You trade very dynamically. You have 250-300 trades monthly, only with EUR/USD. Why do you trade with this currency pair only?

  I trade mostly with EUR/USD, because I can easily find plenty of information about these two currencies. I also trade with AUD/JPY, but only for the rollover interest.

  Your trade quantities vary from 1 to 160 lots, most often 20, 30 and 50 lots. How do you decide what will the trade quantity be?

  The trade quantity depends only on the availability in my account. I am trying to trade with 50 lots per trade recently. Usually, I would “accumulate” a position when the prices are against me - this is where the large number of trades comes from. Trades under 10 lots I place for testing purposes only.

  Last month you shared with us that you apply mainly technical analysis. Do you rely on the conventional or on the wave analysis mainly? Which methods and instruments of the respective type of analysis do you apply?

  I apply conventional analysis - only channels, figures and trend lines. I do not use indicators such as RSI and MACD, although I keep an eye on them.
  And regarding the Elliot Wave Analyses - I can read them and I can determinate whether they are correct, but I cannot prepare it myself.

  Have you created and integrated your own indicators in the Chart module of Delta Trading and if it is not a secret would you share them with us?

  No, I haven’t :-). I only follow the RSI and MACD.

  There are plenty of books dedicated on technical analysis. What authors and books would you recommend for beginners in Forex trading?

  My favorite book is “Technical Analysis Plain & Simple: Charting the Markets in Your Language” by Michael Kahn. Another good book is “Getting Started in Technical Analysis” by Jack D. Schwage, but the interesting chapters there are not at all for beginners.

  You use Deltastock’s proprietary Application Programming Interface (API) as which was recently offered to clients. What do you think about the API and how does is help you? Do you think that the computer is a better trader than a person?

  I am using the API only for the calculation of one index and my purpose is to obtain price data for 5-6 currency pairs. I do not use the API for trading. It is said that more than 50% of the speculative trading on the Forex market is done by machines, but for now I wouldn't trust a computer to trade for me.
  Let's not forget that the crash of the US Exchanges in 1987 was entirely caused by computers :-)