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- moneymike replied May 9, 2011
Well the Credit card thing was lagging it's something they should have added long ago. Now i don't have to go to the bank, Fill in that form and all that hoopla. i plan on using it this week in fact. to Fund a account so my Son can practice trading.
OANDA Discussion
- moneymike replied May 9, 2011
it's Great that you can limit Your risk like That, But for me it simply won't work. Like right now i have a Short on Euro it was open since Friday noon, Market closed with it up 69 Pips Sunday it was down as much as 55 pips and now it's up 135pips. ...
OANDA Discussion
- moneymike replied May 9, 2011
I just Noticed That Last Thursday During the Weekly Jobs Numbers. If your referring to the news tab. Also you can have the News event appear on the Chart, But i don't remember How i did it. it's Quite useful For those periods when FF is experiencing ...
OANDA Discussion
- moneymike replied May 9, 2011
i never said it wasn't, and i'd never expect it to stay at 0.8 pips, In fact when i was watching the NFP release i was quoted a 3 pips spread. I don't trade news events but if i did 3 pips wouldn't scare me. Now he said that usually their are large ...
OANDA Discussion
- Submitted May 7, 2011|From reuters.com
Greek Prime Minister George Papandreou on Saturday denied there was even unofficial discussion over Greece quitting the euro zone and asked that his troubled country be "left alone to finish its task." Ministers from the euro zone's biggest ...
- moneymike replied May 6, 2011
And i have looked at your previous Post and all you do is Throw insults and Brag about fantasies.
OANDA Discussion
- moneymike replied May 6, 2011
where that Ignore link that was posted earlier?..... Ah there we go. now i don't have to look at your vexatious, hard headed narrow minded....... let leave it at that.
OANDA Discussion
- moneymike replied May 6, 2011
Dude what broker would have low spreads on NFP. What trader would trade the news and expect low spreads on NFP. There are thousand of broker out there if you don't like One, Move on to the next one. If the broker doesn't fit into your Trading ...
OANDA Discussion
- moneymike replied May 6, 2011
True Makes no sense arguing you do you and am gonna do me. Good luck with your trades.
OANDA Discussion
- moneymike replied May 6, 2011
Ok i am a long term trader, But i also look for Good entry positions, But can a 30 pip stoploss hold when the charts look like this
OANDA Discussion
- moneymike replied May 6, 2011
Dude Enough with it already Look at the chart their spread are low, as low as anybody else at times. It's obvious that your talking rubbish because i watched the NFP release in front of a Oanda Chart and spreads were 3 pips
OANDA Discussion
- moneymike replied May 5, 2011
Also my Money management goes something like this. I use Oanda since their's no lots I can truely use 1% of my balance, Leverage is 30:1. Stops are 50 pips or more behind SR. No take profits i take profits when the trend is over.
Money Management (a great article for FOREX Beginners!)
- moneymike replied May 5, 2011
But if your system wins 75% of the time that 25% may be the nail in the coffin for you. About two weeks ago i made returns of about 4.6% for the week my best week for the year so far. This week by far is the worst losing 2.11% if the week ended ...
Money Management (a great article for FOREX Beginners!)
- moneymike replied May 5, 2011
But placing a 30 pip stop loss is Gambling. There's no reason to say the price won't spike or retrace back and knock you out.
OANDA Discussion
- moneymike replied May 5, 2011
No no matter how low of a leverage there is i still wont trade without a stoploss. Moneymanagement and a bad system can still give you a profit but no money Management and good system will always fail.
OANDA Discussion
- moneymike replied May 5, 2011
also these "traders that open a Trade and place a 30 pip stop loss are a joke. The Forex market is growing more and more popular. Billions of dollars move hourly and you think a 30 pip stop loss will hold. why not wait for the price to move to a ...
OANDA Discussion
- moneymike replied May 5, 2011
I just took this desktop snapshot 3:30pm new york time the market's unusually volatile but the pips 0.08. Now after 6 during that post new york pre Japan period price may be 1.8 But you should expect that. others may have it like 5 pips
OANDA Discussion
- moneymike replied May 5, 2011
i never Heard of a Increase in spread. Spreads are Dynamic in nature, At least with credible Brokers they can be anywhere from 0.9 to 10 On the eurusd. it depends on what time your trading
OANDA Discussion