Search results

yeah tell me about it. my friend's aunt had an account and let someone manage $$ on ibfx.. the account dropped 80% in less than 2 weeks. they asked me for my help to recover, and i can tell you from tick data that they completely screw you. When you are long a position, they feed you a price...

You should look into financial econometrics.. time-series analysis, GARCH, decomposition, regression, etc.

It was successful trade..nice 17 pips.. wolfe waves don't appear often, but when there is a nice formation and the market sentiment favors the bullish/bearish trend of the wolfewave.. there will be a run up on the 5th wave :)

GBPJPY to 162.00 buy-stop 375,000@161.69! take profit 162.00

most he locked on that t/s is 1 pip lol wolfe-wave set-up on gbpusd attached

bullish wolfe wave on gbpusd.. 5th leg starting up..

Every time you make a trade, get a handle for how much you want to loose from the trade and how much you want to gain (that you are OK with) adjusting your stops just means you leave yourself open for it to get worse... When I make my trades, I set my take profit, stop-loss, SET&FORGET! go...

:eek: you broke the golden rule... never adjust your stops!

Too soon to say. right now at very integral moment. i would short @ .8359, take profit .8319. but right now is TOO soon to enter.. break above 0.8424 makes me bullish but cautious. Another break above 0.8469(i would enter here). could lead to 0.8537(take profit here) to 0.8646(take...

Btw. when you guys get the chance go to the dukascopy website and check out the cartoons they have.. especially about taking profit! very hilarious!

Boy are you going to be dissapointed..

I am glad I am not the only one with their eyes glued to the ticker :p

Anywhere between 3.8-to-5. Depends on the volume size in $. You get better discounts

it's going to 1.4535. Key levels at play. Next one is at 1.4535. It's been bouncing off because a lot of "good traders" missed their long-entry.. so they shorted it down low, people bought in on the dip, went back up, sold this positions, brought it low again, bought it back again. The...

I am guessing your on a fixed spread? I have ECN execution with variable spread. It's like buying a exotic wild animal. If you can't handle it, don't buy it.

BTW.. that is some good scalping. I bought GBPJPY when it dipped sharply about an hour. 250,000@161.09 holding to 162. already up ~$950. I may trim at 161.69

I don't think it is necessarily over-compliant or under-compliant. FXCM just decided not to handle the order-flow using a back-office. Saves them money. So you close the first one you open. On the other hand, there are companies that give a back-office order handling so you can close...

The funny thing is. It actually might be a good thing. No more stop hunting by the brokers! because there are no stop-loss! lol

I know it's a bit tricky to understand but.... On oanda, each pair is it's own aggregate. Fifo in regard to the PAIR. If you buy the eurusd, you cannot short the eurusd without getting rid of your previous buy units of eurusd. hence, FIFO. The first position you bought in the euro is the...

yes it closes 1 and half of 2, hence you still have a EURUSD@5,000 buy still open. Because you have EURUSD@20,000 buy and you sold your positions (if you decided to SHORT the EURUSD or you want to take profit from prevous buy.. they are treated interchangably). You can still do that with NFA...