Recent content by jpadventure

  1. J

    Slippage and requotes

    I've only had requotes through various demos and won't accept them. I don't believe these brokers will last long if they don't have enough liquidity to fill an order. I get 1- 1.5 pip spread and 2-5 pip skid is common. Anything higher should have an obvious source, like a Greece thing for...
  2. J

    Are there brokers that benefit from it's users winning?

    Don't accept re-quotes and don't accept any limitations to trading. Plenty brokers don't interfere. Don't believe the hype either, if you suspect manipulation test it, don't assume. You may be surprised. Concentrate on developing a winning strategy and deal with real/imagined manipulation...
  3. J

    London Forex Open Breakout Indicator System

    Well done for 2011, how about posting a broker's statement?
  4. J

    Anybody a successful scalper?

    I thought that strategy blew two live accounts. The problem I have with taking small wins is that slippage cannot be accounted for. 5 pips slip is sadly common on exiting, if the target was 20 pips with 10 stop loss work out the percentage of slippage. Imagine it against you.
  5. J

    Absolute useful knowledge/experience

    Create beneficial beliefs, Trade the trend, Understand cycles + multiple time frames.
  6. J

    What more can you ask from a money manager? client live trade history shown. =)

    Websites are free these days. Your proof suggests, 1k = 5 lot and a lot of inconsistency. Help yourself out a bit and provide more details. : )
  7. J

    What more can you ask from a money manager? client live trade history shown. =)

    I'd like to see more than a single months statement. What % risk was that $1,000 loss at?
  8. J

    IG Index - Fraud by failing to disclose information. Spread Betting Company

    Tell everybody, shout it from the rooftops.
  9. J

    Candlesticks confusion

    "First I thought I'd test what I'd learnt about candlestick patterns and what signals they give, whether the market is bullish, bearish etc. It seemed to work for a while but now I just seem to be getting wipe out all the time." 1 Price trends and ranges, it's important to keep with the...
  10. J

    FX Education sites

    Helpful for analyzing charts james16 Chart Thread @ Forex Factory Valuable videos in the guest area James 16 Group Join free members area of chrislori.com Firmer education here Trading Underground::Welcome Learn necessary skills here Trading Education Also...
  11. J

    The'a'system !!!

    Hi, help me understand some things. From your trade examples you have a constant 600 pip stop loss and a 300 take profit, that's more like 0.5 RR, how is that 2-1 RR? Why do you have such wide stops when trading the 1hr chart, would it be more suitable to a monthly? When you say you...
  12. J

    Can we build a better broker?

    Regulation to me means; an independent body, who will fight your case on your behalf if it becomes necessary. Don't have to use the normal guys to have that option. There are at least two brokers who claim they are "for the people". Seems like a marketing thing, but time will tell. I hope...
  13. J

    Currently Loser, Successful before

    Stops are fine, they don't get hit when I'm right. Best guy in my opinion is Van Tharp, he would of advised you to test your method thoroughly, knowing the expected return and average wins/losses will notify you when the method is failing. Also having a maximum % drawdown, when reached you...
  14. J

    Got stopped out for no reason!!

    Stop moving your stop backwards! : ) As you probably know, when you short - you haven't paid the spread yet, you pay it on exit. When price gets close to your stop, it'll trigger early to pay the spread, and 8 pips on a cross pair seems feasible.
  15. J

    Is Forex Trading just gambling?

    Poker is not gambling, there is a given probability with each hand. If you know the odds, you can bet sensibly. Able to see if you have a 1 in 5 chance or if you have the best possible hand (of course the other person may also have the best hand at the same time). Like wise, if you've...
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