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Do you use rolling or set pivot levels for forex? For example, for week levels -- if it is Wednesday, do you have levels marked from the week of Monday through Friday or the week from Wednesday to Tuesday? I use levels from the Mon thru Fri week, but I have seen that TOS uses rolling pivots...

Thank you for your answer. How would someone be able to get these kinds of spreads? Would they have to have a minimum amount of managed capital (such as several hundred thousand or millions) or something? Again, I appreciate any input on fx brokers.

Where can I find the lowest spreads on the EUR/USD from a solid, reputable broker? So far the best I have seen is TOS (2 pips), Oanda (0.9), and IB. What else should I look into? I would appreciate any links to similar threads, or any other forex brokerage information you could offer...

I've been scalping on a paper account for a while. I know that fills are far different (especially as accounts get bigger), and can begin to have plenty of slippage. Any scalpers here have numerical liquidity specifications? For a rough example, I figured my maximum lot size for a market...

ha!

What are the best pairs to daytrade outside of London hours? I live on the East Coast, and waking up in time to trade stocks at 9:30 only gives me about 3.5 solid trading hours on the EUR/USD. I am also entering college next week, so you can see my daytrading times need to be extended. I...

Couple simple ideas. Women are more naturally emotionally-oriented than rationally-oriented. Women like to have fun. I see few women wanting to sit at a screen all day and study bollinger bands on a bunch of numbers. That kind of mental discipline this field takes. They may be a bit...

It did, thanks! I appreciate all your answers.

Thank you, Jlbonani.

Where do you trade to get low enough commissions for that strategy? IB?

Btw, besides basic trendlines, channels and support/resistance, I see tons of triangles and similar variations (pennants, wedges). Many of my best intraday plays (30 min to hours) have come off triangle breakouts out of support/resistance/channels.

What are the best threads here on ET? I haven't been on here actively for a long period of time, but there have been a few I've found very helpful, such as "SPX Credit Spread Trader" and "Intraday FX Player." What are your favorites? I am personally looking for educational and/or insightful...

I think I will look into that as well. Thank you. Greg

Wow! Let me know when you go on vacation, so I can plan on lower volume, haha. My current journal plan is to have a reflection journal, which will have a paragraph overview of my day. I also have a trading journal I update every hour that lists my position, reason for entering...

That was the reason why I asked it here. I already had a scalping forum up, and a few subscribers that would reply.

For those of you who enter 20 or more trades per day -- do you still fill out a journal entry for every trade, or do you do something more like reflecting on the day at the end, or what do you do? Thanks.

Ah, that's what I figured for RT. I agree with you all as well on forex. Being open 24 hours also helps me as a trader in college, as well as the better tax structure and lack of daytrading limits. I will go back to stocks and indices eventually (I didn't do bad trading options on indices)...

This probably sounds like a real newbie question, but I guess it would sound stupider when I'm a pro and don't know this. What does RT stand for? Is it total positions? Thanks.

My broker explained to me that their charts only plot the best bid price at any given time, and not the last or the marks. Are all currency charts like this? Thanks

Hmm, interesting. Thank you for your answer.