Im not saying they manually do this, but after having seen it repeated a number of times I must come to the conclusion that their software is somehow programmed to build in an extra hidden "spread" on top of the regular one. I am telling you that I ...

Joe Ross / When Not To Trade FX

I saw this phenomenum yesterday afternoon in a EURUSD trade.

Joe Ross / When Not To Trade FX

Simon, do the following experiment: open a trade at the same time and in the same direction both at Oanda and at any other "duboius" broker with a dealing desk and monitor the trade evolution during the first few minutes. I have done this a number ...

Joe Ross / When Not To Trade FX

Yes.

VWVB Daily Chart Analysis

Exactly. By capping your account, you're giving up on your most powerful tool to make money: compounding. My advice would be to start working on your discipline and MM standards, and let your account grow.

Money Management..keeping the money...

Depends. The shorter time frame you trade, the more aware of the news announcements schedule for the day you gotta be since stoplosses and price targets are tighter. If you trade off 4H or Daily charts, then one specific announcement has less ...

ignoring the news

Call me paranoid or something, but I have noticed this happening over and over with many brokers: you enter a trade and within a minute price dips a fistful of pips against you (on top of the spread), so it's like if you virtually kick off your ...

Joe Ross / When Not To Trade FX

Sorry Matias, I forgot that important detail sorry. It's the GBPUSD 1H chart.

VWVB Daily Chart Analysis

This is why I didnt take the short VWB trade few hours ago (see picture below).

VWVB Daily Chart Analysis

Candle formations are a very subjetive thing, specially because candle formation-trading is not about the formation in itself but rather about where in the chart and under what circunstances they occur. I doubt a mechanical indicator could be of any ...

Candlestick Formation Indicator Meta Trader4

WAY too early. There has been absolutely no market exhaustation/reversal signal at all as per the VWBII document. Remember, patence is KEY!

VWVB Daily Chart Analysis

There is no such a thing as "should" in the markets. This thing could continue going down for days/weeks and you'd lose you shirt trying to pick the bottom. I deeply advice you to change your way of trading.

What do you think, Usd/Cad up?

When the weather is good, here is where I trade from (god bless the WIFI technology).

Show your workstation!

I dont see any specific reason as of why today's run has ocurred. There hasnt been anything particular going on today to have fueled the run. I guess it's the market's way of reminding us of its unpredictability and a little touch of randomness.

Any insight on why the big run-up this morning?

Hello Pablo, You're trying to guess in advance what a currency is going to do in the future. You're playing the oracle game. Basically, you're entering your trades purely based on a merry guess. That's not what trading is about. Sorry to be blunt ...

What do you think, Usd/Cad up?

No, 2 months is not enough, because you might have just gone through the perfect market conditions for your system. You need to expand that demo trial period to make sure that the system trades in a wide range of market scenarios (trending, choppy, ...

Trading Green Light

I asked this very question to Vegas himself when the VWB document was released, and he said that he leaves half of the position run to the oposite fib band simply because, historically, he's made more money doing so than closing it all altogether at ...

Daily Tunnel-Take All or Leave Half

I read tha document too and it's indeed scary what he sais about retain spot forex brokers. I have never dealt with futures to be honest, so would anyone be able to point me out in the right direction to find out more info? what trading/charting ...

Joe Ross / When Not To Trade FX

Hello Rachelle, My advice, as someone who was also a newbie: forget courses, pre-paid black box trading strategies and so-called online mentors. Reseach the net for free material on trendlines, confluence of support/resistance, price channels, ...

"Beginner" really need advice

I was aprehensive to enter that USDCAD trade because the daily reversal "green light" came way to far from the lower extreme fib band. It was almost mid way from the extreme fib and the tunnel.

VWVB Daily Chart Analysis