Are you paying attention to news? Only trade BETWEEN NEWS...unless you can afford a 200 pip stop distance...it´s the name of the game.. Look at unemployment news 2 weeks ago...friday...150 pip spike plus spread...it´s wild...No difference with enc ...

OANDA Discussion

Study stop running...and study it hard... Use it to your advantage...if you can... Main frustrating reason of 95% retailers. Don´t trade close to news...only in between... Even dayly stops get run by one news spike... I think it was 2 Fridays ...

Honestly frustrated with trading forex

I´m profitable... but like I said, I´m paying close attention, any obvious cheating and I´m closing my account...MBT is my option for the moment.

OANDA Discussion

Funny cause I trade real $ using the OANDA plattform, but use a de Forex pro MT4 demo for my Indicators and studies ...Both companies are by no means related...never seen a difference of more than a few "pippettes" between the 2...(more than 10 ...

OANDA Discussion

No loss Martingale is an oximoran...It might work for some time, and then you loose it all in one trade... Ever heard of the black swan? You better google that...

No Loss Martingale Strategy

Yes I heard they might do just that...(dedicated feeds) Btw Which is your "other platform"..? Im profitable using OANDA, took me years of hard work...trading 15 minute charts. BUT Im watching every trade sharply, not only to control my system, but ...

OANDA Discussion

Anybody has experienced IC Markets? True ECN? Regulated. There´s good comments on them....still don´t understand the comission ...

OANDA Discussion

CONCLUSION: 1. Mega spikes like the eurchf (and worse) are possible.... 2. Bucket Shops WILL save their own "behinds" first... 3. These mega events can be: sudden, unexpected, and they have the potentiall of wipping out years of profit and hard ...

OANDA Discussion

Agree on all those Steve. But to risk going long, I would rather wait for some "completed retracement"...and having all those stops being wiped out of the way...and the Big Boys fat with their liquidity. There´s some exhaustion on the long side in ...

Support and Resistance Method - Pharley

Totally agree! It educates your eye if you do it manually.. ...whilst the indi tends to spoon feed your trading....might be OK for confirmation though...

Easy Supply and Demand Trading

Maybe this is usefull: Big Banks manipulate price to run retailer stops. They call them "liquidity pools". Remember they have the privilege of seeing all the orders stacked. Check the numbers I marked on the 15 min Aussie chart. ...

Easy Supply and Demand Trading

Thanks for that....I will keep you guys updated, on any irregularities....or otherwise...

OANDA Discussion

So the million dollar question: If your system starts working, say a daytrading srtategy, (no scalping nor longtime position)...and you start making real $. Will OANDA start "fighting" against you.. Read in countless forums, that ...

OANDA Discussion

The biggest risk to this stategy....is the Big Boys with their stop hunting machines. They can read the stop zones, ( so called "liquidity pools"), and send their programmed robots to hit them, that is the liquidity they need, to push the ...

Support and Resistance Method - Pharley

The idea of adding, scaling in, instead of, scaling out, is correct...proven to work positively on your bottom line. Scaling out, which means , once in profit, take out half (or any part), and continue with "money from the markets",is very common, ...

Support and Resistance Method - Pharley

Concious people have total control of their actions and the things they say....unconciusness is just an excuse..... Before you cross the avenue, you just need to have your eyes wide open....life is for the living....walking asleep is dangerous....

Technical Analysis Fallacy