I'm sorry but you are incorrect here. A 1 Tick chart is NOT the same as a 1 second chart. I used to trade off of a 1 second chart and moved to 1 tick. In addition I have written several data feed adapters that manipulate price for charting purposes. ...

FXCM Discussion

We are getting into semantics here, I am fully aware of everything you are saying and I agree with your definition of a tick​ however have you ever watched a single tick chart? The datafeed can update​ which if you are writing autotraders or ...

FXCM Discussion

  Thanks for your response ForexOracle.  The problem with what you state is that is not what I see.  I trade on a 1 tick chart and see every detail at this level.  Jason states this is "tick volume" which yes is pointless and so I'm trying to ...

FXCM Discussion

...in addition, the only way I can see "Tick Volume" being something other than 1 on a 1 tick chart is if FXCM has several tick updates server side but is sending them out in batches every X ms to the client data stream. I don't know what these ...

FXCM Discussion

Thanks for your response Jason. When you say "tick volume" is this interpreted as: 1) The number of times price changed during a bar (say 1 minute for example). OR 2) The number of times price was updated during a bar (meaning 3 ticks can come in ...

FXCM Discussion

If you're concerned about brokers (which I would be in retail Forex) then try looking at futures. Centralized market, only main difference in brokers there is commissions etc. Yes, it will require more capital than the $100 you plan to start with, ...

Living a forex dream

Jason, Quick question. Why is there a difference in volume between your MT4 platform and NinjaTrader? If they are connected to the same liquidity pools the volume should be the same across the board. NinjaTrader shows on average 3-4 times more ...

FXCM Discussion

I'm a US citizen and reside in the US with an account with IB and have not received this email yet...wonder why...perhaps I should call them Monday.

Interactive Brokers - experiences and opinions

Which "silly" CFTC rules are you referring to?

Broker for USA traders

IB > FXCM > Oanda > forex.com That's pretty much what's left of the brokers for US traders.

Broker for USA traders

Hey Jason, I posted this question in the NinjaTrader forum but does FXCM active trader account support IOC or FOK orders through NinjaTrader or at least through the API? Does the demo account have the capability to see through to the live market ...

FXCM Discussion

Thanks for the response Jason. I have been watching your spreads, combjned the total cost is a little more than what I used to pay but doable. I'll be opening a live account with your firm next week to test out execution etc. As long as execution is ...

FXCM Discussion

Due to the regulations in the US it looks like I will need to open an account with FXCM. My only complaint is the commission amount. I used to pay $15-16 per million not 40. Either way, question for you Jason, I use Ninja Trader, is it possible to ...

FXCM Discussion

Good point. I was merely giving an example of me not following my rules and in doing so losing out on profits I should have had by not following them. Your point is very valid though, as sitting there watching and thinking "ooh man I should have had ...

Is 6 pips a day enough for you?

Well it has treated me very well. In reality it is the only form of trading that makes any sense to me. As I have said before setting profit targets (especially on higher timeframes) like so many do makes no sense to me, I don't doubt that it works ...

Is 6 pips a day enough for you?

Because I know my exit before I enter. Typically my exits are 3 to 4 pips away on average minus spread. If It hits my exit the pattern did not turn out as expected...exit and wait for the next setup. If there is not a viable exit that makes sense ...

Is 6 pips a day enough for you?