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you might be okay...i'm long from 234.30 based on a daily chart so i'm starting to feel the burn. my stop is in 233.40 area; limit in 236.00 area. if price turns back to the upside on a 4-hour chart (the timeframe i use to tweak my entries relative to a daily) then i'll add to my existing...

i think there might be some follow through to the downside but not before it tries to go higher again at this point (currently trading @ .8155 at the time of this writing). what i'm waiting to see is if the buyers come back in an attempt to see price go higher. if that attempt fails then i'd...

nope, no go...i covered this position @ 1.2227. i'm not going to wait for it to hit my stop. today's price action was completely out of line with what i was expecting in order for this trade to work out. i saved my self some money so that i can spend it on the next trade...haha. :-)

i'm in the fray again with this pair. this is a late post (i forgot that i didn't post after taking the trade). nevertheless, the pair is trading at a higher price now relative to where i shorted. short @ 1.2144; stop in 1.2250 area, limit n 1.1935 area. if the daily sets up for me...

stopped out...just wasn't meant to be.

yeh, no retail direct. futures brokerages can use it as another source for clearing their client trades but we wouldn't have direct access to it.

for some reason my entry price in the subject field of the original post a few days ago didn't show...i'm long from 1.9640

i agree and disagree... the cost is relative depending on how a trader trades. you're right, it will add up to quite a bit and may significantly eat into your potential profits especially if you're scalping or trading very actively. using myself as an example, i typically identify moves...

no dealing desk platform is fine...it's the no holds barred market so if you're experienced with trading other markets then this will be more in line with what one would expect. overall, i still get better fills than what i would typically get trading equities/options especially around...

stop in 1.9575 area; limit in 1.9770 area let's see if traders want to retest the 1.9800 level.

ummm, CHF hasn't been backed by gold in over 7 years... http://query.nytimes.com/gst/fullpage.html?res=9D06E4DA1E3BF93AA25757C0A96F958260 it's stable due to political and economic stability...definitely not due to gold.

i haven't had any issues with them. but relative to other market makers i have accounts with they do tend to slip more often. in other words, in relative terms given the same circumstances they tend to experience slippage more readily.

a couple of things... -"profit" is not a dirty word. -criminals wouldn't post ill-gotten gains on the public-domain unless they want the NFA to raid their offices and shut down their business just because a business is successful, doesn't mean they're unethical. i run a successful...

one should expect that a possiblity at times especially around news events. the amount of slippage will vary depending on the amount of liquidity the market maker has access to for its clients. generally speaking, the bigger the market maker the more liquidity they have access to based on...

i trade off of daily charts. this has the benefit of identifying trades that may take a few days to develop. it's low maintenance and you can take your time with analyzing the market by only having to check it at least once a day. this is good if you have a full-time job. it also has the...

hahaha...yeh, don't i know it. but still, looking back on the overnight action i really don't belive that i would've been able to sleep at night if i held onto it. the good news is that at least i know my analysis is on point...the bad news is that sometimes i don't trust it...hahaha.

i changed my mind on this trade. i covered my short at 1.1782 for a small loss. what i thought was good timing for the trade turned out to be too early. i agree that there is still downside bias to this pair and hopefully when i wake up in the morning there will still be an opportunity to...

a resounding no from me too. it's no easier to trade than any other market. you still need to learn the craft and apply it successfully. let's put it this way, if you can't trade any other market successfully then trading the currency market will not change anything. you still need to put...

i pretty much agree...i have experience trading equities, equity options and currencies. i also find the currency market to me much more interesting because of its global nature. from a trading standpoint i enjoy the 24-hour nature of it and from a technical analysis perspective it lends to...

short USDCAD @ 1.1745; stop in 1.1835 area, limit in 1.1560 area despite the larger upward momentum the past couple of weeks, i believe there might be some leftover selling pressure due to signs of a shorter-term bearish reversal. as always, i'm covering this with any signs of unusual...