As a company Rep of course you recourse to how "strict" the laws are, "controls" and so on. But the fact still remain. For example, if FXOpen mishandle (voluntary or involuntary) clients money, and regulator intervene, and they find out that 70% of ...

Is your money safe with your broker?

The only reason that matter where is regulated is in case they "do not pay" . Regulation by itself mean nothing. Being regulated in a country where "Investors Compensation Funds" exist for forex traders is what count. For example, USA and Australia ...

Is your money safe with your broker?

Haggis. Also, when you do any analysis, keep in mind that the volume provided in the indicator is a plain "tick" counter. And completely un-related to amount of money traded. J.

Average Volume Indicator?

That is not inventory. The Broker does not own that money. Those are clients "orders". But are only the Broker's internal book orders. Now imagine the thousands of participants around the world. All of them having completely different flow. What you ...

Dukascopy

.. for sure... LMax is just a hub that places client orders in the market...most likely every LMax client order end up somewhere if not matched by Lmax software. Most likely that some are filled by Dukas from time to time. Only LMAX LP know those ...

Dukascopy

. Traders dump Brokers for some estrange reasons sometimes. There is a lot of misunderstanding in terminology. ECN, Market Market, etc. Every major Bank is a Market Maker. DB, Citi, Barclay, UBS, etc. And also all "connected" to the ECN. ..so, being ...

Dukascopy

.. makes no difference. The point was if NO ONE want to sell at the price we want to buy or NO ONE want to buy what we place in the market, at the price we want... thats it. Does not matter. LPs, LMAX, CME etc, do not have currency inventory like ...

Dukascopy

The market it is this way... a lot more times then we think there is no liquidity. But most market makers take your order anyway. Usually grabbing someone else stops (sometimes could be us). Slip the order to some other price, and/or slip all the ...

Dukascopy

Hi Gumbai. Yea, would be interesting to know more from people with experience in options. I don't have any. Actually would be interesting to know if some kind of arbitrage is possible. Regarding your post, Forex Saint is right. For some strategies ...

Hedging: I don't get it

It is the contrary. We "always" trade only 1 currency. The eur/usd "symbol" just represent the exchange rate between the 2 currencies and also in what currency your loan is. The first transaction we always are buying 1 currency. When you close the ...

Trading in pairs?

??????... Clueless about your LOL You know how it is... 2, 3 , 4 years later... still someone could be trying to find "forex" books. Wish I think are non-existing. J.

what is the best forex book?

Actually, there is no books exclusive for forex. For example, if we read the suggested book "volume and price action" ... How would be possible to apply the concepts found there when in forex we have no "volume" information? J.

what is the best forex book?

. The strategy is the easy part ... Sell the up bar, buy the down bar. Average down and close by X amount of $. The hard part is to know when the market "will" range. .. the only part we know is when "was" ranging. J.

renko strategy in ranging markets?

No one can answer your question... only you can. Because it depends of your strategy. If your strategy is good, why should you stop after reaching certain amount of pips??? J.

Reasonable pip profit target per pair

I do tons of backtesting with multi-pairs strategies and the amount of files created is incredible. I have to delete them at least once a week when they get to be around 300 000... even takes some 15m to delete then all. Now while in this subject, ...

Dukascopy

Hi Richard. Regarding your previous post of organizations that has the ability to "move" the market ... there is none that exist other the Central Banks such as BoJ or the Swiss Central Bank. These, at certain levels sell huge amount of their ...

What price do the market makers see?

The risk percentage you want to take for each entry has nothing to do with leverage. If you want to risk 5% of a 500 account in a specif trade ($25), you would place a stop at whatever price your loss would be $25.- It does not matter what leverage ...

How do I calculate position size?

Got the point exactly. And then we wonder how come All broker get paranoid and use all type of rules, tricks, delays, and whatever to protect their own ass from these type of practices and/or other technicalities some traders use to gain ...

Any broker allows this type of trading?

Hello Spanish89. The whole idea was to do it during over the weekend and that for some reason a 200 pips gap occurred while the Broker was close for business. The fallacy of the tough is that the Broker (being closed and not taking orders) would ...

Any broker allows this type of trading?

Sure money exchange is happening 24/7, and perhaps are brokers open for business 24/7 -... But gaps do exist.. of course they do. They can happen any time. If no one in the world world want to sell or buy at a certain small range of prices, that ...

Any broker allows this type of trading?