Thanks guys I will check them out today as I have to make a decision very soon.

Dukascopy and instant execution...

Most people think scalping is sitting in front of the computer 24 hours a day making 100 trades etc. For me scalping consists of 2 hours a day tops, usually 5 extremely high probability trades with BIG lots on each trade. You can make more money in ...

Chronicles of the Price Action Scalpers

Sure, speculate fits better

Is luck part of profiting/losing in FOREX?

Sounds good to me! Wonder how many anti-scalpers we will get in here hehe

Chronicles of the Price Action Scalpers

In my opinion and the way I trade it takes skill to determine the market direction and when it's going to move that way, however luck I would say luck is a factor as to how many pips the market will provide to you but it takes skill to determine how ...

Is luck part of profiting/losing in FOREX?

Thanks for the input everyone, as far as brokers go my requirements are very simple which means things like spreads on exotic pairs really mean nothing to me. All I require is: 1- True ECN broker that provides liquidity through currenex and other ...

Dukascopy and instant execution...

agreed

Time it takes to be a Successful Forex trader

This may be true, personally I use timeframes < 1min with line on close so no candles thus different patterns and formations occur.

Time it takes to be a Successful Forex trader

Correct the top is a 1hr chart and the bottom a 1min. The main thing we are looking at here are the waves in the market, both timeframes move similarly IMO. Something to think about...

Time it takes to be a Successful Forex trader

no it does require 250k.

How to get lower MBT trading commissions

Actually I have been doing some research this morning. Through Dukas you can open a Swiss bank account and use a custodian service with Dukas where your money is held in the Swiss bank account and Dukas deposits your P&L every day so they are not ...

How to get lower MBT trading commissions

Ok I talked to Banc of America (no not Bank) lol , they offer online trading for Equities but no foreign exchange. They can make forex trades for you but it's over the phone, no online application, this is great for scalpers!!! lol...."BUY NOW, ...

Bank of America...

I agree but right now I hesitate to go with Dukascopy because they are not regulated, they have a great reputation but no regulation and my money is in a different country....hmmmmmmmmmm any thoughts

How to get lower MBT trading commissions

Hmmm....downside to Dukas it seems account is held in CHF so my account balance fluctuates all the time since the account is USD based.

Dukascopy and instant execution...

This is just my opinion and I know a lot of long time frame traders are going to shun this but I don't care. You won't gain experience trading short timeframes by practicing on longer ones. Long timeframes require a form of money management that ...

Time it takes to be a Successful Forex trader

Gotcha well this does not sound too bad then, I usually set a 1 pip slippage max, it will probably be 2-3 weeks before I decide and pick someone but I will update everyone on my experience with Dukas if I use them.

Dukascopy and instant execution...

Kermut, I have contacted FCStone and Hotspot. The problem is for Hotspot FXi they require 250k to open an account, and if I remember correctly FXStone was similar but I will have to double check even thought I posted a bunch of info about them in ...

Dukascopy and instant execution...

The only downside to Oanda for Scalpers is 50:1. I don't personally use a live Oanda account so I can't say if there are other downsides etc. A plus is their 1 click execution but this is not on FXTrade yet from my understanding. The only other ...

Nice for Scalpers to know about OANDA

Thanks for the replies guys, I am trading off of the 1sec chart and looking to use 3Mil in and out to start with them so this may be an issue it sounds like. I may have to try a few trades and see....Thanks! EDIT: When you say you got filled 90% of ...

Dukascopy and instant execution...