What is considered an abnormal market condition? Still sounds like they reserve the right to increase spreads, stop hunt, etc. just like any other brokerage. More info please.

Are Ur Funds Safe...with Ur Brokers...?

I am prepared to take the loss if necessary and have taken such losses. I've also had gains of 50-100+. It is called speculation. In the beginning, I didn't take such risks and the stops were tighter. In futures, I hedge against my trade on the ...

Predicting direction of economic releases

If someone blindly follows a trade simply because it is posted, they fully deserve to lose. Odds may be better in a gambling casino or playing a lottery. "All it takes is a dollar and a dream" I am a currency speculator. I would not work for ...

Predicting direction of economic releases

I still use a 50-100 stop loss. If you look at today's trade, it would not have stopped me out and I can wait for the retracement to get me out. Today I did not trade because moments before the news release, CNBC announced a piece of news that a ...

Predicting direction of economic releases

My prediction for the Canadian Employment Report was wrong. I heard on CNBC's Squack Box this morning that the report was going to favor the USD. I didn't trade. I have no inside scoop. My 14+ hour advance prediction on the trade was because I had a ...

Predicting direction of economic releases

This is one of the reasons why I trade before momentum. I may not always get the direction correct but I also don't have this complaint anymore. I now trade with a direct ECN but I made sure they sent me a message about not increasing spreads or ...

news trading broker warning

Forex News and Press — Tuesday - US Trade Balance Thursday - US Retail Sales Friday - Core CPI Can you look into my posting account regarding permissions to post on other sections of the forum? My account seems to lack to permissions for ...

Canada Employment Report

I've posted this before in one of my messages. I enter the trade approximately 5 minutes before the report comes out. I choose currency pairs based on what country has the report. Usually it is against the USD because I trade fx futures as well. If ...

Predicting direction of economic releases

Dude, it happens. Shows that I shouldn't predict 14+ hours in advance. CNBC stopped me from trading this morning but I already posted the short yesterday.

Canada Employment Report

Wow, I called this direction wrong — I called this direction wrong. Maybe I shouldn't make a prediction 14+ hours in advance of the announcement. It was a 50-50 chance of getting it right. This morning's CNBC Squack Box discussed this trade ...

Canada Employment Report

Private Messages — If you have not introduced yourself in the forum, please do not private message me for information. I am sorry that I must now post this request but your questions, though important to you, should be posted in the forum so I ...

Predicting direction of economic releases

[QUOTE=sccz97] I trade fx futures too so I agree with you with one exception. Because the fx market place sees regulation coming around the corner, many are seeking strategic partnerships with offshore banks while maintaining the US market under US ...

Predicting direction of economic releases

Stop Loss — Your question is a comfort level question. You must decide what you are comfortable with losing on a trade. I've had stop loss orders of 50 - 100 pips upon entry. If it moves against me and does not trigger me out, I wait until the ...

News Trading Broker

Live feed. Real Account. Cannot identify the broker since they are not a supporter of this site. I would be violating a posting rule and can be misunderstood as an endorsement. It is the default broker of the platform.

Platform Problems

AUD USD Trade Balance — Does anyone have something else on the charts? I've compared two different software platforms. They don't reflect the same price movements.

AUD Trade Balance

I don't straddle trade. Read my posting on Predicting the direction of an economic release.

Canada Employment Report

Agreed. Got to work on a new issue tonight on the AUD/USD trade. The broker spread the bid/ask so much that no real profit can be made. Can't wait until forex becomes a regulated market.

Predicting direction of economic releases

If your broker puts you on manual order, it is time to find a new broker. What more can be done?

News Trading Broker

Seems like some of the brokers split the bid / ask spread so you can't make a decent profit. I'll have to deal the brokerage about this. It is a new issue.

AUD Trade Balance