Yes they do. I don't trade the news but I would use this if I did.

Oanda Slippage

Exactly. I couldn't have said it better myself.

So your brokarage account just hit 7 figures

I do if there is divergence and/or price action confirmation. I usually enter on the retest of the previous trend line unless there is strong divergence, then I will enter when the MACD ticks down or there is a strong break.

Trendlines through spikes?

I personally do not enter into a trending market unless there is a trend line bounce. I only go for the safe trades with the highest probability of succeeding. Remember, there is always another opportunity. Sometimes you just have to wait...

Trendlines through spikes?

The safest way to trade with the trend is to look for price to touch the trend line and then enter on the next candle/bar that closes higher than the previous. This will give you a safe entry point and allow you to place your stop loss not far below ...

Trendlines through spikes?

Here is a link that gives a broad explanation. http://www.investopedia.com/terms/c/countertrend.asp I personally would not recommend it, it yields smaller profits and it's risky. Counter-trend trading is like driving down the highway backwards, ...

Trendlines through spikes?

In addition to my post, spikes can show importance in price and should be analyzed carefully but they are not always relative to the overall market direction. Unless your a counter trend trader and then the spikes are what you are looking for.

Trendlines through spikes?

It's best to draw your trend lines through congestion areas and leave out the extreme spikes.

Trendlines through spikes?

Systems usually don't work well in all market conditions. It's better to have a few different methods for all the various market conditions you can be faced with. What works in a trending market usually doesn't work well in a ranging market and what ...

Trading Systems or Trading Setups

From my personal experience you should read as many books covering the subject as possible and not beleive everything you read on a forum as most on forums are clueless as well. I know for certain that "Trading for a Living" by Alexander Elder ...

New to forex

I think he means James16 signal such as pin bar.

james16 Chart Thread

This is a huge help! Thanks!

Grid - New indicator that replaces chart grid

I'm trying to help him out. He's not calculating his risk correctly. I'm confused on what the problem is here. Anyways, good luck with your journal.

My OSAMA System

I'm trying to help him out, which is why I posted a link. Money management is the most important part of any system and your going to send a system into the dirt if you can't get your risk per trade right.

My OSAMA System

How can 9% risk only bring 7% drawdown? You need to read the link I posted because I don't think you are understanding how to calculate your risk per trade.

My OSAMA System

You were spot on the first time. It was actually a part of a phrase I saw on a t-shirt one time that said "drugs hide the real you". The "hide the real" part just stuck in my head for some reason. And thats how I became hidethereal. Wish it was ...

My OSAMA System

This link will explain how trade risk is calculated. url

My OSAMA System

Wouldn't 10% be $100?

My OSAMA System

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Trading with Fibs...and Targets...!

I'd be more proud of myself if I could pick up a rattlesnake like in your picture, lol. I live in Texas and I've never been a fan of them.

My simple journal... Read at your own risk.