Annoyance on my part Big news at 12.15 so would be idea to take partial profits if long

Trading EURUSD only

gbusd short — url url Entered with divergence, although that has repainted as you can see I was nearly stopped out

Cable Update (GBPUSD)

long eurusd? — url url Missed this entry by a few pips, just need the news to be nice fo further move upwards

Trading EURUSD only

short gbusd at 1.6165 — Although I'd much rather be long EU|RUS right now, missed entry by 2-3 points and that looks like it will move uo sharply.

Cable Update (GBPUSD)

I think the best way to view this is to take the point of view that your money is not safe wherever it is, and to plan accordingly. MF global had 'ringfenced segregated accounts', and it was all ok until the day that customers found out that they ...

Is your money safe with your broker?

Agreed. If people want to take a step up then I would recommend Interactive brokers with Sierra charts, but you have to pay for the charts and it can be a confusing set up as you have to a fair bit of background work but that's another discussion ...

OANDA Discussion

I would use MT4 for charting, but I definitely would not use it as a platform for entering trades. Do a bit of research and you'll see terrible slippage issues (orders not getting filled, fgetting filled at a bad price etc). In terms of a visual ...

Which Broker is truly reliable?

Take note that they shut spot fx for 15 mins every night to reboot their servers for 15 mins. That could lead to massive slippage if a big move happens during this time as the fx market isn't shut but IB certainly are! All orders stay on the system ...

Interactive Brokers - experiences and opinions

Nollej I'm trading forex on the futures market. Futures are traded via an exchange, so volume is available for all to see so it's different from spot fx which doesn't have volume for the reasons that you stated

B.S. Trading with Kenneth Lee

@ Kenneth/Good lookin, Thanks for the replies. Having volume data works well for me because I can analyse price and subsequently figure out the true strength of a move and a price zone, and sunsequemtly why things have happened they way that they ...

B.S. Trading with Kenneth Lee

Yup know all that already thanks Oshawa. Futures and spotfx are different that's for sure, hence the difference in volume for london spot and london futures. But the simple fact remains that they move in almost exactly the same way, so if you can't ...

B.S. Trading with Kenneth Lee

usdcad chart as per prev message — I should add that these are 5 minute charts and not 30 minute charts so it is a bit different from Ken's 30 min tf, but the same principles apply. The increase in volume for eurusd at the bottom of the move, ...

B.S. Trading with Kenneth Lee

Quick question r.e .supply and demand.... — But don't you need to see actual volume in order to accurately assess whether there is real demand that has pushed prices? Have switched over to futures as I can see volume data and it makes a huge ...

B.S. Trading with Kenneth Lee

Thanks for the update Romant. Not good conditions today, all countertrend moves so am a bit wary. GBUSD moved into a demand area earlier in the session and shot back up but I didn't enter as the initial move higher before the retrace didn't seem ...

B.S. Trading with Kenneth Lee

Romant-20 MA on what tf? If on 30 mins you're noty going to get much from that as it whipsaws around it far too often for my liking... [edit] sorry just seen you said on the daily chart. So what are the rules-if price is below 20MA on daily then ...

B.S. Trading with Kenneth Lee

Ken saves the day as usual!

B.S. Trading with Kenneth Lee

long gbusd @ 1.5678 SL at 1.5650. Went long at this higher level due to impulse bar at 5680 and went long when price reached bottom of the range it had made for itslef round there on the 1 minute. Ken's level will most likely be around 6660-6665 but ...

B.S. Trading with Kenneth Lee

closed at 80 for 1.5RR so not great. And not great as it's shot away...

B.S. Trading with Kenneth Lee

long uschf 9564. Sorry can't post charts as am on Oanda (unless someone knows how?) due to big impulse bar yesterday. Normally would prefer to enter near top/bottom of move. Lots of these impulse bars around on other pairs-gbusd is showing a good ...

B.S. Trading with Kenneth Lee