Well I'm not that kind of fan boy. Actually my main account is at Saxo, a smaller one at Alpari UK and two smaller ones at ABN Amro and Oanda. I think Oanda is still great for small accounts. I don't care about spreads, even with 10 pips I can ...

OANDA Discussion

I have a live account with them and love them. But haven't traded options there yet...

anyone know much about SAXO BANK for fx trading?

That's a real bad joke and simply not true.

OANDA Discussion

Yep that's what I wonder about... Currently the EUR isn't really weighted down, this can be just some profit taking as the overshoot to 1.4850 was a bit too heavy. Have you ever noticed that the USD rallies a bit before a carry unwind starts?

EURUSD

Yep, I do use multiple entries, using a leverage of 1:1 or even below. I'm more an intraweek trader than an intraday trader. I'm too old for the fast action, too much noise and randomness for me. But that's the nice thing: We both can make money, ...

EURUSD

I do. All the way down if it goes below 1.40 again (I doubt that). I'm still long in gold as well, first target $1,000 then $1,500. Might become reality this year.

EURUSD

What? If the bailout becomes official this might be good for the stock market but FOR SURE not for the dollar! How could an add of $700bn. to the deficit good for the dollar? Does anyone think, that these $700bn. will be enough? It's just the ...

EURUSD

Nothing but the available margin in your account. So if you trade small (leverage 1:1) you can wait forever. Don't know what platform do you mean? Right. Just buy only 5,000 units. Nothing stops you from doing this. Most MT4 bucket shops offer down ...

Some questions from a real newbie

Oh at least the say the truth. There are very few market makers who have some kind of account insurance. Actually I know 2 who have 20k account insurance (have live accounts with them): ABN MarketIndex, Saxo Bank.

Alpari

The zone doesn't do so well but far not that worse than the US. It's not the economy there it's just the government and the FED. Poor taxpayers there... So what I mean: It's not the EUR that should be so strong but the USD that will be weaken. ...

EURUSD

From a fundamental perspective? Wow... from a fundamental perspective the EUR/USD should be at 2.0000 (yes, two comma zero). The Gov't will have two options to pay the interest on this debt... Raise taxes to the roof... Or... Pay it back with ...

EURUSD

Please don't make the mistake to use a calculator to compute how rich you will be in 5 years. I did it, and it doesn't work that way. Just trade your way. And if you reach the limit of 100 standard lot (= 10,000,000 units) please ask again. I ...

When small account becomes LARGE...

Oanda neither. It was just the bid price who reached 155.10. Oanda displays always the mid price... BTW: Prices can be different for different market makers. It's just an OTC market.

OANDA Discussion

It's not manipulation. It's just the current market. Other brokers do this as well. You might check out Oanda - they have still the "old" rates - but I wonder why...

Good broker with "correct" rollovers?

Yes, you're right. Actually I went short at 1.4795 as this rapid movement was just too much. But don't see a currency alone. They are all pairs. So if one wants to get out of their dollars he must change it into another currency. At the moment I'd ...

EURUSD

Haha... The USD will only rally due to intervention - which might happen again... Who should buy NOW dollar? Why? (Please don't tell me those small retail traders like us - I mean the big boys)

EURUSD

steelhead, I'm fully with you. Stops are worthless. The entry is the less important thing, I always wonder about any system where the trader wants to predict precise entries but exits are not covered. The exit is where the money is made. There is so ...

Why Indicators will fail you

That's simple: Buy-Order: @1.4500 If you set the upper boundary at 1.4502, you will get a fill between 1.4500 and 1.4502 or no fill if the slippage is too big. The boundaries are just the allowed slippage...

Question on Oanda's Limit Order Boundaries

IMHO the big boys take a look at the fundamentals again like they should do... No one wants another "weekend surprise".

EURUSD

My gold longs come back as well. Fine. Always remember, trade small. Even with a leverage of 1:1 you can make more than 100% per year...

EURUSD