I myself have tried BWILC and i felt it did worked because forex prices usually reverse back. The current US $ strength is excessive because of thin december volumes. The funda in BWILC is keep opening small positions so that if you are stuck, you ...

$5k to infinite

Is this EA successful?

MACD_Colored Indicator for 4 Hour Strategy (300+ Pips per Month)

$ 50 billion per day is the total trade volume accounted by retail traders in a $ 3 trillion per day turnover forex market.

Poll: Is retail Forex just a setup by the big boys to take our money?

Maximum leverage is 50:1. I wish it gives the choice for leverage upto 200:1. Otherwise, Oanda is great. Simple, superb.

Is Oanda OK for scalpers?

Pressure cooker situation in forex leads to losses. With high leverage, we need to either make a profit or hit a SL. After hitting the SL, you see after a week, the prices have reversed and it is trading at your target.

The Reason why 95% Traders fail

Always is not the right word..made 100 pips today. 90% success rate. Making money out of market random and crazy up and down movement. It is quite close to grid trading.

2 trades everyday entered at midnight GMT

I have backtested it using last 3 years data on eur/usd only. It works quite well. 60-70% of time, your trade gets liquidated on that day for 50 pips profit. The rest 30-40% of trades are in drawdown and out of them 90-95% gets closed in 50 pips ...

2 trades everyday entered at midnight GMT

Thanks for your opinion.

2 trades everyday entered at midnight GMT

CMX forex will allow you micro lots- 1000 units- pip value = 10 cents. If you need to trade 100 units with pip value 1 cent, then oanda is all i know.

NANO LOT broker othan than... ?

tough trading random price movements

What's going on with the EURUSD?

The forex game is designed in such a way that loosing and wiping out accounts are real possibility. We loose: 1) Because of high leverage 2) Because of mad random movement.

The Reason why 95% Traders fail

After 3 looses, we retail traders shut down our system and exit the market and think and analyse what went wrong. She should do something similar..take a break after 6 looses. I have seen her trading ideas in the past and most of them end up in ...

Mizuho Corporate Bank senior analyst Nicole Elliot on a loosing streak

Thanks buddy. Now i really understood why leverage is important. As i said, in this whole year, we have seen 25 cents movement (2500 pips) in eur/usd- exporters and importers can absorb that much volatility. But we cant even buy a cookie with 25 ...

1 cent change in currency considered a large movement?

Mate, never trade on faith. You should have shorted it at top or near top. It is a bloody market.

EURUSD

Can someone please tell me what type of rates are these? Are these interbank rates in eur.usd? url

1 cent change in currency considered a large movement?

But from where you took the chart? I think those buy and sell words are manually written by someone.

Anybody saw that Indy?

This indicator can change the face of forex trading..could be the next big money maker. Whats the name of it?

Anybody saw that Indy?