I use a 5 minute chart for my intraday strategies... I generally look at a 144 minute and a daily for my longterms...

Time Frames. Big picture vs. Timed entry

I was thinking the same thing. For the love of God, it's real simple -- switch brokers. There's only a ton of ECNs now and a lot are starting to offer micro... or heck, just go with Oanda on the retail side. 'Nuff said.

trading during NFP

Yeah, I like that strategy. It's your common straddle. You can do it in Oanda if you have a subaccount. Pretty much risk-free trading. What I like!

sonny winter's journal

Thanks for the info Scott. And I like the fact that it's a one time fee. I pay +$150 for eSignal right now per month.

Amibroker, anyone?

There is a thread about this somewhere about having to wait for a dealer to approve your trade. That's crazy that a broker would do this. Now that this has happened, are you still going to use them? I wouldn't...

trading during NFP

Nice trade. A little too aggressive on your limit orders for my taste, but I don't know what your experience is, so... as you probably are aware, you run the risk of getting whipsawed. A little less of a risk with NFP versus, say, CPI reports, but ...

Non-farm Payroll

Jesus Christ didn't believe that. He went everywhere. In the markets. In the synagogues. In people's homes. As a community of believers, we are everywhere. And we reflect Christ as a community and a family. Church is there to unite the body of ...

sonny winter's journal

I would advise that that's too far in terms of days to look back. With my strategy, you don't care about anything more than the first ten minutes. That means you should look at the last thirty minutes max. After ten minutes, it's anyone's game, and ...

Non-farm Payroll

Then you did something wrong, or your broker played games with you. From 5:00 - 5:25 PST, the highest high on Oanda was 1.2784 I got filled at 1.2796. You can do the math from that point on by looking at any chart.

Non-farm Payroll

And here boys and girls is why we don't use drugs.

I'm recruiting: $5000 -> $5,000,000 3 years

If you call him "sir" one more time, I'm gonna kick you in the head.

sonny winter's journal

Hi Nic. First off, welcome to FF. The guys (and ladies... it's all about the ladies... yeahhhh ) here on the forum are top notch. We got a few pro's here and God knows we have our share of amaeturs... myself included. Regarding books -- ...

Tell me about Rob Booker

Actually, NFP is easy to trade. 5 minutes before the numbers are released, set Buy and Sell Limits at the highest high and lowest low of the last 25 minutes + 12 pips. Set a Stop of 8 pips and a PT of 80. Use proper risk management. (ya know... MAX ...

Non-farm Payroll

Yeah. Stay away. Sitting on the sideline is a position...

Non-farm Payroll

Ya know, everyone is pretty much short right now on the EUR... so that means we should go long... Everyone is expecting a huge number tomorrow. I even heard 400K in new jobs... With that said, I've been short now for hours... heh heh... :

Low Risk, High Reward Trading Experiment

I am an old TS user. For you Amibroker users, what language is the code? Java? C? Scripting? I've been wanting to try AB out for awhile now... Has anyone used Tradestation and can do a comparison? Thanks!

Amibroker, anyone?

No offense bud, but you sound like you are just willing to gamble it away. If you want action, go down to your local poker room...

stop loss for daily

I've tried: eSignal Pricey. And I'm still not convinced I can get used to their charts. Backtesting and automation is done in Javascript which isn't too bad. Tradestation Probably the best for backtesting equities and futures as the EasyLanguage is ...

How to get good charts?

I have a semi-daily strategy that is my primary long term trend following strategy. My stops in pips vary from one trade to the next but my risk is always 2-3%. 30 pips, as narafa has suggested, is VERY tight. I do 20 pips on my intraday ...

stop loss for daily

That one didn't work out too well, huh?

Low Risk, High Reward Trading Experiment