with being long G/C, G/A and G/N you buy GBP expecting GBP to rise. with short G/J you`re selling GBP and expecting GBP to drop. its not likely that long and short GBP will win.

The Gorilla Method

Broker Halifax in administration: clients money segregated in a bank account is NOT safe. Halifax should have 211 million dollars of clients money in a bank account, but external accountants identified a shortfall of 10-20 million dollars. now the ...

which Australian broker has client money insurance?

Halifax NZ and Halifax AU under administration. creditor meeting 5 December in Sydney. now you know why I would never join an Aussie or NZ broker: your money is not safe! why is it that the governments in Oz/NZ can`t set up an insurance scheme like ...

which Australian broker has client money insurance?

would it not be easy to open more accounts with your broker, so that you can hold your trades longer?

System of Pending Orders

thank you for your reply. I think your system, which should be quite straight forward, is becoming a bit wobbly with a lot of discretion left to the trader in regards to the account equity, number of trades and number of pairs to trade. I feel one ...

Quantum 00 Level Daily Trading

your leverage is not really that low at $10 for every $1 in equity. that means that a 1,000 pip move against your average price will lose you your account, not counting anything for margin. for me 2007/2008 is the stress-test for this system and its ...

Quantum 00 Level Daily Trading

fyi Activtrades 20 pairs with positive swap, 7 pairs with 0 swap. spread is very good as well and no commission.

Quantum 00 Level Daily Trading

hi mer, if you go for positive swap, you`ll end up with 6 CHF short and 5 JPY short. when the trend is going down a lot and you keep adding long trades, your DD will be out of control even with adding small positions. look what happened with the JPY ...

Quantum 00 Level Daily Trading

obviously Nivad has a longer-term view than Graviton: generally months/years compared to days/weeks. it follows that the stop is a lot wider for Nivad once the trade is going. in an uptrend, the stop might be activated if price closes below the last ...

Trend Trading

its not possible to change MT4 - its the broker who sets the new daily candle. I`m pretty sure some UK brokers will have a new daily candle at 5pm NY time, but you`ll have to search for them.

Monthly Profit - Daily Trading using SMA

yes, you`re right: best opening time for new daily candle is 5pm NY time after the UK and US sessions. Oanda opens at that time as well. ForexFactory uses NY default time, so the daily candle opened 2 hours ago. hope this helps

Monthly Profit - Daily Trading using SMA

Taigen is buying..........

Trend Trading

Taigen, you are catching a falling knife. this method might work for a while, but is doomed to blow up your account one day - even with small positions if you don't stop adding on. at least wait for a little bit of confirmation that the trend has ...

Trend Trading

sad to see you go C. you put soooooo much into your threads. hope you find lush, green grass somewhere else. wish you all the best.

Diversified Trend Trading Approach

sorry lasty, you`re right: UK 30:1 as well, being part of the EU for now. might change later if Brexit comes next year.

IC markets closed to New Zealand clients, other options?

just what I thought: cant come up with the facts a whole load of BS

The Killing Floor

where can I see those facts?

The Killing Floor

I hope you can back up your claim with more successful trades in the last 6 months than without the indicator, but I dont hold my breath.

Monthly Profit - Daily Trading using SMA

its true you can convert currencies very easily at Interactive Brokers. be aware that IB give/charge interest over your deposits minus 1% if you have US$ you will receive about 2-1 = 1% interest for currencies below 1%, you will have to pay ...

Bank Conversion Fee - Is There A Way To Avoid Being Ripped Off

Most likely E/U and U/J were chosen for their low trading costs = spread. why would you chose a pair with a spread of 3 pips if you can do with a pair with a spread of 1 pip or lower. no need to try other pairs. common sense people

The Killing Floor