This because the CFTC only gives 20:1 on GBP, plus you're 1.25 to the USD.

Pivot Trading

Last two weeks. The % are actually half, since I trade offshore, don't need nearly the margin, so half of my trading capital sits in my bank account. But I use that amount when figuring trade size, p/l, etc.

Pivot Trading

Wow, never knew that about the mobile phone requirement, very odd indeed. Yes, so you can see how I set things up now, 65% of my trading capital in my bank fully insured and 35% spread among 5 brokers, because of the purchasing power of the ...

OANDA Discussion

Hi Hutch, you trying out any of those recommendations I sent you. Just wanted to see how it was going.

OANDA Discussion

Wow, yearly pivots. Have never looked at those.

Pivot Trading

Agree 100%. I use 5 brokers, but as you can see, it's only .03 at each, so only 15,000 position, so scaling in, I'll add more (or not, depending on PA) at R78. I know PA isn't there yet, but if you look left this is actually 3rd drive up going back ...

Pivot Trading

image Just shorted close to R61. This was resistance 3 times going back to March and January. It is not CAD weakness, it is unjustified AUD strength, as Davit commented.

Pivot Trading

So the futures went as low as -$37 for the May contract, with my broker price stopped at .01, thenprice stopped, couldn't modify, my broker told me on chat no liquidity. Oil opens at 7pm and gapped up to $21, which is the price I see now.

Pivot Trading

So I couldn't modify the trades, but I was able to exit at.01, not going to wait until liquidity is back and have a gap down to -$37. This is insane. Only cost me 1.2% though.

Pivot Trading

Wow, so they will pay you to take the oil. Gas should be negative as well then

Pivot Trading

on my platform it stopped at.01 and hasn't moved for like 15 minutes.

Pivot Trading

Can't go below 0, so either I'm missing something or we should all be "all in" here?

Pivot Trading

Just bought at 1.40, only one broker allowed it, other 4 have it disabled.

Pivot Trading

So I will lay out exactly how I mitigate risk. I refuse to use a CFTC broker simply due to the fact the regulations due nothing to protect the trader. As a US client, they offer no protection of funds and the 3 main brokers we can choose from all ...

OANDA Discussion

IC Markets is regulated by ASIC in Australia, very good regulation. Why can't I recommend Oanda: spreads too wide this new financing rip off thing they're doing charging you a conversion fee back to your deposit currency when you close a trade ...

OANDA Discussion

If you're from Greece, no OANDA is better for you. You have a ton of better brokers available to you. Is Dukascopy available in Greece? IC Markets? Global Prime? LMAX?

OANDA Discussion

If you want a US broker, not offshore.........GOOD LUCK is all I can say

OANDA Discussion

Unless of course you're in the US, then it's one less reason. US residents do not even have access to these with CFTC brokers.

OANDA Discussion

Do some research, they're easy to find.

OANDA Discussion

Go offshore. There are some really good unregulated brokers with way better conditions than the regulated bullshit in the US. Split your money between 4 brokers, since you get 500:1 leverage, keep most of your margin in your own bank. Simple.

OANDA Discussion