fx-trader777 I hope this is what you mean: tools->options->charts->show period separators

Time indicator in MT4

Mr Trend Highly depends on trading style. I never use SL more than 50 pips. That means with 1:50 I don't risk more than quarter of the margin taken by any single deal. With 1:200 leverage the margin used by one single deal covers exactly the sum I ...

Which one is better: an ECN broker or OANDA?

actually, yes. indeed, this was supposed to be strong support.

GBPUSD

peas 1:50 is the maximum leverage Oanda provides. This is the only reason why I didn't open account in Oanda. Spread is important, but it's not what is killing traders, especially newbies . Thefore, in my opinion, it shouldn't become main factor ...

Which one is better: an ECN broker or OANDA?

I'm short since yesterday GBP/USD at 1.8415, SL 1.8445, TP 1.8320. I hope after UK ServicesPMI and BOE announcement GBP should start sliding.

My trades by Dave

hagadol I wonder if there is way to estimate how strong/weak theese support/resistance levels/clusters are. Is there any rule based on support/resistance type ?

GBPUSD

CAD strong tone will continue as long as oil prices are holding above 60-65. Actually, commodity and especially oil prices are the most significant fundamental factor behind loonie strength.

What do you think, Usd/Cad up?

Akuma99 thanks a lot for your help. I will test the system on my demo account for GBP/USD first and will back as soon as I have results. I also like to test some historical data. kind regards

"My" System

Akuma99 Thanks for your nice article and for sharing your insights on this indicator. I tried to follow the link (at the end of your article) in order to download squeeze indicator for MT4, but there I couldn't find anything that can be downloaded. ...

"My" System

Ishay, FXsol and GFT are using their proprietary platforms (GTS and DealBook respectivelly). These platforms provide nothing that would be similar to MQL/EA of MT4/3

EJ_4H method

fx-trader777 I guess, in your country any legal business dealing with currency exchange must operate under some banking regulations. I have feeling that banks wouldn't take 200 pips spread if the market of currency exchange was open for competition. ...

Buying currency abroad

w/o apprpriate money managment discipline it will happen again. Never risk in single deal more than 2% of your margin fund. Earning 5% per day ( that means ~100% per month) sounds impossible if you follow minimal money managment principles.

What is your monthly target?

High oil price (for several reasons, not just Iran) is also a big issue.

what's the matter with the USD???

Scalping is definitely not for me. it requires a lot of time sitting in front of screen and involves to much emotions. I know, because as a beginner I started trading this way. But, very soon I came to conclusion, that as a working man I can't afort ...

Scalping is the doorway to real trading

I think GBP/USD will need consolidation and some range bounded trading days before continuing rally to north . Retreat to 1.8050/70 levels sometime next week shouldn`t be ruled out.

GBPUSD

My goal is to be able earning 250-300 pips per month. Today, this number stands around 100, but it's improving. slowly, but improving as I'm getting more experience and learning from my mistakes. I'm trading FX less than year.

What is your monthly target?

hagadol The link displays empty page.

GBPUSD