Recent content by homeforex

Very good point Toast. People seem to forget that there are always people at both ends of the bell curve.

No

Sierra Chart with TT feed from Velocity.

I subscribed to FTSEDay for one month. He did not know the difference between a PIP, a Point and a tick. He "trades" using a spreadbet company. He routinely says he is "done for the day" and then places more trades. He often places trades and risks 10-20 points to make 1 point. He gets out of...

Depends what you mean by pro. Most traders at the cme use either TT or CTS T4. TradeStation is for retail market.

Blog has moved here.

Re: GLOBEX futures 12,50$/pip Well, for futures that may be different, but I'm not talking about futures.

As long as a 200 pip stop loss is an acceptable % risk of the account that's fine. Number of pips is irrelevant, it's the amount of cash risked as a percentage of the account that matters.

From my new trading blog. Daily hammer on the Euro What are your thoughts?

Hi there, One of my strategies depends on the weekly opening price. I am trying to find out what the most trusted figure is for this. For example for GBPUSD this week (19-Apr-10) I have: MT4 with Alpari: 1.5290 Dukascopy (my broker): 1.5284 eSignal (GAIN Capital feed): 1.5288 Which one is it...

Hi there, I live in the CET time zone and I want my 4 hour charts to be drawn from differently. Currently they default to 00:00-04:00, but I want them to start drawing an hour earlier, i.e. 23:00 - 03:00. Is this possible in MT4? Thanks

Thanks for the reply. Your memory serves you right, it does seem that there needs to be a high hit rate for the system to work well. The author claims 70-80% accuracy. However on my back testing I have not found that to be the case, I am still ploughing through some months of data, but it's not...

I'm placing trades using a demo account in strategy runner and so far it's working OK. Obviously I'll be exercising caution and using strict money management, but the author has obviously spent a lot of time on the book and has spent a fair bit of time with me personally on the phone and via...

Hi, The book has now moved to http://www.tradingmentor.co.uk I bought the book a few weeks ago and have been paper trading for a couple of weeks and increased my paper account by 10%. I've also chatted to the author on the phone a few times and he's a great chap, seems very sincere, honest and...