Spread is simply the best ask price (the best price the dealer will sell to you) minus the best bid price (the best price that a dealer will buy from you). That is how they profit from offering liquidity from impatient traders who use market orders.

What does this spread mean?

Buy when RSI is oversold and 30 ema is touched with a pin par and the 10 wma crosses the 4 xma at an angle of <30 degrees and the Bollinger bands are within 10 pips and the last 3 bars where above the 100 SMA. Note: This signal will work 50% of the ...

help me learn forex

Price wouldn't move if there were no orders in both directions.

How do i trade using news?

Lots of orders in one direction with no orders on the other side to soak up those orders, this leaves a liquidity vacuum.

How do i trade using news?

I didn't make a statement I find making sweeping statements have the tendency to make me look foolish. So what you are saying is based on your limited expereince (probably reading through FF, unless you worked for a broker?) that trading the news ...

How do i trade using news?

Really? Sweeping statement to make. Can you post your research results that show this? Or is it opinion? I would be willing to bet my house that the reality is YOU cant trade the news successfully, therefore you think it applies to everyone.

How do i trade using news?

To be a successful news trader you have to be quick and get in on the correct direction before other news traders and before the market becomes informed of the news. Focus on one piece of news on one pair and look back over a year or two on how the ...

How do i trade using news?

The below picture proves global warming once and for all.!! I want to apologise for my aggressive argument before (to jim), I can see if you look at total history of the earth this could just be a blip. Theres good arguments on both sides. Congrats ...

james16 Chart Thread

Good thread Rich, The Bahamas levies neither personal income nor capital gains tax, nor are there inheritance taxes. The climate im sure is great.

Best place in the world to trade from?

I would advise you get a job also. If you want to be a successful trader then you need to know how the market works first and formemost. If you dont know why price moves or what brokers are doing then you are trading blind. Expect to study/develop a ...

Would you help me???

So if you are disabled some how and cant work, then you can't vote? Is that fair?

james16 Chart Thread

I'm starting to worry about the intellectual levels here on this thread, Since 2007 no scientific body of national or international standing has maintained a dissenting opinion about global warming caused by humans. url You have to ask yourself ...

james16 Chart Thread

Or maybe they were sick of the "achivers" profiting at the expense of the poor, the vulnerable the environment? Looking at the past year or two the bankers and greedy capitalist nearly ended the economy and have and will cause untold economic ...

james16 Chart Thread

The threads name should be changed in memory.

Jacko's Forex House of Pleasure and Pain

If you look out your window and there is a Ferrari then your edge is certain. If you are making a few % here and there per month its uncertain. With a real edge you should be able to extract more money from the market that you dreamed possible,

How certain can you be that you have an edge?

Anyone?

Oanda Order Processing

I still don't think going negative is going to happen , if it did, good luck to the broker trying to get the negative balance from me.

How Much Do You Risk Per Trade?

ZIMB$/ICELAND KRONA, spreads a bit big though. Still trying to tame the beast.

Favorite Currency Pair?