Looks like a break of 0550 is a big possibility tomorrow

Cable Update (GBPUSD)

Cityindex work like a normal retail FX broker. They pay/charge swap depending on the interest rate differentials. If you are long on GBP/JPY you earn 3.2 pips per day which is better than a lot of retail brokers.

Risk Free Arbitrage with Spread Betting

bgc is an institutional broker, do they even accept retail clients?

Introducing brokers for www.bgcfx.com/

the best time to trade depends on your strategy. I would avoid signal services and just learn to trade yourself. I would get a demo account and spend some time trading it to start with.

I am a beginner in forex

The spread needs to be considered when working out your profit, but on a bigger move, it wont hurt too much. I will share my spreadsheet very soon, I just need to make it understandable, it's just a mess at the moment. I am not too hot with ...

Risk Free Arbitrage with Spread Betting

no problem, glad you like it. I think IGIndex goto 50p per pip, but please don't hold me to that. I know city index minimum is 1 pound per point.

Risk Free Arbitrage with Spread Betting

strange 48 hours, all this volatility and we are more or less back to where we started

Cable Update (GBPUSD)

Good point yes.. They all expire at different times.

Futures expirations... be aware!

I only trade it on the daily. I either enter the trade at midnight (GMT+2) or leave an order at a trend line.

Simple 5 / 8 moving average crossover

You are welcome, I am glad u are doing well with it.

Simple 5 / 8 moving average crossover

$300 is far too small an amount for a mini account. Personally I would not even consider a mini account with less than $10k, preferably more. You can get accounts that allow microlots, which are a tenth as the size of a 10k minilot. But you need to ...

Now I know why 95% of traders are on losing side

Well damn cable. I was hoping for a big carry unwinding today! How boring.

Cable Update (GBPUSD)

With the central bankers, listen to what they say. If they are hawkish in what they say it's usually a bullish sign, or dovish a bearish sign. I know Trichet likes to use the term "strong vigilance". When he uses this phrase it has often been his ...

Stupid Question about News Trading!

Me neither. I did at first, thankfully I was only demo at the time!

Cable Update (GBPUSD)

me too.. cable just cannot find any clear direction at the moment. Unless the carry trades unwind, It might break to the upside. Have to wait and see :-)

Cable Update (GBPUSD)

Great stuff. You guys are doing better than me. I haven't made a trade yet this week, at least this way i can't lose

Simple 5 / 8 moving average crossover

Thanks :-) City index do both daily rolling contracts and the futures contracts you mention. If you are paying interest on both sides, the positive should more or less cancel out the negative, but look closely at broker swaps, they can vary a lot.

Risk Free Arbitrage with Spread Betting

thats interesting to know. I have never tried dow futures live, just demo. Do currency pairs fill the gaps more than 50% of the time? I've never looked into it, it would be interesting to know. Pete

Cable Update (GBPUSD)

Not sure there is a more simple strategy than a 5/8 cross and stops below the previous days high/low. I like simplicity.

Simple 5 / 8 moving average crossover

strange day, the dow even ended positive. I think cable needs to break 2.0245 ish for things to get really funky this week.

Cable Update (GBPUSD)