I think it's confusing because with forex you're buying and selling at the same time. url url

It means there are sell orders at 1.6350. When you buy, you get the ask price, and when you sell, you get the bid price. The difference between the two is the spread EDIT: Please disregard, apparently I was wrong...

How do you guys ensure a 2:1 or higher RR ratio? Using static TP/SL, or something dynamic? Right now I just place my stop a few pips behind the nearest swing and set my TP to the nearest cluster of stops, or a barrier level if I have that info. ...

This thread is awesome and one of best ways for new traders to get their hands dirty with the core aspects of trading. If you do this, you will force yourself to cherry pick the best trades, fine-tune your trading system, and build rock-solid ...

I'm not sure what kind of answer you're looking for here? Seems to me the only thing your trades have in common is your entry/exit criteria so first and foremost, fix that. Second would be money management. Risking an undefined amount of pips for a ...

I would argue that using stop clusters as entry/exit is actually simpler and more elegant than using news releases. I'm interested in knowing why you guys think this isn't a viable strategy more than anything else, to be honest. I'll try to post a ...

I think the concept behind this system is solid but the entry and exit rules are flawed. The only reason we are using news is because we know with reasonable accuracy the market will move at that point in time, but the problem is spreads. And exits ...

What is the path of least resistance for the price to go?

Great idea. I'm definitely interested but I don't have the experience necessary to contribute anything solid (yet) Still learning OF, market sentiment, expectations, scenarios, news sensitivity, etc

Are you on DS's forum? I think I remember seeing your name back before he upgraded the forum, but I haven't been back since then. What do you think of his news feed?