And there it is in BIG, BOLD LETTERS... Excellent due diligence on your part, fry2010. These days, not a lot of traders read the Contract before signing on the dotted lines.

Brokers Do Take Opposite Trades!

One of the best things I've heard about trading fx is, " a trader could flip a coin to determine direction of the his/her trade, but if a trader doesn't have money manangement and risk/reward ratio on his/her side ... the trade will always fail." ...

Best single characteristic of a trader?

Apparently this guy has mad trading skills. He needs a broker that will let his talent shine. He needs to look towards opening an account with Interactive Brokers, HotSpotFX, etc... brokers that dont care how much money he makes. Then when he ...

Can't take profits out of FX Open

Strategy Setup — RISK DISCLAIMER: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in ...

09 - DMI+ADX Journal

To truly use MACD, you will need a trending indicator as well. Trading lagging indicators can fail if a trend is over extended. I've met many traders that have made the mistake of trading based off of divergence only to lose profit on a trade. A ...

Trading MACD Divergence

A great way to trade only candles is: 1) 4 Hour Chart or Higher 2) Wait for the last candle to close 3) New candle arrive, place pending buy/sell on the high/low of previous closed candle. 4) When trade is executed, place hard/trailing stop to break ...

looking for trading system without indicators

BTW, I just downloaded/demo AccuCharts (FxSol) and it seems promising.

What's the best trading platform available?

I agree. When I started trading, all of the popular brokers used MT, it became perfectly clear to me why. So in any effort to find a more reputable broker I chose a non-MT broker. Every broker is a bucketshop but it is something about MT brokers. ...

What's the best trading platform available?

GFT dealing desk closes at 3:00pm (est time). Now, I don't know if that means 'trading' will be closed or just their 'dealing desk' will be closed but platform will stay open without a dealing desk trading against you. Anyway, I will not be trading, ...

EURUSD

Im suprised everyone's still trading. Due to tight ranging conditions, violent swings, low volatility, etc etc etc ... I stopped trading this past Monday and will not trade until Monday of next week. Though if I were a scalper ... this would have ...

EURUSD

And it looks like its bounced down

EURUSD

At least u/j has jsut reached its first S/R lines. Now let me see if she bounce or break.

EURUSD

Agreed. Market is flat at the moment. If the market does not move by 11am(est) ... its not going anywhere until tomorrows news come out. So ... Im hanging it up at 11am(est) unless the market tells me otherwise.

EURUSD

Market seems to be in between S/R lines. Looks like the majority of stops have been placed at the 1.300(ish) area. Which shows, when the market bounced up off that area, stops where placed in hopes the market would move to the next S/R line which is ...

EURUSD

MetaTrader is popular because of EA's and the availabilty of EA's. Noob traders like to idea of buying or downloading a free ea (from a message board or MT4 website), easy install, and enjoying the profits. In which ... soon after ... they realize ...

MT4, What makes it so special?

I agree. My entry timeframe (5M w/ stoch - 8,3,3) shows a time for an uptrend though I dont think it will be a huge uptrend. 4H chart clearly shows down. I usually like to get a good entry before placing a trade and unfortunatly I miss this last ...

EURUSD

Me too. But on the 5min chart ... may show a temp retracement and continue down give us another entry point

EURUSD

Agree. Scalpers have taken over the market. I've been scalping 50 or so pips for the last hour 1/2.

EURUSD

I think market will be up this afternoon

EURUSD