By the way, you may want to negotiate commission with your broker. If your broker charges 1 pip spread and $50 commission (1 million, roundtrip), your broker makes $1650 when you make $1000.

As simple as possible: 00 level trading

The question is whether you can easily make 2% capital gain per day when your RR is 2:1 and win rate is 76%. To do this you need high leaverage.... You need to do some reality check here. Anyway, long term statistics will tell. People say to be a ...

As simple as possible: 00 level trading

Many people have made comment on RRR of this system. I also did some basic math based on somewhat hypothetical scenario. <Scenario> Your capital is USD 10000. You trade twice a day and make total 40 trades each month. In each trade, you open two ...

As simple as possible: 00 level trading

Thank you Udine and other contributors for sharing this system and tools. It sounds very much interesting!

As simple as possible: 00 level trading

I got an email from Pro Trader Network informing another free live session tomorrow 7 am CDT. In case you're interested in..... Probably I will be there.

Trading Made Simple

In case you don't know yet, old school guys and price action based traders may find values in Sive Morten's daily Gold analysis videos: url Or, subscribe "ForexPeaceArmy" in Youtube: video This videos come out after one or two hours after London ...

Only Gold!

Oh, boy... Even a small boy can take my SL whenever he likes! No wonder I am getting 20 pips SL everyday..... I knew so-called 'biggest liquidity' of Forex market is bullshit.

Is anyone here an institutional trader?

Just curious. How much money will you need when you hunt clustered stops 20 pips away?

Is anyone here an institutional trader?

Hi, Ririz My broker is Pepperstone and its server time is GMT+0. I use this setup regardless of daylight savings. My understanding is your broker handles daylight savings offset and you don't need to change anything in your end. To make sure, check ...

Genesis - continuation

This is GMT+0 setting. Add 3 to each. image

Genesis - continuation

Isn't this the reason why ADX is used in this system? ADX helps avoid choppy market (not perfect though). The question is direction.

Nihilist Forex Indicators

Hi, You may want to check C:/Users/Your Account Name/AppData/Roaming/MetaQuotes/Terminal folder. (To see this folder, you first need to activate 'Show hidden folders and files' option in Explorer. If you see a folder named with numbers and alphabats ...

Indicators for the 'Trading Made Simple' system

Hi, dforant1 If you don't mind, could you please read a note from Lastingwell posted 32 hours ago and give us your feedback? url Thanks

Trading Made Simple

Fantastic thread. Especially I am wondering how Alien decided to use 7 period ADX, which is my favorite. By the way, default ADX indicator in MT4 is different from original Wilder's version. It's a modified one. MT5 provides both modified and ...

Alien's Extraterrestrial Visual Systems

Interesting thread. Subscribed it! Thanks.

Nihilist Forex Indicators

Thank you. Please share your any findings. I am very interested.... Also, refer to: url

Is anyone here an institutional trader?

Go to your MT4 folder. For example: Users > your Mac username > Library > Application Support > Wine > Bottles > your bottle name > drive_c > Program Files > MT4 (This may slightly different in your machine.) The others are just same as PC version. ...

Trading Made Simple

Have you ordered Forex Factory free T-shrit? It celebrates 10 year birthday and giving away free T-shirt. Look at the bottom link and grab one before it's sold out. You want to fight for free T-shirt....

Trading Made Simple