If you are into system development, I have found that TradeStation is by far the best tool available. In comparison to MT4, there is absolutely no comparison. I used MT4 for my system development for six months before a friend opened my eyes to TS. ...

anyone here use owndata?

You seem to be having fun as well. Having fun and trading don't go well together 90% of the time. I don't think this is one of the exceptions. If you seriously want to be a trader and not a gambler, I would suggest reading this article: ...

I haven't got a clue!

I wouldn't sprint too early or you might find yourself walking after the first mile of the race watching all your competitors run right past you.

Dion's Pyramid

Absolutely. The problem most traders have with stops and such is they only take into account the bid price. You buy at the ask and sell at the bid. Lets say the ask is 1.9603 and the bid is 1.9600 on cable and you enter a long position at the price ...

Would stop loss be hit just because of widened spreads?

Almost all the EW stuff Ive seen costs a pretty price. You know why? Because hindsight trading is the best thing to teach. It makes the teacher look awesome, and makes the student always want to keep learning (and spending) more. I agree with Phil.

Should I attempt Elliot Wave?

True story!

how to catch the whole move

I'll have to look those words up in the almanac. Whoops I mean dictionary. Good trading to everybody and have a happy new year!

Cable Update (GBPUSD)

I still don't see how learning from a loss has to do with "cause ya gotta have it to give it!". Were you speaking on what you learned from your loss?

Cable Update (GBPUSD)

Maybe my charts are different than yours, but I don't see a lack of volume. I think the Euro Session was closed today, which would account for the lack of volume prior to the NY open.

Volume

Ive been known to argue on here from time to time, so I'll try to keep myself under control. In this situation, I just don't see how "you have to have it to give it" relates to "walking away with more information". To me, its just arrogance, but ...

Cable Update (GBPUSD)

Only you could take a loss and still talk about how good you are all within a 5 minute span.

Cable Update (GBPUSD)

It's nice to give back to the community isn't it?

Cable Update (GBPUSD)

Here is one books take on TA: "Technical analysts study the action of the market itself rather than the goods in which the market deals. The technical analyst believes that "the market is always correct." In other words, rather than trying to ...

Fundamentals keep screwing my purely Technical strategy

I guess the books Ive read are wrong. The whole basis of a purely technical analysis revolves around past price and trading action. Are you suggesting that chartists do not use the past?

Fundamentals keep screwing my purely Technical strategy

There are thousands of very profitable traders that would disagree.

how to catch the whole move

People are constantly moving back and forth between variable and fixed spread broker not knowing which one is really better in the end. To me it totally depends on your trading style. If you trade news a few times a days, chances are you'd be better ...

OANDA Discussion

If you can catch the "entire" move then you just took a guess to get there. You need evidence of probable events in forex. For example, if you are trading a breakout, you first need the price to move in one direction for a given amount before you ...

how to catch the whole move

I agree, if you want to store past charts for whatever reason, just take a screenshot and save it as a digital copy. Same thing really, and for most people easier to find.

Do any of you guys print out charts?

I thought so too, but I guess not. You see, he was one of these people who were fired because of this "scam". I'm assuming the purpose of this thread is to see if others think that he wasn't doing anything wrong by participating. Maybe?

Your Ethics

When Im not trading Im playing golf, basketball, and tennis. I also like to watch sports on TV as well. That is the extent of my research.

What research do you do when not trading?