Recent content by Pie Trader

Banks will typically charge a customer about 4% per transaction, which they tie up in the spread. There is a way to transfer funds between different currencies, but you need bank accounts able to accept those currencies. For example, you live in the US but have a holiday home in Switzerland, so...

Ok, a bit of a lesson in differences between brokers. There are two types of broker firms; those that are Market Makers, and those that are ECN's. A Market Maker gets prices from the interbank market (where all trades are ultimately placed) and then decides what prices they will offer the client...

I don't know how to code an EA for MT4, but there's a great EA called VHands which allows you to replay market action! Basically, you download the data for the pair, in the timeframe you want, and then control the speed of action. You can pause the data and put indicators on the chart as usual...

I don't know how to code an EA for MT4, but there's a great EA called VHands which allows you to replay market action! Basically, you download the data for the pair, in the timeframe you want, and then control the speed of action. You can pause the data and put indicators on the chart as usual...

My recommendation: HectorTrader.com You can look at his videos that he posts on a daily basis, so you don't even have to take his course to see that he's genuine. I suggest you follow his vidoes for a couple of weeks until you feel that you can trust him. Also, the first section of his course...

IMO (in my opinion) you can try and follow indicators that other people have developed, but you will always be blindly following something that has been constructed to aid someones trading style. It is better off to learn about how markets move and levels of support and resistance, in order to...

If you hold an account with a broker, they will normally take the opposite side of the trade to you. Therefore it's in their interest if your stops get hit, so sometimes they may run prices by an extra couple of pips. Have you ever been in the situation that your stop has been hit to the pip...