In my experience in periods where real spread is drastically higher than what the fixed spread broker offers you, with market execution you will likely see slippage on that order to reflect the real spread or in the case of instant execution brokers ...

That is interesting puma, I have had an account with them for a few years and traded with them all throughout the fraud allegations. I withdrew my money just a few months ago which was over 15k with quite significant gains from the starting balance. ...

Broco has this on their website, "Broco is in the process of obtaining a licence/authorisation from the Cyprus Securities and Exchange Commission (CySEC) to operate as a Cyprus Investment Firm. The application to CySEC has been submitted within the ...

I got the $100, I remember them saying in the fine print that it would be taken back at anytime you didn't trade with it for 3 consecutive months...... well that time just came up on mine. I managed to reduce my free $100 down to $37 with a few high ...

What happens if price goes down after first buy before the buy TP/ sell stop is hit? It has no initial SL? Edit- Whitegoodman beat me too it

Yes exactly Daneo, For the record in the last 10 hours I have seen the following max spread spikes on the new feed. GBPUSD= 9.2 USDCHF= 5.5 USDCAD= 25.5 EURGBP= 7.0 GBPJPY= 13.1 EURCAD= 31.0 EURUSD= 3.5 These were the max they spiked too, for ...

The new variable spreads still differ too high at times or my liking- even if its' seldom and more stable than before they can still momentarily go really high- I'm just concerned about this triggering pending orders/stops that I often use.

Oh Yeah I'm seeing Gomarkets new live spreads- It's nuts! I've just had it on a few minutes Max spreads I've seen- 2:25pm AEST- EURUSD 0-8 GBPUSD 1-12 EURCHF 1-10 EURGBP 0-9 GBPJPY 1-15 USDJPY 0-8 EURJPY 1-14! The list goes on- they are all like ...

aquaart, No Just 3 pips on the majors or "major majors" I was referring to and EURUSD has been back to 2 pips for about a week now. The others- AUDUSD is 4, NZDUSD is 5, USDCAD is 6. But if you just want to trade- EURUSD, USDCHF, GBPUSD, USDJPY I ...

Will be interesting to see Gomarkets after the change, I am a bit suspicious- they do state it is an "ECN Style" feed not actually ECN. Further confirming it is not actually ECN is they don't appear to going to charge commissions....unless that is a ...

Hi Mr Smith, Did you have any links or anything that indicate that you can trade FX through ANZ? I pretty sure it just means they exchange currencies if you physically walk into their exchange centers- It's quite clear that is what they mean from ...

Hi Sterling and others, I have not abandoned this system at all, I still think it is awesome and one of the best I've seen! I just haven't been posting as often after I learn't the system well myself but I'm unable to follow through with every trade ...

It should be at 1.4800 I believe as well as a sell stop as we don't add spread to short orders / stops under candles- Just 5 pips. You should also place a Stop loss for the pending sell above the high of that setup candle 5+ spread which would be ...

Yes this is correct candle 4 is a new setup for a sell +SL for buy underneath you should also have a stoploss in place for the sell order 5 pips +spread above the high of candle 4, as I'm writing this that sell has been triggered .

You are right, because it touched both it now does not count and also because R is a lower low that will be the new point that when closed you move the buy's SL down to (under low).

Yes you are right, at the time when Bar C completed you would move the SL for the pending reverse sell to above it's high +spread, you keep moving it to the highest high until a new setup bar is formed in the opposite direction- which was the bar ...

See my post 2 back in answer to your question- You should have already had a sell in place when the reversal bar closed, but now you have missed it. When your stop was hit it should have entered a sell at the same time.

Your buy entry is correct, but after bar "B" closed you should have also put a reversal pending sell order under it in the same place as the buy SL at 1.4800 and a stoploss for that sell stop above the reversal bar that just closed at 1.4954. As of ...

Here is an IBFX chart which may explain, although if you are still learning the system best get back on an Alpari chart so you can compare to sterling and the rests posts- I don't trade IBFX either, I just have a chart handy.

It literally took them no more than 30 minutes to an hour from when I sent the online form until my account was approved, they sent me one email back after about 15 mins saying that I needed to scan and send some ID as they couldn't check my online ...