Out of curiousity what timeframe do you guys use to draw the fibs? i mostly use the 5minute.

Fibonacci Projections

not really sure what dynamic trend is but what these do is basically create a channel and also support/resistance points. once the channels they create are broken though the results are huge. i mostly use the 30 and 5 though not the hour.

Fibonacci Projections

my bad guys the problem was on my end. i just forgot to delete this thread earlier on. i fixed the problem within 10 minutes.

FXDD down

some of you have a valid point in win loss ratio and that you can lose more than 10 pips on a single loss but i never stated that i stop at 10 pips it just means im comfortable with ten pips. in example i made 30 yesterday and 70 one day last week. ...

10 pips a day can make you rich quickly

not very hard to believe. 10 pips a day is not a lot at all. just catch a continuation of a trend and thats good for at least 7. if you know what your doing 25-50 pips is likely even. i just used 10 as an example because i know its obtainable if i ...

10 pips a day can make you rich quickly

when i mean 10 pips it doesn't mean that as soon as im up 10 pips im out. and i never use a stoploss. if the trend doesnt go in my favor within the next 3-4 candles i get out usually out just spread. today for example i made 20 pips on the usdjpy ...

10 pips a day can make you rich quickly

it was beautiful today. great chart set up and usdjpy short in the 117.40s

Asian Session Fear

volatility is not too fun when you trade bigger blocks. sucks big time when your down $500 within minutes. I also go to college and yea trading early in the evening sucks but it beats having a job. if i go out and miss the asian session just trade ...

Asian Session Fear

I'm a manual trader so i just see what i like. that and a couple of moving average alignments and candle patterns. remember the Japanese invented the candlesticks so those are very useful. it usually takes a little while for you to get the pips. but ...

Asian Session Fear

easiest time to trade. i only trade the asian session. if you got a good system and are satisfied with 10-20 pips a night then its the safest time to trade. most i ever lost was 10 pips during this session.

Asian Session Fear

changed the title so it doesn't sound like an advertisement. my system is relatively simple one. first off i avoid all news releases and only trade the Japanese session because i find it to be safer the biggest loss i ever had was like 20 pips. i'm ...

What's a Good Winning Percentage?

well i have a ea set up through metastock and when i get alerts i get in pretty simple. i usually make less pips in the asian session than on the US session but the pips are safer. a candle going against you in that session is only like 10 pips. ...

Technical Trading the Asian Session

it was interbankfx. moved to oanda and fxdd since.

Specific FXDD question

what i realized trading this is that there will be alot of false alerts since the metastock datafeed is much different to that of brokers. so i guess autotrade wont really be an option. i even modified it and got even more alerts so no way can i ...

Is backtesting any good? Ridiculous Results

Well I already use this strategy for trading and usually scalp 5-10 pips everytime. This usually works a couple of times a day and it basically works during more calm times, i have a separate strategy for news releases. I was just amazed at the ...

Is backtesting any good? Ridiculous Results

As far as avg winning pips the avg is 12(Assuming spread is 2) and avg loss is 18 pips(since im already down 2 when entering). I adjust for the spread according to pair but spreads are generally between 2-3 on oanda anyway. As for the coding i ...

Is backtesting any good? Ridiculous Results

one thing that i found positive about fxdd is that it leads some brokers. on the last announcement i saw the move on fxdd took a position in my broker and it moved 3 secs later. i use it as my demo for now.

Specific FXDD question

i currently have metastock and the language is as easy as it gets you literally write cross(close, mov(close, period, ema). i tried writing somthing similar to that in metatrader(if close > ima(20, mode_sma,0)) and got a bunch of errors. i dont need ...

Metatrader Formula language help

i found same strange differences last night between the 2 feeds. for one the ib charts are a minute fast. that can really screw you up when you depend on ma breaks. also for some reason when the usdjpy took off last night the buy point was the same ...

FXDD or Interbankfx