Letting the price come to you

From my stock trading days I remember reading in several books with advice stating to never use market orders, only limit orders. In other words, let the price come to you. However, I do recall seeing any such advice in any forex materials I have read, or in any forums. Seems like the same advice should hold true for forex. I have tried using limit orders below the price and I have tried using limit orders above the price. I am using signals from VT for placing trades. I have noticed the price almost always retraces some after a signal, so I tried using a limit order on a pullback of 5p - 10p. This has worked out very well for me.

Interesting...what is VT though?

VT trader is a free charting and trading program from CMS

I use limit orders often on VT which I find quite successful in certain market conditions.For example when the market is waiting for news and trading in a narrow band I will set up a buy and a sell one each side of the band it is bound to go one way or the other its not rocket science just needs one to think it through and try to figure a reasonable risk .I always also place my stops and my exit point as I am at work and in and out of the screen all day. Hope this helps
cheers
Pete