excellent post Fabio

good to hear your opinion on the "big picture"

second that car comment, hahaha :D:p:p:D

Just ignore Abner, he's a grumpy

I think I misunderstood your question - I thought you were referring to limit orders not market orders.

Do you have upper/lower bounds enabled by default? If...

Thanks for the reply pipraider

I agree I have overtraded and I am going to ease back my orders sizes a little. I did have a bit of luck and that 55% could easily have been a lot less.

That's...

I was wondering how everyones trading is going..

How long have you been trading live?
and what is your overall return on investment? (%)

I have been live for 2 months today and have a 55%...

I was also a little confused about the upper and lower bounds at first.

They are not used to place the actual order, they are used to protect you form price slippage when your order level is hit....

Oanda's spreads also vary depending on the time of day.
In Oanda trading platform click Resources > Spread statistics
You can see the history

1. Is there a commodity bubble at the moment?
2. How big is it going to get?
3. When is it going to pop?

to answer my own questions
1. yes
2. $150 oil and $1300 gold tops
3. within the next 6...

Hi,
If you look at this chart comparing the USD/ZAR and the DJIA
There is an obvious inverse/negative correlation..

Can anyone shed some fundamental light on this please?

Hi Dale and co

Just dropping in to say I am still following your thread and would like to offer another thank you to you all for your ongoing contributions here. I continue to learn loads from...

I guess it depends on your broker
Oanda was open while the GBP was falling so there was no 'gap' on my charts
I have never actually seen a gap on Oanda as they never really close...

What...

What is a gap?
Is it formed by price movemements while a broker is 'closed'?
With forex only being 'closed' over weekends, it should only be possible to have gaps after a weekend?

Oz misled us all

He used his "free signals" and "giving back" to hide his true intention to get the free forum's to advertise his signals which he ultimaltely intended selling

The way the pip...

Last Tuesday night I spent 12 hours watching the most important chart pattern of my life

It was moving in a clear rythym and I watched it with unwaivering concentration

but this was not a forex...

ok I am confused...

The very next page of the schools
Margin Call Example | College: The Number One Cause of Death for Forex Traders | Learn Forex Trading
says
( Equity =< Used Margin ) =...

on this page
Margin Defined | College: The Number One Cause of Death for Forex Traders | Learn Forex Trading

last bit:
Margin call: If the equity in the account drops below your usable margin, a...

Hi John

Thanks for your response. I did the maths on leverage below, please tell me if it wrong..

Leverage 20:1
$100 000 account equity/net asset value
buy $500 000 EUR/USD
margin used...

Howzit Dale

I just wanted to drop in and let you know I am still following all your updates with great interest. Thank you for keeping it up, I can see a huge change in your approach from the...

Hi Guys - please can I have some advice..

How should the size of your leverage influence the size of your trades?

People talk about not risking more than 1 or 2% of your account per trade - but...

Sell GBP/CHF @ 1.9905

1st order S/L 2.0105 T/P 1.9755
2nd order S/L 2.0105 T/P None let it ride

This is a repeat of trade 5 and 4 that has already net me 400 pips. The GBP rallied up to hit my...

Trade 6

Sell USD/CHF @ 1.0073

1st order S/L 1.0277 T/P .9923
2nd order S/L 1.0277 T/P None let it ride

Update 1
Both S/L hit for so 400 pips

Hi
I am looking for an index that compares each major currency to the rest of the majors. One index per currency, with the same weighting applied so a valid comparrison can be made.

Similar to...

Trade 5
Repeat of Trade 4 still looking to get a ride on the long term trend

Sell GBP/CHF @ 1.987
1st order S/L 2.007 T/P 1.972
2nd order S/L 2.007 T/P None

Update 1
1st order T/P hit +150...

So this is what I am thinking:

Sum 14 periods (Hi price - Low price) / periods
= average range
If price action in period (open price - current price) exceeds average range by a factor of say 2...

Hi
I am looking for an automated way to be notfied/alerted when there is a spike on the short term - 1min or 5 min charts.
Eg. A pair has been in a 40 pip range for the last few hours and then...