Recent content by Euroscalper

With one broker / market maker. I used FXCM. must have ended up with over 30 demo accounts over the years.

I agree totally. I use the RSI's direction on multiple time frames and chart patterns. less charts and more RSI though. Tim

wackypete2, Once I have found a trend on the high time frames like 4hr, 1hr and 15min charts (which would have to be lined-up correctly). This could take from same 7am till 11am to occur. I have to wait for the 1hr and the 4hr chart traders to trade their break-outs, bounces hammers or...

Emanuella, Yes constantly opened account after account. I would trade full-time in a demo account trading for weeks if I was on holiday or at night time. For my first account I put on 700 trades in the first month. then printed out the statements. would work out my win loss ratios etc...

Hi new_trader, Thanks for your post I appreciate it. I use extremely tight stops because the object is to limit losses. I don't need a big movement to let me know whether the rest of the market agrees or disagrees. I have been in uncontrollable fits of laughter at your post. Notice I did't use...

Hi there Forexmospherian, I was responding to Hybrid. for me scalping is the was to go. 3 pip stop loss and 3 pip target doing about 30 trades per day. I don't mind waiting for my setup 3-4 hours and more but to be in a position for a few hours not for me thanks. Regards

Emanuella, Its a great idea to use a demo account. I have used one for 8 years. Any time I need to make changes to my strategy I use a demo account. I test say 50 to 100 trades then use a real account. Probably the best thing you could do is treat the demo as a real account in your mind. Once...

Happy new year everyone, Its not a problem being stopped out as long as your profitable trades make up for it. Focusing on the relationship between profit to loss ratio is important. It sounds like you need to widen your stops. With swing trading stops need to be very wide say 100 + pips. On...

Oh to answer question 2. learn to put you stops in places where they are not likely to get hit. If your dealing with a broker I don't believe they are going after your individual stop losses. Their computer system or platform would have straight-through processing to a market maker. If you are...

FXCM has a feature where you can load up a GBP/JPY and convert it to data. If you load up say daily charts and convert it to data you will see a string of data in table form. You will be able to copy and past into excel. hope that helps.