For example i buy eurusd at 1.3 put a sl 1.2 and tp at 1.4 then i put a pending sell stop order at 1.2 with sl at 1.3 and tp at 1.1 --- So far so good, no problem with present platform facility. But now I want to follow this order up with another ...

Managing several Pending orders in a row

You sure have a knack for it young man, but make it a point to trade with money you have written off in your books just in case the loss goes berzerk without an SL. This by no means is to dishearten you. Keep doing what you feel like. Just make sure ...

Am I good or just lucky?

Renko blocks side by side — Is it possible to have a renko chart with bricks adjacent to each other ie side by side in a horizontal line instead of of ascending/decending and also without any wick just the defined pip movement figure

Renko Block Charts

Thanks Sam. Keep Trading, best of Luck

Customised Chart EA?

Beware of Oanda — I fell for Oanda platform and maintained a satisfactory practice account. The problem came when I signed up for a live account and after sometime wanted to transfer my balance to another broker, but it just couldn't be done. ...

retail forex brokers - oanda??

Entry point doesn't really matter in this strategy. An initial trade in the direction of the general trend of a daily chart is what I have tried and found ok. The important factor is you should have enough equity to sustain upto seven consecutive ...

Martingale EA - Alternative to FXTradepro

Ammended FxTradepro strategy — Courtesy FxTradepro, for those who would wish to attend to their trade once a day and do not want to use an ea, try the following. Buy/sell Gbp/Jpy in the direction of the daily chart trend, with a lot size ...

Martingale EA - Alternative to FXTradepro

lucidlamp, thanks. Actually I dread EAs and Scripts (cause not knowing to make/use them). I thought may be there was some easier way for this rather simple requirement.

Serial Orders

emda, You could try experimenting. Gazing at a naked candle daily chart can give you new insights. This system like all others is supposed to be a food for thought. Nothing is absolute in the fx game. Some variations may include: 1) Going stop and ...

Simplest and easiest trading strategy

SHR, With due regards for your idea of including MAs to trade the system, I would suggest follow the candle alone, which is a more sure indicator of where the pair is going. A few whipsaws (sometimes more), but IMHO it would eventually take you ...

Simplest and easiest trading strategy

edge540,alcastro, The idea I presented is definitely an original one. I couldn't get to Steviets concerned thread but going through TKimbles 'Daily scalping' found it does resemble my proposed system in essence, but with good differences, like ...

Simplest and easiest trading strategy

The hedge Buy gbp/jpy, sell chf/jpy, sell usd/chf, sell gbp/usd gives almost same swap earnings with my broker, as the triangular hedge Buy gbp/jpy, sell usd/jpy, sell gbp/usd I wonder which would be a better choice where stability is concerned.

Safe Hedging System - Daily Swap

You are right there. You have a floating +USD/JPY in this triangle. Did not know that at the time of initial posting. Thank you and others for clarifying.

Three way Hedge