I know, that's why I said "wheres (typo 'whereas') otc fx market depth you'll only see the depth of participants that deal with that broker ie. other clients."

Why it is possible to predict price movement?

Eeh, yeah sort of. Even on a centralized exchange for fx, like trading currencies on the Chicago Mercantile Exchange, L2 only displays information of prices close to the current bid/ask eg. you may see Goldman Sachs wanting to buy 1K contracts at ...

Why it is possible to predict price movement?

Hm, best way I see would be to acquire an account with a large broker that provides access to an actual exchange, get a programmer to code an indicator that pulls data from the level 2 and prints it on the chart.

Why it is possible to predict price movement?

Level 2 is 'the order book' of the market. It lists all the bids and offers with quantities that are currently entered into any trading network, in otc forex, this would be ECN. MT4 isn't properly equipped to handle a market depth (but MT5 can), so ...

Why it is possible to predict price movement?

That's what the Market Depth/Level II is for.

Why it is possible to predict price movement?

Well 10 days is two whole trading weeks, what would you expect them to say, Lplate account holders can't open new trades beginning in 6 months? This happens! That's why they gladly swap over amounts to other accounts that are staying open. This is a ...

GoMarkets Discussion

Lol geez, calm down, they're just deciding to not offer a type of account anymore.

GoMarkets Discussion

I stand corrected, here it is, thanks. I had come across the MACD candles before (it's in my indicator library) but I must have been so daft as I now can't fathom how I didn't already incorporate it , I've just adjusted the colors and it does ...

(binned per thread starter's request) Need Coder to create 2 new

That doesn't color the candles but does provide different types of MA to be used in the MACD, so thanks!

(binned per thread starter's request) Need Coder to create 2 new

No one is answering customer service because it is currently 1am Monday morning in Australian eastern standard time. No offices are open. You can move the balance of the Lplate account to a normal standard: "Our customer service team will be happy ...

GoMarkets Discussion

Hi, as of yet no one has coded the indicator in MT4 and I can't find the indicator code on another platform.

(binned per thread starter's request) Need Coder to create 2 new

Well after closing down Cilantro (third of equity lost due to one illiquid stock, but had years of 70% growth 700k to 3m so still in the green by 2m+) he went to build his reputation back with trading and is currently number #1 Trader on Covester ...

The life of a trading system on Forex Factory

Hmm I didn't know that, just googled now. Turns out he is still in the trading game, and making money, ranked #1 trader in Covester, his Cilantro fund returned 70% growth year over year, turning 700k into 3million then due to problems of a single ...

The life of a trading system on Forex Factory

Is trading easy or difficult? Of course trading is difficult!

The life of a trading system on Forex Factory

[quote=LazyPawn;5607684]Trading is a completely different story. If your systems/rules/whatever work you should be the first one able to prove it. If you can't do it why would I trust you? No one is demanding your trust, the reality is that ...

The life of a trading system on Forex Factory

Firstly, that person I mentioned is now a convert to trend following and completely changed his position on the Turtles. Secondly, I regret using that l...s... term, because the way it is used can be applied to any profitable system, "it's ...

The life of a trading system on Forex Factory

J16 fraud?! Woah, if that's true I certainly didn't know, I only mentioned him because I've seen so many people mention him and the huge thread of info on charting and pa is pretty indepth, maybe should have replaced him with Philip Nel in the ...

The life of a trading system on Forex Factory

hahaha gee didn't I screw up the 'quote post' thing!

The life of a trading system on Forex Factory

Does that mean that the content that he teaches is useless? That's like a renter saying it's good to save for a deposit on a house and one day own it and you saying that's nonsense because you're renting. [/quote]Great posts, thanks. It would be ...

The life of a trading system on Forex Factory

I've gotta second 60m, the first thought that comes to mind was a CNBC interview with Borris Schlossberg and Steve Ickow (one of the traders he interviewed for his book with Kath Lien - Millionaire Traders, pardon the plug). Steve was a premed major ...

The life of a trading system on Forex Factory