Two words: Curve fitting. They always add those disclaimers on financial ads talking about how past performance does not guarantee future results. EAs are almost never based on something that works all the time. Could have been a slight averaged ...

5 years and still no strategy

I would just PM you but apparently I am on your ignore despite us having this conversation. In any case...there is a reason S/R lines work, sometimes. If you know what to look for it is much higher than 50/50. Something to chew on.

My Forex Experience

Totally reasonable reply. Unfortunately I require as much leverage as I can get because my stops are very tight and to get even the 1% risk I put up per trade eats up significant margin. 50:1 doesn't make it easy to withdraw much lol. As far as ...

My Forex Experience

In general I wouldn't consider weekend feeds worth watching. Could be extremely low liquidity and total lack of any significant standing orders between those points where there are some people buying and selling. But I think more likely their data ...

EURUSD

Hi dkrock. I'm not sure what you mean by "risk whatever you can afford". In another thread you said that you "bet the farm" on every trade. Does that mean you do not limit your potential losses from a catastrophic or black swan event? Clarification ...

My Forex Experience

This I can definitely agree with. Really sucks that we are not allowed to sign up for other brokerages without setting up residency in another country. Eventually I may do that if my account size merits it and sign up with dukascopy but it's a pain ...

OANDA Discussion

I doubt she has really changed her position on leaving the Eurozone. Politicians, regardless of being populists or not, will still do what they feel is needed in order to pick up votes. Do you think her base is going to suddenly change their minds ...

EURUSD

I apologize if I offended you, I tend to have very strong opinions. That said, if you can't trade profitably manually, how can you write a computer script to do just that? Any profitable EA has to be developed by a trader who actually knows what he ...

5 years and still no strategy

EAs are not the answer. People want to make money trading but they also want to be lazy. Trading is hard, time intensive work if you want to make bigger gains fast. You have to watch the charts and act quickly when opportunities arise. I find entry ...

5 years and still no strategy

That isn't "slippage". Slippage is when the broker tries to fill your order at the price but they have to fill it at a worse price because liquidity doesn't provide anything better. What happened to you was you left your position open on the weekend ...

OANDA Discussion

For some reason people don't get that. It's like having a store having a camera system set to a 5 minute delay and hoping to catch shoplifters with it before they're long gone.

Easy Profit Making System

Lol Wolfe Waves. Ignored, what a surprise. Come on guys, ask yourself one simple question - are you making consistent money from this baloney? If not, it's time to find something based more on market facts and less on voodoo waves. To the ...

Wolfe Waves - Get in the Zone

The most important by far is trading strategy. I don't think there's much more than one way to skin that cat and all the various EAs and random systems out there just don't cut muster. All the rest of that stuff is overemphasized in my opinion. It ...

My Forex Experience

Trump is kind of a "strong man" type which is why he appeals to a lot of people. We will see what happens. I do know that NK will probably not fold unless military action is taken but whether or not it is worth the price is up for debate. I do not ...

USD/JPY Discussion

People blame emotions and "money management" for their losses when the core problem is that their strategy isn't effective. Virtually all strategies passed around this forum are based on what amounts to sorcery and fortune telling and have no basis ...

Emotions (money management)

Trump does not like losing face. The Chinese do not like losing face. And sure as hell little fat man does not like losing face because he could lose his head. Is someone going to fold or is this going to the river?

USD/JPY Discussion

Lol. Well. At least you learned something from it, right? Now stay away from "systems" and indicators and look at what your chart says. They're all designed for the lazy person to baffle them with bullshit. Price and some horizontal lines are what ...

100% win grid EA