No, it's a $60,000 demo account and I was trading the 0.1 lot. Losses varied from $4 to $71. gains from 0 to $54.

How to trade NFP/FOMC and make pips

That was fun, and I made 33 pips on demo. But, I'm not sure what I was seeing. Some of the buys were closing out automatically, I don't know why. None of them had a stop loss, I just went with the hedge. When I saw a couple hundred pips profit, I ...

How to trade NFP/FOMC and make pips

Of course, I'm demo-ing on Oanda, so I'll get chewed to shreds by the spreads, LOL!

How to trade NFP/FOMC and make pips

Thanks. Also, a set of instructions would be good. I'm scrolling through the 16 pages and not really finding out everything I want to know. Correct me where I'm wrong: Attach to any chart. 7 minutes before the news, hit the "Fire BUY" button. EA ...

How to trade NFP/FOMC and make pips

MathTrader - live accounts only? Or will this work on demo and live? Is it the same as the earlier version except for that?

How to trade NFP/FOMC and make pips

Hi David and all! Long time. Actually, there's an MT4 command for this. ObjectGetValueByShift("Line Name",shift) will return the y-value (price) for the line at the candle specified by the shift. Edit: I don't know if it works in a subwindow, I'd ...

Hanover replies to PMs

Thanks, I had tried that, and it still missed one. But it is working perfectly now, not sure why. On Oanda, I haven't un-checked it, and it takes trades on the offline charts. Some things about MT4 will always be a mystery I think.

Non-gap Renko Chart Creator EA

Thanks for this, MathTrader7! The program I was using doesn't work on Tallinex for whatever reason. I was trying to figure it out since I have the mq4 file, but then I saw yours, and it works perfectly. I think. My EA isn't taking trades and I don't ...

Non-gap Renko Chart Creator EA

bump

Need latest info on backtesting

I got a PM asking for this EA. I don't know if it will even work or not, I wrote it in 2007 and never used it. Try it out on a demo account first. To use, enter the news time, in your local time, and how many seconds before that time you want the ...

News trading help

So, once again, a chicken little peeps but the sky does not fall. In fact, he was peeping pretty darn close to the market bottom. Prices are recovering, the only hits I've taken are from allowing the wrong people to rent from me. Pretty stupid of ...

Transition from Losing to Winning

Thanks. Back in 2008 I was coming along well, so I put more money into the account, upped my trade sizes accordingly, and, what I was doing stopped working. After a couple losing months, and 2 years of no income, I needed to get a job. So I got a ...

Psychology is nothing

Well, this is an interesting coincidence. I've been gone 4 years, I come back, and John posts his method! I knew if I waited long enough.... just kidding.

The Holy Grail - Found

Ahhh, Forex Factory. The place where traders can go to commiserate, speculate, regurgitate to each other. Someone can anonymously take the role of Trade Titan, and will instantly have throngs of followers begging for tidbits and scraps of knowledge. ...

Psychology is nothing

I concede. IF a mechanical system could win, then psychology would not enter in. I wish this were true. I don't believe a mechanical system can be a consistent winner for any length of time. Markets change, and whatever you're doing will get blown ...

Psychology is nothing

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World debt and who they owe money to

Iceland took a different approach than the US. We bailed out the banks with borrowed money. Who was it borrowed from? When we "print" money, it is borrowed from the Federal Reserve, which is..... the banks! Iceland put the criminal banksters in jail ...

World debt and who they owe money to