If there's anything I've learned over the years it is that you can't be me and I can't be you. I have seen several manual traders that have shown and described there profitable systems, but I could never do what they did. I just couldn't see it. I ...

Noob needs to learn more - what books do I need?

Your risk is actually higher than this and is tied to your overall success / fail ratio. If you have a trade success ratio of 40 winners to 60 losers and the biggest string of losses is 40 in a row... then what is your true risk? Obviously in most ...

The 8 most dangerous mistakes of forex

Yes, just as much as it is important to know the difference between a cat and a dog.

The 8 most dangerous mistakes of forex

Surprised nothing was mentioned about these two? 9) Stay out of threads titled " StopLoss vs No StopLoss" 10) Stay out of threads titled "Thinking Outside the BOX"

The 8 most dangerous mistakes of forex

I hold a funeral. Those soldiers are dead and need proper burial. I'll remember them again for a brief moment tomorrow. I only remember them so as not to repeat the tragedy that cost them their lives. Seriously, you avoid negative thinking and you ...

How do you survive after negative trades?

And don't forget the Nubcake either.

GoMarkets Discussion

The gap can also occur to an open market after a big surprise in news announcement like during NFP, surprise central bank rate change, central bank intervention etc. The explanation is more like a price on a chart leaves no trailing price bars as to ...

Gap Up and Gap Down terminology

yeah it seems a little quiet. I believe it's more restrictive when it come to placing 2nd -5th trades although it still can be somewhat restrictive to placing the first trade depending on what the pairs are doing. In the case this week it appears ...

Contraband

does it support the use of EA's?

MetaTrader 4 for iPhone Coming Very Soon!

yeah that's fine but try to wait until sunday start up to send them and group them so I know they are friday close and Sunday start up. Otherwise it will be harder to decipher them.

Contraband

ok do a favor for me if you can and note where the stop loss is on a few pairs (if you can take a pic) before friday close and then compare that with where the stop is placed at the beginning of the week. This is only if the trades stay open over ...

Contraband

yeah I know what it's capable of ... but this will come down to pair selection as well some weeks. Glad to hear you got it working. Which version # are you using?

Contraband

There's still a few positional problems with the stop setting but as far as I can tell so far that's about it.

Contraband

New version posted in top post. Several changes: 1. Stop movement: as trade progresses (positively) the stop should move up or down. If stop movement doesn't occur the trade(s) will time out and look for minimal profits or the stop may eventually ...

Contraband

My sentiments exactly.

Tadawul FX (TDFX) Discussion

Whatever indi's you decide to use is up to you... none are required for EA to operate they are all hard coded in. Also currently there is no period restriction you can run from any (supported) chart.

Contraband

Hmm hard to say but almost sounds like some kind of error maybe? Post a screen shot of one of the pairs you're running on and don't forget to scroll the pricing stuff down so I can read the printed info on the chart and also let me know which broker ...

Contraband

Broke well over the 1000 pip barrier and currently hovering around the 1500 pip mark... (although the pic doesn't show this.) So me thinks this is entering the "BLS" realm. (Beginners Luck Syndrome). I know it won't always be this "easy". Anyway ...

Contraband

yeah those are still a pretty long way off ATM. LOL. I had problems with last demo result I shown and that result most likely would have been over $200 or 1000 pips and close via timed close (most likely) by now. Anyway I fixed the demo problem ...

Does this simple system by Richard Donchian really work?

Yeah that was earlier this morning all those profits are mostly evaporated into thin air right now. Still up a little but not much... So there are two ways to go about it... further cut the close out target and close out the whole batch with decent ...

Does this simple system by Richard Donchian really work?