Recent content by moyes

Thanks for the message. Are you one of the few profitable traders using that much leverage? Leverage like that is a double edged sword.

I am from Australia and wanting to trade again. I had some success scalping, but then I gave up after I recovered from an injury and went back to fulltime work. For Forex brokers in Australia; it is now 30:1 leverage for FX majors. I wanted to trade Fx here in Aus but finding a decent broker is...

Do you have any recommendations for a good broker in Australia? I was going to use IBKR or AMP or IG but I'd really like a few suggestions please. Is it better to trade micro futures or forex in terms of day trading(scalping)? I feel overwhelmed with the amount of information online that I don't...

Thanks for this information. Yea, it is not easy trying to figure out which broker to trade with. I have heard good things about FXPIG, Global Prime and Axitrader. When I compare their spreads on Myfxbook, I find Tickmill and Darwinex to have the lowest spreads. FXPIG spreads seem to be the...

Hi there, Could someone please explain to me how this works; If you I fund an account for US$4000, and the leverage is 1:100 i.e, 1%. When the free margin for open positions slips to less 50% of 1%, the highest open position will be stopped out until the free increases to 50% of 1%. Could...

Getting back into trading again & I am trying find a reputable regulated broker with low spreads(for scalping & long term trades) & minimal slippage. Would any of you traders be able to recommend any from the above mentioned please or any other decent one out there that is not a bucketshop? I...

Hi Marcopq, are you still trading with PFD nz? How are their spreads?

Thanks for the feedback. With PFD, did you trade live using the Pro or Direct account?

Why would you say that? Questionable according to who? They are regulated, just not well known.

Does anyone have any recent experience with Tickmill or PFD from New Zealand?? They both seem to have very low spreads..

Thanks a lot for the feedback. Commodities prices especially Dairy here in New Zealand are not doing well at all. I fear the NZD could be heading lower , but for some reason i think it could reverse and go up again. Currencies are not easy gauge that's for sure

Thanks for the COT report. I trade the emini s&p and NZD and EUR quite often. Could you please tell me how should I interpret the NZD COT report when trading daily and weekly time frame? Thanks

This strategy reminds me of the petefader strategy on babypips http://forums.babypips.com/candlesticks-chart-patterns-price-action/41475-supply-demand-vsa-wyckoff-petefader.html

This sounds interesting. i have been looking at scalping for a while now, but i always figured there was too much noise for any price action setups. Seems like some people scalp really well, i don't, not yet anyway :)

Hi, please could any of you who have traded with either of these brokers give me some feedback on which of these brokers are suitable for scalping and day trading with little slippage and tight spreads? Thanks