ALOT! He is after all the greatest investor. If he so say BUY, you should too. Congress is being too careful wanting to punish wall street for the screw up. But they are forgetting the main fact that, wall street will drag everyone down too. USA is ...

$700B Bailout Plan Discussions...

Plain an simple, if you win, you take money out from the broker's pocket. If you lose, you give them money. But do remember that 90% traders lose money so brokers dont go broke. However, I was told by a friend working in a broker that, successful ...

When small account becomes LARGE...

Im not sure how OIL are ordered and delivered; and today is the expiration for October contract. Does this mean that OIL deliveries for October placed no earlier than today will have to pay the Penalty price for the last minute rally? Just curious.

I see oil reaching 100 USD?!

Money attracts attention. Small Money attracts small attention; Big money attracts big attention. In your case, you got bigger money and that translate to bigger attention. I think this is a cause for alarm. Last time I experience such, the broker ...

Delayed withdraw issues

And ummmm.... You are Long Gold at what price? At $900 expecting it to hit $965 then $1032? No thanks...

Can anybody give me an opinion on my gold trade?

Gold is very volatile. Gold price moves 5 USD up/down each day; but lately, we experience 50USD up/down. Each $1.00 in price movement is equivalent to $100 ($10 for a mini lot size). With that you can easily see how it will affect your SL-TP ratio. ...

Can anybody give me an opinion on my gold trade?

Back in 2006 when I was still trading here, ALL positions, including LONG GBPJPY are charged negative swaps. They started giving positive swaps to combat competition. The current move to charge negative swap is for survival. So what else is new? ...

FXCM Discussion

Firstly, the title should be "Triangle Hedge" or "Three Way Hedge" and not "Triangle Arbitrage". The latter implies that if you do it this way, it will "always" be an arbitrage (which is not always the case and very rarely is). The actual Lot size ...

Triangle arbitrage lot size calculation

Example? A good example is FXOpen! All trades are executed automatically on their server. If you made money, they will periodically remove the trades claiming either you were scalping too aggressively, you got a wrong quote, trading on spikes etc. ...

NDD versus ECN versus STP

What is NN?

Show your best EA

NDD (No Deal Desk) Some scrupulous brokers employ a team of "dealers" who periodically checks your closed trades. If they find you were making good profit, they will declare those trades "No Deal", thus the name "No Deal Desk". BTW you forgot ...

NDD versus ECN versus STP

If you go Short GBPJPY, Long NZDJPY, and Long GBPNZD, you get $25 a day. If you go Long GBPJPY, Short NZDJPY, and Short GBPNZD, you get -3\41 as shown. This carry chart is broker specific and does not apply to ALL brokers. So dont do it unless you ...

Triangular Arbitrage

For more information on this 3-way hedge carry, I am posting this screen shot, notice the highlighted pairs; it is showing a positive swap of $25 a day if you go Short GBPJPY, Long NZDJPY, and Long GBPNZD. The risks is the cost of the spread and ...

Triangular Arbitrage

I use 3-way hedge Carry Trade and it is much better than the "2 way, 2 broker carry trade" that most know. As you may not know it, some brokers charges more or less swaps on certain currency pairs such that, if you hedge them 3 way, you get positive ...

Triangular Arbitrage

Do remember that all funds (so claim by all brokers) are placed in separate/segragated bank accounts. Do rmember that all of us traders are considered as "Investors". In the event of bankruptcy, Investors have the last priority over funds. Creditors ...

Fxcm question and safety of our funds

Depending on the prices they were opened, closed and reopened, it could either be a) a scam, or b) just right. To be fair, it is only reasonable to show an actual trade. What price it was opened; what price it was closed on friday, and what price it ...

Broker auto closing trades every end of the week

Twice traded here. Funds Withdrawal 5 stars Both withdrawals were done and I receiving the funds half way across the earth within 18 hours! Fund deduction/fees is absolutely the lowest at $5 for the International Wire as compared to $30~$50 with ...

Ikon Royal spreads

I am particularly interested in an MT4 to MBT bridge. ie, the logic runs on plain and simple MQL4 (MT4) language, but the orders are sent to MBT for actual trade. Anyone has extensive or at least working knowledge on MBT's API? I sure could use your ...

Copying trades from one account to another

I have this codes to share; it is fully "backtested", "curve-fitted" to produce best results. If (CurTime == "2001.06.13") { Buy GBPUSD, maxLots, SL=500pips, TP = 8000pips; Comment("Enjoy!"); } else if (CurTime == "2007.11.09") { Sell GBPUSD, ...

Show your best EA

In my earlier post, I said that GU's Daily MACD is reaching positive suggesting the GU selloff is nearing the bottom. Having said that, I will be looking to BUY GU @ 1.8550s with stop a little above 1.8500 BTW.. I am not expecting it to drop to ...

Cable Update (GBPUSD)