Shikamaroo
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the yen steals my funds on a daily and weekly basis.
B
Black Swan
are you in a trade atm, if so what? Did you short at midnight (GMT) on 24th... still in?
Shikamaroo
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no i'm not in a trade at the moment. I take shorter positions, for the session's length mostly or till lunch period, and i'm still trying to refine my entry and exit. was in earlier as you can see i got stopped out which i fully expected but too many times i expect to get stopped out and trade runs a country mile.
GladiatorX
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Futures requires much higher margins and higher stakes.
B
Black Swan
Well...for 'scalping' I agree, but TBH (and IMHO and experience) it's the best swing trade currency pair out there. It's relatively expensive however and wherever you trade it...got to be done though eh?
trader_dante
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trader_dante
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Is it important how large the moves it makes are?
Isn't it better to find something thats moves are the most predictable?
If it has a low ATR, bet larger.
You will make the same money...
trader_dante
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Sorry, can you explain this? I can't read.
B
Black Swan
Who d'ya get a spread of 2 off TD? Can I expect the same if (when) I move up to FXCM active-trader?
trader_dante,
Which DMA providers are you talking about? It would be interesting to know.
MB Trading provides good spreads on GBP/JPY spot, sometimes close to nothing, got to be opportunistic about those, though. If anyone has any experience of Hotspot FXi or Dukascopy for Spot FX trading I would highly appreciate their views. Not so keen on Java platforms but if they've good liquidity than it's livable I guess.
Snake.
trader_dante
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Actually I was just thinking about trading the GBP and JPY future. There is a 1 pip spread on each DMA so excluding commissions you are trading it with a 2 pip spread. Entry can be a little tricky though - you might need an autospreader.
B
