The trailing stop in Metatrader is very simple. Let's say you went long in the EUR/USD at 1.2500 with a stop at 1.2450. You apply a trailing stop of 20 pips. What happens? As long as the EUR/USD is below 1.2520 your original stop remains at 1.2450. ...

Metatrader vs. Saxobank Trailing stop

10% are possible but not easy to reach in average(!). Feel lucky if you end up positive in the long run. That would be the first goal.

How much is a realistic monthly goal ?

I don't use any risk/reward ratio. This has never worked for me for years. Too often the price turned there where my stop was. I trade now without stops and with low leverage + multiple entries with a fundamental bias. Of course that doesn't mean ...

using poor Risk:Reward

My trades yesterday, one 25 pips, three break even. image Regards - Xaron

5Min Intraday System

Actually not. No new higher highs... So the uptrend did run out of steam. But I took it anyway and got out at BE...

5Min Intraday System

Check out this correlations table: url White means almost no correlation. But as you can see this changes over time...

Which Currency pair that does not affect another one?

My trades yesterday, two break even. Nothing worth to mention but yesterday was a bit scary due to the rate decisions. image Regards - Xaron

5Min Intraday System

It's simple. Market participants might think that this is the final cut - the bottom. So that would be good for the pound as this means that the rate cut circle is over...

Cable Update (GBPUSD)

I've joined a mentorship some time ago. It's Dirk du Toit. He's a great trader and mentor as well. It's hard to find someone who actually can do both. Most mentors seem to be bad traders. If you're interested, have a look at his page: url or ...

Mentoring

Thanks! Yesterday was easy, today was somewhat difficult - so time for multiple entries. Has worked fine: image Regards - Xaron

5Min Intraday System

My trades today... I missed the final run, but that's ok... #1: EUR/USD Entry: Long @1.26113 Close: 1.26346 Remarks: Spread: 3.0 Max minus: -24.0pips Max plus: Result: +23.3 pips #2: EUR/USD Entry: Long @1.26321 Close: 1.26632 Remarks: Spread: 1.8 ...

5Min Intraday System

Yes, only careness. During these volatile days stops are taken out like nothing. Using low leverage I don't care about any +/- 50 pips... BTW: I do use stops but only to secure my entries. So I use break even stops...

5Min Intraday System

Hi guys, I'm back and will do post some trades again. Due to the heavy volatility I've changed something for me: 1. Very low leverage - for me this is 1:1 for every entry 2. Multiple entries to do cost averaging if necessary 3. No hard stops - ...

5Min Intraday System

Hi all, a small update from me. I still use this EA. I use slightly different settings now, so MaxTrades=8 and a stop loss where the 9th entry would kick in. The sl got hit two times now but I feel more comfortable with it but will check the ...

Martingale Baggio Method

If you want to know something about the dollar strength read this: url It's a good explanation for this violent (anti-fundamentals bullish USD) move.

EURUSD

400:1 because it uses less margin. Don't mix up leverage offered by the broker (which is not leverage but margin requirements) and the leverage you really use. Personally I don't use more than 5:1...

how to choose leverage ?

Wrong, of course they do allow it.

Is Oanda the best for execution and spreads?

Are you kidding? 20-60% daily?

I have had enough :

Seems that we have the same way of trading.

Buy/Sell Stop MM Strategy?

I know that Saxo bank and ABN Amro (MarketIndex) have account insurances up to 20k Euro.

How safe is our money at the brokers?