High leverage can have many advantages. Personally I love carry trades. Say I am long on TRY/JPY with 400:1 leverage, it means the margin requirement for the trade is massively less than if my account leverage was 40:1. I could leave this capital in ...

Is Forex trading a game?

so instead of putting the typical spreads, you put the minimum spread. That is very misleading.

Scalping with Forex.com?

you need some kinda risk management... that would leave you side open if price went against you and never returned.. If you are gonna scalp.. you will need a broker will the smallest spreads possible.

is this a ridiculous idea ? maybe i'm losing my mind !

short term trend is up for now.. but I'm not convinced it is going to last long..

USDCAD trend reversal?

Yep... all indicators are lagged.. So it is often not a good idea to use them on there own as this would often mean you were chasing setups, which usually results in losses.

please help about technical indicator

thanks for your reply.. 5 pips is a bit high i guess for cable.. but if there is no slippage its just about acceptable.. for some types of trading... definately not scalping though! On their website they are currently quoting 2.5 pips for cable and ...

Scalping with Forex.com?

ah yeah.. I see it.. I don't trade that pair with it.. It can range for a long time.. though lately the euro has been stronger.

Simple 5 / 8 moving average crossover

235.50 may provide some support.. it was certainly pretty strong resistance previously

Auslanco - GBP/JPY and GBP/USD (newstrade)

What are the spreads for cable and gbp/jpy with forex.com? I looked on the site and it showed 2.5 pips.. but it says "minimum spread" I used them years ago and they had a huge 5 pip spread for cable. The online platform was truly awful too.

Scalping with Forex.com?

I know a lot of financial spreadbetting firms do, like igindex.com Saxo do too, they offer futures, options, stocks, cfds but I wouldn't sign up with them, the sales man hassle u bigtime

Variety

No harm in letting it ride if your at no risk at least :-) I dont like to make predictions, I just trade my setups.

Cable Update (GBPUSD)

Be careful with that thought.. it doesn't always happen.. I think GBP/JPY may start trending downwards for a sustained period at some point in the future, perhaps not for a while yet.. We will see..

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm still long.. My trailing stop has locked in about 65 pips or so.. it might hit.. we will see...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Not really.. they do often correlate.. I have noticed that sometimes there is a delay with GBP/JPY.. sometimes the dow is a leading indicator, but not always.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Your feelings might be right. My feelings about the market scare me to death quite honestly. I often have no idea what on earth price will do as there are so many variable. I just trade good setups and try to be prepared for every eventuality :-)

Cable Update (GBPUSD)

yeah... been a crazy rebound after the big slump.. big question is will it stay there? We will find out in time..

Auslanco - GBP/JPY and GBP/USD (newstrade)

good luck.. hope it works out.. personally i prefer to go with the trend.

Cable Update (GBPUSD)

I usually prefer to use my native currency, which is GBP, as using another currency gives an extra risk factor. If I had to chose one of those I would feel a lot more comfortable with CAD.

Should I fund my acct with CAD or EUR?

That is very brave of you, against the long term trend and weak US fundamentals. It might hit if carry trade collapses as that usually adds a lot of dollar strength

Cable Update (GBPUSD)

bullrock.. You do talk a lot of sense... I agree with most thing I have read of yours :-) There are so many get rich quicksters in FX, following by a lot of tears.

Is trading a competition, battle or war?