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Hi all, I want to start testing my system with real money and I been considering which broker to use. I trade only forex but might go to stocks and futures in the futures. I read some good reviews on oanda but had an account with IB on stocks and also liked them. Oanda: Reasons to take: 1)...

Hi all, I've recently been testing a system that averages ,after diminishing commision and sllipage, about 1 pip per day. I'd say it's always good to be in profit but now I have to decide wether to invest more time and money in this sytsem. Since i've figured that with the money i currently...

Hello everyone, I've recently developed an ATS that's trades soley the UDS/JPY. This system was tested on a 1 minute data, and on a one tick data, with the result of 3.1 pips per trade (before spreads) and 3-5 trades per day. First of all is this a good enough result to ever really work in...

Hello all, SIA for the ignorance, but how do I connect the AHG chat room, what the address, if it's an IRC on which server it is? and, does anyone can join or you need an invetation? TIA amit

AustinP I agree with you but I must say that the last couple of days were just amazing to me, days where if you have enough diciplane it's really hard to lose money. Here's an example of one trade I made today, a perfect PA trade, and a good one, I must admit, in terms of entry and exit too...

I've seen this article before and as someone else mentioned here, HA is not an holy grail or anything, but used wisely as a vusial aid it might improve your trading tremendously, it did improve mine.

Hi, ES is indeed smoother then the SPY mainly because of the spread (0.25 versus 0.1). But basicly they move the same by the tick. The main advantge of the SPY by this is that usually your stops should be lower and you will have better fills (most of the time you'll earn about 2-3 cents in the...

Yeah, don't think i have ever seen a day with such big range and so litle trading opportunities

Nice Trade! I also used the same formation in the ES today for a good trade, what halped me decide to take the trade ,though, was not the Fib line but the failure of price to break the downtrend line (see picture)

For the 3's thing that was me, and I'm amazed almost every day how true it is. secondly, my biggest problem, i think, is the ability to ride big waves. I'm actually doing a lot better in narrow range days where somtimes I even get 70-80% of the daily range, but in the big 20-30 ES points days...

Hi all, 2 small question about IB. 1) what's the diffrence between "Cash", and "Net Liquidation Value"? And which one of them am I able to withdraw? 2) Do Bundled commisions traders get liquidity rebates and if so, what are the rates? TIA Amit

Not only that I got wiped at this DB (small lose on short as I expected a break of the S which didn't happen) I didn't have the guts to go long at the higher low since my system didn't signal. Hindsight, trully sorry not only it was a good DB it was a perfect dragon formation which is very...

Totally agree, as I traded the ES I've written down all possible trade according to my system and saw that most of them make 2-2.25 points so I decided to set my target there (1.75-2 points) and since my stop is usually 1.75-2.5 that's makes a good enough R/R. After a while when I felt more...

This was actually a very bad trade as your entry was after a pretty long down move, you should have waited for a retracment or at least use a larger stop. One of the things that made my trading much more successful was the disiplane to wait for a big retrecment before entring (and by big I mean...

Rolex Trader and TX, Thanks for your comments. Rolex, it does seem like 5 waves but the first one (which I didn't count) didn't make a lower low (it was actually a nice H&S formation) so I didn't count it as a part of the trend, but you should know that the more waves the highest probability...

I know you guys love to trade almost any S/R but I prefer setups with hight probability. Here's an example from today for a setup that rarely fails. A setup I learned from Bill (AKA Bilbod) one of the best traders here and a nice guy too. Anyways he says that after 3 waves in the direction of...

Hi all, First of all I'd like to thank susana for this journal. Using the info here and in JJvrat thread my trading improved drasticlly and I'm really happy with that. Aswering some questions. First of all about the SPY, I still trade it from time to time. It has it's advantages, one of them...

Hi, I'm using fixed profit targets most of the time which I find to be more comfortable with. Yes I trade less better then Susana and other people here but I feel that with time I'll learn to improve my exits , also I'm still able to average my 4-6 points every day so nothing to complain about...

I agree on the fast and reliable part and also add that it's very easy to use. But the lack of any good order entry system is really making me think to move to NT completely, spcially since version 6.5.

Here's a good example why you should keep lines even if they were broken in past days (and as other mentioned makes them even more important). I didn't trade today and only now looked at the chart of today, all lines were drawn in previous days based on their's S/R. Notice how the down move...