2 years! Incredible. Congratulations to you my friend, I think it takes a lot of discipline to take the road you took. I demoed for a while to be sure but not as long as two years. Honestly the longer you demo, the more you will learn about how to ...

Your Blow Out - Why?

Exactamundo Umairs. It's a common mistake I think and it's a silly one as well. I came to forex from stocks and I think what really attracted me right away was the trading hours and the incredibly liquidity. I found it irresistible and so I jumped ...

Your Blow Out - Why?

FXDD gets slagged all over the place. From what I can tell they are a shiny bucket shop that spends a great deal of cash on advertising everywhere. People new to forex get sucked in by a great sales pitch (Mostly half truths in my opinion) and a ...

I'm done with FXDD

I was on my way to blowing out my account a long while ago. I simply jumped in too fast and tried to apply a simple scalping system to my trades without taking into account what my psychology would do to me. I also had no concept of money ...

Your Blow Out - Why?

Hey garyhope, I was interested n what you said on your message because of how I started trading fx. I came to fx from stock markets and was drawn in by the incredible liquidity. I still love the liquidity but not for the same reasons. Playing with a ...

Oanda 10 pip spread on nov 2, 2:30-3pm EST for EUR/USD?

Remember that Oanda is a market maker and so if you're a small fish, you can trade pretty much exclusively within their own pool of liquidity. As for the potential profitability trading on the weekends preceding a disaster, Xaron is correct. Spreads ...

OandA 20 pip spread on GBP/JPY

when you enter weekend trading hours, spreads increase to 10-30 pips...but nothing happens normally in those hours so it shouldn't be a problem. Cheers

OandA 20 pip spread on GBP/JPY

I look to this system with interest billbss. Thank you for posting and I do hope that the illness in your family is not overtly serious. Cheers

TD Trendline System

Woke up to a great set up this morning resulting in 9.2 pips profit. Would have been 10 pips but I couldn't keep up with the volatility at the moment. Cheers

5Min Intraday System

I know most of you are way beyond this point but I'm about to ask a beginner question about this strategy to make sure I'm understanding it. In the chart below, do I have the ideal entry points marked properly? I got in the first one but was ...

5Min Intraday System

AH! So London time is indeed different than what I was thinking. Ok, thank you billbss. Cheers

High & Low 8 Hours (GBP/JPY)

Erm yes, thanks for that Bill. What's confusing me is London time (which I believe is GMT) and British Summer Time. I am currently of the understanding that BST isn't in play here and GMT is just that...GMT or London time...right? The reason I am ...

High & Low 8 Hours (GBP/JPY)

Ok, now I'M confused. billbss, Is the current time frame 17:00-01:00 GMT or 18:00-02:00 GMT? Cheers

High & Low 8 Hours (GBP/JPY)

Remember henyloc that GMT does not change with daylight savings time. It stays at one time year round. Least this is how I understand it. Clocks around the world change in relation to GMT when seasons change but GMT remains the same. When we ...

High & Low 8 Hours (GBP/JPY)

I can't post a screen shot (having technical difficulties) but the 19:00 GMT bar does show a low of 228.32 on the one hour chart so I'm guessing that you are indeed one hour out. Cheers

High & Low 8 Hours (GBP/JPY)

Using oanda — Using Oanda, my high lows are showing as follows. Does this seem about right? HI 229.13 LO 228.21 From what I understand, you have it down pat. Some one can correct me if I'm wrong. Cheers

High & Low 8 Hours (GBP/JPY)