Agreed. I optimize my stop losses, so I always know what my risk level is based on position size (which is determined by that stop loss)

No Stop Losses!!!

I couldn't agree more.

Where are the pros ??

S EURGBP @ .6836 SL .6886 SO .6636 Total Pips: +269 pips

Mr. Trend's Currency Picks

L AUDUSD @ .7735 SL .7683 SO .7935 C @ .7689 -46 pips

Mr. Trend's Currency Picks

I don't know about you guys, but my perception of the market changes a lot when my buddy, Captain Morgan, is sitting next to me. :

Quantum Physics and trading forex

1. There's no reason why you should be using even close to 50x leverage. Those brokers who offer 200 and 400x leverage do so because they don't care if you bust out. They like to take a ton of risk. Oanda chooses not to take that risk. 2. The big ...

Which one is better: an ECN broker or OANDA?

What's everyone's thoughts on gold right now? Still a good buy?

Gold Discussion

S USDCAD @ 1.1074 SL 1.1129 SO 1.0874 C @ 1.1129 -54 pips

Mr. Trend's Currency Picks

S EURGBP @ .68407 SL .68932 SO .6693 C @ .68453 -5 pips S USDCAD @ 1.1061 SL 1.1116 SO 1.0861 C @ 1.1091 -30 pips L GBPUSD @ 1.84855 SL 1.84325 SO 1.8685 C @ 1.8570 + 85 pips S USDCHF @ 1.2317 SL 1.2371 SO 1.2117 C @ 1.2292 + 25 pips S EURCHF @ ...

Mr. Trend's Currency Picks

S EURCHF @ 1.5602 SL 1.5654 SO 1.5352 C @ 1.5628 -26 pips S USDCAD @ 1.1053 SL 1.1108 SO 1.0803 C @ 1.1103 -50 pips L EURUSD @ 1.26355 SL 1.25835 SO 1.2885 C @ 1.2702 + 67 pips

Mr. Trend's Currency Picks

IB's is rather rudimentary from what I recall, however, it's getting MUCH better. However, if you are looking for a great chart package for the price, check out Medved's Quotetracker. Medved posts at Elitetrader, offers A+ support, and has a huge ...

Is FXCM dealing desk a dinosaur?

fxHotspot is well established and I've heard various good comments about spreads and whatnot both online, and from my mentor. I already have an account with IB (IRA), and I think they're top notch. But more importantly, both brokers are ECNs... I ...

Is FXCM dealing desk a dinosaur?

I use Oanda, but at some point I'll be switching to Hotspot or IB... why can't you use Oanda?

Is FXCM dealing desk a dinosaur?

L EURJPY @ 143.395 SL 142.42 SO 145.895 C @ 143.402 +1 pip S USDCHF @ 1.2366 SL 1.2452 SO 1.2166 C @ 1.2375 -9 pips L AUDUSD @ .7598 SL .7551 SO .7848 C @ .7681 +83 pips L EURUSD @ 1.26338 SL 1.25542 SO 1.28338 C @ 1.26103 -23 pips S USDCHF @ 1.2368 ...

Mr. Trend's Currency Picks

Amen.

What do you think, Usd/Cad up?

Cable is my new best friend...

GBPUSD

nice call so far.

My trades by Dave

Hi David, May I ask why you exited at breakeven?

My trades by Dave

It's actually kind of strange. What's more strange are the amount of strategies on this site that when you backtest them, they actually yield good profits, and that they are openly shared and worked on...

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