Recent content by FXColes

"Bulls profit, bears profit, hogs get slaughtered." Yep, you can't beat a bit of pork. That said, I would gear towards a trading strategy with no more than 2% of an account at risk on any trade. "Your entry price has nothing to do with the future probabilities of the stock moving up and down."...

Mae West. No, really. I was having a mull about spreads - as you do, what with the Holiday season looming like a mother-in-law with a violent moustache - and have been interwebbing looking for low spread brokers (not market makers - I mean brokers that don't actually trade against you). The...

I've just tripped over this and was wondering what you guys make of it - an EA that points to possible profit from the correlation between EURJPY and S&P500. It is non-commercial, on a non-commercial traders' resource site, so I think it's ok to give a link (me no breaky rules, oh no... :clap:).

Hi Sandee106 - this might sound moronic, but I think the best trading tools you've got are your eyes and your temperament. Personally, I find myself getting lost in too much information. Maybe I am still too new at forex but I get quite confused with all these graphs and indicators. I prefer to...

Hi jw1981 - really appreciate your post, thanks for the info.

There are so many websites that publish upcoming news events e.g. Forex Factory, Daily Forex etc. There is another website http://www.forexrazor.com/en-us/calendar.aspx - this publishes a rating of the probable impact of news events on the forex market. I can't vouch for its accuracy, I don't...

Far too many EAs out there are designed to make the developer rich off deception and a commonly ploy is to impress a newbie 'holy grail' searcher with a an impressive looking backtest. All you do is a over-optimize some parameters in an EA for for 6-12 months in such a way that it makes a dreamy...

For me, minimum deposit is key, which is what attracted me to exel markets (non-us), the minimum deposit is $200 and I rate their support service for sure - I have to say, with specific reference to the latency issue, this boker I find very good on that side of things, a reliable platform. I'm...

Sharper than a Serpent's Tooth I wouldn't agree that BabyPips is nonsense, I found it very useful when starting out, and respect their achievement. I have moved on to Forex Razor for two reasons: the way they structure and moderate their contest, and the fact that there are traders in that...