vvFish is using a very simple strategy that is highly broker-dependent. The rules are simple but should be adjusted for your broker, even then it may not work.

News trading discussion - continuation

GU, spread jumped to 7.1 image

News trading discussion - continuation

spreads I tried to track tracked after news : AU 8.6. AJ: 9.7 EA: 23.1 AU and AJ, tradable with a safety SL, but not EA, no way

News trading discussion - continuation

Was trying AU, but no real direction. Curiously, I had same direction signal in AJ and EA. Best to stay with majors...

News trading discussion - continuation

Enter market order in the direction of the price movement seconds before a news event, then trail when in profit, close if in loss. That's it. Enjoy!

News trading discussion - continuation

I also caught the EU sell, but got burnt on a GU buy. I wanted to enter a GU sell to recover after the direction further revealed, but I didn't pull the trigger. Still learning the best approach on losses, which will happen, at least for me. Once I ...

News trading discussion - continuation

Yes, that is exactly what I mean, and, of course, to set that up legally and properly also costs decent money. I don't mind being the key employee.

Phillips Capital | First Retail Forex Exchange in US?

It's getting better for futures traders, but, yes, more hurdles there. If there ever was a true FX exchange, I expect one would have to pay to play like futures. For better or worse, MQ at least opened a somewhat deceiving door to retail traders ...

Phillips Capital | First Retail Forex Exchange in US?

Of course, as has been discussed here to a dead horse, one could always trade futures on an exchange, although with limited available contracts and (I here) less liquidity at larger lot sizes. Some on here have done both at decent positions (over 50 ...

Phillips Capital | First Retail Forex Exchange in US?

Above my pay grade on these topics, but I get more concerned as my lot size grows. I am intrigued by brokers like Global Prime who will show you who filled your order, not that I can get an individual account with them, but perhaps someday an ...

Phillips Capital | First Retail Forex Exchange in US?

Why doesn't CME or one of the other exchanges do this? They already have technology. If it was profitable wouldn't they go after it?

Phillips Capital | First Retail Forex Exchange in US?

I will call next week. This is badly needed.

Phillips Capital | First Retail Forex Exchange in US?

In retrospect, I should not have taken the EU trade. The direction was not clear enough (price barely moved down maybe it moved .00001), lol

News trading discussion - continuation

EU loss, but recover. Still learning this. image

News trading discussion - continuation

Yes, that is possible, but your margin is account specific, of course, which can affect ones trading style. Plus, it is tedious to automate two accounts from a money management standpoint. I find the fifo/hedge rule and NFA statements like this ...

Reality of FOREX: my experience with brokers + share yours

haha, it happens to even the best

News trading discussion - continuation

If ATC does make it back, they will be closely regulated, which is a good thing. Plus, I doubt they allow non-FIFO and hedging: url

Reality of FOREX: my experience with brokers + share yours

vvFish, you held that UJ sell through two sessions, have not seen you do that before. Figured you would have cut it earlier.

News trading discussion - continuation

If this is true, than that would be very interesting for ATC as IB is more less dropping retail spot (unless one has 10M account).

Reality of FOREX: my experience with brokers + share yours