I just realized Oanda is paying interest on account balances Not just carry trades, but if you have money in your account, it earns interest too.... sweet...

Oanda spreads go back to normal @ _____ GMT

You have to just win 60% on balance ...oh , i never said it was EASY! I said it was simple

Making Money is Extremely Simple

But lets do a few more calculations to explore some possiblities here...Let's say you have a system or signal that is 60% accurate.Now watch what happens to the #s: 2 losses in a row: 16% chance 3 losses in a row: 6.4% chance 4 losses in a row: 2.5% ...

Forex using casinos methods

Martingale systems are a neat facade but offer no real advantage. Allow me to show you why:Let's say you have a system where you risk $1 on Monday to gain $1. If you fail, you keep doubling up until Friday where you risk $16 tomake up the $1 or lose ...

Forex using casinos methods

Hi, good post thanks... Keep in mind though that even a system/signal that gives you 50% is still wrong 5 days in a row every 32 weeks on average. In the end, its just about being consistent and taking more pips out of the market than you give back. ...

Forex using casinos methods

chart

Bollinger Band Price Action Analysis

here's analysis from oct 2 — i find doing these exercises help me...Just pull out a chart and label the clues price leaves as it moves around. On this day, hourly emas are pointing down.

Bollinger Band Price Action Analysis

even so, if we were taking only longs, we could have taken 2 nice trades there... One at the 5 bar reversal pattern , and one near the wick.

Bollinger Band Price Action Analysis

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Bollinger Band Price Action Analysis

Here's a very interesting example (same day) when we use MAs... These are the hourly 'snap crackle pip' emas 18/45 on 15m chart (72 and 180 ema). Notice the price action does what wants, and that starts changing the attitude of the EMAs...

Bollinger Band Price Action Analysis

Yes, TD sequential can be good to look at it.As far as all of his multitudes of indicators, you have to appreciateDeMark's original thinking but that doesn't mean you shoulduse all his indicators.But if you can afford bloomberg, i think you get them ...

DeMark Indicators (ADVANCED)

— mo dough

USD/JPY Discussion

yen trades for chester first week of jan 08 — i see where i need to stay in trades longer... im hopefully improving.

USD/JPY Discussion

interesting week for me for the JPY... won 9 out of 11 trades for +49 pips but didnt catch either of the big moves...

USD/JPY Discussion

i ended up making a pretty easy 19 pips on this trade. First it wentagainst me for 10 pips or so, but then continued the trend. Exited at a pivot point. SL was 3/4 up the way to the previous peak, about 19 pips inan hour or two...

'Snap Crackle Pip' System

here's another example, just now from EUR/CHF... It doesn't get any smoother than this. No sign of any reversal, so i would jump in at this point and take profit at round number psychological level or pivot.

'Snap Crackle Pip' System

this is a great resource, and has some elliot wave stuff: url

Is there any website show the elliott counting?