I am doing stocks for several years, and am now also doing forex. Especially because it is very cheap, low spread and no commissions. I try to develop some systems, based on what I read and hear. Forums like this one and books are very helpful in my ...

Is the sky the limit or is it too good to be true?

One of their strong points is that you can trade a lot of stocks, both US, Europe and Asia (CFD's). Also you can trade things like gold, cotton, coffee, etc. And they have a lot of "strange" currencypairs. But mostly for longer term trades, not ...

What do you think about CMC markets?

That's not what I mean. When someone has a good system, on the long run it will be inevitably become known by other people. But if a system is wellknown, it will stop functioning. Just because other traders (especially the big institutions) will get ...

Is the sky the limit or is it too good to be true?

OK, but can you be sure that the same market conditions will come back again and again?

Is the sky the limit or is it too good to be true?

Maybe because of the holiday? The EURUSD was already very high, around 1.2970. If some people tried to break through 1.30, there weren't enough traders to "defend" the dollar. And when it went through 1.30, a huge amount of stoplosses moved it up ...

Why did the USD weaken so much over the holiday?

I am not an experienced trader, but the answers I have read and heard is that almost all good systems seem to deteriorate after a while. Systems are only "consistent" for some time. How long? I wish I knew.

Is the sky the limit or is it too good to be true?

Ofcourse I am looking. As a Dutchman I cheer for our favorite Hendrick. Hurray for Hendrick.

2006 Automated Trading Championship

Try to become a psychopath. One other methode is to concentrate on your tradesystem, not on the results. If you know that your system works, you don't mind loosing some trades. In fact every single trade is irrelevant, because a good system is ...

How to Become Emotionless

My advice is to look in www.mql4.com There are a lot of articles, examples and sources you could use as an example for your problem.

Help with my Expert Advisor EA

Not direct, I think. But you could write a function, checking the old orders and trades and set a new order according to the old ones.

Auto order execution for MT4?

The advice you hear often is: "cut your losses short and let your profits run".

Taking profits early, is this a sensible trading strategy?

We have PPI and CPI and other important reports this week. More inflation and weaker dollar will mean a higher gold-price. So if someone already knows the outcomes of PPI, CPI, etc, he can also more or less predict the direction of gold.

Gold Discussion

It bounced back 5 dollars. Maybe because of the movements of the dollar. According to S&P analysts, the long term outlook of gold is still positive (high demand and lower supply). And if the dollar will be weaker, gold will rise even more. I think ...

Reaction to the election.

IIRC, CurrencyTrader had an article showing that it was the opposite. During Democratic presidencies the dollar went much stronger than during Republican.

Reaction to the election.

No MT4 for OANDA, I'm afraid. I suggest you ask them if they have MT4. It would be very good, if they recieve a lot of e-mail's asking them for MT4. Who knows they will listen to that.

Does Metatrader work with Oanda

No, no, I don't mean that 650 is a resistancelevel. I only think that it can go up to around 650, but it could also be 640 or 660. In fact when I look at the graph, I see 2 resistances, around 640 and around 660. Look at the technical reports at ...

Gold Discussion

Ofcourse for 50% of the profit, I can do it for you.

EA One Order a day

I am sorry, but there is nothing like a maxorder. So a possibility is just to look through all your orders and check if there is one already on the same type, currency, same timeframe, magicnumber, etc. That's what the article describes.

EA One Order a day

Read this: http://articles.mql4.com/209

EA One Order a day

Not in my opinion. Inflation and a weaker dollar will bring it to 650, but we need some middle-east war to get it at 700.

Gold Discussion