Recent content by thruster9121

Moving to FXCM in favour of SLM, blimey they must be bad :) On a serious note, I left SLM a couple of months ago due to the same issues that traders STILL complain about today. I have experienced the pain of trading with a few MT4 dealing desk brokers, so I have come to one sound conclusion; I...

Couldn't log into the SLM MT4 platform this afternoon for about 20 mins while the EUR/USD tanked, thankfully I had already closed my trade on this pair. Absolutely the worst spreadbetting broker out there. So what if they have spreadbetting on MT4? I'd rather trade ECN style with ThinkForex...

As you suggest, straddling can work, but it can hurt you if you're not quick with closing orders. One way to trade news is to wait for a good few seconds after the initial jump in price, watch it retrace on the tick chart, then when it starts to turn into its original direction you place your...

I'm not here to bash FMT, as I have been using the system for a few months now - it has been profitable. But once you get to your OWN drawdown limit (whatever % of your account that may be) you have to stop trading that system and evaluate it. You cannot have too much loyalty in this game. The...

Definitely reduce your exposure until you've had a good few winning trades on the bounce. What concerns me right now is that this system can only be successful when it wins more trades than it loses, rather than being successful from a good risk vs reward ratio. In addition to FMT, I trade on...

Agreed. I moved 80pc of my account to an ECN a while back, because of the EA issues and delayed entry times with SLM. Best move I ever made! FMT and TMT work fine with ECN brokers and with an 85% hit rate with this system, I wouldn't even worry about having to pay tax (UK traders), in fact I'd...

Shoot, my post did sound like a bit of a rant! Interesting to hear that lot sizes can be more than 50, it says 50 in their T&C?

+30 TP at around 4pm!! I didn't get stopped out due to my SL being set slightly wider than default. I will say that this is less FMT and more luck! I don't consider taking profit at 4 pm to be truly FMT as a system as it took the best part of 9 hours to TP! I know that probably won't be much...

TMT BE worked fine on SLM today :)

I sent a lengthy email to them with screenshots of the charts. When I logged into my MT4 this evening the offending candle was the same as all other brokers charts. What was different however, was the chart from the platform that was actively trading (a vps of mine) - the lowest price on that...

That happened to me, big loss - did you speak to support? I just sent an email, not happy!

Full SL...ouch

My best settings yet, on backtest with 90% quality for Feb to Nov 2010 inclusive: 0615-0630 30 SL 25 BE +5 BE pips 35 TP +35 this morning, entered at 1.61576!! I simply cannot understand the large stop loss compared to the TP that some traders are using. 1. If your SL is less than your TP...