August 2011

How to Track Forex Trading Strategies in MT4i

by Hugh Kimura on August 29, 2011

I was thinking that I have to create different accounts to track different strategies and it was something that I was dreading. However, in going through the functions of MT4i today, I discovered that I am able to designate the strategy that I used on a trade to track the […]

Trading Notes for Aug. 25, 2011

by Hugh Kimura on August 25, 2011

Hello Traders, here are a few trades that I took in a demo account.  While my primary backtesting has been in the 1 hour Wallaby, there are a couple of trades that I have been watching.  The first one is the AUDJPY pair.  In this post I mentioned that I […]

Gold Goes Parabolic But Can It Hold?

by Hugh Kimura on August 22, 2011

Gold went to a high of $1,917.90 today, according the to the continuous Gold Futures chart in Broco Trader.  That is the highest is has ever been, showing a flight to safety  in this time of budget woes.  According to this article on Bloomberg, central banks are adding to their […]

Metatrader 5 iPhone App (Build 485) Review

by Hugh Kimura on August 19, 2011

In my first review of the Metarader 5 iPhone app, wasn’t too impressed.  It was slow and didn’t have too many charting features.  Not that it was terrible though.  In reality, that is pretty much par for the course. Most apps can give you good quotes and a few decent […]

The Pros and Cons of Trading Forex

by Hugh Kimura on August 17, 2011 · 1 comment

I was fortunate enough to have a reader email me on one of my previous posts. He shared with me a list that he created when he first got into Forex trading that outlines the pros and cons of trading. I thought it was a great list and he agreed to let me share it with you, so check it out and compare it with your own list. He even managed to work in a zombie apocalypse as a reason to trade Forex. Believe me, it’s a valid point.

My Backtesting Notes For Tonight

by Hugh Kimura on August 15, 2011 · 4 comments

Tonight I am fine tuning the Wallaby Trade that I have been testing. There were a couple of things about the 15 minute time frame that did not agree with me, so find out what I am doing to change that. Find out which time frame I am going to be using now and why I will not be providing detailed testing results until after I have tested 10 years worth of data.

Is Forex Still Shady?

by Hugh Kimura on August 12, 2011 · 2 comments

Forex is the new kid on the block when it comes to retail online trading. Stocks, future and options trading has been around for years, but actually having access to the foreign exchange markets is a relatively recent occurrence. The result has been loose regulation and anyone being able to claim that they are an expert. Laws have been getting stricter, but are the scammers still out there?