If you are getting the Metatrader error: Ordersend Error 130, it could mean a few different things are going wrong. First, it might mean your stop loss is too close to the market price. Second, it might mean your take profit is too close to the market price. And Third, if you are placing a [...]

Legendary Hedge Fund manager John Paulson made $20 billion during the economic crisis dubbed the great recession between 2007 and 2009. While many people lost their shirts Paulson aggressively shorted financials through derivative swaps. Paulson effectively made the greatest fade trade ever. He sold at the top while markets were still moving [...]

Conventional wisdom says to buy at the low and sell at the high. If only it were that easy. More experienced traders will tell you it is a matter of buying high and selling higher. Now this article will explore the differences in two types of common trading strategies that refute each [...]

If you are getting the Metatrader 4 error: Ordersend Error 134, it means you do not have enough money in your account to place an order with the given lot size. What should you do?
 
Ordersend error 134 tends to happen a lot when people code expert advisors with a money management style that increases lot [...]

I always thought that was a catchy tune at the turn of the century. The Dow Jones has now settled above 10,000 here at the end of 2009. The market was cheered when it broke through this level March 19, 1999. Its funny how things never change. If you asked anyone [...]

A new market timing theory predicts market tops and bottoms by the emergence of new moons and full moons. The theory is not exact and must be used with other indicators to be successful. However, Steven Whiteside of TheUpTrend.com, always takes note when either a full moon or a new moon presents itself. [...]

To end the second week of November the Dow Jones gained 73 points to finish at 10,270 while oil prices dropped below $77. Oil traders cited American’s decline in consumption as the main reason for the sell off. In other news JC Penny reported a whopping loss of 78% in the third quarter, [...]

The Dow Jones finished the week at its 52 week high. The stock traders have cheered recent corporate earnings indicating that the recession has eased and the economy is in recovery mode. We still want to caution although earnings beat expectations they were still significantly weak considering the massive amounts of layoffs coupled [...]

A new version of the Cowabunga Expert Advisor was released to fix a bug with the take profit levels on 11/11/2009.
 
Bug Fix:
Buy order take profits were being placed at the nearest 100 level instead of the nearest 50 & 100 level. For example, a buy at 1.4822 was taking profit at 1.4900 when it [...]

In today’s news three major companies reported future job cuts. Nokia (NOK) will cut 5,700 Johnson and Johnson (JNJ) 8,000 and HSBC (HBC) 1,700. Despite these reports the headliner for today is that the worlds greatest investor has just purchased the railroad company Burlington Northern (BNI) outright. The deal will pay [...]

The Ulcer Index is used as a risk indicator developed by Peter Martin and Byron McCann. Its name originated from a joke between the two founders that people invested in mutual funds with a high Ulcer Index rating, the more likely hood they would be unable to sleep at night and have Ulcers. [...]

The Absolute Breadth Index is a simple formula that takes the absolute value of the total number of advancing issues to declining issues. Traditionally, the NYSE has been examined, but this can be applied to any market. The higher the number the more volatility would be implied.
 
For Example: If there are 500 [...]

The stock market rose higher on its first trading day of November. This comes following a weekend in which nine banks were seized by the government and the FDIC’s balance sheet now stands in the red.
 
It is incredible how the stock market continues to shake of the bad news with any positives [...]

With the closure of nine banks in California, Illionis, Texas, and Arizona the FDIC is now in the red. The FDIC is now out of funds and will be borrowing from the Federal Government. Likely the bailout money will be going to the FDIC. This is probably the best use of the [...]

It is true $2 billion is less than 2% of the total bailout funds the government has been granted. But to completely waste it so that it has no effect on the economy is inexcusable.
 
This is just what Timothy Geithner and the Federal government effectively did with their aid to CIT group. [...]

The Trade Machine will be publishing regular results of the new CowabungaEA-by-TheTradeMachine. If you have not read the first post, please check it out here:
 
Cowabunga Expert Advisor by The Trade Machine
 
You can download the Cowabunga expert advisor for free and see real time live results of this automated system by following the above link.
 
 
Todays [...]

Do you have a trading system that you would like to make into an expert advisor, but don’t have the time to learn how to program it? If you have a mechanical trading system that can be broken down into trading rules, then The Trade Machine can build a full-featured trading system just for [...]

Today was a significant day in the markets. The Dow Jones is down 100 points along with Oil and the EUR/USD taking a hit. The 3 month long rally in US stocks was accompanied with a sell off in the dollar and consequently an increase in oil prices. Currently Gold and the [...]

October 19th, 1987 The Stock Market dropped a staggering 22% in one day. This occurred on a Monday and is also referred to as the Black Swan. The movements in the market that day were equivalent to how trading would have looked over the course of a whole year. I interviewed a [...]

The US Stock Market Volatility is starting to ramp up. With the recent report of 3.5% increase in GDP the market celebrated with a strong run up of 200 points. This still left the DOW slightly below 10,000 the magical number. The following day weak consumer reports triggered a sell off of [...]

TheTradeMachine.com is happy to announce the launching of the new Cowabunga Expert Advisor based from the Cowabunga System by PipSurfer as published on Babypips.com.
 
We’ve decided to put the Cowabunga trading system to the test by coding an EA. You can download your own copy with user manual below!
 
 
Free Expert Advisor
 
We are offering the Cowabunga [...]

It has been a crazy past two years and the climax may yet to have arrived. Since the financial crisis started Gold has run up and eclipsed the $1,000 per ounce mark. Detroit housing is failing to sell at even $500 a parcel and one of Bernard Madoff’s closest friend passed away today. [...]

ATC Brokers – Has a high $3,500 minimum balance to open.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: USA
 
Metatrader Trading Platform: YES
 
ECN Broker: YES
 
Minimum Lot Size: $10,000
 
Leverage Offered: 1:100
 
Spreads on the Majors: 2-3
 
Regulated By: NFA and CTFC
 
(Glossary of the following terms are at [...]

Gallant FX – This USA based broker offers free VPS hosting for accounts of all sizes. I am unsure about the quality of the VPS hosting, but this is a very nice perk.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: USA
 
Metatrader [...]

MIG investments – There is a high $5,000 minimum account balance to open.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: Switzerland
 
Metatrader Trading Platform: YES
 
ECN Broker: NO
 
Minimum Lot Size: $10,000
 
Leverage Offered: 1:200
 
Spreads on the Majors: 2-3
 
Regulated By: KPMG and ARIF
 
(Glossary of the [...]