you are assuming that oil prices stabilize, and I am not entirely sure about that. oil is not printed like money or shares, it doesnt grow on trees, and as soon as it is found it is burned. It will take decades before alternative forms of energy are ...

EURUSD

Yes indeed some people are already calling tomorrow the most important day of the year for the market.. I am not so sure about the importance but i bet some eurusd is going to be crazy tomorrow. Actually I think NFP is coming out right in the middle ...

NFP on Thursday

So, Mr. Clitoris, who do you suggest?

isn't there a home for scalpers?

For futures data, anfutures.com is a cheap source.. let me know if you buy the SP data !

Where can I get TICK DATA for backtesting

Thanks for an interesting read.. All fund managers say the same. Clients are like that across all professions I guess.. An interesting book in this regard is "pit bull -lessons from wall street's champion day trader".. he story of a very good day ...

Nice Interview of Bill Lipschutz (especially for those managing other people money)

wow, that's a nice applet. Did it scare you? even with a win probability of 0.5 and a W/L ratio of 1.1 (which you have to admit is quite lame) it never went broke over 1600 tests. Sure you get 20 or so cases of 50% drawdown, but having the stomach ...

Monte Carlo w/ your money management

try using kelly's formula to optimize lot size, it most probably will give you the best result

Monte Carlo w/ your money management

I too would love to hear more about this.

Oanda interface

backtesting on mt4 is absolutely meaningless for timeframes below 1H.. it only makes sense for forward testing, but with those spreads the results would be non significant (im assuming you scalp somewhere else)

Limitations on backtesting, is this a problem with MT4?

it may impact sentiment, but on a fundamental basis i see very little effect. Im going to try and fade the reaction to a no.

Impact of Ireland possible 'no' to EU Lisbon treaty next week?

I have written (for a client) an EA that places orders on Oanda without using their API, however it does have drawbacks: you cant be sure your trade has been accepted if you use lower / upper bounds, you cant close trades programmatically, it is a ...

metatrader with oanda

I didnt lose any money and i do know about their good reputation, but it isnt the first time i've noticed this happening. Also, I wonder how they would remedy that -- just credit back the loss, or reinstate the position? the day after eurusd went up ...

why it is not safe to use stops on Oanda

here's an approximation

Market Profile and MT4

slippage can be minimized by specifing an upper and lower bound for your entry price, and the spread is really just 0.9 pips if you dont trade during new releases (I know you dont.) On the other hand the platform is not as customizable as MT4 and ...

OANDA Discussion

bloomberg comes in handy when there's some important earning release after the close... by the way you can watch it online for free at their website. another fine source of news is reuters, which has recently opened their API to everyone so you can ...

Does having Bloomberg TV on in the day help with your forex trading?

more or less what you said -- it is a bit sensible to Swiss data (the latest descent started when a swiss bank had a big writedown), but it usually mostly ranges, which makes for good mean-reverting trades.

CHF/JPY

keep a tick counter and change your loops to while ( ticknumber == currenttick) making sure that ticknumber is a "global" variable (not an actual MT4 global variable, just a variable that is scoped to the whole script) and currenttick = ticknumber, ...

Memory Issues with MT4

What build number are you using? The latest ( 216 ) is a memory hog compared to previous ones. ( would love to hear about your FIX algos.. )

Memory Issues with MT4

de nada

broker that have ftse100 data feed ?