I used a modified Amazing EA straddle which trails the price up until news time. 10 pip SL is no problem since this broker does not widen spread... They do freeze, crash a lot of times during heavy events. but still beats dishonest brokers ...

NFP 10/6

Same here... Same here... I prefer BUYING this pair (for the huge Swap in case it goes against me).. But seeing how high this pair already is, I am ignoring any buy nor short for this pair for the moment.. Actually I have been range trading this ...

Mouteki Trading

Dont solely rely on Trailing Stop to protect your profit... Some brokers have TS but does not execute it properly. I have an order with FXCM once; it was filled at my price, but the market has moved far away already and yet my TS was not moving... ...

Brokers with automated trailing stops?

Quote from TTN UBS is Bullish Yen! Hmmm...

Nuclear Test

In my modified Mouteki, I would put another short should it reverses.. I shorted GBPUSD when it was 1.8788 last friday. and shorted another lot @ 1.8700... I dont follow Mouteki's SL and Target - just the direction and keep the Target very ...

Mouteki Trading

Darn! I was shakened by the Nuke rumor I removed my short GBPJPY @ 223 earlier.. Bad mistake. It should have been a 60 pip profit. * I have a short limit at 223 and buy limit at 220.. I have been range trading this pair for two weeks now.

Nuclear Test

<!-- / message --><!-- controls --> Last Friday, Northfinance did not execute my order properly. After writing a complain to them, they fixed it up in my favor. This is the 2nd time NorthFinance decided in my favor. This one listens and decide ...

NFP 10/6

1KiloTon only? Could it even be a nuke? or a fluke TNT explosion made to scare off S Korea, and US?

Nuclear Test

Nope. I heard that N Korea is low on cash. They opened up a very large Forex Account and started shorting JPY all over before announcing the nuke test.

Nuclear Test

Are you kidding? If you are a swing trader (or holding onto a position longer than 5 minutes), an ECN will be better. Sure they dont have fixed spreads like Retail Brokers like FXCM, but hell you can get way better spreads still. The non-fix spread ...

What is Dealing Desk?

What you just described above is a NON-Dealing Desk setup , ie a purely electronic trading system. A deal desk is an office full of HUMANs making the judgement to accept, reject, requote your orders most notably during volatility (ie news). For ...

What is Dealing Desk?

Below is the exact price tick from FXCM: Knowing when the exact time your order was sent to them, we can better judge what price it should have been entered.. ie, 1.8830? or 1.8875? Using their record (of the time), you can now better argue about ...

i got ripped off during the NFP

Bernfriedd As I already said, ask FXCM for the official date/time of the order first. ie, "FXCM, can I get the official date/time as to when my order was placed?"

i got ripped off during the NFP

Here is what mrmikal was saying... In the attached picture, the "At Market" is the amount of pips slippage you are willing to accept. The default is "0" for exact price match.

i got ripped off during the NFP

Bernfriedd, When I had a discussion with GFT about my fouled up entry orders - they told me, it is their rules and I have to follow their rules... RULES? What rules? where is the rules listed on their website? NONE! Bottom line: There are honest ...

i got ripped off during the NFP

Bush showed face last Friday at a Fedex office... He did not mention the 50K NFP but mentioned the lowered 4.6% unemployment compared to the 4.7% the previous... Government is defintiely showing Bullish USD ahead of Election day.. And December is ...

Predict: NFP for November

You guys are totally pathethic bashing on a fellow trader as if brokers paid huge money for you to do this onto fellow traders! Traders should side with fellow traders! Bernfriedd, For all intents and purposes, FXCM is the worse to trade US news and ...

i got ripped off during the NFP

You never failed to make me laugh with those insane comments!

Revisions, Revisions

Firstly, I use Mouteki as entry signal. Secondly, I go buy/sell only if the currency pair will net me positive swaps. Thirdly, I dont put stops and use only small lots so it wont hurt if it goes against me. Since I am positive swap, I can hold on ...

NFP 10/6