Forex Broker location CAN make a differrence! — PARAMESWARA, If the country you live in requires your forex broker to report the status of your account, like the US does. It would be better (tax wise) to use a forex broker that is in a country ...

I started out trying to get returns of 400 - 800% a year. But I found out quickly that a lofty goal urged me to make stupid mistakes by not being PATIENT for the market to make a GOOD trade. Instead, I found myself chasing the market and making very ...

I believe that GPB/USD will end the day at 1.9550 and will open Monday at 1.9630. That is, if history repeats itself.

True....But — As stated elsewhere, you don't want to enter your trade too close to the current price at "news time". The price action frequently swings wildly around the current price before taking a firm direction. If you've placed a straddle ...

A quick fix is to get some cheap reading glasses from any pharmacy or department store. Try magnification factor x2.0 or greater. Sleuth

Thanks Yardie, does anyone else have any information on this? Alan

ITME, I'm shocked by your call. What's your analysis for shorting CABLE with a target of 1.8280? That is a rundown to the 7/19 levels. That seems like an extreme pull-back from the current levels. What do you believe the causes will be of such a ...

AZBOfin. I cannot yet decipher what all this means in relation to my question, however you're on the right track to providing an answer to the question I posed. You recognize that our PC's time, displacement from GMT time and our broker's time are ...

I understand what you're saying. Given the extensive experience he has with this software, I'm sure that Hendrick knows the best trading times. I wasn't implying that he didn't. Alan

Scott, Thanks, is this true of all EA's? Being a computer geek, I find it peculiar that a process that runs within the framework of the MetaTrader doesn't take it's time from the broker's sytem, unless MetaTrader acts like a standalone piece of ...

4x4tx, "Local time" meaning the our "PC's clock time" or local to the Broker? Alan

Hendrick, Let me start by thanking you again for your work Phoenix to life. I'm not trying to be disrespectful to you, but I believe you didn't fully answer the question I posted. I'm somewhat new to EA's in general. Do they take their timing from ...

Hendrick, First, thanks for all your hard work on Phoenix. Secondly, I'm trading with FXDD and their "chart time" is +3GMT. What is your "chart time" relative to GMT? Will others need to adjust their times due to their Broker's "chart times". Alan

I don't understand the continued run-up in the majors versus the YEN, after the announcement of a albiet modest tightening of credit by the BOJ?? Alan

MrGreen, Your "no-stop" strategy works great for day traders that NEVER leave their station during a trade. My biological functions usually win out in that battle, I have to enter stops during absences from the trade station. I'm also wary of the PC ...

I wasn't trading this pair, so I had no immediate intention of contacting the Broker. But what if it had been a pair I was trading? I will contact the vendor to get a response, this scares me. Alan

Scott, This data was from a Live Account on FXDD. My demo account on FXDD had the same crazy candles. However, my demo account on FXCM didn't show this erratic behavior. Hmmm.... Alan