You're right, its not a technology issue, platform delays and freezes are programmed in, that was proved when FXCM and forex.com got heavily fined. The MT4 virtual dealer plugin is designed to make this happen. That's not to say every broker does ...

Why brokers freeze the platform?

They have a news release specifically about MF Global here url

MF Global

Sorry I should have replied to your post url

MF Global

url

MF Global

Make sure they are regulated whoever they are.

MF Global

Retail forex exists to fleece people, I'm surprised that many are making money with all the tricks the brokers are pulling.

US Forex brokers account profitability comparison

Yes the first one, the maximum you should lose would be $20 so you'd set the stop accordingly.

Help for Newbies (Discussion Thread)

There is still an advantage to only dealing with regulated companies, there are compensation schemes in many countries eg Canada up to $1 million, UK up to £80,000 I believe. Try claiming compensation off some offshore broker run by Russians in ...

MF Global

This isnt getting any better, now there are criminal investigations taking place as well. No word on the missing $600 million either.

MF Global

What happens if it goes to 80, fills your order and immediately drops to 70? What is your plan then?

Help for Newbies (Discussion Thread)

Entry is a limit order at the price the PIN closes, stop is last swing high/low, exit is discretionary, depends on time of day etc. I never hold after the futures close, 9pm UK, 10pm CET. If the last swing low/high is too far away I'll give it a ...

james16 Chart Thread

Short PIN with divergence, I'm a bit more careful with these. They usually involve picking a top or bottom which can be dangerous.

james16 Chart Thread

As I said I normally steer away from forex but here is the same method on a H4 EURUSD chart.

james16 Chart Thread

OK well there are still a couple missing but I suppose I can repost the charts.

james16 Chart Thread

I may be wasting my breath but attached is yesterday PIN bar trade on the e mini S&P futures contract. Short PIN, in a downtrend, bounce off a MA, no divergence to warn against a change in trend.

james16 Chart Thread

These are interesting numbers but how were they derived? How many people who were profitable in Q1 lost money in Q2, Q3 etc? I suppose the real measure would be to compare starting balance to current balance excluding deposits/withdrawals.

US Forex brokers account profitability comparison

Are you using an MT4 platform by any chance? If you look at the FXCM or Forex.com fines you'll see that in some cases they had a delay of up to five seconds programmed in, this was to facilitate some dodgy business with slippage. This was achieved ...

Why brokers freeze the platform?

Unfortunately that is very true, when this kicked off I was thinking that surely they wouldn't have been using clients funds for these trades as that's strictly forbidden, how wrong I was.

MF Global

I wonder what will happen if losses suffered by clients really do end up in the hundreds of millions. In the UK there is some protection for funds up to a certain individual amount but surely there will be an upward total limit.

MF Global

Oh well, another one disappeared.

james16 Chart Thread