I'm pretty sure you need to go back and learn about trading. Most of those questions don't make a whole lot of sense. A stop order of 1 - 2 pips would be retarded to use. You place stops based on s/r or swing highs/lows or fib levels not based on ...

just some burning questions i had for a while

No offense. But you have a lot to learn about. There was another individual here like you who wanted everything provided and spoonfed to him. The truth is, is that what makes a trader good isn't whether or not they have the holy-grail of trading ...

Where is the science? Where are the statistics

although gold backed currency is an ok thing, it puts limits on the amount of prosperity a country can accrue...since there's a limit to gold. A better way is kinda how we have it now, except the reserve's one and only responsibility should be to ...

A new world currency?

LoL. that's not true. regulation prevents law abiding citizens from creating and continuing business. regulation does nothing to save people from scams. Repercussions for that kind of actions is what prevents people from scams. Regulation does ...

Giant Sucking Sound as US Dollars Leave the Country

Very true that the United States is careening down the socialist road...however there are a multitude of conservative thinkers like me that are brimming with rage at the state of things. The US will never be gone, and we'll keep going down this ...

Americans : Whatcha Gonna Do About No More Mini Accounts?

forex will be open every day this week...even the 3rd. However, US banks will be closed on the 3rd because of holiday but I believe that's only limited to US. So there will be lower volatility because of this, but I'm sure crosses that aren't as ...

Trading July 3rd

all indicators go into you metatrader directory/experts/indicators templates go in the templates folder in the main metatrader directory.

MT4 inserting indicator

best bet for you is to focus on any strategies that use 4h or higher timeframes. This way its not as much of a concern as to what times you enter. I don't know any specific strategies but just go to the system forum and look at the ones that rely on ...

newbie question

ya. Easiest answer is probably that it was designed and traded best under the market conditions that were around at that time. Depending on how a system is constructed, it might only work for a certain amount of time. That's why continuing education ...

one simple question, how can a system stop working?

I don't know if we can post links here, but Oanda has a good page that shows when the markets open and close relative to your time zone. http:// fxtrade. oanda. com/resources/fxmarkethours/

When has EUR/USD high volatility?

50 - 100 pips for a daily chart seems low. Using a stop loss position like the recent swing, even on a small recent swing, can be 150+ pips. For daily I'd say you'd want a stop loss to be 200+...but that's just my interpretation of the daily chart I ...

Stop losses

I think that the free systems posted here are great tool. I don't think I'd ever use a stock system from here but those systems ARE great for the one fact that they allow you to see how a system is constructed and used. After going through enough ...

Developing an edge

I think that in this game it's all about the consistency of the wins. If you place lots of trades but have to expect draw-down then I think it can be hard on you psychologically. But if you have a trading plan where you know that 7/10 is a winner, ...

What would you prefer - many or few trades !!!

my setup, thanks to Ignot from babypips. Not the exact trading plan I use, but gives general idea of what I look at.

Relaxing colors for charts

I haven't really had any problems with Oanda yet. Sometimes their platform crashes, but that's usually due to a program conflict on my system. I think a lot of people have problems because they are trading very small time frames...many of the screen ...

OANDA Discussion

it's not contradiction because backtesting is all automatic. At least going back a year and testing it one bar at a time gives the feel for real market movement. But what do I know...I've only been trading with an 80% win rate.

Dead end...

Leon: First off, everything you need to know to become a profitable trader is located at babypips and here. All that information is provided for you. The problem I believe you are facing is that you cannot conceptualize the information you've ...

Dead end...