EA?

ea cannot be trust

backtest only, forward test is unknown

whats the difference between backtest and front test ?

Backtest mean u use the tools in mt4. try to run the EA from something like 20Jan08 until 20Jan09. Mean you test all the data since the past.

While forward testing mean you attached the EA to your mt4 and run it from day to day, it is time consuming and quite a hard work.

But backtest result always vary from forward test result, and it can vary alot especially those scalping, martingale based EA.

1/22/2009 - USD/JPY - Price action on the USD/JPY (a daily chart of which is shown) has just made a precise double-test of the pair's 13-year low that was recently established in mid-December 2008. This extreme support level resides just a few pips above the 87.00 mark. Wednesday's price bar (1/22/2008) descended all the way down to this level, was summarily rejected, and then ended up closing around 89.50. Thursday's bar, as of the morning, is showing some of the same nature as Wednesday's bar. More likely than not, this pair should be seeing a consolidation above the 87.00 support. The obvious event to watch for is any major break below 87.00, which would put the pair in essentially unprecedented territory. A substantial breakdown of this level would likely carry enough bearish momentum to take the pair down at least to the 85.00 region. To the upside, the 91.00 support/resistance region remains as key intermediate resistance for the time being. And, of course, an actual double bottom reversal would only be confirmed on a substantial break above the swing high peak around 94.60.

Do you guys have issues logging in to FXCM or Thinkorswim to trade? My connection using streamyx sucks at my home when trading, I hate it when I trade. Is jaring better or Maxis wireless better to log in these accounts? By the way, I haven't tried other brokers yet, which one works very good in west malaysia?

Do you guys have issues logging in to FXCM or Thinkorswim to trade? My connection using streamyx sucks at my home when trading, I hate it when I trade. Is jaring better or Maxis wireless better to log in these accounts? By the way, I haven't tried other brokers yet, which one works very good in west malaysia?

Based on image 1: yup, it is testing Fibo 23.6 fibo level. Just that.
Image 2: Signal more clearer if drew TL and it is forming symmetrical triangle. Just wait for breakout.
Fibo 61.8 will serve strong resistance. retracement may occur at fibo 31.8 & 50. Just watch for stoch indicator

GBP/JPY