J, you are one of the few people I know that trades UsdMxn. It can make the likes of GJ & GNzd, look like a stroll in the park. I'm prohibited due to spread, but love the volatility.
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Trading 24 hours per day, 5 days per week 14 replies
DislikedJ, you are one of the few people I know that trades UsdMxn. It can make the likes of GJ & GNzd, look like a stroll in the park. I'm prohibited due to spread, but love the volatility.Ignored
Disliked{quote} I had suggestion from another trader to use FXCM, its for US residents and has solid spreads. Check it out.Ignored
Disliked{quote} ++++++++++++++++++++++++++++++++ I am fxcm's biggest detractor. Have quit them 3 times (they bought out 2 other brokers I was using). They are the Worst for Requotes, Slippage, & customer relations. One time it took over a half hour to close a trade. Their previous proprietary platform was quite intuitive & easy to use. Then they "Improved" it, to the point, I could not figure out how to adjust trade parameters, without calling in and having someone walk me through it. My rating scale gives them a "Suck Minus". Oanda's spreads are no fun....Ignored
Disliked{quote} ++++++++++++++++++++++++++++++++ I am fxcm's biggest detractor. Have quit them 3 times (they bought out 2 other brokers I was using). They are the Worst for Requotes, Slippage, & customer relations. One time it took over a half hour to close a trade. Their previous proprietary platform was quite intuitive & easy to use. Then they "Improved" it, to the point, I could not figure out how to adjust trade parameters, without calling in and having someone walk me through it. My rating scale gives them a "Suck Minus". Oanda's spreads are no fun....Ignored
DislikedI appreciate you teaching on the weekend. I'm trying to learn your method of trading. I had an idea about filtering out pairs to focus on, what do you think about using indicators like: top 8 trenders all brokers to filter out trending pairs then wait for volatility low bottoms (like you explained in your previous post) to enter. or Clive's strongest weakest which is some kind of strength meter that compares currencies, to have a directional bias. p.s. credit to clivepackham, from his "Trading is as simple as ABCD" thread. Thanks, J {file} {file}...Ignored
Disliked{quote} I've been doing some research this week and have found an overseas broker that I'm going to try. I'm going to transfer out of Oanda because I can't deal with the spreads anymore and I'm tired of trading with a market maker which makes it almost impossible to be successful with scalping. There are only a few good brokers that accept US clients and this one appears to be a good one from my research. Finpro Trading. Super low spreads, direct access to the markets using generic mt4 (not a broker built mt4), and no price manipulation or funny...Ignored
Disliked{quote} Alright, feel free to post spreads of some of their pairs, just interested to see how tight they are.Ignored
Disliked{quote} Will do once I get signed up and hoping to have that completed Monday. Website shows ECN account with floating spreads from 0 and their commissions are $4 per $100k lot. When I checked on Friday, their EU spread was ranging from 0.1-0.5 area.Ignored