SharePosts by James_Bond
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[quote]beren posted:
The official MetaQuotes comments from Renat seems to be this (translated from Russian):
[quote]Not everyone has noticed how changed our approach. From the creation of a free infrastructure for the other, where a bunch of third-party companies receiving of benefits from ecosystems created by us, we moved on to note just in their own hands. Our services are developed and launched new ones, so wait for news.[/quote]
While third-party companies have received benefits from MetaQuotes, MetaQuotes is also receiving benefits from third-party developers. The more tools li......
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@Gorkhaan Great post! [smiley]
You can sum it up with the following phrase: plan your trade and trade your plan.
I agree the most of the "hard work" in trading is being able to stick to your trading plan and make sure it is executed up to the pip. Once you remove the psychological aspect, it becomes very trivial.
You're definitely on the right path so well done!
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That's a question that bothered me for a long time. I was using the body at first after which I've discovered I was losing many opportunities - using the body for trend-lines approach is more error prone simply because of the timezone difference from broker to broker; so creating a chart with one broker's feed may look completely different with a another broker's feed.
I've tried using the wick and discovered it is much more accurate as there are not many changes from broker to broker in terms of high/low values. To eliminate the minor discrepancy that still exist, I just use the area next ......
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[quote]Chikot posted:
James, have not you tired of G/U? This bastard has led me up and down few times by now. Frankly this time it looks like down. Definitely down especially with other correlations. I closed my long at loss but decided to better go with gbp/aud. looks better than g/u. although again, aud/usd looks bad. [/quote]
I simply cannot leave it be - I'm trying to find tradable patterns. It is definitely much more wild than EURUSD.
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Here's another GBPUSD setup:
http://www.myfxbook.com/files/James_Bond/charts/GBPUSD_H4_E6lZvDZKkE.png
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[quote]James_Bond posted:
Waiting to enter long
http://www.myfxbook.com/files/James_Bond/charts/USDJPY_H4_kRqXDd0WaL.png[/quote]
Chart is playing out nicely although not there yet.
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There is no silver bullet or guarantees in trading, so stop looking/asking, In New Traders Nov 05 2012 at 15:13
[quote]Jeff5796 posted:
How we can be sure everytime we can get 1:2 ratio of risk and reward or better? Sometimes when the signal is out, the trend is already half way.[/quote]
It's hard to assess it during the trade as trade setups often change stop loss and take profit targets, unless it's a trade with predetermined targets - in such case just check the ratio between the take profit and stop loss.
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[quote]ForexScam posted:
republican == good for USD
democratic == Bad for USD
[/quote]
Care you explain your point of view? I actually think the other way around. Is that because of the budgeting plans of both parties? (I'm not up to date with those [smiley])
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[quote]Jaypipin posted:
1- have a fool proof strategy that you bought or borrowed or created then test it till the cows come home, then demo it till your blue in the face. Start a myalpari account, you can then create a demo through that portal and the demo runs till infinity, well until left alone for more than a month. Most brokers only offer 1 month, which is understandable.
2- have a spreadsheet with money management practises. maybe sticking to under 1% for a few years is a good idea
3- know what your game is, are you a scalper (let me add there are short term methods which i use whic......
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I think a broker is only good until it proves otherwise. It takes only one bad experience to go look for a different broker.
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