Yes, this is just a play on "grid trading". Trust me, people have done this and modified grid trading almost every way you can think of including only trading with the trend, using indicators to change your grid, etc. I have never seen a grid system ...

domino system

I agree with previous posters who have questioned the fundementals of trying to trade this way. I think this might actually be more useful as a counter-trend trading system. It appears that by the time you enter a trade based on the strength or ...

Relative Strength Basket Trading System

Assuming you were able to get into a trade at the top of the spike and exit perfectly, sure, you could have caught 165 pips or so. However, that is not possible. What I am complaining about is the lack of follow through, not neccessarily the spike ...

I dont understand market reactions past few months

5 pip stop loss? You will be stopped out as soon as you open a trade with the crazy high spreads these days.....

Minimum takeprofit and stoploss

Both brokers you mentioned offer mini and some even micro accounts. To be honest, I have never heard of anyone owing their MT4 broker more money. They system will close all your orders automatically if you even get close to a margin call. I would ...

How to avoid losing more money than you put into your account in MT4?

No. If the spread is 2 pips, then the price must go through your TP by at least 2 pips in order to exit you in profit. Opposite is true with your stop loss. Price only has to go within 2 pips of your stop loss in order to exit you in a loss. Just ...

how good is interbankfx

Are you trading futures contract? What symbol?

DJIA Futures

Another option is to open an account at a broker that offers 400:1 leverage such as IBFX and FXCM Micro. This allows you to trade your preffered lot sizes but to keep most of your money in your own personal FDIC Insured account and only send your ...

I'm looking for a broker that's safe with large deposits, and has good GJ Spreads

See this topic and many others that are related url

Crisis and Brokers

Ahhh. the fun of trading spot forex with market orders.

MB Trading Futures - Introduction

USA brokers that provide access to futures are regulated (unlike forex) so your funds will be protected and insured to some degree. If you only trade the main currency pairs such as EU, GU, UJ, etc. then there really is no good reason to trade spot ...

currency futures trading in terms of funds safety

If you want to play it safe, then open several accounts at several brokers to spread out your risk. FXCM probably has the largest capital reserve out of the brokers you listed making it one of the safest. Spreads on GY are not ideal though. I would ...

I'm looking for a broker that's safe with large deposits, and has good GJ Spreads

Depends on the currecny pair and time of day that you trade. If you trade at NON news times, then Oanda is best for EURUSD and some major pairs. Execution is good because they are not an ECN broker. Some drawbacks are that you can not hedge your ...

Is Oanda the best for execution and spreads?

or simply any trading system that can be pre-programmed with a simple set of rules and put into an EA is most likey not going to stand up over the course of time. The markets change and trading systems need to adapt. It would be interesting to see ...

MT4 Brokers' Virtual Dealer Plug-In

The real scary thing is the Refco was NOT a bucket shop. They were a huge publically traded company. If you had an account with Refco or RefcoFX, at the time you thought you were with one of the safest brokers around. Also, this thread is duplicate ...

How safe is our money at the brokers?

wow. Another 6.8% drop in the Dow again today. What a week! Did anyone else watch their charts between 3:30pm and market close? The dow just kept dropping and dropping. I saw it drop 100 points on 1 five minute bar! Scary stuff. Thankfully I grabbed ...

Is the Market Bottoming???

So I think its safe to say that if you are a retail forex trader, the funds that you send to your broker are at risk for: a: failure/bankruptcy of your broker, and, b: failure of your brokers bank or liquidity provider Thats what I was affraid of.

Our brokers segreated customer accounts protected by FDIC or any other entity?