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I think Oanda FXTrade is unreliable

Yes! Call me a fanboy!

I think Oanda FXTrade is unreliable

May 8 (Bloomberg) -- European leaders agreed to set up an emergency fund to halt the spread of Greeces fiscal woes, seeking to prevent a sovereign debt crisis from shattering confidence in the 11-year-old euro. Jolted into action by the sliding ...

Xaron's $1,000 to anywhere trading horror show

So that's how it looks like after week #1: image Leverage already at its boundaries but after this huge drop I just use those levels to get in cheaper. Next week will be crucial especially for the Euro. I think it will go up huge, if not I will ...

Xaron's $1,000 to anywhere trading horror show

Went long at 1.4145. Will add more at 1.40.

EUR/CHF

IMHO Oanda is more reliable than most of the MT4 bucket shops out there. I even prefer their simple platform instead of Metatrader. I don't need fancy indicators but I like features like the display of exposure, the ability to see the average price ...

I think Oanda FXTrade is unreliable

Well, here we go: url

Xaron's $1,000 to anywhere trading horror show

This is all just psychological. You must buy when there is blood on the streets - even if it's your own...

Nanningbob 4H trading system

The Euro will rocket soon (let's say in 1-2 months). ECB will hike before the FED and all this huh and hoh about Greece and the other PIGS just hide the fact that the US and UK aren't in any better shape. Well time will tell but I guess the current ...

Nanningbob 4H trading system

Due to a problem with MyFxBook and as I like a "clean" history I'll move on to an AUD sub account (at Oanda). As I just started this isn't a problem and gives me the possibility to show the correct balance graph via MyFxBook.

Xaron's $1,000 to anywhere trading horror show

Thanks for your remarks, I really apreciate it! But you might note that these 190 pips in the Euro lead to an incredible floating drawdown of 1.9 percent due to the fact that I used 1,000 units.

Xaron's $1,000 to anywhere trading horror show

Ah ok, thanks for that!

Nanningbob 4H trading system

Oh and another question. As your spacing might be variable, do you use the same position size for all pairs or smaller sizes for more volatile pairs?

Nanningbob 4H trading system

Please let me add another question: You mentioned a spacing of 200 pips for the different entry levels. I imagine that you use different spacing for different pairs? I mean 200 pips for the EUR/GBP might a bit too much where 200 pips for the GBP/NZD ...

Nanningbob 4H trading system

Thanks nanningbob. I do understand. Actually your trading approach is one of the most logical and best here at FF. It's just easy and simple. It will always work. I don't know why anyone would give this pearl a negative rating. Must be from some 5% ...

Nanningbob 4H trading system

nanningbob, you write that you use 0.05 lots for a $1,000 account. To me this sounds way too much. That would be 5% for a 100 pips move (5000 units)! Or do you mean 0.005 lots which would be 500 units? That sounds more logical...

Nanningbob 4H trading system

Thanks! Regarding the Euro: Call me mad but I think we will see an ECB rate hike this year (yes 2010).

Xaron's $1,000 to anywhere trading horror show

nanningbob, I really like your new version with the lines. You come closer and closer to my BWILC style. Well anyway a question: You use different volatile pairs. I guess you don't use this 200 pips spacing for the EUR/GBP as well as for the ...

Nanningbob 4H trading system

Right, finally I got it. The main goal is just to exploit the short term randomness and price fluctuations and collect those 10 pips ever and ever again. That reminds me on grid trading where you just set a tp of 10 pips and place several pending ...

Nanningbob 4H trading system