Some tips that might make this better: -Only trade with the medium term trend and ignore counter trend signals. -Only trade during certain times of the day (avoid market open and close and news time) -Use pivot points and S/R levels for your exits ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Does your sheet tell you at what times the market is slowest? For example, on EURUSD, when does it move the least amount?

Need an EA that trades by time period

I am sure you have heard this before, but, that type of system will eventually blow out your account. Sure it might work great for a few months or maybe even a year, but, one bad string of loosers and POOOF - all your money is gone

EA for limit Buy & Sell Orders

From looking at posts in Felixs chat room, it seems most people are not getting filled on the spike trades but seem to have good fills on the "after spike" trades. I seem to remember that MBT was just under the $5 million limit being placed on ...

How about MBT for News Trading?

can you explain how to read your spreadsheet? What does each column mean? Did you note if you went long or short in the results section?

Need an EA that trades by time period

I have a few EAs that might do the trick. I am confused on what you use to enter your trades? Do you just enter a market order at certain times? Do you go long or short? Thanks.

Need an EA that trades by time period

To answer the orignal question. Neither has any liquidity during news reports but since spot forex is a "fantasy" market, you have a better change of getting a good fill if your broker is asleep at the wheel.

Futures vs Forex. Who is more liquid

I am very far out of my element here but I fear the fed. may be too focused on the short term and not the long term. If people are over spending and living in huge houses they never should have bought I hope the fed. isnt trying to save them at the ...

Rate Statement and the effect on the USD

Yes, brokers slip you or requote you, the price also moves around quite a bit right before the news so you will mostly likely get pulled into the move prematurely. Straddling worked very well a few years ago but like usual, brokers and MM found a ...

How do you trade news?

InterbankFX had the spread at 20+ pips even 5 minutes afte the report plus it took several seconds to proccess the order. Not happy with them today....

Cable Update (GBPUSD)

FXCMs new platform has really made it harder for spike trading. I only get filled 1 in 10 times now and usually only on a "bad" trade that goes against me as soon as I get filled. Here is another fun story about FXCM. One of the few times I was ...

FXCM's "AT BEST" For News

surprised to see the pound move this much. Anyone using this as a buying area to go long?

The ISM Report for January 3, 2007

I am currently demoing Forex News Trader Pro software and it is very good but costs $199. You can get some good information off of the demo here {link removed See rule #2}

The ISM Report for January 3, 2007