Hi all. — Cost = breakeven. Was this a sin? We all "know" that news trading is folly, but would you advise against the trade I just took? Knowing the NFP was about to be released I saw the resistance lines and round number we can all see. So I ...

4 Hour Strategy (MACD)

Seriously 10% a day is not possible. 1.1 raised to the power of 200 trading days = 1,899,052% return If you believe that its possible to make 1.8M percent return per year you must be smoking crack. Don't say it is possible, because who would you ...

10% Profit Possible?

Stop talking out of your arse!

10% Profit Possible?

Yen anticipation. — Hello everyone, Nice to see everybody profiting on the Euro trade. I missed the one but managed to bag 57 pips on the Yen last night. As with everything at the moment it seems to be ranging somewhat. I really like the ...

4 Hour Strategy (MACD)

I think QQE stands for Qualitative,quantitative estimate. PSAR is Parabolic stop and reverse. QQE is often used as a trade signal? Whereas PSAR is commonly used in trailing stop methods. Both are available in MT4, dont know Accucharts though. ...

indicator questions

My bad, Its OSMA.

The Holy Grail - Found

Why Italy and France?

EURUSD

Hi John, Would you mind attaching that MACD you've got. I like the look of red below 0 and green above 0. Thanks, Ed.

The Holy Grail - Found

This is (not) a joke. — Well I know how you guys love to keep it simple here. Which is great btw. So I thought I would show you a chart setup I found over on the MoneyTec forum. As far as I can see this is a serious setup. Enjoy...

james16 Chart Thread

As a native English speaker I will conduct a public service and moderate this debate for you; Unfortunately AmeriTrini it is you who is in the wrong regarding the nature of candlestick formations. If I sound like a pompous git then good, I'm trying ...

What Is the Best Indicator?

You say here that banks "widen their spread" Is it not the case that a lack of orders widens the spread, how can a bank choose to widen the spread, when it deals only with other similar sized entities? What I'm saying is the market as a whole ...

Why floating spread is better then fixed

Well Ive jumped the gun and gone in, hoping to profit from the profit takers. I think the risk is acceptable if we can get to break even soon.

4 Hour Strategy (MACD)

Also I think a reasonable sell signal may be in the offing on the pound.

4 Hour Strategy (MACD)

Hi all, The Euro appears to be finding support at yesterdays breakout level. The current 4hr candle is forming a spinning top also. I believe we could be in line for a morning star type thingy to signal an upthrust soon. Whats the general consensus? ...

4 Hour Strategy (MACD)

For what its worth here is a euro trade I have taken. 1.The blue line of the previous high is broken. 2. We are above 21EMA which suggests an uptrend (although the market is rangy) 3. The stop is placed below the entry candle. 4. Target is at 1.4800 ...

Is this a good risk management place for a 5k FX account?

Was just cruising past this, you should Google "risk of ruin". Risking 5% is likely to blow out the account. Of course this is contingent upon risk:reward ratio and percentage of successful trades. Most of the experienced traders on the forum (i.e ...

Is this a good risk management place for a 5k FX account?

Hi hilmy83, Do you employ this kind of method in your fund? Just curious. Regards, Ed.

Is Martingale really dangerous?

I think he means EUR/USD - EUR/USD = 0. So why bother.

How do you use IBFX's hedging?

It depends on the timezone of the broker. Some MT4 platforms (such as Alpari) do not include a sunday candle, whereas others do.

2hr Sunday Bar on Daily chart!

EURGBP?...? — Hi all, As we know the Euro and the Pound have been diverging in price for a while now, causing the EURGBP to tear upwards. However the pound today has made a very solid recovery today from a decent base of support. If we look at ...

4 Hour Strategy (MACD)