Yup — That's the way I understand it.

Winners And Losers Trading System

Good synopsis. One thing, though. In the original post, I don't think "equal to 'D'" means equal to the 79 pips. I think that stop is up to the trader's discretion, and, following your example, 30 pips would be reasonable. So, since the price moved ...

Winners And Losers Trading System

indicator — detach to indicators folder. Once it indicates, you should detach it, or it will keep alerting and fill your log file. It will play sound only once per bar.

Great GBP/USD Strategy for Swing Trades

Indicator — Here's a quick and dirty indicator. It only checks for 4 EMA (4 hr. close) above/below 50 EMA (4 hr. close) and Stoch daily 13,5,5 above/below signal line. If both are above or both are below it gives an alert. Doesn't matter what ...

Great GBP/USD Strategy for Swing Trades

Sure — I can program it and will test in a demo account.

Looking for someone who can make an EA

Posts 229/230 and 383. Take your pick, mine seems to give false signals at times, but it's just a quick and dirty helper, indications should always be verified anyway.

bringin sexy back - stochastics

Chess — Good point! Very well said! A machine can pick the best move in chess because there are always a finite number present moves and possible future moves, the machine can forward calculate all possibilies from now until every possible ...

Do YOU think EA's work (POLL)

Close but no cigar — It certainly looks promising, but you can't really say "it works" until you've made money consistently, or at least forward tested. In the first post, "works" was defined as, 'you can turn it on, leave for the day, and ...

Do YOU think EA's work (POLL)

Backtest or live? — Is this a backtest, or live account?

Do YOU think EA's work (POLL)

Tax rates — I believe 15% is only for long term capital gains (> 6 months?), don't quote me on it. I'm not going to take the time to check on it. If you trade shorter term, the gains are taxed as regular income.

I'm making money now what?

Read it again — You guys are saying the exact same thing.

My Journey to a $1,000,000

Thinking — Brilliant observation. Very astute.

My Journey to a $1,000,000

Normal stop order MUST be set first! — The answer is YES, you do have a stop (at least, if you use interbank, this is true. I'd assume other MT platforms are the same, to be on the safe side), but only because the order went in your direction ...

Is Trailing stop set on the Server or on Client terminal?

Go for it!!!!! — I'm fairly new at this myself, but I strongly agree. When making money is my goal, I lose. I have to make the goals: CONSISTENCY MONEY MANAGEMENT If I would just do that, I'd be getting there a lot faster, the money would ...

My Journey to a $1,000,000

Googled — This looks pretty good: url more url this one sounds like they're not pushing the envelope too much on the rules: url Let us know what you find out.

I'm making money now what?

asset protection — I thought I'd saved info on the outfit that made the presentations on charitable foundations, but can't seem to locate it right now. I'm sure it was administered on a federal level. Also, these guys seem good with Nevada ...

I'm making money now what?

thought about it — I've thought, at several times during my learning phase, that I could do exactly what I most thought I should in my demo account, and do the opposite in my real account. But I was pretty sure that would hijack my learning ...

'Try to Lose Money' Experiment

MACD — I'm with you, I don't like the one line deal. If you're on IB or any metatrader platform, put the attached into your indicators folder and you'll have the right MACD. On IB's one liner, the histogram is the other line, so you'd see when ...

indicator question

Calm down. — Go to Investopedia.com and look up RSI, Stochastics, MACD, or any other indicator, you can see exactly how they are calculated in most cases. If you take a closer look, you'll see times when price is going up, but MACD and / or ...

Call me stupid - Indicator discovery

Charitable Foundation — Once I get to where I'm making money, I will probably set up a Family Charitable Foundation. I attended a couple webinars on this, so I guess that makes me an expert.... Anyway, it works like this. 1. Set up the ...

I'm making money now what?