1
Forex Partial Close in MT4 platform (Manual and Automated)
2
Hiding Stop Loss and Take Profit on Trades From Multiple Currency Pairs at the Same Time
3
Forex Trade Executed Without Price Touching It? Possibly it’s just a misunderstanding
4
How to Program MT4 to Re-Enter the Market After a Pullback
5
To Autotrade or Not To Autotrade? That is the Question
6
Forex Procrastination and Jumping From One Trading Strategy to Another
7
Get More Sleep When Trading FOREX Range Bound Strategies
8
Human Trader vs. Forex Robot Pros and Cons List
9
How to Read and Understand Forex Candlestick Charts
10
Top Ways Forex Brokers Try to Trick and Cheat You

Forex Partial Close in MT4 platform (Manual and Automated)

Let’s talk Partial Close (a.k.a. scaling out of position). I will explain how you can close position partially in MetaTrader 4 platform and give you an opportunity to have automated Partial Close (for a limited time I give you my Partial Close EA as a gift. Details below).

I am sure you already know what Partial Close is, but in case you haven’t heard of it before let me explain.

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Hiding Stop Loss and Take Profit on Trades From Multiple Currency Pairs at the Same Time

Not showing your Stop Loss and Take Profit value to broker is fairly easy no matter what trading platform you are using. Simply you just do not set SL/TP values and no one will see it. Broker will not know about it and you can manually close the trade whenever you want. Broker will not know where your stop loss level is and they will not be able to “hunt” it. However, you won’t be able to watch after your trades 24 hours a day and this is where you need help from a special MetaTrader 4 app.

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Forex Trade Executed Without Price Touching It? Possibly it’s just a misunderstanding

Over the last few years I have received and answered literally thousands of emails to my customers and one of the most interesting questions I get was this.

My BUY trade was triggered without price reaching the buy line or pending order. What would cause a trade to trigger early and how I can avoid it?

This is actually just a simple misunderstanding, but I found that a lot of people do not know about this, so I feel obliged to explain this.

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How to Program MT4 to Re-Enter the Market After a Pullback

Hi, Rimantas Petrauskas here. Forex trader and a programmer with 16 years of experience.

There is this saying among Forex traders “The trend is your friend until it bends”. I assume this means that when you are in a trade and the trend reverses you get into drawdown and that’s where things get messy.

But what if you enter the market only in the direction of the trend and only if it shows you signs that it will continue to go that way? In other words you would not enter the market if the price reversed and did not go in the same direction.

In this video I am going to show you how you can re-enter the market in the direction of the trend after a pullback and also how you can program your MT4 platform to do this for you.

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Forex Procrastination and Jumping From One Trading Strategy to Another

Procrastination? Ohhh, I know this feeling so well it even hurts to write these words. Procrastination is one of the biggest problems in the world when we speak about achieving goals and checking items from our to-do lists in any area of our lives. No difference in Forex. There are so many things to learn, yet not all of them are effective and useful. Some might even hurt your knowledge.

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Get More Sleep When Trading FOREX Range Bound Strategies

*** Video Transcript ***

Hey, it’s Rimantas Petrauskas here and in this video I wanted to explain to you how to use range bouncing strategies to trade forex. You can do this manually or with the help of a special tool called the Stealth EA.

I will demonstrate you how I use this tool to trade range bound markets, what price levels I use, the benefits of hidden pending orders and why using semi-automated trading tools can give you more sleep or free time.

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Human Trader vs. Forex Robot Pros and Cons List

Forex traders always debate which trading method is better: is it trading the financial markets manually or is it better to use trading robots?

Many people might be very stubborn about this regardless on which side they choose, so before I give you the pros and cons of a human trader and a trading robot let me give you few words about the robots as a big picture.

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How to Read and Understand Forex Candlestick Charts

Candlestick trading is not something that I am actively involved with.  My personal style of trading is based upon price breakouts like what is used on my VavaTrade robot.  But there are tons of traders out there who trade and swear by these patterns.  Let’s take a look at many of the most common patterns and see how we can use them in our day-to-day trading to find better entry points.

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Top Ways Forex Brokers Try to Trick and Cheat You

As traders, we are forced to rely upon Forex brokers to be able to trade.  Without them we would have no way of placing orders and no way of earning money.  The trouble is that there are some bad brokers out there in the world, and likely there are more bad brokers than there are good forex brokers.  You need to carefully evaluate and sort through several different brokers to find the right one sometimes.

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Copyright © 2009-2015. Rimantas Petrauskas | Purchase Policy | Privacy Policy
U.S. Government Required Disclaimer - Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer. Neither us, nor our affiliates or associates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.
*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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Learn How to Identify Forex Scams

Subscribe to My Weekly Newsletter and I will send you a free copy of my content-packed eBook ($49 value) that will teach you how to identify Forex scams.

100% Secure. Your privacy is important to me and when you give me your name and email, I will protect it like it was my own, never share it with others, and only send you what you have asked for.