Recent content by snip

Oanda advantages: -- 2pip spread on EUR/USD -- 1$ minimum position size(FXCM and others is 10,000$) -- No time limit on Demo/game account. -- Best trading platform disadvantages -- Can get slippage on market orders, although you can control it. -- Increased spreads on weekends and sometimes on...

scrosbie I trade with Oanda Oanda who IMHO are one of the best if you are starting out with limited capital. Go there and open a demo account and give it a go. Also, join the forum which has alot of good FX traders. Cheers Snip

Bramble Your right, some people do attempt to change, but its really hard going because they are going against the grain. Eventually 99% lapse and settle down with what they have. Its best to take what you have and enjoy.... Humans would not be in there present stake of advancement if it was...

BBB I don't think trading is for everyone, in fact I would think very few want to go there. I know most of my friends look at me a bit odd when I tell them what I do and none of my family, who watch what I do, have the slightest interest. I think the above results prove's just how alike we all...

INTJ.... Would love to know what the doubters are.. Have you noticed they never tell you their result.. What's the betting they are all the same type.:) You cannot hide from your personality, we are born with it and there's no changing it. Cheers Snip

Blairlogie Haven't posted for some time, but looked in today and read this thread and glad I did. That's some explanation... well done. You certainly cleared a few misunderstandings that I had. One last question and I would never had thought of this one if I had not read this thread. If the...

T333 So who are you on RSUK..:) Cheers Snip

cj OK, lets try again... Setup pattern 1 (Sells) Day4 Day3 Higher low than day4 low Day2 Inside day3 Day1 day1Open < low+((day2High - day2Low)/2) AND day1Open < day2Close Setup pattern 2 (Buys) Day4 Day3 Lower high than day4 high Day2 Inside day3 Day1 day1Open > day2Close...

cj Results of back testing the above "Inside System" on Dow EOD data from 1988: Setup: Day-3 must close higher than open Day-2 must close higher than open Day-1 must be inside day Today must open < low+((PrevDayHigh - PrevDayLow)/2) Sell on open without stops: 261pts Sell on open with -50pts...

NB Thanks for your help.. I am currently using both FXCM and Oanda's demo platforms and was thinking of going with Oanda because they have no minimum position size, also there spreads are better. But after reading the above I just might change my mind..:) Cheers Snip

Guys I'm new to forex and I thought one of the advantages is it never closes( 24/7 ), hence no gaps... Wrong...!! A question for the experienced: are gaps that common.? Cheers Snip

CJ Your setup is the previous day must be a long tailed black candle, then on current day you can trade a 0.2% breakout long or short. Does the same in reverse apply.. long neck white candle(open in seg 1 and close in seg 2), then trade 0.2% breakout.?? Cheers Snip

Beginning to hurt..:)

BB I had already looked at Richards Special system, which is in the experimental stage. One thing I don't understand is the contradiction whereby he says: 3 If the trade is stopped out by the 100 point stop loss condition then you DO NOT REVERSE IT. You wait for the next trade to be posted...

Where..?? Haven't told the wife yet..:) Cheers Snip