Forex rebates on every trade - win or lose!

Not all bad at all

Sue, I hope you got your email yesterday - I do not have the greatest faith in MoneyAM's email system :-)

Email also just sent to John.

I was reading something about the trading sessions and was not sure when each started/finished. I dug this up, is it about right

The schedule of trading sessions on FOREX
Region City GMT TIME
Opening Closing
Asia Tokyo 0:00 8:00
Europe London 7:00 16:00
America NY 13:00 22:00
Oceania Sidney 20:00 04:00

Try reading this, Jeffie.

In addition there's a strategy on the market called ProFX which is designed to trade cable during the European morning and US opening session. Personally I think the indicators which make up the strategy are cr@p but the time part of it is actually very valid.

Thks Hillypops

qwento

Yes thank you - apologies have been out of office doing that dreaded work thing!!

As far as I see it - I need to use it for a week & then resign?

I will try it when I have a spare week!

Thanks

test - sorry

As you might remember I had a problem with ODL crashing. So I reinstalled at the weekend and it is now working OK. Only problem is that after startining ODL and then starting Alpari, Alpari is crashing with the same type of problem I had with ODL. It seems that on my PC Alpari and ODL cant work properly when both open at the same time.

Anyone else have that problem or do you use only one MT4 suplier at one time.

I have both Alpari live (classic) and Alpari demo running on my machine Jeff without problems. I assume they are both installed into completely separate directories?

edit - I had to make sure I specified a different directory otherwise they would have installed into the same directory.

I'm looking at having and ODL a/c as well so will be interested to hear what you find out.

SC
I assume Alpari classic and Alpari micro are the same. It seemed to my brief reading that the more frequent traders were put on classic and the rest on micro. I am on micro.

Just seems to be how many positions you can have open and how many lots you want. I'm not a major league player though :-)

I run multiple instances for different brokers on 1 machine, Jeff. Alpari, ODL and an IBFX managed account for a Canadian. I'm running a total of 24 EAs together plus indis.

There are no problems, so I guess you've broken it.

:o)

It might be something to do with latest Build 221. Just a thought, and possibly wide of the mark.

24 ESs, you have been a busy girl

Jeff, our Hil is not one to put her feet up on the desk when there's work to be done.

No, you'd never catch me with my feet up on the desk.

:o)

see usd/jpy up in the 98 area again, interesting area by the look of the candles on weekly charts!

Out of interest, does anybody here use Martingale for trading currencies?

no, only used to used it years ago playing roulette

It's alien to me, Gofe, because it breaks my Golden Rule #1 of adding to a losing position (and to make matters worse at an increased position size).

I'm trying to get my head around it though because the person in Canada whose account I've recently been managing insists on running a Martingale system of his own on CHF/JPY and I'm not really happy about it.

Fortunately he's only talking about peanuts as a percentage of his pot (a fraction of 1% generally), but I was trying to work out how much damage that could still inflict or whether it was actually safe. Last night he had 7 or 8 open losing positions with the last position being about 26 times the size of the first position which increased the risk substantially. Then, lo and behold, the last position reached profit which invoked closing the other losing positions and the overall result was a net win.

What happens if a position keeps moving against you for a long time, does he use a stoploss eventually. dont think i've added to a loosing position since the turn of the century!

Used to go to a casino in portugal back in the 70's as a youngster, hadn't heard of martingale then, just watched the roulette table and thought to play colours or evens after a run of three, going other way. pretty boring really, blackjack alot more fun, drinks were free!