OK thanks for the link Blueruby. I got the data and followed your instructions, I seem to be able to go far back now. I notice when I went way back on 1 min chart though the candles looked really messed up. Strange. Anyway any clue why alpari gives ...

VHands Trading Simulator

It doesn't matter if you are risking more than your reward on each trade if you have a high enough win rate. Especially with one as high as >90%. The odds of 2 consecutive losses with a >90% win rate are very low, and 3 in a row should almost ever ...

The Holy Grail - Found

This is a very novel concept for a strategy. If you think about it, we are doing the same thing all the victims of stop hunts are doing. We are placing buy stop orders, say above resistance, just like they are. The only difference lies in our quick ...

The Holy Grail - Found

Love the simulator, but seems the data doesn't go very far back. I cant seem to go further than a few months. There has been mention of downloading data, anybody have a clue about this? Also, I use Metatrader through North Finance, and the folders I ...

VHands Trading Simulator

I also recommend reading Darkstar's thread on this, it's extremely informative.

trading with 10 millions VS 1 million ??

I suggest going for an ECN, such as MB Trading or if you have the cash Dukascopy. You'll find the spreads to be very good, though Oanda also has decent spreads.

FXCM or Oanda?

Big thanks for sharing John! Could somebody please clarify the term "stop order" for me though? Is it the exact same meaning as "limit order"? So you place a limit order right above the S/R, with a 20 pip take profit, correct? Thanks again for ...

The Holy Grail - Found

Wow this is a great tool. Thanks for this easy to understand explanation! I look forward to doing insane amounts of retrading on this thing.

VHands Trading Simulator

Great thread, wonderful hearing from others that use no indicators. I myself just use fibs and trendlines, and sometimes stochastics to spot divergence or hidden divergence. I just discovered this thread, so I'll be hoping to contribute any way I ...

The Holy Grail - Found

Which is exactly why you want the precise levels. If you are setting your stops some space after the fib level in question, it is beneficial to know what the correct level is. I am not saying I expect price to stop perfectly on it every time. ...

76.4% VS 78.6% Fibonacci Levels...Which is it?

It DOES matter. Maybe not if your scalping 1 min charts, but if you are on bigger timeframes the difference can be many pips. Knowing the precise levels is very useful if your system calls for tight stops. Moreover, my entries are often directly on ...

76.4% VS 78.6% Fibonacci Levels...Which is it?

For now I suppose I will just plot both lines. Kind of a drag having to manually enter values on a fib calculator but I guess there's no choice.

76.4% VS 78.6% Fibonacci Levels...Which is it?

I just downloaded the updated indicators and noticed something about the MACD settings. It is set to 12,20,9 in the Imran template, but I notice in an earlier chart by FXDiva the settings are 12,26,9. Any idea which is the better one to use?

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

The Skype room is finished. There is another room made by a member here...check back a couple pages to find it

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Check out the Calendar on this site. The red releases are the major ones.

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Yikes I should have sat on the sidelines too I guess...gbp/jpy continued down and stopped me out. Waited for red lag to go fairly high before I entered on 5 min to be safe even. Guess it had some downside left in it after all.

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Hi Imran, thanks so much for the system and glad to hear from you. Skype is a horrible, horrible thing. I have been in another trading room that used Skype and the exact same problems were there. Moreover, it can sometimes interfere with other ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Blondy I see the red lag didn't really meet the requirements on those trades. Is the red lag being flat at top/bottom for awhile not needed for 15 min TF?

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait