The Euro's 6% appreciation is not caused by speculators, but by a) FED QE b) Eurozone economic outlook. Despite the vague correlation between currencies and inflation, deflation usually makes a country's currency stronger (in our case, lower ...

EURUSD

In my opinion, the market in its essence is not random (have in mind the law of large numbers). Due to it's complexity and size it does appear to be random and is ought to for a long time from now on. Despite this, I can give three reasons for which ...

Do you believe this market is random?

How can you tell: a) if the volume considered for one's analysis is generated by 'informed' traders for future profits b) if the volume considered for one's analysis is generated by a hedge fund who's hedging it's positions from another market ...

vsa with Malcolm

Having 1:3000 leverage doesn't imply you must invest all of your equity at once. Personally, every time I used high leverage I got burnt.

High leverage low stop-out level broker

Strangely, I was wondering for how long will rebates go on when I opened the account (through Molecul6 as IB). They've become more and more notorious and with micro accounts al low as 100 € I don't see any benefits for Dukascopy to continue the ...

Dukascopy

There is a wise statement acknowledging that past performance is not indicative of future results. Mutatis mutandis, knowing a price has a probability no matter how high but not equal to 100% to reach a level is not a strategy you should base your ...

Price Frequency Analysis

Has the bar left the screen yet?

A delicate secret

Considering what you understand by order flow, I think the right answer is no. First of all, order book (what you actually describe in your first post) is not the same with order 'flow'. Secondly, real money rarely disclose their stop and take ...

Fugazi - Order Flow hot data

You're basically asking to know if a support/resistance is going to hold or not. I'm afraid you'll be able to find out only after the facts took place.

EURUSD

The commission of ECN brokers is usually expressed for every 1.000.000 US$ traded. In your specific case, a commission of 35$/million USD is charged. The problem is that many of the currency pairs traded have a different base currency than USD (the ...

Rollover and commissions

What's a positive margin call? Never heard of it before. In reference to topic's subject, I did and still have both positive and negative slippage on Oanda and Dukascopy. The reason why we use to see negative slippage more often is because we trade ...

Positive slippage anyone?

There is no such thing as 'Holy Grail'. At least, not in financial markets. If you can make that return with money from people, you can make the same return trading with 1000$. I mean 5160703,84% return per month would make you a millionaire in no ...

Holy Grail - 5% to 100% profit a day

Actually Dukascopy allows you to trade any amount you want as long as there are at least 1000 units. The only one that I can think of, being also relatively safe in terms of money keeping, is Oanda. The rest are mainly MT4 brokers. LE: Though, I ...

Brokers working with units and 0.0001 minimum units size

Is Malcolm a millionaire yet? Or anybody making trading calls based on volume data? My God... I remember what a frenzy was back in 2009 when Shamus opened a thread explaining VSA. He ended up talking to himself. People stopped to care. How many of ...

vsa with Malcolm

Dukascopy has 1,2,3,4,5,6,8,9,10,12,15,16,18,20,24,25,27,30,32,36,40,45,48,50,54 seconds charts.

OANDA Down?

Glad I left this broker for good few days ago. Forexaccount is right. There is no way a company as big as Oanda hosts all of its business on one server.

OANDA Down?

Tools->Preferences->Chart-> Uncheck Show Positions Label, Closed Positions, Open Positions.

Dukascopy

Pip value for USDNOK is about 1.62$. So a 100 pip move on this pair is equivalent to a 16,2 pips move on any USD quoted pair (e.g. EURUSD). Bear in mind that for a 10$ pip value you would require at least 6 times the position size of EURUSD and that ...

Central Banks & Big Players

Don't use this strategy on NFP or other high volatility events. You know a stop order is a market order and in no way will guarantee you that it will be executed at the desired price, right? Trade well.

Central Banks & Big Players

This thread is old and the OP might not even read FF.com, but what he doesn't take into consideration is the fact that by trading full time, his trading conditions already become different and that might lead to consistent loses. He said he only ...

I have a profitable trading strategy. Should I quit my job?