Here's a pretty good round-up of margin and leverage: url Like Tjpld said, if you operate within reasonable boundaries then you needn't worry too much about it. The primary role of the trader is to manage risk. If a large portion of your trading ...

Leverage in forex

How does someone trade for 3-5 years and not know this stuff? No disrespect pal, but this is something you should have learned in the first week of your trading career. Take some responsibility and read a book about trading, or use google.

Leverage in forex

Smittens appears to have a grasp on basic mathematics so I reckon he'll probably be alright. Now correct me here if I'm wrong but I was taught at school that: 1 - 1 = 0 You can dress it up however you like, but the change is only an accounting issue.

CFTC + NFA: End Of Hedging?

WHC's feed is shit and missed about 20m worth of data during the NY open range when ADP employment change was released so that is why you have a huge gap. ADP came out better than expected so risk aversion associated pairs like USD and JPY devalued, ...

Now you see it, ... Now you don't

One thing you might want to consider is excluding Sunday bars when you're charting on the daily time frame. They distort your TLs and I have found daily charts to be more accurately described using daily charts consisting of 5 bars per week. In ...

Valid Trend Line?

If you think the only purpose of a trendline is to see which way price is going, then you've missed the point in them altogether. Trendlines can be very useful tools for technical traders but you have to be consistent and use at least some objective ...

Valid Trend Line?

Fair point, which is why I included the caveat of effective supply. Mind you, at the profit margins they operate with, I'm sure they'd do their best to give you (and take) what they could.

Market Structure Question

It never closes, it's just that the banks aren't open anywhere so volatility is dead. You can still go to the bureau de change and make a transaction, although you might not like the spread. The Ozzie stock exchange has a designated open and closing ...

Market Structure Question

Nice set-up there M. As for price projections following a trendline break, of which a channel is two parallel trendlines that has described the path of price, you might want to check out some of Tom Demark's methods, or Alan Andrew's Action/Reaction ...

5M Channel Scalping - 100pips \ week

There was discussion in another thread concerning the NFA proposed limitation upon leverage effecting the ability to maintain a smaller proportion of trading equity in a risky forex account. I hadn't really considered it but the gentleman certainly ...

50k Account..2% Risk..Would you keep the full 50k in the account?

How'd you figure that out? I think you're way off base with that assumption, but provide an example anyway.

NFA New Rule Not allowing stop and limit orders

Nope, wouldn't effect me, or the majority of traders on this forum. Perhaps those trading the super low time frames who can afford to use stops of less than 10 pips might use leverage of greater than 25:1, but the ability to trade volume 25 times ...

NFA Meddling with Broker Leverage

I found a couple of good ideas in the manual, despite it being written by someone with the grammar of a 5 year old. About 70% of it is a complete rip off of Tom Demark's work on demand and supply points and TD lines (the difference being that TD ...

Forex Confidante Is Garbage

I've got an old broker who I used to trade live with who I still get Dow Jones Newswire from. Most major news gets delivered fairly rapidly but every second counts. You might also check out this link: url (Kudos to efiler for passing that link to ...

Reliable News Source

That is still too late to trade. If you want it delievered quick then you need to get connected to a specialist news delivery service. They cost though. And you can get just as much info from a chart - it'll tell you everything there is to know ...

Reliable News Source

Right click on the Order ID in Terminal and go to Modify or Delete Order. Then select Market Execution. Here you can alter the Volume which you want to close.

Fragmented positions

The old advice was 'Sell in May, go away, buy again on St Leger day'. Whether this is still relevant remains to be seen. The end of July last year marked the beginning of what was probably the most volatile period in the history of the modern ...

Summer time

Because the broker is charging you for lots that you do not own, ie. the 5, rather than the 1. That is why the NFA is banning it. You either buy or sell. If you already have an open long position, then by going short and selling 2 lots, you are ...

Proposal to phase out Hedging

E = Exponential M = Moving A = Average When you insert a moving average from the 'Insert' drop-down box on MT4, you can choose what type of MA you want, of which 'exponential' is one of them.

Quick noob question: What is EMA ?

1. url 2. not sure how you can get accurate data for this, although I am sure it is available. You could get a rough idea about those sites, of which many are brokers, that attract the most traffic. Check out url 3. perhaps when you progress ...

Newbie Question...please answer