From my memory from ElectricSavant's work here, Oanda - while they constantly calcualte interest, they only add the interest to your account apon liquidation of the position. Hence one would need to liquidate positions regularly to enjoy the ...

Would this work?

That's why technical analyst purist believe everything is built into price. i.e. insiders will be buying into something ->demand increase -> price goes up. Although most geo-political conspiricy thieories end up being just that - theories, which are ...

Imagine this World

Won't believe it no matter what they say! From a market perspective it means no action in the short to medium term, which means the market can ignore Iran's issues as a oil supply panic factor. SilverB

iran calls package acceptable - n. t.

I don't quite understand how a trending market would affect this strategy. Both pairs will trend together. The issue is if the the spread between the two pairs trends. But the system has a strategy for dealing with the deviation. Take a loss and ...

Would this work?

Wolfe Wave — OK it after the fact. But I'll post it anyway. Yes its a wolfe wave. It wasn't the one I saw originally before all was revealed. In that what I've marked as 3 in the correct/best interpretation attached would have been the 1 point ...

Price Action Exercise: What Happened Next?

Wolfe Wave info — There is wolfewave.com is the originators site. There is http://www.chart.nu/wolfewave.htm is really good. He has a tool so you search daily stock charts for the pattern. Although It requires you to understand what a good ...

Price Action Exercise: What Happened Next?

You cannot predict the market but you can somewhat predict the risk/reward of your trade. Trading with price action and S/R gives you the chance to get high reward-risk trades. SilverB

Price Action Exercise: What Happened Next?

TD Sequential? — Akuma, Thanks I need the practice. I am feeling drawn to patterns which have a zone where I can look for PA reversal. I find Gartleys hard because you need have a lot faith in the pattern as often there is no classic s/r level ...

Price Action Exercise: What Happened Next?

Wolfe Wave? — Looks like a possible Wolfe wave, the extention of the 1-4 line representing the target. Although this is way too late to trade it. If it was traded theoretically it should have been traded at the hammer at point 5 and stop would ...

Price Action Exercise: What Happened Next?

On what time frame? — I was just reading 'Trading with DiNapoli Levels' where the author says he asks the following question at any classes he gives. "Which way is the S&P going?" People say either up, down or sideways. He says the question ...

Best moving Average to show trend ?

I love religious debates — I generally use perl in my work. The main problem you'll find with perl is that its OO is really really bad. So if your thinking quick a dirty, think perl. If you want to make it big, with class libraries in perl you ...

Python or Perl?

Look here for a description url I don't think there is the custom indicator ability. What about a tablet PC, which runs the full XP hence should theoretically run MT4? SilverB

MetaTrader 4 Mobile?

Four-X — It's pronounced Four-X image Silver

This should be funny... "before you new the trading talk"

Words — OK these are a bit silly but they could happen if you don't use Google. Spot price is how much a dog costs. A spread is something you put on you sandwiches.(Think about what a bear spread or a bull spread would be made of.) A pip is ...

This should be funny... "before you new the trading talk"

Psar — MuddBuddha has a couple of systems based on SARs on multiple time frames, or SARs with different settings. Search for his sytems here on forexfactory, or his professionalforex site. Silver

Parabolic Stops.

Some questions — Firstly Vegas thanks for your much appreciated contribution. Things are slowly begining to click in a number of aspects of trading......... I'm curious how you chose how far out the first fib levels to use as a entry in VWB. ...

'Vegas Wealth Builder Part II'

Great quote! — This is a great quote Boycie. Money managment in a nutshell. Silver

Reading......and reading.......

If you look on some of the other forums you will see that MT4 backtesting is seen as unreliable. If you own MT4 you will notice that once every couple of weeks you get a new version. Maybe one day one of those versions would be considered reliable. ...

Custom backtesting code

This thread should clarify the difference between spot and futures forex. http://www.forexfactory.com/forexforum/showthread.php?t=3482 Silver

A disturbing quote about forex trading

Another duck. — It's also on the 50 fib line for the big swing starting on the far left of the chart (running from early June to late July). Also the price area shows resistance in late October early November. If you look at the intra day ...

james16 Chart Thread