There will always be something to trade — Don't worry about a single global currency....if there is no more fx pairs then we trade commodoties such as oil.....if oil runs out then we trade wheat....if the wheat crop gets destroyed by crazy ...

robot traders

I think Capitalforexpro are a more transparent broker for the Currenex platform than ODL. I have met with the guy who runs the institutional side of the business and he is very open about who are all their counterparties and the order flow process. ...

250 pips slippage on Currenex - ODL Securities

The official charting packages that have TD indicators are CQG, Bloomberg and Thomson.

Charting packages that have TD sequential

Not sure about specific programs but courses that are held in high regard are areas like Computational Finance, Physics, Mathematics and some schools now offer degrees in Capital Markets. The Chartered Financial Analyst program is also held in high ...

Trading Schools

Attached are 2 charts for the USD/CAD. One is based on the Average True Range of the previous 14 days multiplied by 2 and the other is multiplied by 3. The red line is the 200SMA. I am not suggesting that you divert course from what you have been ...

Steviet's Live Trades!

Alot of charting packages allow you to overlay ATR on price. If I can work out how to save a screen shot I will post a couple of examples. Monaco

Steviet's Live Trades!

Welcome to the world of trading. Most people seem to like Oanda when going live as they allow you to trade with very small positions which is a good place to begin in order to protect your capital. As far as economic reports go a simple way would be ...

Need some help

The ATR becomes a trailing stop. When trading with the daily charts the stop losses are large but orders can be sized to accomodate the 2% rule or whatever is the preferred measurement for risk. The advantages of the ATR stop is that it reduces the ...

Steviet's Live Trades!

Steve, I am still enjoying reading your thread and the process your are going through. I definitely would agree with your observation that 'less is more' when it comes to analysis. In contemplating how you may enhance your system in the future here ...

Steviet's Live Trades!

I think you will get alot of different answers that reflect an individual's risk tolerance. Generally speaking the higher the drawdown the higher the potential upside. I don't think it is a case of one system being better than the other. The longer ...

Drawdown % vs. Profit

Just a casual browse through books like Market Wizards or a more recent one called Inside the House of Money you will see numerous traders and institutions who have made fortunes over time using technical analysis. Banks and hedge funds use ...

Honest answers please! Are you successful trading on Forex or not?

Are you suggesting that there are no profitable traders anywhere (either individual or institutional) that use technical analysis?

Honest answers please! Are you successful trading on Forex or not?

The best trading system in the world — This thread is entitled "The best trading system in the world". The best trading system in the world is one that puts capital preservation and risk management at the top of its agenda. The best trading ...

S/R to get channels

I agree! For every winner there is a loser and I know which one feels better . Traders who are lazy, who jump from system to system, chase signals service providers and lack discipline with money management become food for disciplined consistent ...

Frustrated with Laziness...

People have made far more starting with far less so good luck to you. Sometimes dreams do come true. Monaco

Journey to me pot of GOLD

In all honesty your post reveals that you are far from ready to start trading with real money. My suggestion would be that you concentrate on educating yourself about the FX markets and start to learn what it takes to be a successful FX trader. Many ...

strategy finance

Nice trade on the Kiwi. The Kiwi has been heading south since the beginning of 2007 and none of the economic data has been very positive for the Kiwi thus far. As to your question as to whether it will go down further no one can say with a 100% ...

MY Trades journal

Well if it is working for you then keep doing it. I am not really a day trader. Trading short time frames from my perspective tends to lead to a reliance upon indicators and can lead to over trading. My preference is a simplistic trend following ...

MY Trades journal