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Just a note: you can't rely on Metatrader backtest results. Metatrader does trade about the same in forward test via demo and in live mode (depends on the broker) with InterbankFX though you will get a few some requotes and trade errors in live trading that you won't see in demo.

Yes their matching engine is seriously screwed up and as a result IdealPro is untradeable IMO.

No. The futures have a premium built in that includes the interest the contract would earn (or pay) until expiration. As time draws close to expiration you will see the futures and the spot prices converge.

Who do "they" blame for profits? :D

And what happens when they return?

Brought tears to my eyes!

It doesn't have to be. It's more similar to mean reversion.

If you are using an average as your mean, it can be as simple as price moving away from the average by a certain amount triggering an entry. You can visualize this by plotting trading bands, or bollinger bands on your chart. When the upper or lower band is breached you could fade the move on the...

What a shock! You have to have something to share something.

Agree that the lifestyle thing is complex to work out. I spent the past few years getting into auto trading, and now have a system set up that technically runs well enough for me to be comfortable stepping away more and more and the system portion is profitable enough since turning it on to give...

Interesting comment on daytrading vs. position trading. I have found that there is no particular edge or advantage to the trader in closing out positions at a certain time of day. The market structure doesn't seem to be set up that way. It seems to run in a continuous cycle blurring days, weeks...

It is a simple trading system now. How is adding two additional items going to make it simpler?

:D P.S. What if "they" go on vacation?

Miami, I read on another board from a former Reuters employee that Reuters is just really slow at rolling anything new out and that when the proposed date was mentioned, as 2006-2007 the opinion was that it would definitely be 2007 at the earliest. Depending on how the product is...

I am so looking forward to the CME/Reuters thing paying off. But will the banks support it because it threatens to take away one of their biggest edges?

Ditto. Never had the 11 hours later bust but did have my share of problems. Globex forex futures are a fair deal, and cheaper commish wise and don't have the glitches of IdealPro. IMO IdealPro is unreliable and I think IB is technically in over their heads. Not stating that TH is making the...

It's approximately 100%. But ETers ought to try harder and give it a full 110%!

Good point about the 5 minute timeframe and shorter timeframes in general, particularly when paired with a strategy that stops into positions. Have to use it sparingly and at the right times. Intraday, forex seems to be ruled by the hourly charts and higher.

Yeah nice job. Just in time too. I was going to comment on it but slipped my mind. I got sucked in on the way down and dropped some pips. But I typically bounce back quickly. At these levels I'm scalping with a slight bullish bias. A bit higher and I might switch to selling it more but I'm still...

The Euro may need Friday to base after such a big move to the weekly. It will for sure if it wants to go up, but either way it may pause - no news to drive the market. You may get a chance to play for better position sometime during the session tomorrow if you want to scalp around your entry...