Who are you referring to?

james16 Chart Thread

It's a manually drawn trendline (TL for further reference). I try to find as many touches to my TL as I can. It's quite a discretionary thing as I, in some cases, allow one or more spikes to poke trough the TL and in other cases I draw it on the ...

james16 Chart Thread

As I see it, the move wasn't so un-technical.

james16 Chart Thread

Anyone watching this?

james16 Chart Thread

Chart:

Journal/Archive

As you may or may not have seen; I bought AUD/CAD for the most expensive pip in yesterdays market (1.0017). I've been holding since, with my SL unchanged at 0.9950. Throughout the whole position I've been looking at a way to cut this loss, but ...

Journal/Archive

I'm about to initiate a new position in Aud/Cad, taken from a H4 chart. R:R is worse than 1:1, but as stated in #1, this is not rare or off-strategy. Entry : 1.0017 (break of the DBLHC + spread). SL: 0.9950 (below the DBLHC +spread) TP: 1.0050 ( ...

Journal/Archive

USD/CAD: SL moved to 1.1106 in light of the current news event. chart to follow Update: 15:00 GMT Position closed at 1.1140 (+35 pips). Price printed a mean looking Bearish Outside Bar, sight after the Core CPI figures were released. Combined with ...

Journal/Archive

USD/CAD surged higher overnight and has reached the trouble area I had marked for it. Since, it has been poking into 1.1160-75 and is continually being pushed lower, but not much. I've moved the SL to 1.1092, which is still below my entry, but risk ...

Journal/Archive

Price broke out of its hourly consolidation and should be continuing it move higher. The SL is now at 1.1059 (formerly 1.0935), which effectively reduces risk by approximately 70%. Further bullish momentum will see me reduce even more. Charts:

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Entered USD/CAD Long @ 1.1105 Chart:

Journal/Archive

I've moved the Stop Loss for AUD/NZD to slightly better than break even. (see charts) GBP/USD has been Bullish all week and found support at the 'Highest Close of Resistance' at 1.6635. I see a bullish continuation as very likely. Strong resistance ...

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Update: Oanda's employee told me to credit my balance with €1.22, as that would be realistic.He did however emphasize that I could not make any extrapolations to other errors, or ones incurred during live trading. Every sitaution is different.I'm ...

Journal/Archive

I've had an exchange of emails with Oanda as a result of my earlier live chat session and most of my questions are now answered.The exact spread at the time of execution [27.5 pips] and the Stop loss was triggered with a spread of 40 pips.moreover, ...

Journal/Archive

The broker I use now is Oanda demo for trading, and I use the MT4 from an FxPro demo-account. Ever since I found out about the PIP/Profit-calculator and 1 unit order sizes, I could hardly think of how one should scale risk on MT4 (i.e. std. lots). I ...

james16 Chart Thread

Have you considered taking your trading out of MT4? Most brokers offer quite sophisticated trading tools, order-types and additional info. Made this transition myself some 5 months ago and I'm very pleased with it so far.

james16 Chart Thread

I had one more option, which is contacting Oanda via live chat. Their support team is now investigating the position and will respond to me tomorrow at the latest. I'm very curious as to what they do in this case, especially if this were a live ...

Journal/Archive

Anyone else noticed the spread-spikes with oanda? My NZD/USD (sell stop) was processed with a huge spreadhike (+6 slippage), and the stop loss was taken out with a similar spike (another +5 slippage). image

james16 Chart Thread

It was the retest of the left shoulder, bar some pips. No additional weekly/daily price action, a pure monthly trade. image W

james16 Chart Thread

Another spread-hike :s, 10+ pips this time. full bar loss on NZD/USD. Spread was actually 17.5 pips, or higher. Twice on 1 position and a grand total of 11 pips slippage. Risk was scaled as -0.98, but ended up -1.22. This loss is going to be hard to ...

Journal/Archive