Recent content by jdmc45

I was wondering what the general consensus on prop trading at investment banks is? There has been many news articles detailing the closing down of many banks' prop desks at firms from Goldman to Bank of America. This is to comply with the Volcker rule that limits the banks trading its own...

Thanks for your replies Martinghoul

Ok. And the huge capital injection of yen into the system had negligible effect compared to this actual and expected repatriation of funds?

Hi there, I was wondering if someone can give me a fundamental explanation as to why the Yen has recently skyrocketed to the highest levels since WW2? The Japanese government in the past week or so has injected something along the lines of 34 trillion yen into the system to keep things going as...

Hey everyone, I am curious to how most of you backtest your forex strategies? Is it simply using the forex strategy tester in MT4 (if you use that platform), or do you export data to excel and do it that way (kind of difficult to replicate alot of technical indicators in excel), simply use the...

Thanks for your response pboyles, duly noted. It seems a bit far fetched to be able to successfully extrapolate prices with an 80% success rate or whatever they claim to make. Inter-market analysis is useful but I don't know enough about it to fully take advantage of it. Just the fact they had...

Hi, Has anyone tried the Vantage Point inter-market analysis software? It's available from the website http://vp.tradertech.com/ There are many markets to chose from, and you pay according to which markets you want the software for. For forex, you can buy the major pairs and/or the cross...

Fantastic thread! Some great ideas about trading plans from many members. I believe trading should be treated as a business, creates organization and discipline. A trading plan is a must! Then if something isn't working, you can look back at the plan and pinpoint the problem, making it easier to...

Hi all, I was wondering if anyone has any consistently successful ways to trade the NFP release? I have had mixed success with it trading on a demo account and am interested on your thoughts. Cheers, James

Thanks for your reply wackypete2. I have found an EA that does this, I am interested in an EA that where for example, I have a buy limit above the current price and a sell limit below the currrent. Say the buy limit gets hit, I don't want the sell limit to get cancelled now, but if the price...

Hi, Is it possible to execute Order Cancels Order orders in Metatrader? Or is there a way to effectively do this? Any help would be appreciated. :) Cheers, James