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 Forex Trading Corner V2

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basj
post Jun 27 2008, 08:55 PM

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Hello all new with forex just started demo with oanda have few question for all SIFU here smile.gif
1) How/where do you learn to analyze those charts.
2) What is the best forex demo to learn from. Oanda sometimes stucks.

Thanks guys smile.gif
basj
post Jun 28 2008, 10:10 PM

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How to Test Your System

The fastest way to test your system is to find a charting software package where you can go back in time and move the chart forward one candle at a time. When you move your chart forward one candle at a time, you can follow your trading system rules and take your trades accordingly. Record your trading record, and BE HONEST with yourself! Record your wins, losses, average win, and average loss. If you are happy with your results then you can go on to the next stage of testing: trading live on a demo account.

Guys I get that part from babypips.com.. the question is where can I find this "Charting software package, where you can go back in time and move the chart forward one candle at a time" to train myself.. specially weekend nothing to do.. so might as well train myself wink.gif

Thanks
basj
post Jun 29 2008, 12:34 AM

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Link I just found on Charting Software ->http://www.goforex.net/forex-directory/forex-software.htm

Yes I have a demo account to learn from it..it just that it is done in real time mode... with this backtesting function you dont need to wait for the next candle to appear. And your indicator will appears as it happened..but with demo account if you scroll back in time those indicators already includes the next time frame data.... more realistic way to test/develop your trading system.. just my 0.02cent wink.gif

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