I'm in two minds because the lack of liquidity can work both ways, tight ranges but also big moves with nothing to stop the buy/sell pressure. I think I'll avoid the week between Christmas and New Years but trade up to and after that.

Wow, that is quite an impact! It might be best to avoid December all together then. Of course the argument could be from these tight ranges we get big moves because orders are thin but the problem is how long we remain in the chocking ranges.

Morning all, I've never traded currencies this time of year is it typical that December is a very quiet / sideways month? To me it seems very range bound or does it just happen to be the last few weeks and it's no necessarily the time of year?

After the mess this morning (spike up) the trend continued down so I followed in short. Was worried about the triple bottom on the M15 so took profit but then decided it was still on so entered again an hour later! Short twice on AUDUSD, first at ...

One probably very silly question but does an EA function when MT4 is off or minimized - or does MT4 have to be fully open for an EA to work?

That was a valid retrace trade, I was so close to clicking sell at ~90 and it would have made a relatively painless 50 pips. C'est la vie!

It appears to me FX is quite tricky, my account is down after the first week.

That's what I was looking at. My only concern is the 'new' trend.

Wow - that's super helpful, thank you very much! I'd give you a vouch if I could.

Understood. Can I pick your brain, what would you consider the trend of the EURUSD now - still down longerterm?

Well this trade remained on all night whilst I slept, woke up and it was at BE. Missed the target by the spread (~3 pips) only, how frustrating!

Thing is from big moves like these do you consider them now in uptrends or do you expect them to fall back in to the previous/earlier trend i.e. retrace some of their positions? I'm sure your rules would consider going against these big moves as ...

v1.1 appears to be working - thanks. How do I move the read-out to the top right corner as it's currently obstructing another readout so you can't see the text?

Took another short, EURUSD M15 this time, ST 28 pips, TP ~50.

Typical now two of the BE have hit their targets and -10 hit it's target, so if I hadn't moved stops I'd be up quite a lot!

4 trades today, 3 BE and 1 Loss -10 pips. I think it's time to step away, markets are dead because of the bank holiday!

Market went +10, moved stop to above new LH. Stop originally 24pips, now down to just 10 pips.

FX markets are very slow today!

EURJPY short (M15). All rules met but taking some time to move in my favour!