Recent content by Luc.Chase

By the way, ensuring that every trade has a Stop and a target from the moment it is placed, protects FXCM from flash crashes too.... at least a little. In fact having that could mean big profit in the event of a flash crash since targets are generally twice as far away as stops.

Sorry I didn't define my use of 'bracketed trade'. I mean a trade which includes a protective Stop and a Target order.

It's good that it is available at least in a very basic form on the desktop, but either you expect responsible trades to be taken on the mobile platform or you don't. I would say any platform that can't offer a quick way to enter a trade with a default stop is not ready for use. The key issue...

Jason as you've been using this longer than me. Can you confirm how many clicks it takes to place a bracketed order ( with stop-loss and target orders) on the Android app and on the desktop app please?

Well you kind of evaded my question, but anyway I tried the Android app and found no sign of any kind of one-click ordering. In fact,it took eighteen clicks to place a bracketed order. Any particular reason for that?

Real one-click trading with tight spreads Taking spreadbetting the EURUSD pair as an example. CityIndex has tight spreads and good exciton but it takes about 13 clicks to enter a bracketed trade with them. OandA has an excellent system for entering correctly sized and bracketed default trades...

Yes, sometimes you will make more than the 10pips, and in principle if you find it works for you then by all means do it. However, watch for the following... - it may complicate things. More trade management is needed. - it may keep you out of new trades while waiting to see a weakening...

Help please. Looking for low-cost source of live 70-tick charts. http://www.trade2win.com/boards/forex/211748-source-live-70-tick-fx-charts.html#post2664284

I would like some help please finding free or nearly-free sources of live FX charts with option to set each candle to 70 tick ( and possibly other tick values). I've found many with time-based charts but so far not tick based. Some offer tick-by-tick ( 1-tick charts) but that isn't what I'm...

Use the experience to learn where your stops should reasonably have been; and what size position suits those conditions. You identified that the market was not trending. Ranging markets are forgiving, if you give them the room to do so; but you still need protection. Just need to understand...

Are the charts in the books available to download anywhere?

That's fine for a country with favorable momentum behind it, in terms of skilled young workforce, strong infrastructure, very strong exports, etc. You can see that it won't be very long to correct things. But for an under-developed region, you're talking generations. They need to be cultivated...

How exactly would that change regional economies?? You'll still end up with under-performing regions; regions that still can't regionally devalue their currency. In fact it would get worse as there would be a strong tendency to focus on already successful areas. I really think, most people...

It is a gamble in the sense that the market could move so violently that you'd be stopped out... even if you bet in the correct direction. Ironically perhaps, I think a default is bullish for EURO. I don't think a default means automatic expulsion from EZ. Based on supply and demand; there...

OK, but from a trading point of view ( since we happen to be on t2w ), would you say a loan default is bullish for the EURO? And a Grexit, bearish? And what if Germany were to exit ( making the rest of Eurozone more uniform economically ); I guess that would be bearish for EURO, yes?