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Really? Then do you know what kind of liquidity that FXOpen has with their mini lot ECN account? I read they did offer mini lots in the ECN but I have no idea how much liquidity there is out there like for the euro or aussie. Wait a minute, 1K lots. Do you mean micro lots? 100k for...

I can assume that this is adult like everyone else in the world and he can make a decision on his own. However, I wanted to point out the interest on the position outweighs potential short term benefits. When markets starts to recover after a crash, yes, the Aussie would be interesting. And I...

Haha, looks like it will hit 700. Thanks for posting that chart. :)

Let me try to express my opinions here for a minute even if people might disagree and want to debate my opinions. First, a clarification of the situation. * Greece had to accept budget reductions of 30 billion in order to take the bailout money * These budget cuts will cause a more serious...

I don't know if anyone wants to hear about my dream. But I had a dream that the euro at one point had a huge gap down and dove more for a while. So, whatever that means... :confused:

http://www.bloomberg.com/apps/news?pid=20601087&sid=atpf26BXQTVE&pos=1 They're going to try to defend the euro. HAHAHAHAHAHAHA!!! :D

No dealing desk? Doesn't that just apply to ECN accounts? Because I read that mini and micro lots do not exist in the real Forex markets. Does this mean you'll have one account for all markets like IB? In that case, will the requirements to open an account totally change?

I've already posted about FXOpen and FXclub if you want to search for my earlier posts. FXclub has rather odd software but with FXOpen, you need to do a bank wire (more complicated, expensive). Anyway, you can trade with 0.1 micro lot with FXOpen.

I watched the EUR/JPY for months. At first, I thought a moving average crossover system would work. But, after trading it for a while, I noticed some of the most peculiar things I've ever seen. #1 weird scenario: When the tankan business expectation number came out one day (I think it was...

What is the next relative low (meaning a temporary low before the price changes direction again) on the EUR/USD?

Yeah, I just noticed that. Want to hear something really funny? I just took a 200 pip profit on the euro and only used 1/10 micro lot. I only made $2. I can't believe I did that. I mean I could have made so much more. Duh. Anyway, I think I'm done working on/fine tuning my method...

I think the fact that Greece has agreed to accept austerity measures that will cause an even more severe recession does not look very positive at all for the euro. I kind of wonder whether people will start to anticipate lower demand for oil if we get another recession. The Aussie started...

When I looked at hundreds of charts for hundreds of hours I noticed retracements are usually smaller than the moves in the overall direction. So, I think a trend following approach is more realistic. But also, let's say you look at a weekly candlestick chart and see there is a trend. And...

If you mean "non-stop", I find when I'm tired I don't always make the best decisions. But trading without placing a stop loss order? When I'm in front of my computer I don't bother putting a physical stop in. But if I want to sleep and keep a position overnight or am very busy, then I will...

Maybe Al Gore can invent a new economic model that will work for the whole world. :D This does not appear to be working very well. And one of the things I read earlier today from an economic forum suggests that governments are constantly thinking short term, not long term. This suggests...

I believe we could have seen either a change in direction, a quadruple bottom or a breakout. We've seen a breakout but also pretty negative news. So, the fact that the euro hasn't plunged significantly at this point gives me the impression there is some currency intervention going on. Makes...

This situation is starting to look positively insane. I read on Bloomberg that in order to make debt payments by May 19, Greece would need the money on May 6. Now I read that Germany will vote to approve money on May 7. Meanwhile, the US stock market is continuing to go along a steady upward...

Maybe my opinion on the stock market is a bit weird becasue I thought at the bottom that prices could have gone down much lower and now I still think prices must be too expensive still if unemployment is 9.7% and housing has still not recovered, just stabilized. If we get to past highs with...

Feel free to do your CMT if you want but Jack Schwager said in Getting Started in Technical Analysis that he has looked at systems for 20 years and never found an advantage of complex mathematical formulas over simple formulas like n=7. I like that book and Ed Ponsi's book on Forex. An...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=195558 I posted some comments there on a couple of brokers. First, you posted this in the trading forum, not the brokers forum. In any case, there's at least one comment I would make and that is that you may want to avoid currency...