If just using 1 broker, i'd use IB, assuming you aren't a piker in size. Commissions are only steep if your on the low end for size, it seems. Can't beat the spread and execution in currencies. Can trade any size you want. Can trade any market. ...

Best FX broker for scalping - pro traders opinion only pls

Thank you for this thread, as it is quite entertaining. No...basket trading has been around quite a long time. Heck, its a staple of many equities traders. Experienced traders don't waste time in demo, especially when the 'system's' flaws are quite ...

Pitbull Trader with Position Building

it depends on your method of trading... for my means I do find futures (non currency) to be much better. much more liquid (of course depending on the instrument), regulated markets, etc; essentially less b.s. on all levels and rarely any 'surprises' ...

Do you guys find that forex trading sucks?

Some of the best traders in the world are also in the market every day. This game is dependent on capital source and preservation. If you run a giant fund, then it makes sense to place long-term bets based on fundies and techs, while spending the ...

Trend Trading All Pairs

or can just trade futures.

EURUSD

Do not overleverage. Trade with a % off total equity and you'll be fine. Think about not how much you can win, but how much you can lose. Start very conservative, and if consistent, just slowly increase risk while that total equity % gets bigger and ...

How much do people make trading FOREX

doesnt sound like IB data. I stream IB data via sierra and max it reaches is around 1600 on a 5min chart. interesting find to say the least, though

Interactive Brokers - experiences and opinions

50% of the time, i'm statistically right every time

EURUSD

It would definitely benefit you to lose the mt4 broker so you lose the 'what-if's' of the non-ecn world. Find a broker with liquidity and code to their api, as most offer solutions. I don't automate (but have) and used interactive brokers with only ...

Scalping Reality - Can 5Pip TP Work In Real World

I hope people see the value in this thread. Identify a confirmed trend - (you must define what a confirmed trend is, and when the given symbol is not trending) Identify a pullback within that trend for good possible continuation reward Identify a ...

Simple Setups To Trade

url been listening it while trading for quite some time. great ambient/trip hop/lounge type stuff. like 15 channels. free internet radio so I just stream it.

What kind of music you hear while you trade?

It sounds like you have only been talking to failed traders. Price action setups are easy to rationalize. And if used in context to other market variables, they do work. And indicators are not price action. They are a result of past price action (or ...

Price action is dumb, and you're lazy for thinking otherwise

I trade relatively small timeframes intraday, so I only look at about 2-3, depending on volatility. I found that so many currencies are closely correlated, it really isn't beneficial for additional trade opportunities with more pairs. Essentially ...

What's in your basket and why?

interesting hedging method, though seems a bit dangerous with the small profits/big losses. Could lead to an ugly equity curve. lets say you have an open drawdown and you hedge against it, and your hedge goes in the same direction as your open ...

Brijons advanced traders multi-currency strategies

easier to see on correlated pairs.

EURUSD

Curious - what news release was it? i got in on the early part and got a bit lucky, but the two calendars I check had nothing for a while

Trading Major Lines

You need an edge. Entering on first candle is not an edge. Just because he shoots for big r:r doesn't mean its a good strategy. If anything its idiotic. And when you get to real size, you won't always get fills you need. When determining size based ...

Trading Major Lines

I use IB and connect to it via sierra as I can chart trade, setup OCA's/OCO's, easier entries as opposed to fumbling with TWS, etc... Also multiple secondary data feeds for free. Just a suggestion, as Ninja has a history of being buggy and I would ...

IB with NinjaTrader vs Currenex?

You need a broker with access to sources of deep liquidity. My advice would be to steer clear of mt4 brokers if you are serious about trading. If you are a piker, I guess Oanda would be fine. Interactive Brokers only requires like 7k for an account ...

FXCM is a true ECN broker?

fantastic thread, PP. Hope others see the value in your confluences, as it does work. Personally I thrive on TL failures, and flips, and it seems you do much of the same.

BORC - 100% Price Action No Indicator System