He's talking about a bucket shop, where the trades are kept in-house and traded there instead of placed to the market. IBFX isn't a bucketshop. It may occasionally employ some lazy tactics (esp on server management), but that's the extent to my ...

Interbank FX. The most reliable MT4 broker around?

Grab an MT4 demo copy from ODL or IBFX. Good, free intra-day charts with no commitment.

Best pairs trade during evening

Why don't you go thru your pair list, switch down to the H1 or M30 (or M15) and plot out the volatility of each pair over each session? That way you'll know exactly which ones are active, when they tend to become active and how they behave when it ...

Best pairs trade during evening

Easy solution is just to not hedge people that have a higher expectancy rate or higher levels of volume.

Interbank FX. The most reliable MT4 broker around?

Stop losses and margin calls are "as soon as possible" type things. If you're running tight and there's a large gap against you they can't call/stop until trading resumes, which means on the other side of the gap. So there's no guarantees of course, ...

Deficit balance and employment information

IBFX doesn't use fractional pips. At least not on their mini server (mini 2).

Interbank FX. The most reliable MT4 broker around?

Old saying: Don't feed the trolls. Obviously not all FCMs need to be in Chicago, and not all good ones are either. It's easy to let one's personal experience paint a broad picture, but just because you're a hammer doesn't mean the world's a nail.

Interbank Security Breach

Breakeven ... entry (including slippage) + spread

Straddle Methods

Google for it. It's just about how banks accumulate assets they plan to hold and how to use volume to determine that. Problem is... in forex there's no reliable volume measure, and most banks don't usually accumulate large stocks of currency for ...

Banks analysis

Laff, trust them until you can't? You've just got to do the research and find out how often fibs or trendlines are adhered to in your particular pair(s). Some pairs adhere very well, others not at all. Do the legwork, take the risk, manage the trade ...

When Not To Trust Fibonacci & Trendlines

London... GBPUSD and other pound-based pairs often move around a half hour after the London open (GBPJPY, GBPCHF, etc). Sometimes they wait till the euro open tho (an hour later), so be prepared for that. If that happens the EURUSD and the EURJPY ...

Straddle Methods

Brokers have varying requirements, don't count on them to send the IRS anything. Your 1099 (R?) shows just the end sale proceeds and not the net then? You'll need to get a printout of transaction list. They each count as a capital gain or loss. Keep ...

Forex Taxes

Had that happen the other day during the big EURUSD drop. The route between me (Comcast) and Oanda died somewhere, but others were able to get on fine.

OANDA Discussion

No joke, the urge to "always be in a trade" or "If I'm not trading I'm not working" nonsense can drive one to bankruptcy very quickly.

james16 Chart Thread

The thing about "having a million dollars" is that unless it's just given to you... earning a million dollars is an education all to itself. Once you have it, you know what to do with it... and what not to do with it. That's why lotto winners end up ...

million dollar question

Just looks like a partial pin bar to me. If you go to the daily you'll see the tip and where it drops back down to the trendline. The question will be whether the climb back up tops out before .9500. If it does it'll end up as a head&shoulders (see ...

Aussie Pairs

Nod, micro lots. But from my example above... $500 account. 100 pip stop loss. USD base pair point (1.00) value. 1% equity risk. .01 * 500 = $5 5/100 = $.05 That's 5 cents per pip. A micro lot is $.10 per pip. So for this example you'd need half a ...

So you want to make x% a day...

The only problem with that analogy is that a coin has fixed odds, the markets don't. Markets get choppy, some patterns misbehave, chaos enters the equation. I bet if you plot out the effectiveness of your system over a few decades worth of data ...

Diversify risk based on each currencies performance

So an old data file (from april 2007) that included web account information was placed in a public area of the website (unsecured). This was discovered recently and they notified those in the file to change their web account password and monitor ...

Interbank Security Breach

Can you tho? On a consistent basis? How do you compensate for longer periods of draw down when you can't scale down the lot size any further? I only know of one broker that lets you do single unit lots.

So you want to make x% a day...