- Search Forex Factory
- 15 Results (1 Thread , 14 Replies )
- FrankSteward replied Oct 1, 2010
That is why you have to use the data directly from the broker you are going to trade with.
- FrankSteward replied Sep 30, 2010
I can't get MT4 sort out. I'm stuck in trying to define the EA. I think it is too complicated.
- FrankSteward replied Sep 30, 2010
Downloaded and tried this one. Does not like. It is about everything but nothing in particular. However it is much more practical than MT4 and Omega. As far as I understand we do have 2 more programs now to vote for .
- FrankSteward replied Sep 30, 2010
AS far as I know forex tester is more charting software. It is a kind of forex simulator, rather than technical analysis back test software. Anyway, where do you get data? Do this company provide you with it or you use any third-party data?
- Best Backtesting Software
I realized it is crucial to make backtesting before real and live trading. I did some research on ...
- FrankSteward replied Sep 29, 2010
I believe the question is not related to the trading itself but for the saving the money one has. If you hold all your savings in USd and it is going to devaluate - you loose money. The bundle of currencies is the best choice.
- FrankSteward replied Sep 29, 2010
When you buy (either for opening of a long trade or for closing a short trade) you buy at a higher price called ask. When you sell (either for opening short trade or for closing a long trade) you use the lower price (bid). It is as simple as it.
- FrankSteward replied Sep 29, 2010
From my opinion the Back Testing and Demo is something not similar. Demo allows you feel the reality and understand how everything works. Back testing - allows you test your ideas and see how much you would have gained if you traded there. I suggest ...
- FrankSteward replied Sep 29, 2010
Trailing stop loss and trailing take profits are orders for SL and TP which are updated with the market based on your conditions and desires. If you want your orders becoming risk free, move your SL level to the opening price once market goes your ...
- FrankSteward replied Sep 29, 2010
I use move to open trailing stop under the certain circumstances. I also use move with high price of move with close price when current close price is higher than a moving average of high over the X periods.
- FrankSteward replied Sep 29, 2010
Agree. I vote for EUR/USD and GBP/USD as the pairs to trade. USD/JPY seems to be the most difficult. USD/CHF goes almost the same with EUR/USD.
- FrankSteward replied Sep 29, 2010
It really depends on fundamental factors and news released, especially for US economy. The best time to trade both currencies is a European session.
- FrankSteward replied Sep 28, 2010
When you trade demo, you risk nothing and you may do anything you like. Anyway you can start again and again if you need to. Trading with real money does not allow you this. You take care of which frank or euro. I have read in one of the recent ...
- FrankSteward replied Sep 28, 2010
i think forex is a kind of casino. you cant be sure you make money tomorrow even you did them yesterday. i used to win $100,000 from $50,000 within month or so. Than lost about 90% within the next 3 months and left the forex for quite a big time.
- FrankSteward replied Sep 28, 2010
I prefer to use 1 Hour and Daily charts. If you use less than 1 hour it is almost always noise fluctuations. Longer than daily periods are not so indicative already.
- Posts by Member Search: 'FrankSteward'