- Search Forex Factory
- itsDavid replied Sep 30, 2019
Is it OK that both these trades (Long USDSGD & Short AUDUSD) somewhat depend on USD strength even though they are both from different currency groups? Or should I have just taken one of them to avoid the risk of compounding potential losses?
Trading Made Simple(r)
- itsDavid replied Sep 30, 2019
Forgot to post my other trade from this morning. Short on AUDUSD. Hoping for more when the next candle starts in 30 minutes. I'll wait and see
Trading Made Simple(r)
- itsDavid replied Sep 30, 2019
I guess we'll wait and see what the next candle brings in either case.
Trading Made Simple(r)
- itsDavid replied Sep 30, 2019
Waiting for a potential bullish move on the GBPJPY. It may not happen but we'll wait and see. More likely it will turn into a continuation trade and carry on down
Trading Made Simple(r)
- itsDavid replied Sep 30, 2019
Anyone else riding the USDSGD train this morning?
Trading Made Simple(r)
- itsDavid replied Sep 29, 2019
I think those are just arrows that RH added to the image for clarity.
Trading Made Simple(r)
- itsDavid replied Sep 29, 2019
Maybe have a look around at other brokers? I'm on Pepperstone which allow you to choose the demo deposit amount and leverage. Better spreads than you are getting as well by the look of those charts. They average about 1.5 pips. I'm planning on ...
Trading Made Simple(r)
- itsDavid replied Sep 29, 2019
Unless you're likely to one day load up an account with 50k wouldn't it be better to demo trade in more realistic conditions? Maybe switch to a 1k account with 100 leverage, and risk 1%-2% of balance per trade?
Trading Made Simple(r)
- itsDavid replied Sep 28, 2019
Personally I am setting my stop loss two candles back, rather than three. Though I may be making a mistake with that. I'm not sure, but I think you might have opened a couple of those trades too late. I'd like to see what RH and others have to say ...
Trading Made Simple(r)
- itsDavid replied Sep 27, 2019
I've had the same issue with two separate MT4 accounts on one PC but found that when I just copied the contents of the data folder from one install to another it all worked fine.
Trading Made Simple(r)
- itsDavid replied Sep 27, 2019
As Alan mentioned you can download it directly from MQL5, but dropping it in the Experts/Market folder should work as far as I know. Link if needed: url From the screenshot you posted and then deleted earlier it looks like you're risking 10%+ per ...
Trading Made Simple(r)
- itsDavid replied Sep 27, 2019
Yep, I mentioned it should go in the market folder for that reason
Trading Made Simple(r)
- itsDavid replied Sep 27, 2019
That lot size is very large for your account size, you could easily end up wiping the account. Especially with 400 leverage. Look at the margin %, it's dangerously low. ADDED: The post I was responding too (which included a picture of the ...
Trading Made Simple(r)
- itsDavid replied Sep 26, 2019
I'm going to take available trades at the close of the first 4H I am awake for as always (The 10am one), I don't like taking the 2pm ones on Friday as it increases the risk of having to close the trades early due to the market closing for the ...
Trading Made Simple(r)
- itsDavid replied Sep 26, 2019
Buggered my day right up, lol. It wouldn't have been so bad if I hadn't doubled the lot size on it. Tomorrows another day, I'll just have to make 2% to make up the deficit
Trading Made Simple(r)
- itsDavid replied Sep 26, 2019
Well that trade went the wrong way quite suddenly!
Trading Made Simple(r)
- itsDavid replied Sep 26, 2019
Took SGDJPY about 10 minutes after the last candle closed. I was a little late as I couldn't be at the PC at exactly the right time. Currently using 2% risk per trade, 1/100 leverage, aiming to average 1% account profit per trading day.
Trading Made Simple(r)
- itsDavid replied Sep 26, 2019
This seems ripe for an EA build. I wonder if someone will take it on, I know I would if I had any coding skills at all!
Thanks Mladen & Mrtools (profitable system with 2 indicators)