- Search Metals Mine
- PurplePatch replied Jun 22, 2010
Absolutely, the market will continue to do what the market is doing until it does something different, starting off with this assumption is a good place to start on your trading strategy.
Trading 'The Turn'
- PurplePatch replied Jun 22, 2010
I used to be on the floor on bended needs in a praying position, banging the floor thinking "F$%£E£$$£ DFF£$ SDFF *****" AAAAAAAAAAAARRRRRGGGGGGHHHHHH, then I felt even worse ! It's been a long while since then, but I still remember it very clearly.
Forex Frustration Venting
- PurplePatch replied Jun 22, 2010
I think it's easy to over-analyse and think about all the why's and wherefores, and trying to read and understand what's going on in depth is mostly a waste of time, and while you do this the market can change on a whim, the psychology and herd ...
(binned per thread starter's request) Behind Price-Orderflow
- PurplePatch replied Jun 21, 2010
Price - The most common and most important indicator of all.
What are the Most Common indicators at Forex
- PurplePatch replied Jun 21, 2010
I've got 152 IQ, and have asparagus too, I like it with salt and pepper.
(binned per thread starter's request) Behind Price-Orderflow
- PurplePatch replied Jun 21, 2010
I recommend having another complimentary income stream, anything that lets you trade your strategy as you want to, it takes so much pressure off your trading and also lets you improve your compounding by having as little as possible withdrawals.
Withdrawing Cash Flow from Forex
- PurplePatch replied Jun 21, 2010
The problem I find with writing to csv/text files is that when they get bigger the program won't write to the file quickly enough, much better to use a database, you could use the 'libmysql.dll'
How to get the data of an indicator?
- PurplePatch replied Jun 21, 2010
Copy the termnal.exe file to terminal1.exe, then I'm pretty sure you can execute both of them on the same account.
Can I run multiple instances of the same MT4 platform?
- PurplePatch replied Jun 21, 2010
Here, here, yes it is as simple as that - it's obvious is it not? The other problem you need to look out for is slippage of more than 5 pips and a delay of more than 5 seconds, to me that is obviously a poor broker, but normally you should nearly ...
Trading Differently
- PurplePatch replied Jun 21, 2010
Sometimes start of trends are more obvious than others, it's more of a case if in doubt stay out rather than always trying to identify that change, always the rule - wait for a clear signal.
Trading 'The Turn'
- PurplePatch replied Jun 21, 2010
The M, may well stand for Murray Math, and the R for resistance and S for support as you say.
What does M1, M2 etc stand for in Pivot lines?
- PurplePatch replied Jun 21, 2010
Most of the time it's when you just see it finishing.
Trading 'The Turn'
- PurplePatch replied Jun 21, 2010
Isn't it all simple percentages? scalping 10 PIPS with a 1 PIP spread is much the same as scalping 20 with 2 PIPS, you would also risk half as much per pip.
Is Trading high spread pairs worthwhile for short term trading?
- PurplePatch replied Jun 16, 2010
Not 40%, nearly halfish, depends on the market, depends on the weather a lot at the moment, in the Uk you gotta take it when you can, as we move more into summer I expect more rain, more trading, and more profits

forexsb system
- PurplePatch replied Jun 16, 2010
I remember getting very excited a couple of years ago when I made 40% in a day, I thought I'd cracked it, boy did I come down to earth quick.
forexsb system
- PurplePatch replied Jun 16, 2010
I think I know a song about that! I'm sure it was called kerr-ching by Shania twain! A little off the point but anecdotallyish for want of a word, I have a little technique that I use with my strategy which is a sort of counting, but it could be ...
The Music of Forex
- PurplePatch replied Jun 16, 2010
Thing is, it's not really going to mean anything of value after you have worked it out is it?
Problem calculating cost or average
- PurplePatch replied Jun 15, 2010
I'd say this might be one scenario maybe, next months forecast might be 3.2%, but say in two weeks time, something happens and petrol goes up 10% and you notice that your shopping is another £15 or something, it would be a fair bet that it would be ...
How financial analysts can predict a forecast for macro indicators like CPI, GDP?
- PurplePatch replied Jun 14, 2010
One time I wrote a very profitable EA, backtested nice consistent profits for nearly 10 years, then started loosing money hand over fist!
Profitable EA, Fact or Fiction?