Why do you think that those are the fractional pips? Some trading instruments have quotes like that without fractional pips. And, by the way, fractional pips are pips too. If you have a quote with fractional pips in MT4 and set stop-loss to 10 pips ...

10 pips on these numbers?

0.00010 0.0010 0.010 0.10 0.010

10 pips on these numbers?

If we look at your regression channel, we'll see that there is a probability for the pair to reach the other side of the channel either by going sideways or by rising. We can also see some support level formed near the current price. I wouldn't go ...

Selling EUR/GBP. View Appreciated!

Currently there are no fundamental reasons for the pound to rise or fall against the dollar significantly. So, the range trading is all what's left to it.

Will Cable Continue To Be Range Bound?

As I have said, most countries, including USA, tax all personal income (with certain exceptions) and FX gains (transfered from broker's bank account to yours) will count as such income. If you find a country that doesn't tax income or doesn't tax ...

FX Taxes

But will you send money to your bank account after you change country? Once you do that - that will be an income, which should be taxed. Eh?

FX Taxes

Googling for "Forex blog" will give you a lot of interesting blogs.

What is your favorite recommended blog?

In most of the countries you pay income tax and an income is everything that comes to your bank account (for example from the Forex broker). So, it will be very hard for you to avoid taxes. By the way, 15% is not that much.

FX Taxes

Of course, it's possible. But gold is so speculative lately, that it's hard to make any backed predictions here.

Gold Discussion

One of the best and simplest explanations of the actual effect of the FIFO .

NEW MT5 Seriously Stuffed For Traders Platform

I've never had an interest in grid EAs - neither before in MT4, nor now in MT5, but I could convert some basic MT4 grid EA for you. But the problem is that without OnTrade() event implemented (MT5 is still in beta and not all of its function are ...

NEW MT5 Seriously Stuffed For Traders Platform

It's possible to trade grids on MT5. You won't have many visible open position in different directions like in MT4, but the result will be the same, read the post about grid MT5 trading by 7bit.

NEW MT5 Seriously Stuffed For Traders Platform

Not very true. As I have previously mentioned. The cost of 1 ounce mining and production in a not-so-effective economy is about $350. Bubble arguments . Heh? Gold-backing won't work well for any major currency in the world now. And non-major ...

Gold Discussion

Two points: 1. PA is not only candlestick patterns. CP is a subset of PA, but there are many other techniques in PA. 2. Not all of the presented patterns (on the chart) are signals as candlestick trading is not only about the pattern recognition but ...

Price Action Trading

Setting different stop-loss and take-profit levels to different parts of the the position is possible in MT5. Yes, doing that manually is more difficult than in MT4, but as 7bit has proved to me, it can be simplified with scripts.

NEW MT5 Seriously Stuffed For Traders Platform

In Forex? I don't think its true that the Forex rates fall faster than they rise. Where did you read it? Was there some statistical research on this?

Long/Short Bias

Long and Short are very relative in Forex. If you Long on EUR/USD then you are also Short on USD/EUR. It's just a matter of convention. So, I guess in Forex there is no strong bias in any side.

Long/Short Bias

It's actually possible to operate the grid strategy in MT5. Right now, it would be very difficult to do, but with a certain automation (and such scripts will appear soon), it's possible with the same profit/loss result as in MT4.

NEW MT5 Seriously Stuffed For Traders Platform

It doesn't really matter if you know your target/stop-loss or not. If you need to hedge a position in MT5, you just close it (or if you hedge with a different volume a difference-position is opened - all with one order, like in MT4). If you want to ...

NEW MT5 Seriously Stuffed For Traders Platform

Oh... Sorry. You are right. For some odd reason I've always thought that I purchase $100,000 worth of euros. We learn as we live, I guess. Still don't understand why some brokers show somewhat random margin for buying 1 standard lot on EUR/USD, ...

calculations and confirmation