I believe that you are wrong in your assumption about commercial positions. Commercial positions in COT report are mostly hedge transactions. They don't have much impact in the market becouse they mostly end up as a net "0" positions. By the nature ...

Why Is Price Doing What It's Doing?

Anybody who believes price will go higher in uspecified period of time becouse of various reasons but if there are no buyers at current levels price is just gaping down to find demand (eg. most of the pre/post news spikes is just result of low ...

james16 Chart Thread

url url They allow >500$ deposits. DayTrade Margins are not that high and there are mini/micro contracts available for currency trading. I've sent you an e-mail with detailed cost sheet.

LJ Forex Group

I agree about the TF mechanics and don't think there is much difference between them. Market participants change but laws of S/D and order-flow works in the same way.

LJ Forex Group

Hey T! Good to see you too Interesting setups on AU today. I consider opening futures account for LTF transactions at some point. There is not much point in trading anything below M15 with such high transaction costs. I would be glad to hear any ...

LJ Forex Group

And there is this argument about scanning >40 pairs every evening vs more opportunities on LTF (1 D1 candle = 10 H1 candles during higher liqudity times). Most of the currency pairs are corellated with risk sentiment to some degree and that makes it ...

LJ Forex Group

I am trading both LTF & HTF but there are some important differents between them. LTF Cons: -less capital needed in order to move/manipulate the price (more whipsaws and fake BOs = simple function of lower liquidity) -larger spread/profit ratio (10 ...

LJ Forex Group

I did not say they send your orders to interbank. They hedge their risk in interbank so if liquidity is low they widen their spread. A lot of bigger traders then you and me trade using oanda.

OANDA Discussion

Sry... i wasn't clear enough, You are right but that doesnt change the fact that they hedge their risk in interbank market. If liquidity is thin in interbank then their spreads are wide aswell.

OANDA Discussion

Pairs with positive interest rates difference like aud/jpy , nok/usd are raising during risk on sentiment and vice versa. This kind of portfolio will do well while major indexes are raising.

Fundamental trading. No charts or indicators

I am with them for 2 years now. Not even one complain here .... just dont play 5min pre/past news and there wont be any slippage. Most of the time slippage is just change in interbank liquidity around the bid/ask.

OANDA Discussion

Hey Mike, Dont forget to put this alien skull on your head when you will be handing this bill in the bank...you'll look more credible lol

james16 Chart Thread

AUDUSD SETUP — AUDUSD & S&P500 charts

james16 Chart Thread

Thank you guys. This is what i was looking for. All the best gh

Does such a script exist - TF shortcut?

Hej Tomaszu Thank you for sharing this interesting D1 PA. I've spotted this entry opportunity on lower tf. Now its either BE or a runner with pretty R:R.

james16 Chart Thread

Nice one Chanya I took the same trade but in other direction on EJ. Its good to share a loss from time to time and this one is really embarassing lol. It was tiny scout position and i've lost 1% on it but i have to say i managed to pick the exact ...

james16 Chart Thread

Price was pressing hard against the resistance on USD/*** pairs lately. S&P started to fall, AU&NU broke their D1 support and USDCAD with D1 BUOB on Oanda feed was trading on top of the D1 resistance. Now lets see how far we'll go here.

james16 Chart Thread

Well done Mike. Your broker must hate you... Highest profit to spread ratio How high was your %risk if you don't mind sharing?

james16 Chart Thread

XAUEUR — Something to watch. Upside breakout is most likely to occur here.

james16 Chart Thread