Recent content by fxnewby

Refco and GAIN Capital Group Announce Termination of RFXA Agreement NEW YORK, July 26 /PRNewswire-FirstCall/ -- Refco Inc. (OTC: RFXCQ - News) said today that the proposed agreement with privately held GAIN Capital Group (GAIN), under which GAIN was to acquire the Refco F/X Associates (RFXA)...

I still think you all are licking your chops over something that's yet to prove itself and have forgotten the dark history of the CME and the Globex. Liquidity will still be limited to the players on this system and you know the brokers are going to charge deep commissions for little traders...

Good to know. Where'd you find that out? Do you think that is the plan eventially?

While this may be a viable alternative to the current offerings out there I think many who are simply gushing about this should consider a bit of history here: The successful and rapidly growing forex dealers of today came into being partly because of the very inefficient operations of the...

As an official GFT representative, please know that GFT did not post this information about Refco. It is not our company practice to belittle any of our competitors or highlight negative press about them. After all, we are based in the Midwest and practice Above All Integrity throughout our...

Has anyone heard anything about FXCM or ACM? Are they freezing accounts? Doesn’t seem like they would have any liquidity providers or places to offset risk…

I guess it's because they are taking advantage of bad pricing where the technology hasn't quite kept up with the market pr thye are trying to hit a dealer on rates that or no longer valid. Just seems like that negates what "real" traders are trying to do by spending hours on learning...

Here's another nice volume and time chart I found while searching forex broker sites: http://www.gftforex.com/forex/24houraccess.asp

Your organization is an IB to FXCM. It's that simple. You should look for your business like other traditional IBs by advertising and helping to educate fx traders instead of shamelessly promoting your business. You are dealing with sophisticated people/customers, not a bunch of average Joes...

This is interesting that more than 60 percent are using other brokers to trade forex. Perhaps someone could list alternatives to ones listed in the poll above. This would help me learn about the good brokers who are trusted.

Scalpers are cheaters! Scalpers are why forex has such a bad reputation and these types of traders should be banned from trading forex anywhere...

That's a great question that took me a while to find, too. Check out the PDF file at http://www.newyorkfed.org/education/addpub/usfxm/chap3.pdf. It shows the highest time of volume as well as how the markets overlap each other. Really, it goes without saying (typing) that the highest volume is...

My recommendation is that you keep a “trading journal” while practicing with DEMO accounts so you can keep an "indicator" of yourself, your trading habits, decisions, etc. Log the times of day you trade, the reason(s) you traded, what currency pairs (stick with the majors), fundamental and...