EURAUD on the H1 going Long at 1.4310 . The EUR is recovering while the AUD is getting weak. SL at 1.4250 target 1.4400 see how it goes. image

EUR/AUD

The first thing you have to learn about trading is the money and risk management. This is the most important thing to start with. Once you get this properly you start learning the other stuff to improve your entry and exit points until you get ...

Money Management / Risk Management

@Not-KPMG thanks, regarding the USDJPY I wouldn’t sell it yet its still a strong upper trend, maybe after a test of the highs at 116. Cheers

EURUSD

On the H1 Chart triple peaks couldn’t break the 200 MA. It’s the end of the first correction entering short with a Stop at 1.6700 . TP around 1.55 area see how price reacts. image

EURUSD

Bokers who offer leverage of more than 1:500 I would generally run away from. It’s a market gimmicks to let you believe you can win more, but its exactly the opposite its much easier for them to steal your money. Other than that no serious broker ...

Any good 2000:1 leverage broker?

Great point Custos, actually if you could make more than the bank can give, you are doing great. Its just that we always want more more and never look realistically as you are pointing it out

Realistic Monthly Trading Profit?

try to stick to most common used values for the Moving averages these are 20 , 50 ,100 and 200 . The 100 and 200 levels are one of the most watched levels around so the market always reacts.

Moving Averages

Forex is a massacre and its 2/3 handled from automatic systems. Finding a good expert advisor is the hard part . And it needs a lot of testing before and a lot optimizing afterwards. Its never a set and forget kind of thing as the most people think.

Questions regarding EA/Automated Trading

Dude the closest I can get you is the multi purpose trade manager Ea. Google it , its free and there you have the option to choose the hedging option, where lets say you can choose the value in pips for the loss and the system opens a hedged trade ...

looking for a hedging ea

Yes sure you are correct too regarding the brokers side. But the topic is about margin calls and levels and you are referring to risk management. Of course if you have a proper risk management you should not get to a margin call and the smaller ...

Margin Levels and Margin Calls

illiquid basically you need a pivots indicator that has the option to shift the calculation of the Pivots 2 candles back without taking the second one into the calculation. I have seen many indicator where you can choose how many candles to include ...

The Best Pivot Points Indicator Ever

Great summary on the topic kpclick , more people should read it Putting it all together as we are using electronic trading platforms , we are depending on the machines and the internet connection.

do faster computers make a difference with slippage?

fix Api is a protocol where a programmer establishes a connection for you directly with the Liquitity Provider and is quite expensive and hard to do url . The difference with VPS and a dedicated Server is not that big. As far as I know it a VPS is ...

do faster computers make a difference with slippage?

fxpiprunner good to hear about the Vps. It sounds like your brokers server is in New York too. 1ms is an amazing speed. But just to let you know there is not much better it could get with a VPS. You can get a little less than 1ms but not much more. ...

do faster computers make a difference with slippage?

I am currently using the THV TZ Pivot which has some great futures and can be modified to your liking. The whole THV system is great anyway. You can find it here and the indicator too here: url

The Best Pivot Points Indicator Ever

Different brokers offer different margin call and stopout levels. Basically the higher the margin call and stopout level the more safe your account is. At the same time the higher these levels are the less room you have for your trades. The smaller ...

Margin Levels and Margin Calls

Exactly in order for the odd timeframe to work the normal Timeframe should stay open.

Customizing MT4 Time Frames

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Trading Cartoons and Pics

Hi guys, I am using the multi purpose trade manager which is an amazing tool especially the hedging function. There is one small thing though if you could modify it. When hedging is true and a hedge trade is open and it hits SL or TP , it ...

I will code your EAs and Indicators for no charge

Its the elections week, Gaps everywhere starting this week with some good altitude video

What kind of music you hear while you trade?