just some burning questions i had for a while

1. Are stop orders with a 1~2 pip limit with high leverage plausible for JPY crosses?I feel guilty risking far more capital for a small limited reward. However, this method seems to have high success rate. It would work fine as long as the overall trend is unchanged but, im worried one of these days reversals can definitely cause damage.

2. Are there any trading platforms in which you can program logic blocks? for example I'd like to enter ina OCO If Then, order. For instance, a buy stop order at price 1.100 with 2 pip limit, and a sell order at price 0.990 with 2 pip limit. so that when there are price fluctuations to one of these, the profit can most certainly be locked in. I would make sure these two stop orders are far enough so noise wont trigger prematurely.

3. What really is going on in each session? How are highs/lows determined? how long are each sessions. if i look at the 1 hr chart, one candle stick really fluctuates. it would trigger my limit, then retrace back to the other side of the market? Its almost like a tow-war b/t bulls and bears. What are some factors that gives rise to these tug-n-pull b/t bulls and bears? Why is it that for every large bull movements, there are many times equal magnitude of bear? If this is the case, shouldn't price always be near the equilibrium and never change? I dont understand how prices close higher and higher or lower and lower for various pairs.

wow, really long, but I really had to get it off my chest.

Thanks for reading.

Although you torture the English language you can not force it to reveal your meaning.

I'm pretty sure you need to go back and learn about trading. Most of those questions don't make a whole lot of sense. A stop order of 1 - 2 pips would be retarded to use. You place stops based on s/r or swing highs/lows or fib levels not based on what you feel you can lose. And 1-2 pips is barely enough to cover spread on most crosses.

You can use trailing stops to lock profits in but again, I think you're missing the point and procedures of trading. If you have given good thought to your trade you know where your profit taking levels are. Even if you don't, you can set a predetermined take profit based on how much you think the run will extend to.

This is pretty much what trading is...the tug or war between bulls and bears. Thats what creates a candle stick. A candle stick is the history for that time frame between the sellers and buyers. Wicks indicate where the price extended in that time and the color indicates who won.

Currency prices are indicators on the strength of the countries economy and its relationship with other countries/currencies. That's how and why fluctuations happen.

1. The problem with stops that precise is that price does not move exactly how we predict it to. The issue is that price on the smallest scale is almost considered to be mathematical chaos, or very difficult if not impossible to model. A trader should NEVER live or die by the next tick, but he should rather take cool, calm, and calculated risks to profit on price MOVES, not price impulse responses.

2. I'm fairly certain that you can program an expert advisor in MetaTrader 4 which will execute your orders as you say. Just have the expert preprogrammed to trade how you wish your execution to occur.

3. During the sessions, traders will all sorts of mentalities, backgrounds, and capitalization are buying and selling with the believe that the underlying security (in our case currency rates) are under or over valued. For the most part these traders base their decisions on fundamental factors such as GDP and unemployment numbers, however many traders use technical analysis to make their trading decisions. To better answer this question, I think you should pull out some charts of something very easy to understand - the United States stock market and read history behind each move. You will see that there really isn't that much to understand when it comes to "the struggle". If people like something and think that it is good, they will increase demand, causing price to rise. If they dislike it, they will increase supply, causing prices to fall.

You just bumped a thread from mid 2007, of an infraction overloaded member, to pick on the lack of meaning? Wow...

That made me laugh...

Haha wow, didn't notice the date when I answered