I haven't finished reading Nison's book, but every time I think about candlestick or bar charts I keep wondering if anyone has looked at how good statistically these things are at indicating market directions. I know Nison (and pretty much everyone ...

Japanese Candlestick Charting Techniques - Steve Nison

I hear ya. I have an amazing knack for second guessing myself and turning all trades into losers lately. I'm glad I'm still demo trading because I ran my account down 10% today - but I practiced good money management and didn't lose any more than 2% ...

Let a trade develop?

Any thoughts at all??? I don't know if I can trust the results I'm seeing from Metatrader because of this. Squid

Am I doing something wrong?

Why not demo trade until you have a consistently profitable system? That's what I'm doing and spending a lot of time testing different systems on historical data. Squid

A newbie in search of Support

Stockwet, Could you not use the date/time functions in MQ4 to determine if you're in the last 5 minutes of the timeframe and not execute the trade if that is the case? Squid

Backtesting BGX

Thank you to everyone who was kind enough to reply to my questions. A lot of good info here, and I need to take some time to conisder it carefully. I see alerady that one problem I have is not being consistent in the system I'm using. I jump around ...

Let a trade develop?

I'd rather not say because I've seen some people at work get in trouble for using the company name on blogs and forums in what the company somehow manages to interpret to be in a negative way. Being a bit paranoid here I'll just say we're a ...

currency job question

I do a fair amount of hiring at an engineering firm - so not in finance but I can tell you what I look for when I hire someone right out of college. When I hire someone right out of college I know they're coming in with book knowledge but not much ...

currency job question

Interesting. Thanks, guys! Squid

Why do some brokers not like scalpers?

I can understand the desire for more advanced folks to want to have some conversations without us newbies asking a lot of questions. Really I can. But it seems like this has come up a few times recently. I hope this place stays friendly to newbies. ...

Private Discussions Threads?

Thanks for taking this on Soso! Squid

Welcome to Metatrader forum!

Honor copyrights! — I assume you're talking about free transmission of pdfs (against the copyright). No thanks. I'll pay and honor the copyright and let the author get his/her cut. If someone is willing to share trading information, I don't ...

Trade Your Way to Financial Freedom.........

GBPUSD and USDJPY. Do you think .2 lots is too conservative per trade on a 10K account? Squid

Whew!

I wish! I was practicing money management and actually only made a little under $150 on it. I'm working on a 10K account. So limiting my trades to .2 lots. Sigh. Maybe that's too conservative? But it was still a pile of fun. And I've managed to keep ...

Whew!