please help me with writing a strategy?

How about this for the third dimension. Pull up a tick chart (say 50-tick chart) and use time as the third dimension. Then you have x(50-tick intervals), y(price change) and z(time elapsed). Just an idea, andersenws

The Concept of 3D Charting.

Here it is. You might want to post this stuff in the MetaTrader forum. andersenws

indicator with hma slope

It's the S1/R1 values for each day. This indicator will only show up on timeframes of 4h or less, obviously. You can google to find out the formula for r1s1 andersenws

Looking for someone who knows CIs

The comma is what most Americans would call "point" or period. In some countries the comma and period are switched around. So if I had Ten thousand dollars and 50 cents, it would be $10.000,50 The first number is the price, just without the period. ...

GBP/USD Cost Analysis

Well it is my understanding that resistance is a significant level above the price, and support is a significant level below the price. Are you sure you wrote down those figures right? Your Sup is higher than your Res, which doesn't really make ...

How significant are these support and resistances?

This is ultimately a personal decision, but at the stage I am in, preventing losses is the main priority. Once a trade is at 50 pips profit, I will move stop to BE or BE+1. Then it is a matter of personal preference on whether to trail or take ...

Stop Loss Management Question

Here you go. andersenws

Question.....MT4 'Multiple Timeframe Indicators'!

It's a Metatrader 4 template. andersenws

CryoxMMA

Great Article andersenws

Trading for a Living