If they have dealing desk and have fixed 1 pips spread they make their money a different way...think about it. This is bait and scam tactic... There are ECN brokers that provide choice (0) spreads if you want to go that route you would want direct ...

1 pips spread to all major pair??

Hi shungos, although interesting I have doubt that this is useful per se. It may be but i have doubts. Reason being is the inclusion of the 2 days before closing which essentially means we can have an outlier (significant move in the past 2 days) ...

VantagePoint discussion thread

BB what are you performance stats on the system the past couple of months? As far as I recall early June the system was not doing too well.

VantagePoint discussion thread

Although you may very well be right I do tend to ignore any intermittent volatility if I am trading fundamentals or generally long term trend. To me FOMC does not mean much when there is no real surprise (short of stealing some pips during the move) ...

FOMC trade

Again, I may be missing something - but to me it does not make sense that you put any significance in a short-term market reaction. like this This is a speech and there is a lot of interpretation and emotion involved. Apart from the bare yes or no ...

FOMC trade

Do not trade news with brokers like this or better yet get out! Trading news with dishonest brokers with dealing desk is tantamount to flushing your cash down the toilet.

FOMC trade

If you look I used an adjustment factor for PHI and PLO (entry /exit) which brings it to optimal settings based on sample. You can get up to 80-90% success but barely any trades... I think this system is viable. However it requires a lot of ...

VantagePoint discussion thread

You are trading news with FXCM?? You gotta be kidding me!

FOMC trade

I did something similar. Although I found NI to be the most usable indicator, the success factor was not as high as what you found. Mine was b/n 65-80% winning trades. I tried varying other strategies. You can see all at following location: url

VantagePoint discussion thread

looks like you have a mistake on the may 10 numbers (does not add up right)

FOMC trade

Then why do you care what happens today?

FOMC trade

There is no system like that or if there were it would be under lock and key. However, there are individuals who do not follow money management principles. That is why they lose not because of the system which they blamefor their woes.

VantagePoint discussion thread

all that information is in your broker's historic data..why do you think this is hard to find?

FOMC trade

I was referring to the privatization of the central bank rather than this. I believe it was in 1915ish

FOMC trade

well...move to one that is direct interbank then....

FOMC trade

It is all a question of timeframe. IMHO the dollar is going puke in the long term no question there. Playing gold based on piece of news coming out is more akin to speculation. If you want to play short term play spot with tight stops.

FOMC trade

It surprises me how many people still believe elections matter. It DOES NOT matter whether a republican or a democrat is in office. As Mike Ruppert says you can just call them the Genoveses and Gambinos. Regardless of who's in power corporations ...

FOMC trade

mine is also 6:30. no earlier generally.

VantagePoint discussion thread

Hi BB, i am wondering how you get 5:15 for csi. I am never able to get it anywhere near that. The best time I've managed is 5:30 and that is really rate. Usually it is about 6 or 6:30 EST.

VantagePoint discussion thread

There is no right or wrong answer here. It all comes down to your preference. Generally pick a higher volatility, higher liquidity pair with relatively low spreads with your broker. Cable is usually my choice but that is just my preference.

VantagePoint discussion thread