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srmfx replied May 27, 2011Hi Tilt, The problem with the charts should ne solved now. I will upload them as attachements. The forex market is all 'bout the money these days and the only way to make profits is to go with the flow.
Following the big money
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srmfx replied May 27, 2011This is my favorite set up and I call it STE. The idea is to enter the movement following the big money after a correction towards EMA. First and second part of the position were closed for 5-6 pips profit after the position stayed opened for more ...
Following the big money
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srmfx replied May 27, 2011The third part of the position was stopped at 1 pip profit.
Following the big money
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srmfx replied May 27, 2011Let me explain why the last trade is posted in a thread titled "Following the big money". Large market participants don't scalp. They open positions aiming for a few big figures and lasting a few days. We don't know what they intend to do but by ...
Following the big money
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srmfx replied May 27, 2011On a 15-minutes chart a clear support at 1.4242 is visible. This is e pretty good level to enter in the direction of the previous price move with a very small stop. I bought at 1.42438 with 5 pips initial stop. The first part was closed at 1.42506, ...
Following the big money
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srmfx replied May 26, 2011The result of a trade depends on the position management rather than the set up we use for entry. This fact is difficult to be understood for most of the traders and that is why they lose money. In this example you can see how I use my STE set up ...
Following the big money
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srmfx replied May 26, 2011This is the first example. The set up was a flag on the 1 minute chart of EUR/USD. The entry was before the open of the NYSE, because this day EUR and the stock showed strong correlation. The initial stop was 5 pips and the target was 40 pips. Half ...
Following the big money
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Following the big money
Started May 26, 2011|Trading Discussion|2,538 replies
I start this thread with the intention to share my 15-years trading experience. Actually I ...
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srmfx replied Apr 12, 2011I was trading with Oanda for 6 years. They increased their spreads and during news releases they are awful. I transfered my account to IKON Viking. The spread + commissions is 1 pip or lower and the fills are much faster than with Oanda.
Central Banks & Big Players
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srmfx replied Apr 1, 2011The minimum for new account is $1500. The leverage is 1:100 but I changed my to 1:50.
ANY Experiences Changing from OANDA to Dukascopy or IB
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srmfx replied Mar 30, 2011I transfered my account from Oanda to IKON Capital (Currenex Viking platform) 3 months ago. The difference is huuuuge. The spread even + commissions is lower and not so wide during news releases. The fills are much faster and the platform is not ...
ANY Experiences Changing from OANDA to Dukascopy or IB
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srmfx replied Mar 25, 2011You are right that $20 per side is pretty good commission, buy for my account it is 0.1 pip of the base currency.
ECN Brokers
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srmfx replied Mar 24, 2011I have real account with IKON for more than 2 months and they charge $20 per round turn. Actually it is 0.2 pips of the base currency per RT. I like Viking more than the regular Currenex platform. This is a matter of trading habits probably. I use ...
ECN Brokers
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srmfx replied Mar 23, 2011Their web sites are working fine. Probably the problem is with your internet provider. I don't read opinions in fx forums. Most of them are negative. If i find a broker that provides good conditions for trading I just open a live account and try it ...
ECN Brokers
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srmfx replied Mar 23, 2011You can't find a lot of info in fx forums about IKON Group. You can read this url to find out more about the company. IKON Capital is their UK branch. I had account a few yeras ago and their service was fine. I closed my account because the ...
ECN Brokers
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srmfx replied Mar 22, 2011No special requirements for account size (the minimum is $1.5K) or monthly volume. These conditions are for IKON Viking only.
ECN Brokers
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srmfx replied Mar 22, 2011My account is with IKON Capital ( url ) and they are regulated by FSA. They have the lowest commission for ECN. I was surprised but the fill is the fastest I've seen. I'm trading forex for 10 years and changed may brokers.
ECN Brokers
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srmfx replied Mar 22, 2011I trade with IKON Viking. The commission is $10 per 1M. Spreads are very good (0.5-0.8 for EURUSD) and execution is excellent. Withdrawals are proceeded within a few hours.
ECN Brokers
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srmfx replied Feb 4, 2011The orders with the best bid and ask are between 1 and 3M. Sometimes it's 0.5, other times 5M. I can't see all the liquidity. Today the distance between bid and ask for USD/CAD jumped to 18/9 pips during the release of Canada unemployment numbers. ...
Very large oanda news spreads
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srmfx replied Feb 4, 2011The minimum required to open an account is $1.5K. The leverage is 1:100 but I changed it for my account to 1:50. I don't trade during news releases. I tried only once but the market moved earlier and my slipp was 0.5 pips.
Very large oanda news spreads