Guys if you got any information keep me updated as I am using IB as well and I am not happy with their charting at all..It is very primitive...I even asked them if I can extract the historical OHLC & volume data from the platform, they told me that ...

Connecting interactive brokers to metatrader

I think the correct question should have been how much drawdown traders out there tolerate... I can tolerate drawdown up to 35% but thank GOD I haven't seen this uptill now...I once saw more than this but I was a kid in the trading arena at that ...

What drawdown does everyone use?

Try using Elliot wave analysis...Or are you looking for a mechanical system ??? Thanks, Nader

system for GOLD !!

I am with you on that....I believe that the bottom of this gold correction should end in the $600-$610 zone... Currently flat and going long in that zone.... Thanks, Nader

Gold Discussion

If you don't believe in Elliots & Fibos & stuff like this I would like to tell you that the problem is not with the tools, the problem is with the traders themselves...It how you use the tools & how you manage the risks of every trade that appears ...

Dion's Pyramid

Scaling in and out means buying different quantities at different prices and scaling out means selling different quantities at different prices...Most large traders & market makers always use scaling in and out because they can't go long with their ...

How much do I Need to start trading?? I was shocked when I saw this. Please reply

An increased rate is very good for a fixed income security if you are going to issue it after the rates already increased....The norm is that if rates are increased to 3 % today, then if you want to issue a fixed income note or bond today you will ...

The EUR/USD Rally-Still Dead?

FX Solutions do have micro lots...You can trade in $1,000, $5,000 & $10,000 multiples...1 Mini Lot = 10 Micro Lots & 10 Mini Lots = 1 Std Lot... The website is url ... The platform used is the GTS, which is not the greatest platform I have ever ...

Anyone know any good broker that allows micro lots?

You can check Xe.com now, it's showing the correct rate... Thanks, Nader

EURUSD

Let me share some of my thoughts with you regarding what you are saying... You are taking a series of trades & saying that the probability of 5 or 6 consecutive losses in a row are very low...Yet, within the realm of every trade, the probability of ...

Probability System Theory and Money Management

I don't usually post my trades, but I have to post that I got myself flat in my gold position today at $644.60...Expecting a pullback to the $610-$615 range, that's why I exited & waiting for the pullback to complete and I will buyback once again... ...

Gold Discussion

Depends on your broker...Some brokers open their trading earlier & thus when a certain currency pair gaps up or down, it's just normal trading to them as their trading is already open while it's gapping on other brokers platforms...Oanda for example ...

Is this correct? (About Limit order)

Ya I watch those nice reports every week, but they are too late....Many times there are lots of actions on Wednesdays', Thursdays' & Fridays' that might paint an unclear picture of the COT report we are currently seeing... For example, take the ...

Why the sudden reversals with CAD?

By the way, to be honest, the quote mentioned earlier by me is not my quote...I read it in one of the interviews of Market Wizards, but I can't remember who was the author...Thought that I should just mention this fact so that no one thinks it's ...

Percentage return daily

You forgot about using the leverage my friend.... The 5000 pips you won on your trade should be multiplied by the leverage you are using to give you above average gains erasing the drop in the purchasing power of your base currency....That's one ...

How does one actually make money at forex?

I voted to pay zero or not getting the system at all even if it is free, whatever you mean by zero.. I am an Engineer & I can easily curve fit the data of any chart & get a certain formula that matches the whole data for the past 2 years on the ...

How much do You Pay for a Winner System

Welcome to the FF & hope that you will enjoy your stay here everytime you make a visit...Try to learn as much as you can, you will find some great traders over here.... Thanks, Nader

New kid in this circle

This is true to some extent as I trade gold, silver & oil heavily as well as the major indices futures...In fact I trade the USD/CAD as well...I believe that the CAD is a different personality currency in this world...It is a very complex currency ...

Why the sudden reversals with CAD?

This is probably much more important than how many percentage points a good or expert trader can win in one day.... If you don't bet, you can't win & if you lose all your chips, you can't bet.... Thanks, Nader

Percentage return daily

Excuse me this statement is not true....London WAS the financial capital of the world, but it has been removed from this seat since New York emerged as the new financial capital of the world...Regardless of everything, the amount of turnover in New ...

Has the GBPUSD always been King?