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BurgerKing replied Sep 10, 2006I make money trading the news. My FXCM trade history can attest to that so does several other persons who easily doubled their equity every 3 trades. IF 95% of the news traders dont make money, then why in hell do you think News Trading is still ...
news trading broker warning
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UK Trade Balance 9/11 4:30EST
Started Sep 10, 2006|Trading Discussion|40 replies
UK Trade Balance is a good piece of news that you can bet on. Previous result was -6.5B, ...
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BurgerKing replied Sep 10, 2006Making errors is human - we all make mistakes. Improving the odds/ chances of not making mistake is by listening to all inputs no matter how small. Feeling the market (CNBC, Bloomberg) is a great tool. I myself do that as much as possible. Perhaps ...
Predicting direction of economic releases
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BurgerKing replied Sep 9, 2006Some EA are good for range bound, some are good for trends. I have yet to see an EA that works for both. Currently, a simple 2 MA crosses + RSI + MACD could have made you 300 pips within 10 days when you placed them onto GBPUSD since AUG 30... Over ...
:: The Dream EA What's yours? ::
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BurgerKing replied Sep 8, 2006You have a clear mind to have thought of all these and a quick hand-eye coordination to pull it off!
You are definitely a winner!Canada Employment Report
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BurgerKing replied Sep 8, 2006Brokers claim that: * There are thousands of orders before each news - TRUE * And it is impossible for humans (if not enough of them) to process these orders manually - MANUALLY TRUE - but with aid of computer, its as easy as one mouse click But why ...
news trading broker warning
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BurgerKing replied Sep 8, 2006HEY! Actually you made me laugh amidst the chaos GFT unleased on all of us. But the laughter was easily silenced by the thunder of pain!
news trading broker warning
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BurgerKing replied Sep 8, 2006It is soo easy to say this when you have HIND SIGHT. When I was filled at 1.1140, the price kept going DOWN! and even touched 1.1113! Thats 27 pips loss! IF I know at that time that price will go way up further north to 1.1200 surely I would have ...
news trading broker warning
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BurgerKing replied Sep 8, 2006By the time I tried to, GFT wont allow me to cancel it. YET, the order is still unfilled! Then and there I realized GFT is up to no good! I dont know about other brokers. PS. They allowed me to cancell My Sell Stop order though. But not the Buy Stop. ...
news trading broker warning
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BurgerKing replied Sep 8, 2006Most people (especially those not using GFT) were happy to made wins today Cheers to all of you and may you all do the same next week!
Canada Employment Report
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BurgerKing replied Sep 8, 2006hey ZED! If you so managed to get the refund, and got back to automated trade, you no longer need to find other brokers! FXCM is now playing their cards fairly with you now!
news trading broker warning
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BurgerKing replied Sep 8, 2006WOW! FXCM even offered a refund. I asked GFT to negate the trade and they said "NO WAY!" literrally! To be fair, here is the complete text: No way! Do you think the banks will reverse the trade? Now they are passing the buck to the banks. And in all ...
news trading broker warning
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BurgerKing replied Sep 8, 2006They filled me up 2 minutes after when they fully know that the worst price to give me is 1.1140. I can live with Slippage, but the combo of Slippage + Delayed execution = total loose for the trader. Not even any seasoned/veteran trader can win ...
news trading broker warning
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BurgerKing replied Sep 8, 2006Its very difficult to close it that way. Best is to move your STOP up and keep moving it up! They honor the stop to the letter! DARN! Sorry guys. I am soo pissed I could not find the energy to review historic chart for next week news! I am currently ...
Canada Employment Report
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BurgerKing replied Sep 8, 2006The price was swinging around high 1.1120 to low 1.1130. At this time, I said to myself, SHIT I may get a looser and decided to cancel it. BUT I was too late as GFT then and there ENTERED me at 1.1140. Mind you this is already 7:02,. How I know? My ...
Canada Employment Report
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BurgerKing replied Sep 8, 2006My frustration is not SLIPPAGE but the way they waited 2 full miutes to enter my trade when they have full grasp that price wont go up any further. How I know it was 2 full minutes passed? I have a straddle set with NorthFinance. I closed it 7:02 ...
news trading broker warning
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I need your input on a Broker
Started Sep 8, 2006|Broker Discussion|1 reply
I need your input on InterBankFX. How is this broker for news traders? I dont mind slippage as ...
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BurgerKing replied Sep 8, 2006They did not fill me on my price either because: 1. They dont have enough BANKS to cover the trade order, or 2. They dont want us to make money - HELL my order was filled 2 minutes after the news! What was happening in between? GFT waiting to know ...
news trading broker warning
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BurgerKing replied Sep 8, 2006Gft = Cheater! — I totally accept slippage if that was all what happened to me. GFT totally waited for the market's move. They saw that the price was down to 1.1120-1130s 1-2 minutes later and entered me at 1.1140. This is bull. They traded ...
Canada Employment Report