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Jack_Larkin replied Feb 14, 2012Yes, right 'now'.... but they weren't always as aggressive with their spreads on the Free EXN account. Makes me wonder what plans they have in store for their Pay for Limits account since the Free EXN is really punishing P4L clients within their own ...
Oanda vs. MBT FREE EXN
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Jack_Larkin replied Feb 14, 2012Ohh.. they also have a program with a few brokers where the broker might subsidize the VPS cost for you if you meet their requirements (usually a min-account balance.) IBFX and Pepperstone are on the list of brokers working with them, along with ...
Looking for a VPS for a UK-based broker
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Jack_Larkin replied Feb 14, 2012CNS has a trader's desktop special and a datacentre in the UK: url Bumping up the entry level service to 1G of ram would run you ~$42 a month, but you could get away with less if your EA isn't intensive.. Security wise, they include two form ...
Looking for a VPS for a UK-based broker
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Jack_Larkin replied Feb 14, 2012You want more than 10 standard lots in a single position's opening price? You're using a demo account, right? If not, I hope you're trading with a large enough account to handle that kinda heat (and with the experience to follow through on it.) Max ...
FXCM's Strategy Trader
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Jack_Larkin replied Feb 13, 2012Harsh dude, the guy went out of his way to give a detailed and thought out post. Don't put him down because you don't have the attention span for it. :/
Best Broker for 2012?
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Jack_Larkin replied Feb 13, 2012if you don't mind, I'm going to put this into a single indicator and let the user set between SMA/EMA/WMA/etc.... I've never seen someone use 700 at a time... but I used to do something like this with 4 (stringing green or red clouds between them) ...
Cluster SR - interesting, new way of looking at support & resistance
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Jack_Larkin replied Feb 13, 2012
You're starting to sound as verbose as myself, ahah.. nice
I do that too, start writing something I expect to be a quick reply, then 10 minutes later I nearly have a page cleared worth of text in front of me. Funny how that works.Best Broker for 2012?
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Jack_Larkin replied Feb 12, 2012Nice. I took the same long for the same reason... Only I waited till price tested into the zone by ~3 pips before executing. My stop was also quite a bit tighter than yours thanks to the entry price, but I didn't have as large of a TP as you did. I ...
B.S. Trading with Kenneth Lee
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Jack_Larkin replied Feb 12, 2012If you ever have two brokers and one of them does this crud... Arb the crap out of them by acting like a market maker and tightening the spreads yourself. You'll have to write a script to do this, as the market would move too fast to do it by hand. ...
LMAX = revolution?!?
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Jack_Larkin replied Feb 12, 2012Start with basics to better understand the mechanics of the market: Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves By Kathy Lien Do not take any specific strategy you find in any ...
FX Trading reading list for newbie
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Jack_Larkin replied Feb 12, 20121) If you have an account setup in MT4 and you try to load a chart, it will pull the chart's timeframe level data from the quote source (broker,) and this is not nearly the same level of quality as tick data (example, 1m bars don't give info on the ...
.txt or .csv TO .hst conversion
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Jack_Larkin replied Feb 12, 2012LOL... I'm not calling you names... take it easy, I'm just teasing you in a friendly-joking way.
Is trading Forex immoral??
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Jack_Larkin replied Feb 12, 2012Scalping wise: Dukascopy has server side trailing stops, so if you ever do scalping around major market movements and like using trailers, this can help you avoid slippage. Pepperstone's Razor account is decent cost wise for scalping. During ...
New Account - Broker Recommendations?
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Jack_Larkin replied Feb 12, 2012I'm afraid you're missing the point. It's not horrible at all for experienced people since their caps are set quite high to accommodate their experience and deep pockets, and it helps newbies not hurt themselves too much financially by keeping their ...
Oanda wants Current Net Worth/Employment Update, WTF?
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Jack_Larkin replied Feb 12, 2012If you're going to do the import, first make sure to delete all accounts you have setup in metatrader (even demos) so it won't grab the broker data to add to the history file. Once blank, then add the data in CSV format. The one advantage of ...
.txt or .csv TO .hst conversion
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Jack_Larkin replied Feb 12, 2012Swaps all depend on the broker... but generally they are done at 5pm EST (close of NYC session.) Some brokers adjust the open price of your trade by the swap amount.. so you don't see anything different but all just that much more in profit/loss ...
Hedge Strategy
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Jack_Larkin replied Feb 12, 2012Actually, under some regulators and in some countries, brokers are legally bound to assess how much risk you can take on as a trader. IIROC here in Canada has all sorts of requirements. For instance, we have 4 levels of 'ability' to trade equity ...
Oanda wants Current Net Worth/Employment Update, WTF?
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Jack_Larkin replied Feb 11, 2012It's a "know your client" kinda thing. Here in Canada, we have an IIROC regulation that requires Oanda to do the same and set limits to how much one can deposit in the account. The idea is to limit the risk of trading losses to people who aren't in ...
Oanda wants Current Net Worth/Employment Update, WTF?