Monthly and daily say sell. Weekly is forming a very bearish candle as well. I'm not pleased with the close of the Daily candle (closed at the Daily 50% Fib roughly). I'd like to see a stall here and a drop to at least yesterdays lows. For now I've ...

USD/CAD

I had the same problem as you. Check out Interbank FX. They are based out of Utah and for some reason they are able to offer LIFO. I've had no problems with them since opening an account.

Building an equity millipede

Good trade VEE. CHF pairs look ready to push higher. I will be focusing on AUDCHF should the daily candle close where it is now or higher.

Building an equity millipede

Thanks for this. I downloaded MT4 and got a demo account with IBFX and it appears to fix my FIFO problem. I will probably just open two accounts under my LLC so I can hedge. I still have to do some research on IBFX. Everything I've read online ...

no regulations stopping US residents from opening offshore accounts

So I've just read through this whole thread and from what I understand. 1) The LLC that I already have setup is not sufficient to open an offshore FX account. 2) Our government is going communist. The main issue I'm having with my broker is FIFO. ...

no regulations stopping US residents from opening offshore accounts

No I believe it does not affect our profitability but for the sake of stat keeping and position management it becomes a bit more complicated. I've been trying to design a spreadsheet to help me with this. I know I'm missing a lot of parts to it and ...

Building an equity millipede

Callisto, Yeah sorry I didn't read the help file I just thought I'd post and the FXCM guy would answer because they want my business. You also did not answer my question or link me to a place I could find my answer. I appreciate your concern but I'm ...

FXCM Discussion

I recently downloaded a demo trial of FXCM's Trading Station and I noticed that FXCM's position management system is first in first out regarding multiple positions on the same pair. For example: Sell 10000 EURUSD @ 1.45 Sell 10000 EURUSD @ 1.4 ...

FXCM Discussion

I'm not exactly sure what you mean in the last part of your post but this really is a pain in the ass. I'm going to call FXCM UK and see this isn't a problem with them. To be honest it worries me to put my money in Europe with all these financial ...

Building an equity millipede

What broker is everyone using? I'm currently using TradeStation and their position management forces me to dump my most profitable position. For instance... Short EURUSD 1 lot at 1.45 Short EURUSD 1 lot at 1.40 Both stops are then set to B/E..price ...

Building an equity millipede

Sorry forgot to upload lol.

Excel Trade Log

Thanks for your replies I will be checking out Dukascopy. As of now I've been building an Excel formula sheet to manage my trades as well as serve as a double check to TradeStations trade logs.

Perfect Broker?

Ok first of all I'm sorry this is off topic but its a question I've been researching the last couple days and I have been demoing many different brokers and platforms. I know this is easily the most viewed thread on FF so I decided to ask here b/c I ...

EURUSD

I've been watching USDCHF closely too and I have no idea where price will go. I actually tried trading both directions this week but wasn't having any success so I just stopped watching. I'm extremely unsure of where we are going next so I simply ...

Trading Major Lines

Good example that good trades can happen at any time of the day.

Trading Major Lines

Well to be honest when I read your post, "I'm also confused about the "major lines", and how they are arrived at. Thanks for any clarification." my first reaction was that you indeed did not read the thread because that is the main fundamental idea ...

Trading Major Lines

CHF pairs are looking very interesting this week. Should be another volatile week and I'm prepared to trade both ways hopefully to catch the start of a big up trend, but CHF def has the room to appreciate more.

Trading Major Lines

Thanks guys. Back in USDCHF momentarily. Not thrilled with how that candle finished but will hold on. Edit: Out with minimal loss.

Trading Major Lines