Amongst all of these posts there are golden nuggets of info and that's one of them. Here's a hint to everyone-EURUSD is the most liquid pair. It also has very tight spreads. It's all you need. Think I saw a post somewhere by someone claiming to make ...

No more BS - What have you learned?

I completely agree. This is why these threads are so dangerous because they're full of people making pronouncements with such conviction when they're actually dead wrong. 95% correlation between spot fx retail broker volume feeds and a major ...

No more BS - What have you learned?

Could you provide me with the data/where you heard about that for that correlation? Considering that supposedly 95% of people lose money trading fx, and they're going to be going through these same retail brokers and contributing to their volume ...

No more BS - What have you learned?

Where do you get the tick volume from though? If it's a broker like Oanda/Alpari/whoever, it is only showing the orders that they are routing. And no offence to us small time fx players, but I don't think I'd pay much attention to what we're doing. ...

No more BS - What have you learned?

But then how do you view order flow in spot fx if there is not centralised volume?

No more BS - What have you learned?

Hey Cindy, I have no knowledge of your 1000s of posts, just want to congratulate you on a v honest and informative thread. The fact that you really get auction theory/how supply/demand and the big boys work means that this is shaping up to cover ...

Trading as I know it...

Here is the key to it all. Look on a 1 hour chart. Zoom out a bit. Scroll back in time about 3-4 weeks, get a pen and paper and do the following. 1) In 'realtime'-as in you can't see the next bar, pick the major highs and lows as they occur. When ...

Trading Without a StopLoss

Have to be quick as am leaving office soon. Have been actively trading without a stop loss for a few months. Most successful I've ever been. Ask yourself these questions: 1) When support becomes resistance, and resistance becomes support-why is ...

Trading Without a StopLoss

What's wrong with it, I have 5 min-30min data that goes back all the way to 7th April, 1/4 hour history goes back to 3rd Feb, daily gors back to 2004 etcetc. Do you need a year's worth of 5 min to 1 hour chart data, or 6 month's of 4 hour data? ...

LMAX = revolution?!?

Was supposed to be some testing last week, haven't heard anything, will email lmax this week

LMAX = revolution?!?

Sorry, didn't post live as out at physio. Took usjpy short at 93.63, TP 93.18 - filled and closed. Apologies, cannot remember SL, would be about 18 pis so about 2.6:1 Risk Reward. url Also short EURGBP @ 8493 SL at 8511, TP 8435 url Short NZDUSD ...

S&R short term bounces

5075 looks like a nice spot-did you re-enter? Have entered at 5083, price really looks like it wants to push away from this level today url

S&R short term bounces

Findus, it appears that you missed the trade where price reached the 1.2928 level, and shot down for approx 40 pips profit?? You have then taken a trade on the 2nd test of this level but have missed the first two touches? of course this might just ...

S&R short term bounces

Bear in mind that it's the UK budget announcement at 12.30 UK time today-prices could go haywire on gbp pairs. Good thread-hope you've got a better Risk Reward ratio i.e. 1:1 by now!

S&R short term bounces

Hey there, how do you get the fxcm free data-do you have to have an acct with them? Don't use IB anymore but get $30 inactivity fee every month. Also, can you get fx futures data on this free feed-I use volume spikes in futures to identify turning ...

LMAX = revolution?!?

Good news, after I emailed them to ask r.e. platforms (I don't like Multicharts), was emailed by LMAX client relations bloke. They are now in partnership with Sierra Charts and should be going live in a few weeks. Wow, so I ask them and they sort it ...

LMAX = revolution?!?

I am with Lmax and use stop orders for entry and exits (stop losses/take profit etc). On the order ticket that comes up when entering a trade, you have the option of entering at market price or setting a limit order to enter at a certain level.

LMAX = revolution?!?

Well I would guess they're just concentrating on the pairs that have the highest volume and not getting their systems bogged down with lots of feeds from exotics like Norwegian krona vs Mexican peso. They have all the major pairs that you need to ...

LMAX = revolution?!?

sorry but it's not Lmax's fault. This is how markets work. Say your buy stop is set at 100. Price is 102 at the close. Prices reopen at 98, there has been no trading gradually down to the 98 level that will have triggered your buy stop. So now it ...

LMAX = revolution?!?

Am with LMAX and not via another broker. If you post a certain amount of commission per month then you get multicharts free so to speak-think you have to make about $100 in commission.

LMAX = revolution?!?