Where did you come up with that number?

Average Daily Range

Those values are ancient.

Average Daily Range

A couple things: First, it is virtually impossible to be in 6 trades and not be trading highly correlated pairs. Ignoring correlation is a silent killer. My guess is that a bunch of them were USD related and it wasn't going your way. I am never in ...

Has this been an unusual six months?

You are well on your way to joining the 95%. I wish you the best.

Has this been an unusual six months?

eSignal and NinjaTrader both have market replay features.

Looking for a program..

Go back into your Connection Options and set your historical data to "Use NinjaTrader Servers." They collect Gain data on their server. Using Gain Servers will only get you about 2 weeks of data.

there is 100% free data feed for Ninjatrader or not?

I would take my own life in that scenario.

what is the best forex book?

The definition of a pip is the smallest tradable increment. If the increment is now 0.00001 then isn't that the new definiton of a pip? Technically, there is no such thing as a fraction of a pip.

how to read 5 decimal place currency quotes

I learned that a lot of people like MT4 and that they blame their broker for their losses.

Is it an acceptable position?

You should have quit while you were ahead.

5 Must-know Concepts & Tools In Forex

Your broker was not cheating. He was telling you that he didn't want to trade with you during the NFP release. And, if you insisted on trading during the news, you would have to assume the risk of doing so - not him. This is how markets work. ...

What does this spread mean?

This pair has moved 0.4% so far this month. I can't find a pair that has moved less. What steam? By the way, welcome to Forex Factory.

NZD/JPY

You should never say someone looks older...haha. I think there are some 2004 posts. We were far from the first but we are just a few of the survivors.

Is it an acceptable position?

You can trail your positions mechanically or using discretion. By doing so, you can let the market run as long as it wants and you will be exited when it is done moving. Like most of trading, there is a little "art" to this. Trail to close and you ...

Trade manage, Scaled out or no?

I second that. I'm ashamed that you're an American too.

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The best way to use elliot waves are to draw numbers 1 through 5 on your chart and then guess where the market will go next. If you are wrong, draw A,B,C's or just erase the 1-5's and start somewhere else. It also helps to be arrogant about the ...

How to use Elliott Wave correctly?

Scaling reduces reward. I can't think of a scenario where I would prefer to have less profit.

Trade manage, Scaled out or no?

Therein lies the problem. Taking profit by setting targets is guessing. Scaling out is simply guessing multiple times on the same move. IF you don't know how far the market is going to move how do you know when 1/3 or 2/3rds of the move has occurred? ...

Trade manage, Scaled out or no?

Scaling out is a great way to reduce your reward while keeping all of your risk. Do the math, it's a horrible idea!

Trade manage, Scaled out or no?

Actually, I wouldn't be surprised. It's fairly common for the industry to find someone who made it and hold them up high so that every struggling trader will think that the same could happen to them.

Looking for good forex strategy training