If you decide to go with TS, please let me know. I backtest my systems using TS and code them, so if you have questions, maybe I can assist.

TradeStation or VT Trader

http://www.fibonaccitrader.com/ My mentor uses it religiously... loves it... I have yet to try it.

TradeStation or VT Trader

And to add to Mudd's post, he continues to reduce his risk, because his lots have stayed the same, yet his capital is going up. So thus, he's actually risking less as he makes more money... And living in Indiana... yeah, you got it made in regards ...

What is your monthly target?

For the majority, it's more like 8-12 years, 1-3 blown accounts, and countless sleepless nights doing stupid things like risking tons 'o' cash on naked puts... The 6 month thing is a rare occurrence.

Patience, Hardwork, Money Management,blah,blah,blah. I'm sick of these cliche's now :

So you would've made more money without a stoploss. Big deal. Remember, you're in it for the long haul. 10% a month, consistently is nothing to scoff at if you can pull it off. Pro's do 120%+ a year. It's all about consistency. Re: the trend. ...

My experiment hurts my opinion of tunnel/swing methods

Dude. You will be broke within 60 days.

What is your monthly target?

I would recommend on the 1 hour tunnel to use 89, and 144 as your levels. With 20 lots, I would book 5 at 89, 10 at 144, and let the remaining 5 lots ride until I get an exit signal. The reason being that you have more in play for a longer period of ...

1hr tunnel trading risk management

Agreed... If it moves and trends, I trade it. I'm not much of a fundamentals guy, although I do think it plays a bigger role in currencies than most other markets.

Trading JPY pairs

I would highly recommend Oanda. Demo doesn't expire, you can do whatever you want with it, and you can trade in per unit sizes. Heck, you could start trading with $20 in an account...

XAUUSDO on FOREX?

Nader, all kidding aside, I have heard the same thing about ButtonTrader. I use eSignal with the IB module and it works great. I've been an IB customer for over a year now and I think they're one of the best overall brokers out there... You should ...

A little experience with TradeStation!!!

You people need to get with the program! (Pun intended!) 24 is the best show out there... Blasphemy I say! BLASPHEMY!!!

How much TV do you watch?

Heh heh... isn't though...

EURUSD

Darn Egyptians and their pyramids...

A little experience with TradeStation!!!

Trendlines and I watch momentum. I look at values constantly to see if momentum has decreased from previous values. If so, that's a signal of a trend change imminent or already developing. My name says it all in what I believe in... And yes, I'm ...

EURUSD

Nice first post! Yep... 61.8, 38.2, and 0... Awesome... thanks much!

Lost in the Tunnel...

Can someone explain to me what the levels equate to for the fib levels that Vegas talks about? I.e. What does 144, 233, etc, etc equate to? All the fib tools I see are like 38.2, 61.8, etc etc... Sorry, I'm just starting to incorporate fibs into my ...

Lost in the Tunnel...

I have backtested this over some different pairs. I'm not getting anything close to the amount of pips that everyone is seeing... Here's what I see May/June 2005 (bold marks the big signal cross that Vegas spoke about.. the rest are just slope ...

Lost in the Tunnel...

Hi monz... The question you should ask is, "How many mistakes have you made each month?" or "How many times did you execute without hesitation, or deviation from your plan?" A person who can do that pretty much 95% of the time is on his/her way to ...

pls share your journey

Even with tomorrow's probable rate hike on the USD?

EURUSD