Sorry but this data is a waste of time. The number of pips won or lost is not important. You would be better of displaying this data as units. A win = +1, a double win +2, a loss -1. Each single win or loss is the same value so this would show the ...

GbpUsd 5 min breakout

ftw is a new one for me. Whats that mean? max

GbpUsd 5 min breakout

Are you trading on a live account? How much are you actually trading? For stop hunting to exist with a proper broker they have to be looking at your particular account and using your stop loss and take profit to control everyone elses. If this is ...

GbpUsd 5 min breakout

I also llove these kind of breakout systems and have been trading one myself. You'd be better of displaying your profit in percentages rather than pips. Making 3% on each trade with compounding will make you some pretty healthy returns. Do you only ...

GbpUsd 5 min breakout

so long as you make more money than you lose, you are doing well. Trading will improve with practice. max

From the 700pips, I only managed to get 150.

Its not just the dealing desk with alpari that makes the difference. There are several pips difference between highs or lows between demo and real and that can be costly. That said if you can trade demo and win, you can trade live and win. You just ...

Difference between demo and real trading

starting! max

What was your biggest Forex mistake ?

Actually, having spoken to Alpari they describe their demo account as a guide and their real account is different. I noticed this even running an ea on a real and demo account. This is not the same on every broker though. My GO account is exactly ...

Difference between demo and real trading

Do what the money does and you'll make money. Sheep are cool Max

Cable Update (GBPUSD)

I'm with Blacksun and if you look at metatrader the final digit is called a fractional pip. 10 old pips is 100 new pips if you like but if anyone is refering to 10 pips - its old pips. Good luck max

10 pips on these numbers?

any ideas what caused the big move? max

Strange day on cable

I am also curious about the number of MAs here. Is it a case that each time you hit an MA you place an order? If so then if the market goes against you, you can place four trades that will all fail? Or maybe its a low timeframe thing? max

kharvell's new experiment =|

Surely you'd have to take half the take profit at 20 pips not 10 pips. That extra 10 pips in this case is a long way on eu. max

kharvell's new experiment =|

Yeh, fair enough, I'm a GU man so the spread is a little higher but so is the volatility. Also, I still am not successful at the 5 min trades but I feel that that is where the money is if you can get it right. I have longer term systems which are ...

kharvell's new experiment =|

Good luck mate, looking forward to following your progress on this one. My big worry on it would be the trailing stop. 10 pips is awful close. max

kharvell's new experiment =|

Which country has no tax on fx gains. And more importantly, how much have you made for it to be worth moving country for? max

FX Taxes

quit and get a proper job. max

What is that one forex secret you are holding back from the public???

Thats what had me confused. I've been using it for a couple of months with no worries and then I am convinced it changed. I've just simulated it and yes the previous bar was blue and the current bar was blue then, when the market changed, both bars ...

The Slope Direction Indicator - Does it repaint?

For me, my system is based on uk open so I guess the decision was easy. Last year I would have been marginally more profitable not changing the hours but when I think of the logic behind what I do, changing the hours to suit UK opening is the only ...

DST: Impact on trading systems when the clocks change?