Ok. :-) I do the same but simply so I can earn interest on my non-utilised funds. This CHF debacle is going to be a nightmare for the legal industry and ASIC here in Aus. There are those with legitimate concerns regarding disclosure and risk ...

Forex changed forever!

Protecting your money.....mmmmmmm. There is trading according to the rules and then there is risk management by skirting obligations. Those who provide a minimal deposit whilst segregating their monies in seperate bank accounts are relying on no ...

Forex changed forever!

Amen to that zxd :-) Yep the suspicion is hard to avoid especially in the 'sniffing of stops' but I have a feeling that my overly conspiratorial nature is my biggest problem. My trade sizes are hardly a blip in the scheme of things. I just like to ...

What's the inspiration left for retail trading?

Liquidity can be a problem with MM's but on balance, IG is pretty good and needs to be to maintain its market share. The problems with last weeks CHF crisis was faced by the ECN brokers as opposed to the MM's. IG did however cop a $30M loss for the ...

What's the inspiration left for retail trading?

Hi zxdtrader. IG (Australia) offers both MM (over the counter) and Direct Market Access (DMA) models for the pro investor seeking to know market depth. The DMA is very similar to the ECN model however with a slight difference in that IG stands in ...

What's the inspiration left for retail trading?

Spot on B. Great advice as per usual. :-)

ETMA_The Evolution

Well done tim10167 and best of luck with your progress. It is likely that a broker would attempt to come to the negotation table rather than potentially lose their AFSL but given the manner of their disclosures to the investor/retail trader = retail ...

EUR/CHF

While it is not possible to predict price movement with certainty, macroeconomics does appear to have a role to play in moving price on the long term. If it didn't then this would render monetary policy ineffective. Furthermore the cornerstone of ...

Why it is possible to predict price movement?

Where we are Heading with this Approach For those of you who have been following this approach, you may be sensing where we are heading. Currently using the EDTT approach we are now trading 2 timeframes. Namely the D1 timeframe and the H1 timeframe ...

Diversified Trend Trading Approach

mima I will give an example below of the steps taken to place a green predictive entry on D1. I hope this helps a bit in deciphering this all. I will use NZDJPY as an example. On the weekly chart we are in an uptrend defined by the SDC by extending ...

Diversified Trend Trading Approach

Hi mima The green dashed line is a predictive entry line (effectively an alert) on the D1 timeframe which notifies me when price is closing in on the line to drill down to the H1 timeframe and look for an entry into a primary trend. The brown dashed ...

Diversified Trend Trading Approach

Thanks B :-)

Diversified Trend Trading Approach

Nice :-)

I like it simple

*sniggers*......I like the "let's build a fire and sing songs" comment! The kind of fruitless thing you do to make you think everythings gonna be alright!!!

Has the latest event with CHF affected your outlook on forex?

The conspiracy theorist in me also wonders what quantum of impact was associated with the high frequency bots to assist such a price move following the announcement. I would love to know who were the silent BIG winners of last week. There are sharks ...

Has the latest event with CHF affected your outlook on forex?

Good to hear scottik. There were a shed load of victims last week in need of a good hug. That friggin.. bank!!!!!!

Has the latest event with CHF affected your outlook on forex?

I am not so sure. Scalping on the wrong side of the CHF pairs immediately prior to the SNB announcement could have cleaned a trader out, namely due to the enhanced position sizes that scalpers use for the small moves. A long term trend trader ...

Has the latest event with CHF affected your outlook on forex?

Some are both for example IG. It offers Direct Market Access which is ECN (almost) or MM models. I actually prefer MM for the big providers who are going for market share due to ancillary services offerred and the need to remain competetive. Of ...

Forex changed forever!

Perhaps it is FF paying tribute to all the lost souls and brokerages from last week. A flags at half-mast thing....On the other hand we may all be viewing this forum from a parrallel universe (*scratches head*) /tic :-)

I like it simple

I agree. I have been suss about the Swiss since they started ripping us off by putting huge holes in their cheese/tic. I mean who wears clogs (apart from the Dutch oooops)....I mean really!!!!! They are shifty blighters. Here is a video of the SNB's ...

Forex changed forever!