Nice thread, like your style Takisd. I think Sydney has regions within it that are amongst the priciest in the world but according to this source (and there are many conflicting sources) it only comes in at a lowly 19th: url Moscow is number 1 and ...

How people should really trade!

Think about it some more Kinsy and you may realise that it will not hurt you at all - the only difference will be the way your trades are represented. If you have a signal to sell, you sell on FIFO just the same as you would with a hedging allowed ...

Proposal to phase out Hedging

Haha, I feel like I need to clean myself after looking at that chart. Looks like a grid trading strategy. Someone attempted to explain how they worked to me some time ago but they really did not make any sense in the long run. Nothing more than a ...

A traders [poor] mind on lower time-frame

You mean the account balance? If so yes, the account balance reflects your realized profits and losses immediately after trades are closed. Not sure what you mean by trading in and out all day though.

MB Trading Futures - Introduction

Seasons greetings to you too fxtrader42. You sound aggro there kid. Another losing day huh?

Proposal to phase out Hedging

What's the problem? These appear to be beneficial changes for the retail trader, at least on the surface. There is no benefit in hedging. The FIFO system is exactly the same as hedging, just the way it is presented in your account is different and ...

Proposal to phase out Hedging

I use eyeballs and light. Not available on MT4.

the best/your favorite indicator/way to spot divergence?

You might want to try out MBTrading, my experience with them has been positive. Based in US, professional trading platform, rapid execution, and I think the minimum deposit is less than $1k so should be ideal for entry level traders. On the negative ...

Alpari.co.uk Discussion

Fair enough. Sounds like a minor issue that could be overcome easily enough if MBT were willing, but I am certainly no expert. I'm sure you make a great point but regardless it appears there are various reasons that MBT does not offer accounts that ...

MB Trading Futures - Introduction

Yes, Interactive Brokers do mix their accounts, but they are the exception. If IB went down, as the accounts are mixed with futures etc., which are protected by law, traders would likely get all their money back. Not so with other brokers, which is ...

MB Trading Futures - Introduction

No re-quotes. You might get a bit of slippage if the market is thin and moving quick but for the most part the orders are taken in very quickly. There are settings you can change within your preferences which mean you can opt for orders to be ...

MB Trading Futures - Introduction

Back at the top of the pitchfork and the sliding parallel on GBPUSD. Late in the week though. I'm going out shortly, but if I see a 1-2-3 bearish reversal pattern on the 5m before I go I may have a taste and leave it till Sunday night. GBP is still ...

Exchanging trading ideas

Somewhat similar to the James Randi challenge to anyone who can provide evidence of paranormal or psychic activity, I have also openly challenged anyone to prove that there is any difference between hedged in the market or flat. The main difference ...

Proposed NFA Capital Requirement

speaks for itself. Not saying it's going to hold but it has done all week. Good shout for a continuation if it breaks too. Edit: What I mean by continuation is if a support or resistance level appears to be respected but does not reverse, that is, ...

Exchanging trading ideas

Here's a better chart with a little explanation. Stop losses just go above the local highs and lows as we move with the trade. I don't mess around with breathing space, I want to strangle the hell out of them. Anyway, I'm not out to convert anybody ...

Exchanging trading ideas

I know this is for trade ideas but I had to stick this one up there for you pitchfork haters. (j/k)

Exchanging trading ideas

I heard someone say this a while ago, and whilst it was certainly tongue in cheek there are some useful parallels for trading: You need to be the dog for yourself, when you stray and get creative with the system then give yourself a good kick up the ...

Teach me, How to increase Confidence?

The thing with trendlines is that they are reactionary - you need two points to draw a trendline whereas PF's are predictive, they indicate where the second point the trendline trader is looking for may be and even then the trendline trader may have ...

Exchanging trading ideas

Extremely pleasant. Not everyone likes them, and that is fine by me but nothing does a better job of predicting turning points and places of value like a pitchfork can in my experience. Like anything else they take time to learn and trust and I am ...

Exchanging trading ideas

As for EURUSD and EUR bullishness in general, the touch of the median line of the thick green pitchfork (which has described price beautifully the past two weeks) indicates potential momentum exhaustion, and we see a consolidating range/bearish ...

Exchanging trading ideas