Recent content by leemo

It seems the Straight through processing brokers have plenty of scope to manipulate the odds to their advantage, using underhand tactics. Got to be ECN type execution going forward

Seems like FXCM's definition of 'last look' is for the Liquidity Provider to determine whether the initial move is for or against them. If against, then don't allow the trade. FXCM will give this LP lots of business in return for kick backs. This is an amazingly crooked business :frown: One way...

I now know why I had so many rejected orders. http://www.zerohedge.com/news/2017-02-06/alert-largest-us-forex-broker-fxcm-shut-down-and-permanently-banned-nfa

I believe the tolerance you mentioned above is the 'deviation by default' on the MT4 platform. I have that set to a ridiculously high number so that my trades can be filled. I'm generally looking to make 30 points on dax cfd so not really scalping, by my definition. Still a lot of trades don't...

Hi HighburyFX, I trade with a Straight Through Processing broker using MT4 and experience a lot of 'off quotes' messages in the log when entering market orders and closing orders. Their Tech Support have told me this is caused by the Liquidity Provider not accepting my price. Is this...

Have you tried the new mini dax contract yet? Liquidity is low but a move in the right direction

Hi Oscar, Looks like you are trading a CFD offering of the DAX. Have you traded the main DAX futures contract or the new Mini FDAX?

Jason, Where can I access archived webinars?

All traders want to know the answer to that question... Trouble is, Nobody knows.

True, but anyone looking for a mentor needs to do his/her due diligence first and ask the mentor to prove consistent profitability. In this business, teaching TA, FA, money management etc.. is easy. Executing it consistently and profitably is not.

I agree, A mentor/vendor/trainer who is charging good money should be able to show live accounts going back at least 2 or 3 years showing a growing balance. 1 year's success is not enough. I've done that and I'm back to break even again :(

Technical analysis is not difficult and aids to it are splattered all over the internet on FREE web sites. You don't have to pay a penny. Maybe for a total novice who is not very good at research, a £200, 2 day course is worth the expense. The novice trader should probably expect that this...

Very true. The most important question to ask is "Are you willing to prove that you are a consistently profitable trader by showing your live accounts." If he/she says no then.... Run for the hills

I trade off Renko bars which include the wick (Ninjatrader). Like you, I see the wicks as important. I believe there are MT4 indicators for Renko + wick What do you mean by attack the loop?

Hi F, Could you explain what you mean by 'Would need under 0870 and 60 to be holding sells on longer though' Do you mean below 0860? Thanks