Took this long trade this morning (red arrow) once it reached the first zone (turquoise line), I moved my stop to BE, and got stopped out. In this case, the blue bearish bionic candle warned me of the bear move, I could have closed the trade with ...

Bionic Chart - The easiest forex navigation

Sure, 1 million profit, 20 K loss in a year, and all is still good. Chances are if you are profitable, and have an excellent R expectation, with the new tax rule, you will be able to make an average of maybe 1000 Euros a month, which you will have ...

In 2021, day trading in Germany will be dead

Yes, opening a company could be the best option, all taxes on your trading will be lower, much lower. The biggest hurdle though is finding a Broker that will accept an Institutional Account. On top of that a good one, with decent spreads and ...

In 2021, day trading in Germany will be dead

"I had a choice between Rainwoods and OVO." I bought the OVO period converter a while ago, very useful and cheap for 2 machines. Tick charts: very interesting, I am digesting, for now, the key candle and zone creating. Thanks again, Michael.

Bionic Chart - The easiest forex navigation

ERUSD 15 today:

Bionic Chart - The easiest forex navigation

Servus Michael Thks. for the first class free lessons. Totally agree with the Big Player´s dominance of the market, and the need to find a way to read their footprint to trade accordingly, and not the other way, feeding the whale. ...

Bionic Chart - The easiest forex navigation

The whole forex is about Stop Run, it is the name of the game.

vsa with Malcolm

True, but smaller TF gives more opportunities to trade and to practice and improve your edge. There are aberrations, especially on the lower TF, Stop Run, Broker spikes, etc. It is by no means a "fair game" tables are being constantly "tilted" day ...

The brutal truth of day trading

Start with a penny, double compound every day, make a million in less than a month...

The brutal truth of day trading

Gone are the days where you would just let your edge play out and make some money. These days, after a successful trade, you will find most of your profits ended up under "financing costs" in the hands of your broker. That is if your ...

OANDA Discussion

Done, withdrew all my funds, as soon as the money arrives in my Bank, I am finally CLOSING MY OANDA account. ENOUGH IS ENOUGH, they used to be good, 10, 15 years ago, year after year they got greedier and trickier. CHAU!

OANDA Discussion

I just made a test, risking literally pennies "WITHOUT GUARANTEED STOP-LOSS", just before the news. 19 pip slippage! In the past (I mean up to the "new changes"), my stop would get hit by the news, but mostly at, or very close the original. So this ...

OANDA Discussion

After giving it the last try on a 6 H chart it is clear, the only way to trade Forex these days, at least with OANDA, is day trading. Gone are the nice, relaxed Day Bars trading.

OANDA Discussion

Admiral Markets seem to provide "decent Swap rates" anyone has experience? Tried to find a list of the weekend or day swap rates, absolutely hidden, that already tells me something. Here´s a swap cost calculator from them: url As u can see I´m ...

WTI Crude Oil Trading

Today another one, had a pending order on Eurusd, just when it got hit, it automatically got canceled.It would have been profitable. You don´t have to believe me, believe Oanda, they are your "friend".

OANDA Discussion

Are u for real? or you work for Oanda...

OANDA Discussion

Sure, actually it was a 16 pip slippage.No news, just a good old rip-off. That is for me the reason they created this "guaranteed stop", apparently at no extra cost. So they can tell you: "sorry, next time use a guaranteed stop". ...

OANDA Discussion

Good on you, but are u sure they compensated everyone, or maybe only the ones who claimed it? Chances sre they pocketed the money of those who didn´t do their homework

OANDA Discussion

I´m an old dog. Own a small successful business. After so many years, you can sense people with "goofy intentions".Especially my wife can smell problem clients by a mile, we just avoid them, and stick to people with whom we will all have a happy, ...

OANDA Discussion

Just got stop ran on 2 positions on AUDNZD, fair enough, but they filled my stop with a 13 pip slippage, almost double the risk taken. They have this new "guaranteed stop". Have u guys tried it, and how much does it cost?. Probably now, with this ...

OANDA Discussion