We have finally closed our last 3 positions opened last month and being on the up and down game due to the holidays, good pips in the pocket. Now it's time to sit back a bit and study the charts and see waves where they're heading too. There is still too little volume to ride on the edge, lets catch the next move wisely and pocket some more pips.
I have done some search about VPS for trading FX in the last few days to minimize the slippage some traders have when subscribing to signals on MT plataform and placing their trades. A windows vps is a must. Although is possible to install and run MT in Linux, it is a hassle to get it accomplished and we rather stick with simple and straight forward Windows installation of MT.
Let me state here that I have no part in any circumstances with the VPS provider and Oanda other than being a client with them and using their services. I make no profit nor I want to intermediate your matter with them.
I will only recommend services that I have used and proven to be good providers.
The Windows VPS provider servers are located in NY/NJ and price is $10 month/recurring with a coupon discount at sign up. For this price you can setup your FX VPS and have slippages minimized as far as copying signals.
If you do have Oanda and subscribe to my signal, I strong recommend this setup.
The advantage of having a VPS for FX when subscribing to a signal is that you don't need to worry about leaving your home/office computer running 24/7. You do not have to worry about power outages, latency, slippages (minimized depending on broker). Running a vps you can install your MT4, sign up and it will run and enter/exit trades as the signals are sent. You can connect to you VPS from anywhere using Remote Desktop in your computer or smart phone.
Hello there, Christmas and New years eve are right around the corner. I'm not expecting much going on in these days as the world market will cool and will not provide us with much liquidity to safely place profitable trades...
My system trade is a manual system based on volume, stochastic and sma. I called it Riding on the Edge, I trade mainly EUR/USD , USD/JPY, EUR/JPY and GPB/USD pairs. I avoid trading during news due to the market getting crazy and also try not to be in a trade when news happen. You MUST USE MONEY MANAGEMENT WISELY. If you have any questions/suggestions/problems you can email me.