That's strange, most FX brokers end with NY but their dates are correct. I've also found SB broker ETX Capital ends with NY and their dates are correct too. They have decent spreads and MT4.

Spreadbetting broker with end of day GMT+2

Trying a demo MT4 right now. The first issue I find is the small 2 hour long "daily" candle that occurs following Friday due to the 22.00 GMT end to the day which means piecing things together. Then the skewed daily and H4 candle sizes due to daily ...

MT4 for Spread betting vs Forex

Surely though, if your SB was earning a significant amount and considerably more than the part time job would then they would want to tax you anyway?

MT4 for Spread betting vs Forex

Thanks for that info. I was really referring to MT4 issues with spread betting however I picked up a couple of other relevant points too. I think it best to run a demo account for a while but I am realising it probably won't run as smooth as my ...

MT4 for Spread betting vs Forex

Because I like to enter off H4 criteria. It is more reliable and stops are more substantial. However, I will still look for signals on the M15 chart (within a H4 or daily trend) but I judge these on their own merit.

Buying/selling the dips - setup

The 20sma (which is also the middle bollinger band) is adhered to by many traders and which does produce the self fulfilling prophecy many talk about. Regarding your last comment on zoomed in charts, assume the 2 chart shots above are part of a ...

Buying/selling the dips - setup

At the 20sma or a bounce of the 20sma for confirmation!

Buying/selling the dips - setup

That is a wide stop! I imagine your win rate goes up at the expense of your risk/reward

Buying/selling the dips - setup

If you are watching the H4 charts, for example, and waiting for pullback before entering a trade, then you have to use H4 criteria such as aiming for overbought/sold stochastics on H4 or for price to hit the H4 20sma. You can't drill down into the ...

Buying/selling the dips - setup

Obviously my above comment was of course form the original question.

Question for those who trade englufing bars

The engulfing bars are after the retrace. They show the point that selling has finished. Without them you would be guessing where to buy back in and you may have to place your stop many pips away eg. the last swing. If you can still get a decent RR ...

Question for those who trade englufing bars

We do have a SL but we are talking about moving it to break even when price moves a certain amount eg. 1:1. and then letting the trade run.

Moving stop to break even or not