There is a parameter called ADR (average daily range). "Missing" a move within that ADR is usually to blame on poor indicators setup, ignorance or lack of good price action - indicators are not needed to see price action. A currency pair will make ...

Trading Made Simple

Screenshot of one TMS account - I posted last month the report on this one. I use only the majors EU, AU, NU, UC, oil and gold for H4 TMS single entry trades. I use tp 80 and SL 55 but bailing out is discretionary. TDI and Heiken Ashi zooming out ...

Trading Made Simple

H4 - or H6, H8, etc. if using other platforms than MT4, have a lot more secure opportunities and you are not missing anything you won't get on H1. Emm uses ME/ME position build-up which requires both skill and the ability to stay in positions ...

Trading Made Simple

Good point you bring up which very few people seem to talk about around here. I am cutting losses fast as well, when I see that my trade isn't taking off within the first 3-4 hours, on a great setup which I decided to enter, along with overall ...

Trading Made Simple

NZDUSD for next week - this looks the best from all commodity majors, having just broken through 2016 highs. I will be looking to go long with targets 100 and 200 pips away. Good luck to all! image Heiken Ashi is going to smooth price action so ...

Trading Made Simple

Philipp, I was in UC, closed in good profit and my AU is still open. You have very good entries but you should be ready to lose 1/3 of all your trades - and that will go higher if you engage in counter trend activity. If you can digest that, then ...

Trading Made Simple

image A training chart shows UJ idling after the massive drop last week. One can see what happened last time when there was big volatility, and the retracement to 100%. There's gonna be retracement this time too, nobody knows how much or how long ...

Trading Made Simple

I don't post too often lately but here's below the June activity on one of my accounts. I mostly break even and some small losses here and there. Since I use a 1,5:1 and 2:1 R:R ratio, it's a game of numbers to be profitable. It's basic TDI + Heiken ...

Trading Made Simple

You should be smart enough to realize if a tool works or not, within the first hours of being at it. If the tool works and you're smart enough to process that, then it's really up to that broken record shit of 'it's 99% psychology' you hear around, ...

If you haven't made it yet, what makes you think you will?

I got a 4 month update on the Limit EA, running exclusively on EURUSD. Bear in mind that it has my discretionary intervention, of stopping it during events that I think have potential to damage the logic of the ea. This account has been running ...

Trapping System: Grid

I'll stop it because I'll set up a mixed model account with different risk profiles. As we will see a drop in volatility over the summer months (except during the UK referendum fiasco), I am confident I can apply this mixed risk model to a single ...

Trapping System: Grid

Here it is. Like I said earlier, don't expect it to emulate my results. It runs only from 17-21 GMT, but when there's red news or I just feel it's going to be volatile NY, I stop it. That's why you should not expect to have same results as me, ...

Trapping System: Grid

Trade only balanced currencies - EUR/USD. Similar sized fundamentals behind both currencies. The CAD is a joke, losing 40% against the dollar within a year. Keeping lowrisk limits is essential. a 1 pip / 1 $ / 10,000 $ ratio will double your account ...

Trapping System: Grid

Your bank was long on EC, as were the sheep who lost money on Jan'15. Troll was suggesting FXCM should have been short. Whoever has any action on pegged pairs, deserve to lose their shirts off anyway. That's karma.

I was fleeced by my broker and I have proof!

That argument is irrelevant. Who (and WHY) in their right mind would have short positions on a pegged pair ? Nobody unless they're suicidal and wanna die a slow death by paper cut swaps. They DO trade against their clients and there's nothing ...

I was fleeced by my broker and I have proof!

That don't mean much if one actually has the interest to look into EDGAR to see how their books are running.With their laughable $60M market cap, they're running on -4000% RAE and -200% operating income QoQ. So it's a no brainer to NOT give money to ...

I was fleeced by my broker and I have proof!

well OP said he used ECN to work with FXCM products or so he thought. This begs the question why would FXCM manipulate shit as they'll make a living from his commissions. If that was the case, then money comes from "the market". There's also ...

I was fleeced by my broker and I have proof!

Leucadia got in at the right time after the CHF tsunami, using ZIRP fresh cash to buy FXCM. They bailed/bought FXCM and now they're pimping it until the wheels fall off. FXCM still has soft skin and pear-shaped tits so that's what's up, they're ...

I was fleeced by my broker and I have proof!

That's very kind of you to reminds us of your "Conflict of interest avoidance"mechanisms. However, they are worth jack shit, pardon my language. They're not in the T&C so they clearly are discretionary. Thumbs up for being honest though. From your ...

XM

XM = Cyprus Market Maker in 100% conflict of interest with clients. Recently fined by ASIC for some interesting claims. url When clients win, XM loses. Clients lose, XM wins. Guess on what side of the equation they want to be? That's right. Happy ...

XM