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davidtatton
Correlations
in
New Traders
Dec 21, 2015 at 07:23
Hi KieranI monitor here every week(Sunday) and use their tools to select around Eur/usd and the GBP I then study the data using the day selection here http://www.myfxbook.com/forex-market/correlationHope this helps I try to use the opposite trades so similar to hedging so far Oanda do not mind me doing thisDaveI trade H1 and 15 min for news breaks
Correlations
in
New Traders
Dec 20, 2015 at 11:16
I use Oanda on MT4 platform. Using EA'S I designed myself. I discovered and researched currency correlations using the excellent service provided by My FXBook and it is proving a safe way of covering a loss on large news breaks. Definitely worth a bit of research as my trading is getting better (been trading a year with many loses)now small regular gains.
Opening a New Real Account: Best Broker to Choose
in
New Traders
Dec 20, 2015 at 08:34
i have used Oanda (Live & Practice Accounts) on their platform and MT4 platform so far no problems, prompt payout when requested. Just using an EA I designed my self gives me small profit every trade, soon builds up and takes my irrational decision making away. Using leverage of 20:1 so can ride out my bad trades until market turns. Platform has gone off line during some major news breaks but so far I have been lucky when back on line. The EA's I designed definitely save the day using spread betting option as is currently tax free in the UK. Hope this helps.I have not tried their...
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