Recent content by Jackjones

Hi, I'm looking for a broker / software where I can see the order book. The one I know of is IB but I think it might be a bit much for what I need. I am just after order book data and maybe charts so I am wondering if there is any other source for this information? I am not in the US so IB...

Oanda and Metatrader (MT4) have free demo accounts and there are countless others.

Heya I've been using chart-ex as a free source of tick volumes but the updates and market cut off times seem to be fairly useless sometimes so I'm wondering if there is somewhere else I can get this kind of information?

Hi, nice thread, hope i can contribute in the future. I've been using oanda to hedge positions for a fair time now. I consider it insurance but it all depends on how i'm using them at the time. That is why I liked them to begin with, so dynamic and they give the ability to protect as well as...

So you're saying you may take a position of up to 100k lots at any one time? 1 lot = 100k 100 lots = 10000k :confused: a swing of 20 pips would break a small country... what gives? if this is true ring up a ECN broker and tell them that, they will be falling over themselves to get a...

Horses for courses! "people"

I agree that you can hedge existing positions by taking an opposite position in a correlated pair (LT) but to long/short the one pair at the same time is pointless...no exposure and twice the spread. Only other reason might be that you couldn't cut a loss and decided it might be a way to...

Hello Electric, how come you use FXCM now?

Hi viper you make very valid points about the FX market and the ability to trade it, congrats.

Just because you havn't seen it doesn't mean it isn't happening.

By professional I guess you mean they handle million dollar blances daily... i'm sure they have better things to do with their time. The others are just to humble. FX teaches you this. :p

I usually build up spot positions (long term ones) and "hedge out" some exposure during market consolidation and attempt to catch the bigger "trend". Once in a position I again hedge it to protect what I have but using box options. usually these are 7 days plus options but I also find you can...

I don't know why hedge is a dirty word in fx. I find you get the best positions out of them.