I use :
AVAFX as my broker and do entries via the trading platform.
AVAFX and IBFX for charting.
2 main reasons why I mix abit :
1- Just to make sure my live account broker doesn't spike me with fake quotes, when comparing with another broker
2- IBFX MT4 platform offers me more candle data...
Just some doing some self reflection on a quiet friday night.
I am going to talk about a very contraversial and difficult topic. Regarding indicators. A lot of the thoughts here are both my reflections + research + experience creating indicators.
There are 2 types of indicators :
Measuring /...
So I decided to take profit off shorting gold. I also had a short AUDUSD running. The profit from gold will act as a stop loss buffer so that my capital loses nothing. Lets see.
Trying to short gold live now. Gold is :
+ at the daily high
+ retraced a certain amount
+ trying to bounce off a line in the sand my indicator drew automatically
+ try to return from an oversold position to the quarterly trend channel my indicator drew automatically (again)
Pretty fun...
Not bad. The position survived over the weekend and even earned abit of Carry Trade interest. Lets see what happens. Its been 4 days and counting (including weekend).
The initial position is still alive. I've added another lot to this 'winner'. Gonna lose nothing again since using profit from a quick scalp as a pin cushion/buffer. See you next week!
Thank you for your compliments!
FXCM Micro had a limited time offer to open $25 micro accounts 2-3 years back. I took it.
I don't know what you exactly mean by 'stay away'. What I can see is that stay away if 1-you do not know what are you doing and 2-you do not know the real nature of the...
I took a EURJPY long position yesterday. Very nice, the position is still alive. Now, since I have the time, I will explain whats going on :
Update : 1 of the lots got its SL nicked. Its ok => We still have the other one surviving. Lets see.