brtan

Re: The Oil Biz

But this method needs certain experience on when not to take the signal. If you go to the author's website, you can see that he sometimes post as a no trade. This is difficult.

Re: pyramiding

I agree that pyramiding is not simple. To share with you my experience. I have a 1k live acct attached with Pointbreak. It hit margin last year Aug 08.

Re: Hedging is out

I have moved out of ibfx. I am currently with FXPro. Hedging is totally allowed

Re: When You First Entered The Forex World . . .

My first encounter in the forex world was with a martigale ea. earn 20% within 2 weeks and crashed my acct on the 3rd week. Very painful.

But I learned along the way. That was 3 yrs ago. Today I do not dare to touch martigale ea anymore

Re: Money from Forex?

I think is possible to earn but its the amount of returns you expect vs your capital.

Re: I am just wondering?

After buying a few EAs and attending manual trading course, I think they are making a lot of money even when their strategies does not work as claimed.

Re: FIFO Rule

I think IBFX has mentioned recently that FIFO will only impose for same lotsize same currency. So I planning to change my ea to auto increment 0.01 lots as a work around

Re: Scalping...is this a waste of time or can you....

I have tried a few 5 mins scalping manual system. It is definitely not simple. If you trade during asian time .. the movement can be very slow and once you missed the signal you might not have a lot of entries. London and US session I tried without much success till now

Re: Technical Analysis for Beginners

Just my 2 cents view, I am also a beginner. I am reading books on technical analysis. If not I cannot understand the seniors discussion. Maybe thats a way to start.

- Moving Averages

- RSI

- Fibo

- How to calculate pivot, R1, S1