Price will gap during news events or fast moving market, which is usually not the times we trade with this strategy, we'd trade during active markets but not necessarily on a news announcement or a min after or before, although I'm sure some people ...

Linuxtroll Simple Scalping

Well I assume most people, like me, would put in market orders on oanda instead of a limit just because of the nature of LT's system, you have to be quick in spotting the changes in the rainbow and you don't have time to put in limit orders or ...

Linuxtroll Simple Scalping

Trading group.. — By the way, I'm trying to start a trading group for traders in the Toronto, Ontario and the surrounding GTA areas. If anyone is from the area and would like to join and share trading ideas/experiences please send me a PM. It ...

Linuxtroll Simple Scalping

anyone trading higher lots?? — Just wanted to find out if there's anyone else here trading lots in the range of 400K to 1mill?? If so, what are your experiences with Oanda, or EFX maybe perhaps?? If anyone is using any other brokers for ...

Linuxtroll Simple Scalping

EFX and oanda — I have been trading on EFX this week watching the rainbow on oanda, and I noticed that oanda prices seem to fluctuate a lot more for 1 -2 pip increments than EFX's does in my opinion. I don't know why people are saying efx is ...

Linuxtroll Simple Scalping

Rem and Ikons8 — Hello Ikons8 and Rem, I have a few questions about the booktrader you guys are using.. The booktrader tool that you have a pic of, you said its available through IB, do you mean interactive brokers? I had gone to their site ...

Linuxtroll Simple Scalping

news trading — I have traded news a while back and still do sometimes and I have tried a lot of brokers. if you want to trade the initial spike of news then no broker will consistently give u a fill. Back in the days oanda was excellent for ...

News Trading in the UK : how & who to trade with

interest rates and banks — Well it is a general conception that when the central banks raise interest rates, it is to cool an overheated economy. It is true what bytebodger says that higher interest rates cause the money supply to go down, ...

Um, what just happened in New Zealand?

trend reversal — If someone wants to average a position out, now I feel would be a good time to take a small position long and hold it. Most analysts take is the lowest the pair could go on the near term would be almost or at par with the ...

USDCAD trend reversal?

risk reward — There really is no hard or fast rule.. obviously.. It depends on what your trading decisions are based on. If you are trading via indictors then its hard to say what your exact stops would be.. it maybe when indicators reverse or ...

Is a high risk reward ratio overrated?

volume and liquidity — Yes, but its important to look at the reasoning behind that as well.. If a company calls the bank and says that I'd like to buy 1 billion euro's for a merger and acquisition (which is happening a lot lately and will ...

Forex Gang Trade

trend — abulsaid, I am a little confused, if you mean that there could be two to three different trend direction moves within a period of day or even two days, I would say that if that continues, we may be in a sideways market in which case ...

Forex Gang Trade

technicals and fundamentals — yes market makers may ignore technicals, but true technicals are supposed to reflect psychology of the market.. Market makers have key psychological levels in check and so does banks and feds, and if you draw ...

Forex Gang Trade

gbp boe — Igrok, With the BOE confirming atleast another interest rate hike, wouldn't that be bullish for the moment for the pair and any short would be risky?? Do you see the pair reaching 2.00 again with the rate hike anticipation?

Igrok Method. Q's & A's. Comments, thoughts and ideas

gbp — Igrok, would the gbp at 1.9860 or so a good place to jump in for short with 25% of a full position, to scale in, to ride to about 1.96?? Its crossed over a little from the upper down channel trendline on the 4hr and currently resting at ...

Igrok Method. Q's & A's. Comments, thoughts and ideas

usd/chf — Igrok, a month eariler you had mentioned that the chf is bound to see the 1.13 level, it has since taken a strong upward move.. Given that we may have seen the low of the year, (since the gbp has probably done a top as well and ...

Igrok Method. Q's & A's. Comments, thoughts and ideas

usdchf weekly — Hello Igrok, I uploaded a chart of the usdchf weekly.. Could you verify if I have drawn the trendlines accurately based on your book, because according to the way I have drawn it, usdchf weekly currently seeme to be forming a ...

Igrok Method. Q's & A's. Comments, thoughts and ideas

how do u draw fibs — Hi goodthings, great job at the statistical analysis.. I find your studies very helpful, by far one of the most helpful tips were the gbp crossing the 70 pip level.. Anyhow, in regards to fibs, I was wondering how you are ...

Statistical Probability Trading With Price Action

trend reversal — Its weird to see how many people tend to jump the gun on pointing out a trend reversal.. Being up 100-150 pips on a long trade on this pair does not constitute a trend reversal.. So those of you who have made money on long ...

USDCAD trend reversal?

usd cad long — Amylase, its all about time frame, we are sitting at historic lows, I say you can still make long trades on the usd/cad provided you have good entries as it keeps bouncing around the heavy resistance areas... Its all about if ...

USDCAD trend reversal?