I'm not sure of the difference in spreads. I believe both FXCM and Oanda use variable spreads, but I haven't had time to do a side by side comparison. I'm sure there must be something on Google about it. Perhaps someone else has found something? -G ...

Multi-Lot Multi-Timeframe Position trading

Hi Mattrix, I hope you got some of that volatility. In these fast markets it's important to get out fast if you are on the wrong side, and ride the trade to riches if you are on the right side. I'm using Oanda. I actually have an FXCM account too, ...

Multi-Lot Multi-Timeframe Position trading

Dramatic day. Had to pull out my almost forgotten scalping skills due to fast markets. Great fun. +1700 pips on multi-timeframe multi-lot trades taken Friday and Sun night. Every trade was trending the same direction in every timeframe from weekly ...

Multi-Lot Multi-Timeframe Position trading

Running mostly long GBP and USD and short CAD at the moment. CHF seems a bit unstable to me at this time. Just my opinion, I could be wrong. Cheers. -G

Multi-Lot Multi-Timeframe Position trading

Sorry to be so slow to answer, but I've been dealing with some personal issues here. I haven't traded the AU for a while since the trends were mixed. I would trade such a pair carefully, exiting quickly if it doesn't move in my direction soon after ...

Multi-Lot Multi-Timeframe Position trading

Hi Wotdafx. Even though I enter with a wide stop, I'll usually exit early if a trade doesn't go in my direction fairly quickly. I can always enter again later if things start to look better. My goal is to not get stopped out from minor market ...

Multi-Lot Multi-Timeframe Position trading

Hi Freundr. Since I trade in and out of currencies, I consider the swap cost as just a cost of doing business, like spread cost. My goal is to make more on the trade than the total costs of the trade. But of course, the swap costs must be considered ...

Multi-Lot Multi-Timeframe Position trading

Hi Wotdafx. I have a some issues I'm dealing with right now. I hope to get back to answer your questions soon. Best success. -G

Multi-Lot Multi-Timeframe Position trading

Hi IBO. I had the same three trades running. I agree with your analysis of the GChf and the GCad, but I closed the GA long when I awoke yesterday to find the RBA reversed it's official position and Stevens announced that the Aussie had fallen ...

Multi-Lot Multi-Timeframe Position trading

It's a good question. Most of the things I read about trading just wouldn't work for me, and at least half are just flat out wrong. I suppose you could ask why any good trader would spend time writing a book when he could be trading for profit. ...

Multi-Lot Multi-Timeframe Position trading

Hi IBO. Yes, that's a sticky wicket. It depends on a lot of factors, like the volatility of the overall market. If the whole market is dead, I might have to wait much longer to make a call. If I need the capital for a better trade I'm more likely to ...

Multi-Lot Multi-Timeframe Position trading

Welcome back Lemming. You said your good trades were just a matter of luck, but Lucius Annaeus Seneca said, "Luck is a matter of preparation meeting opportunity." It's obvious you have done much to prepare yourself to take advantage of the ...

Multi-Lot Multi-Timeframe Position trading

Thanks for the feedback IBO. Yes, it seems it is always feast or famine. If there are no good trades, we just can't take any. We can't force trades. We have to just be patient knowing that good trades will come our way if we are willing to wait on ...

Multi-Lot Multi-Timeframe Position trading

That's an excellent question Terminator. I haven't found any analysis that shows which is better, a stop or a limit order. It's a bit like asking which is better, a screwdriver or a pair of pliers. They are both mechanical tools good for a purpose, ...

Multi-Lot Multi-Timeframe Position trading

Hi Terminator, yes, I have used the 100 and 200 ema and sma. I haven't been able to make a profit with them, but that doesn't mean someone else can't. -G

Multi-Lot Multi-Timeframe Position trading

Thanks for the contribution!

Multi-Lot Multi-Timeframe Position trading

NU correction to top of daily down channel complete. UCad correction to bottom of daily up channel complete. I shouldn't be calling tops and bottoms here, but that's just the way it looks to me. Any questions, comments, complaints? This is a ...

Multi-Lot Multi-Timeframe Position trading

Yes, as you said, I have the 5ema X 10sma, RSI, MACD and CCI currently on some of my charts. Not everything is on every chart. Some are just bare price. But as I noted earlier, I don't directly trade on those indicators. I'm generally entering a ...

Multi-Lot Multi-Timeframe Position trading