Hi fti, Just want to thank you again and let you know that your teaching has made a dramatic change on how I deal with the market, if I still have not danced well with it. Now I am getting better to see what's going on without any indicators, and ...

Technical Analysis Fallacy

Welcome back fti. Happy and prosperous new year to all.

Technical Analysis Fallacy

Include the London open or not? — I just read through the whole thread. It's very simple but effective. Many thanks to eagle, WHTenn and all for your contribution in this system. Still one simple question before I have a test. Does ...

Breakout + Spread!! Sure!!!

Hi pujolshomerun, Sorry for your situations. There is nothing too late in a family. As a father, I would say family member especially sons and daugthers are just invaluable, and that can't be compared to money terms. Just think about it. Do your ...

My life is spoiled

Hi Trader_V, Thank you for your detailed explanation and examples of trading with chart formations and S/R levels. I tended to use it from time to time but now I try to focus on them without using indicators. It may take some time for me to train ...

The System (Irony included)

Great stuff. — Hi Trader_V Thanks very much for your X'mas gift that helps me a lot in looking at the trends in multitime frames. One question, say it's trending up in daily or weekly and there's a retracement without breaking the trend, do ...

The System (Irony included)

deeply sorry — Leighsww, I am deeply sorry to hear the news. My sincere condolences to you and your family. best regards pipal

Technical Analysis Fallacy

Hi FTi, I use MT Demo for chartings. Like Islander I highly recommend ODL Demo, not a flaw and abnormal quotes for a few months since I used it. I have tried a number of MT broker demos before, some of them disconnect from time to time, and some ...

Technical Analysis Fallacy

Best of our life — Hi FTi, Thank you very much for your teachings. I have read through this thread and have learnt so much I hadn't known and thought of for the past few years. The story is really touching and and a very good reminder to live ...

Technical Analysis Fallacy

I like it. Trading full-time is not an easy business. I am trying not to think about too much after trading, especially having a loss.

How many full time traders here and other questions?

Hi Bob, Your system looks good. How do you filter the crosses that may turnaround very soon after you enter? It may cross a lot in the ranging market. The Stoch Oscillator 0/100? Many thanks! Pipal

Please suggest a simple & effective Method/System of "Trading System" Forum to...

Anyone been banned from Oanda for Scalping and Making Money Consistently — I think it's better to ask the question like this "Anyone been banned from Oanda for Scalping and Making Money Consistently?" I don't think a MM or Oanda would care ...

Anyone been banned from Oanda for Scalping

Yes. I have read on FF and the rumor was that someone was warned by calling from Oanda one must hold positions for at least 5 mins, and then the account was closed by Oanda.... as far as I can recall.

OANDA Discussion

Now I usually trade on ECN and the spread for EURUSD is normally 1 pip for peak sessions, but can be 2-3 pips during quiet session, e.g. Asian and late NY sessions. Plus the commission, on average I need to pay 2-3 pips or even more for EURUSD. ...

OANDA Discussion

Thanks for your nice advice. It's time for me to sum up what I have done for the last two week. I've given up using the ADX as a filter. It gives out various indications in different conditions that I can't count on. For the last two weeks, I ...

5Min Intraday System

Hi turbokaos, thanks very much for your information. I have tried the Hotspotfxr (not fxi) before I use with CNX. I remember the spread is not that good, and I learned from others on the web that you can't set up stop or limit orders ...

Is Oanda good for 10-20 lots scalping?

EFX/MB Trading's commission rate is $50 per million. It already equals to 1.5pip for EUR/USD.

Is Oanda good for 10-20 lots scalping?

I have tried to learn and practise the Interactive Broker demo platform (named FX Trader) many and many times. But I finally conclude that I can't handle it. It's rather difficult to use. It takes quite a while and easy to make mistakes ...

Is Oanda good for 10-20 lots scalping?

0.5pip! Please kindly PM me which ECN you are talking about. I am very interested. What about the commission rate? If the commission rate is about $50 per million, that would be 1.5pip for a round trip for EURUSD (1.46 x $50 x 2 = 1.46pip). So ...

Is Oanda good for 10-20 lots scalping?

Hi guys, thanks for your comments. I am just curious about the tight spread at Oanda and I had very bad experiences with other MMs before. I am now trading on ECN. The normal spread is 1pip sometime 2 or 3. Plus the commission you have to pay ...

Is Oanda good for 10-20 lots scalping?