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- ChesterB replied Apr 30, 2013
spread was fluctuating between 5 and 7! pips early at around 6 pm est on USD/JPY. What a shame because i really liked Oanda's interface.
- ChesterB replied Apr 23, 2013
Another +5 on USD/JPY ... even with bad spread for scalping. Not a good trade IMO -- way too aggressive on longer term chart... Must overcome my IMPATIENCE...biggest weakness as a trader. But thanks Favorite
- ChesterB replied Apr 23, 2013
yup. Even *I* know that. lol... It's hard enough to make profits scalping with the 1.2 pip spread... 1.6 or 2 is just asking to fail IMO... Am I wrong?
- ChesterB replied Apr 23, 2013
Thanks CVDS and Pablo! Totally agree!
- ChesterB replied Apr 22, 2013
Nice thread. Thanks you guys for getting me inspired and back into trading after a hiatus... First trade, grabbed 6 pips on the USD/JPY... image I'm REALLY bummed that spreads have widened on Oanda -- used to be 1.2 EUR/USD and .9 on USD/JPY, now ...
- ChesterB replied Apr 22, 2013
they wont let me, i'm resident of USA....
- ChesterB replied Apr 22, 2013
What the heck? Getting back into trading after a hiatus... Oanda used to be like 1.2 on EUR/USD and 0.9 on USD/JPY... now its fluctuating , averaging about 1.6... this blows!
- ChesterB commented Jul 22, 2012
go check out infowars
- ChesterB replied Jul 21, 2012
Undercapitalization and lack of funds are a non-issue IMO. Just keep your risk per trade small (1 to 2%). that's it. BOOM!
- ChesterB replied Jul 21, 2012
scalping — If you like price action scalping, try putting a 100 period Kalman on the 1M. It serves as a nice filter - no pun intended. Look for longs when price is above the line AND line is sloping up. Look for shorts when price is below the ...
- ChesterB replied Jul 20, 2012
edges — I can think of at least 8 edges (trend is only one of them) that you can find everyday in TA/PA. I took 18 scalps today and ended up 20 pips positive. Don't let anyone tell you that you can't find an edge in forex. There's many ways to ...
- ChesterB replied Jun 19, 2012
5 second rainbow still a good tool? — Not sure. But this Asian session price action seems problematic to trade. Maybe this is exception not the rule, but what would you do here?
- ChesterB replied Dec 30, 2011
Cycle Trading — Hello John and all. I recently stumbled into this thread, cycles, and Ehlers... I initially started trading years ago, stopped, and just started again in the last several months. My recent results, although overall profitable, ...
- ChesterB replied Jan 24, 2008
yeah !!!
- ChesterB replied Jan 22, 2008
yeah BB are one of my favorite indicators... I can try finding the time do some more postings...
- ChesterB replied Jan 22, 2008
Why are you promoting your own product and pretending its not yours?
- ChesterB replied Jan 22, 2008
Common man, if you're gonna promote your own e-book, at least be upfront that this is your own product.
- ChesterB replied Jan 22, 2008
You can on your discretion...You will get more trades this way. However if you wait for a proper signal, it stands to reason that this is a higher probability trade because the short term price action was out of synch with the other EMAs and should ...
- ChesterB replied Jan 22, 2008
dont trade during the news! In general , if you see lots of spiky , choppy action, its a perfect time to do some range-bound trading on the Bands.... Buy at the bottom sell at the top... Enter on a touch of the band only in direction of trend.
- Good Bollinger Band setting
Check out 11 and 1.8 on the hour chart. Works nicely to show you what price action is doing - ...