this has happened to me twice in the last week and I am a longer term trader - trade off of dailies. Got stopped out of one trade even though it was clear on the chart that price, minus the spread never hit my SL and just yesterday I got dragged ...

FXCM Discussion

thanks for the follow up......I'm a long term trader, so I am not that active, just needed to adjust the SL's on my positions for the increased spread

FXCM Discussion

Monthly open ........ha ha ha........im not that complicated. maybe I could have filtered out some bad trades that way, but I never bothered to look. I use the MA I use as a trailing stop as a buy/sell line. I use different durations for my pairs, ...

The DIBS Method... No Free Lunch continues

FXCM micro spreads — Did FXCM recently jack up the spreads on the micro accounts. I could have sworn they were advertising that they would be lowering spreads a while back. maybe I am wrong..............

FXCM Discussion

US/YEN.... — carries on its merry way......up about 1450 to 1500 pips at the moment - still holding 5 risk free positions........ who said easter would be quiet.............

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I go in off the daily bars only. I have yet to figure out how to transition a trade from a lower timeframe to a higher time frame. I got stopped out a few times in the zone of congestion. The only time i will re enter is when the IB is sitting on ...

The DIBS Method... No Free Lunch continues

5th position........ — on the U/J went risk free........total position is sitting about just over 900 pips to the positive......... wonder where this will end up..........

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5 positions long .... — on the U/J 4 are risk free (5th is about 15 point away from being risk free)............all off IB's

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time to change your US dollar positions........ — GS says its time to change after being wrong.......... url

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first part of your question....... yes Second part of your question.........i think it all depends. but i will go one step further to suggest it might not ever be invalid, but this probably depends on the time frame you play. If you think about this ...

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I've done worse...I ran my own 24 hour fx desk for about 5 months......by myself......then I figured out how to play the longer time frames and now I have a normal life...........well sort of........day trading equities.......

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sorry, I may have misunderstood you.......you NEED to play on daily chart cuz waking up at 3 am to play hourly inside bars is not compatible with a normal life.............found that out the hard way. Its quite simple........just size down on the ...

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I suspect that you could use a period converter to start the trading day whenever you want and still play daily IB's and make money (a trend is a trend is a trend). You would end up with a different set of wins and losses (and different ...

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More pounding of the pound...... — putting on the third postion. First position is risk free Second position is not risk free yet...... will add the third position based on the IB that formed Friday

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Time to add........ — to the U/J long on the open of trading based on this IB that formed friday..... still have 3 positions riding risk free

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you seem to be killing your own argument here. you hold up all of your rules as being valid, yet cannot get positive results. how do you know that the "low liquidity" of mondays or fridays has the same impact on 4 hour as not trading before 6am gmt ...

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i like to play for 1000's

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Pounding the pound....... — again......... Short three positions on the GU 1. in @ 1.5216 - already a risk free trade 2. in @ 1.4854 - sitting in draw down in this one......have not removed half the position yet

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USD/YEN — After taking a few losses in this zone of congestion that contained mutliple IB's, I am finally long 3 units risk free (3 positions were closed when the trades when 1:1) (follow this link to see when the congestion started url ) ...

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1. how much data did you back test 2. Maybe you have a few too many rules. How do you know if any of these are valid or invalid rules? Keep it simple................ A quick review of your rules 1. OK, I can see where you are coming from. But I dont ...

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