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- FXRenegade replied Feb 6, 2013
I'll Tell You What Zulutrade Really, Really Wants I think that it's important to try and get into the minds of those at Zulutrade and determine exactly what it is that they, as a business, want. After all, it only stands to reason that they are ...
- FXRenegade replied Feb 6, 2013
Bianco - thanks for chiming in. Yes, the system has been going through a down time. I've built it so that all of one's eggs are not in one basket. I also setup at least one trade on each of the ten pairs each day. Every now and then though, what ...
- FXRenegade replied Feb 4, 2013
A lot of the favored brokers here use No-Dealing-Desk technology. No person is making individual decisions on your trades, they are all sifted/sorted/matched by computer...usually in under a second. There's a cadre of voices on this forum which say ...
- FXRenegade replied Jan 10, 2013
Sometimes losses can come from more than one place. I mean outside of trading. For example..my VPS has gone offline twice in the last week. I don't know if it caused me losses directly, but I do know that it caused me to pass some profit levels and ...
- FXRenegade replied Jan 4, 2013
What do you mean the debt was void? All the people in Iceland who were buying real estate with money from these banks....the government just up and said the people didn't have to pay it back?
- FXRenegade replied Jan 4, 2013
You need to trade through the losses...but as others have said, to do so you need to have 100% faith in your system. I worked extensively backtesting a short-term system that traded on the M5 and M15 charts. All of the data looked good...the only ...
- FXRenegade replied Jan 4, 2013
I do not keep a journal. It would would be cumbersome and I don't think it would yield much value. The closest I come to it is MyFXBook. As to the cumbersome part, I place one trade per day on 10 different pairs....sometimes more. That's 50 trades ...
- FXRenegade replied Dec 5, 2012
Mark....you can always switch to FinFX. They don't have offices or anything in the U.S. and thumb their nose at the not-so-disguised powergrab of the CFTC in their effort to become the new Department of Worldwide Foreign Exchange Security. (DWFES) ...
- FXRenegade replied Dec 4, 2012
Defining risk is not some subjective "dots on a chart" element of trading. You actually DEFINE the risk when you set a stop loss. If your stop loss is set at 50 pips, then you really are only risking 50 pips because you have the power to pull the ...
- FXRenegade replied Dec 4, 2012
You sound as if you believe that a signal provider should get paid regardless of whether or not he's making money for his clients. That doesn't make a lot of sense. Consider the fact that even most PAMM accounts run off a "high water mark" basis. If ...
- FXRenegade replied Dec 3, 2012
It might also make sense to break up a trade into one limit order and two stop orders. For example if you are going long, then you set a limit order slightly below the entry price you planned to use if going with one order. This way, when the price ...
- FXRenegade replied Dec 3, 2012
I ended up figuring this out. I needed to enable EAs from the MT4 main Options control panel and not just on the pop-up window for the EA itself. Now it works just fine. I've uploaded the file for the EA that I'm using for this in case someone ...
- FXRenegade replied Nov 27, 2012
PA stands for Price Action Also...thanks for helping me on this guys. It makes more sense now.
- FXRenegade replied Nov 21, 2012
I've not checked the news, but the EUR/USD took off quite strong starting with London open today after a steep fall-off overnight. Made up all the ground and a little bit more. I've been able to score two profitable trades while this thing went up ...
- FXRenegade replied Nov 20, 2012
I think that you're right that most of these levels are all just psychological and systems based on them are essentially making predictions based on herd-mentality. The only problem I see with this is that systems built around these particular ...
- FXRenegade replied Nov 20, 2012
Even if a broker was being "hurt" by the winning trades of their various traders, it would seem to me that most traders trade such small lot sizes that it's unlikely to impact the broker's bottom line in any significant way. If there was ...
- FXRenegade replied Nov 19, 2012
What happened over the last week or so that dampened your enthusiasm? Also, why would you not trade December? I know a lot of people did really, really well in December last year.
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