It's funny how MA systems usually work on a trending pair...not to mention on a monthly chart. I'm just wondering what the point of your trendlines are. You draw them, but they play nearly no part of your "system'. I'm just eyeballing it, but if you ...

Pipstert's Trading journal

Well, I don't usually sit at the desk all day, but on average i'll sit at my computer for 2-3 hours trading and another 1-2 hours writing email, news, etc. That being said, i do have a traditional desk, but i don't always use it. I'll move between ...

Lower back pain and your forex chair...

I don't quite understand you, but it sounds like you're asking what tools i use to guide my trades. I use moving averages at 100 and 200 periods to get a glance at the overall trend. My trading technique revolves around the use of trendlines/S&P. On ...

Tech Traders

Google Metatrader, download it, and go wild with your tech analysis. My advice, don't limit yourself to tech analysis. When i first started in forex, i went through every combination of indicators looking for that "holy grail"...no kidding, i didn't ...

Tech Traders

A backtest simply tests your strategy against past price data. The only time it will "fail" (i assume you mean balance=$0) is if your exit conditions are not invoked and the price drop is sufficient to blow your account. If you look at the "report" ...

Will a backtest fail if a trade will blow my account?

Interesting...i was hoping to find some code, but you didn't post it... Looks like a time series forecast with some measure of variance around it. Only problem is that you can't predict the breakout. I'd be interested to know what you used for the ...

Quite interesting indicator, isn't it?

Fugly, leverage affects the risk level. For example, no leverage: one could make $10 and lose $10. With leverage: one could make $1,000 and lose $1,000. When you imagine an account with only $2,000, having such a level of leverage makes the risk ...

FOREX: The Holy Grail

You can change to candlesticks...i believe it's in the same group as the "currency""period""chart type" But yea, when it's all said and done, it's a pretty bad charting service. Even though i use price action, i still prefer MT4 for putting up trend ...

so this is the great Onada?

I just attribute it to volitility. GBPJPY was making 200+ pip movements in the 5min. I'm just glad they did jack the spread to 50 pips. Would of been nice if i could have accessed Oanda when i wanted to trade...

What's Up With Oanda's Spreads?

This has happened a few time for me with Oanda. It's very disappointing. With the way GBPJPY is moving today, it would be nice to put some trades in. I'm afraid this one is the last straw. I'm going to start looking for another broker, hopefully a ...

OANDA Discussion

yes...but i was under the impression stop loss orders didn't come into effect until you actually have a position. And the one order that wasn't cancelled, wasn't even filled as the price crossed through the limit.

OANDA Discussion

Weekends with Oanda? — Does oanda allow trading with the open of sydney? I just tried to place orders, but they failed to fill when the price hit my limit. Also, I had 2 other trades canceled by oanda because my stop loss on my limit order was ...

OANDA Discussion

anyone using MT4 on a Palm OS? Anyone know of charting software for a Palm OS?

MT4 on PDA or Smartphone