My dollars go to CitiFX and DBFX... huge customer service desks with very little risk of overnight bankruptcy. Huge liquidity pools to cover their own positions. Lesser of all evils, until convinced otherwise.

Please recommend honest brokers

Dortmunder, You trading out of Germany? -Tom (aus Stuttgart)

Simple H1 GBPUSD EA

I like the tone of this thread...

There are no secret patterns and there will never be one

Over 11 years of testing, 15,000 pips gained with no more than 1,000 pips drawdown at once. Losing months: have no idea. All years were positive returns.

Let's talk Donchian Breakouts

I think I know the answer to this question, but.... Does the backtester apply rollover every day that passes in the simulation? I say it doesn't, but... What's mysterious is that there is long and short swap quoted under the "symbol properties" tab ...

Spread used by StrategyTester

"Best time to trade" is absolutely subjective to the trading style of the individual. There is a best time to trade, and it may not be what is prescribed.

What are the best times to trade for individual currency pairs?, by Kathy Lien

Good luck.

journey to become "THE Professional"

Think of me trading old school Donchian with a 2010 remix. I trade it is a completely different way than the turtles did. And, I do not use ATR for exits, though I do have a TA setup that gets me in and out.

Let's talk Donchian Breakouts

When I talk to potential investors, they always say "What can I expect?" And my answer is always, "Nobody knows!" The charts are a reflection of what the banks are doing based on real world current events. Wars, interest rate changes, China selling ...

Let's talk Donchian Breakouts

And one more thing... Anybody that adheres to a set of rules for entry and exit is going to miss great trades, and get unlucky from time to time with losing streaks... It only makes sense, because every system has strength and weakness. During the ...

Let's talk Donchian Breakouts

And as for entries and exits.... The traditional set and forget with a static take profit and stop is... not reactive. Folks, you've got to move in and out based on what the market is doing. I prefer a fully mechanical entry and exit criteria, with ...

Let's talk Donchian Breakouts

Ah, one more mysterious nugget. Everyone looks for smooth trends with no major corrections. They are appealing to the eye, easy to trade, and probably what you live for. FORGET ABOUT IT. They happen so seldom, that you can not base your existence as ...

Let's talk Donchian Breakouts

I'm going to give everyone here a little hint. Think of the Donchian Breakout as a precursor to a trend change.... this is in opposition to the traditional, intuitive way to use a Donchian Breakout for entries with a large lookback, as the turtles ...

Let's talk Donchian Breakouts

Do you trade them on higher than the Daily?

Let's talk Donchian Breakouts

Strictly Daily's for me

Let's talk Donchian Breakouts

David, Agreed. I only use closed candles outside the channel to confirm. Thx

Let's talk Donchian Breakouts

Okay, I don't give away my work for free. But I'll say this... I'm an MT4 trader. There is no Donchian Channel indicator, so everything is programmed into an EA.... Then, use the high and low of a set of previous candles to find the max and min over ...

Let's talk Donchian Breakouts

Lot of views but no responses I know people like specifics, so I'll just say that my use of DB is to only take shorts on the bottom breakouts, and change to longs only after an upper breakout occurs. Like I said, DB is not the entry criteria for me, ...

Let's talk Donchian Breakouts