The first time I noticed the problem I went on "livechat" with support for 45 minutes and whoever I was talking to was just spouting nonsense about how I'm holding balances in assorted currencies (usually less than $100 except active trades - I'm ...

Interactive Brokers - experiences and opinions

My cash balance increased random amounts throughout the beginning of last week until it was back where is should be, then it started to dip towards the end of the week until my cash balance ended up down $45 at Friday close. Today my account opened ...

Interactive Brokers - experiences and opinions

Davit, you've indicated on your chart a strong level of support, so shouldn't you be looking to buy there rather than hoping for a break? We differ in our view of price-driving fundamental factors and we have different readings on the technicals ...

Davit's Confluence Trading

My favoured trade at the moment, because the technicals and fundamentals align so nicely, is shorting EUR/GBP. The ECB is still talking about doing whatever it takes to push the Euro down while the BoE is thinking about raising rates sooner rather ...

Davit's Confluence Trading

I disagree about Cable. Having broken above the 2006 low/2009 high at 1.704 I believe that is the floor for a new move up. Minor resistance at 1.744 but we should ultimately target a 27.2% extension at psychologically significant 1.80. Of course if ...

Davit's Confluence Trading

After I last posted I was downloading my statements every day and comparing them with my own totals which I keep a running balance of four or more times a day, and an extra $10 per day flowed back into my account until I was back where I should be ...

Interactive Brokers - experiences and opinions

Fair enough, but I'm more comfortable waiting for an actual policy shift announcement to indicate a directional shift based on fundamentals. Until the Kiwi either drops below 0.87 or hits higher price targets I'm going to remain bullish.

Davit's Confluence Trading

I'd exited all trades except long gold before the U.S. session open. I had company so couldn't enter new trades at sensible levels once the Q&A was over and it was clear USD was going down despite the USD Index failing to break lower (or higher -- ...

Davit's Confluence Trading

This isn't a pair I'd been watching, unfortunately, but GBP/AUD is responding beautifully and I'd say is prime to short from it's current level down to 1.80250 without much concern. GBP/AUD 8-hour image

Davit's Confluence Trading

I'm watching 40 RSI (black dashed) on the 8-hour USD Index closely as it has been a frequent indication of reversal when reacted to, else it is currently confined to a descending channel (solid red). When the USD Index resumes its downtrend I don't ...

Davit's Confluence Trading

Update: Tracking my cash in base currency and all trades and commissions very closely, it appears that at day end they are applying the full amount of monthly accrued interest each day, not just what was accrued on that day. i.e. My accrued interest ...

Interactive Brokers - experiences and opinions

When I got up I took a scalp long NZD/USD and rode it the rest of the way to 0.87 -- boy, did it ever take its sweet time moving up those last few pips -- and now I'm short, but hourly RSI gave a lot of ground with little movement in price action ...

Davit's Confluence Trading

Davit, with your system, wouldn't the correct place to short NZD/USD be ~0.87? You shorted from weekly trend line resistance which made sense (I did as well), but I'm not sure why you held onto it when it broke back above (I got out but didn't ...

Davit's Confluence Trading

Update: By Monday my account showed the correct amount. What a waste of my time tracking down non-existent errors. Damn this antique TWS software that can't do basic math! Update: The bad math just started again. $30 went missing as soon as I took ...

Interactive Brokers - experiences and opinions

According to your chart (mine as well) AUD/USD has broken above a descending trend line dating back to February 2012 and retested it from above which is the worst place to short from using a trend line strategy which I have to assume you're using ...

Davit's Confluence Trading

After two weeks of tracking every trade I was confident that the "disappearing money" was just poor math on my part and everything seemed to be fine so I forgot about it, then today my balance was roughly $100 less than what it should have been ...

Interactive Brokers - experiences and opinions

Well, I seem to contradict a lot of people. I reversed my EUR/USD on the "close enough" uptick to the top of the consolidation channel. I wasn't going to get back into scalping but the trade was there and I was looking at it so I'd be foolish not to ...

Davit's Confluence Trading

I was thinking (I do that occasionally) about what what the real effect of today's ECB decision had on the Euro. First of all, it's now cheaper to borrow which makes it more attractive which is bullish. This on top of its already discounted price ...

Davit's Confluence Trading