I haven't got a clue!

Thanks Benf. And wow EllisEdi. Some great points there. We're certainly on the same page. Ah... mik. Yes - Ebay but from somebody with zero feedback. Would you still bid against me? It´s a gamble - but it is less than half list price. I'll do my own due didligence though before parting with a cent.

I'm typing this on a German keyboard at the moment - I thought the French were bad enough but this is tough. Have a great weekend everyone.

Just install MT4 a second time, or third,4th,5th, or 7 like me.
C:\programfiles\MT4
C:\programfiles\MT42
C:\programfiles\MT43
C:\programfiles\MT4tester
C:\programfiles\MT4tester2

I use one main instance where all my indicators go and another tester where all my eas go. If I like them I copy to all my other folders, if not I ditch them.

You can use one instance to run multiple eas and manual trade on one pair or to run one ea and system on multiple pairs, or however you want to organize.

Also just about any modern video card has dual outputs for dual monitors. I run 2-21" side by side on an nvidia 7900gt.

I just read this again. Are you talking about the FXDD java platform? If so I dont use that, just mt4 with FXDD. But you could try the seperate installs.

I use mt4 with FXDD too. Thanks again.

I didn't know that could be done! thanks CEO your a genius!

-Mikhail

That's easy. Here's how I do it:

Go to Program Files folder, find the "FXDD - Meta Trader 4" folder and copy this folder to another drive. Rename the terminal.exe file in this folder to terminal2.exe then double click this file to run another FXDD Meta Trader or make a short cut to this file from desktop or put it in start menu.

just my $0.02

This was posted near the start of this journal. The reason I started this journal was because the conditions for this type of trading had to be right. IMO they were at that time and still are. I posted this and was referred to historical movements which were far larger. A member disagreed. The movement has been larger than I suggested it would be - but not by that much.

The forex market has undergone a profound change. In past years, a trade imbalance or an interest rate shift could suddenly move a currency price hundreds of pips. For that reason, success in the forex market followed a traditional formula: Cut your losses short, but let your profits run. Traders took small losses quickly, but rode big trends for big wins. A volatile forex market rewarded breakout traders.

Using that formula, professional traders were disciplined enough (or their black boxes were disciplined enough) to absorb several small losing trades, because their one, very large win more than made up for them. Using a breakout trading system, only 30% of the trades had to be winners, because the payoff on a breakout trade could be six times the total of the losses. The risk/reward ratio and the mathematical probabilities were in their favour.

Recently, however, traders have been searching in vain for that kind of explosive breakout market. Forex is no longer a market in which the trader can exploit volatility. Volatility in the major currency pairs has fallen over 50% in the last three years. Unfortunately, too many traders—even professionals with years of experience—have been slow to adjust, and have paid the price. Accumulating a half-years worth of small losses (by continually being stopped out), they can no longer make up those losses, because the huge breakout they need is not there.

Instead, in a market where the price moves inside a support-resistance tunnel, it can be possible for the trader to profit by overwhelming one major losing trade with several small ones. The new math says that by trading in a range, 90% of the trades can be winners offsetting losing trades, and that a 200-pip loss can be more than offset by a collection of 30-pip wins, taken by harvesting tops and bottoms as the price oscillates inside its price tunnel. No matter which way the currency price travels, its natural tendency is to move back and forth inside defined price channels. The trader takes small profits quickly, sets up generous 200-pip holds to avoid being stopped out, and waits for the price to retrace.

Simply, though, if you manage risk on your accounts by having several as described earlier then stop losses are not needed IMO. When the time is right I'll open a fresh account and we'll go again with this "strategy".

Ladies and gentlemen, have a great March.

Very nice Why Oh Why .....

Sir, thanks for your kind words and great to see you again. Stay tuned.

always like to see your posts whyohwhy and look forward to more fun from this thread, though i still dont think i could trade in this way, id much rather just take a few small losses here and there while riding the channel, if only because its less to manage and because it allows for some breathing time where youre not holding a position at all. i do think that those that can trade from small timeframes and ranges up to larger ones have certain advantages over big trend followers, but im pretty sure that a smart longer term breakout trader can still make money over time too. you think the market has just become numb to such things as the US trade imbalance? they do always say that lower volatility is the calm before the storm.

Maybe. But then... through the 1980s and 1990s, and even into the new century, the distinctive characteristic of the FX market was its volatility—a volatility that was a reflection of major imbalances between national economies.

When a country over-spent or over-borrowed, or when its external trade went wildly out of balance, its interest rates were forced up and its economic growth slowed down. In the forex market, the country's currency also paid the price—usually by sudden and sometimes drastic devaluation. In short, economic imbalance generated currency volatility.

Increasing globalization has changed all that. In today's world of tightening economic interdependency, it is in every country's interest to maintain economic and financial stability—even if it costs. And trade surplus countries (in particular China) now effectively underwrite trade deficit countries (in particular the US) in the name of stability and an orderly market. As one result, interest rate differences are compressed. As another, currency volatility is minimised. But nobody has a monopoly on good ideas november15th. Make of this what you will and great of you to post. Nice to see you here again.

hi ..can u help me understand u method?

His method or mine?

I cannot assure you that this will work, but I have downloaded two demo platforms from ODL and when asked to save the platform download, I indicate the ODL folder but give it a different name such as Demo # 2. You can try it with the FXDD platform. Good luck.

TODAY’S JPY STRENGTH AND LIVE FOREX TRADING SIGNALS

Today in the main session forex trading the JPY was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap and price chart movement for these pairs is shown below. The GBP/JPY broke all D1 support levels, and this pair has much more potential to drop. The AUD/JPY broke out of the W1 support levels and now has much more potential to drop. The NZD/JPY also had a strong drop and is at D1 support. Due to the large price movements today, we would scale out lots and take some profit, as some retracement would be expected. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.

https://www.forexearlywarning.com/the-forex-heatmap

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