YEAP... that is the game. You place an order when the broker was quoting "ask" 1,3080, order get accepted now you own X amount of euros at 1.3080... the Broker in that immediate moment offer you (their bid price) say.. 1.3078. Thats it... from there ...

Economic Question: Why is price affected by supply and demand?

It seem there is a lot of misconception of how forex market works. Here some answers: There is a big difference between a normal supply and demand from the economy point of view and the forex market. The difference In the forex market is that NO ONE ...

Economic Question: Why is price affected by supply and demand?

Hi c3p0. That is the fallacy of the system. The more you adjust the lots, to a point that could be a perfect hedge. Then will be no profits nor loss ever. No point in pay spreads for nothing. If the lots are not perfectly balanced, then you are ...

Three Pairs Hedging

No, not an strategy. It is a simple mathematical formula. No, it is not a joke. Will be true. J

Extracted Posts (per thread starter's request)

. merging positions is related to another dumb USA rule , the "no hedging" rule. Meaning you can not be long and short in same pair. If you have 1 lot long and add another lot long, then the platform merge them to 1 position of 2 lots... but if ...

Metatrader 5 broker with symbols from all around the world

FIFO (first in, first out) from accounting lingo for inventory. In forex mean that your first purchase of the same currency needs to be sold first. That restriction does mess up some strategies. But it is the opposite, mt5 does comply with that USA ...

Metatrader 5 broker with symbols from all around the world

Hi MapleLeaf.. So, you agree with me then...right?. They play between the 1/2-2 pips I mentioned and the 3 you mention.. See, but that is not "market" manipulation... they are quoting and playing in between the whole wold consensus of pricing. The ...

Forex = legal scam

You are right. In this case your net position is short USD/JPY 0,00292 lot. You recovered the spreads because the USD/JPY had a drop from 96.31 to 95.95 (36 pips) But if you left the trades open until close, you are in the negative again as the ...

Three Pairs Hedging

. As probably all the futures you need are found in mt4 brokers, why don't you code as you wish with the mql5 features and execute in mt4 Broker. You could code the bridge or they already available in the market quite inexpensive. J.

Metatrader 5 broker with symbols from all around the world

. By far the mainstream platform being used for retail forex trading is mt4. For forex I use only mt4 and Jforex. But for other non-forex instruments other platforms suit better. Do not know which is most used out of the dozen out there. Reading ...

Metatrader 5 broker with symbols from all around the world

. Probably easy to find all the brokers that offer mt5. Not that many as mt5 never made it since launch, and probably never will become mainstream use. Finding the Brokers, then would be easy to find out the instruments as should be the same ...

Metatrader 5 broker with symbols from all around the world

"Operate" just means "trade" or having accounts with many brokers. I never mentioned anything related to percentile of winners or loser... By "us" I meant traders that trade for a living. The "Market" has no problems... the market is the market. ...

Forex = legal scam

. I trade the major impacts news. The market in general gets some 5-9 pips in that pair. Just to make sure I cked in all my live accounts and they have same up bar spike in the 5M charts. before the spike down. Just the market doing its things, no ...

Bad trade on Alpari NZ?

. All Brokers "promote" their own BS and do their own calculation of their "average", "minimum" etc. But at the end is only that.. "BS". Like I mention, the ECN probably have hundreds of bids and ask prices at any given millisecond. All Broker's ...

Lets end this once and for all... looking for a true ECN

Exactly... the only post that makes sense. j.

Broker with 0% leverage and no minimum contract?

. Technically speaking the spread could be any positive or negative number. But the market is so efficient that they do not last long. Also we need to realize that the spread is just a "difference" between 2 prices the bid and the ask. We don't pay ...

Lets end this once and for all... looking for a true ECN

. I see only 2 gaps in the chart and they seem to be weekend gaps. They do not mean anything nor indicate anything for future quotes. It is the normal price difference that can occur when a Broker is closed and do not quote. J.

What do these Price Action Gaps mean?

Hi MapleLeaf. All of your 2 cents did not addressed my question. Instead just a lot inaccurate theory. Some even makes no sense. For example saying that if I am a good trader A market maker would "make sure" taking a position against me. . Why ...

Forex = legal scam

I agree with you that perhaps your strategy would not make enough for you to live from if your investment capital is limited and that finding alternatives to make more initially is a good idea, but do not disregard the fact that a 3% per month in in ...

How to find big investors who invest more than $10 Million