I am not a meta trader guy. So, I can't comment on that. I like charting systems like e-sig that have multiple customizable data sources.

When I wrote the initial post, I did the leg work. It was a combo of research, interviews and experience.

Hello Manuel, Unfortunately, I don't have any experience with alpari to share with you, so I cannot help there. I have not traded retail forex in a couple years, but when I did I was typically pleased with OandA. I have used about 5 or 6 other ...

Reliable, multiple source charting/price feed is essential to smart trading rather you do business with market maker or an ecn style broker. I use e-signal which has dozens of independent data sources that can be used as composite or singled out. ...

I have had many nice chats with brokers over the years. These chats area always especially optimistic when you are a prospective client. However, with many brokers, these conversations are not near as nice when there is an execution descrepency. I ...

People have been trading with desktop software stops for a very long time. One perfect example is those using automated Meta Trader type software programs that activate at certain price levels. And yes, if you loose connection or for some reason ...

No need to disagree scexglobal. I agree with both of those statements. It is just nearely impossible to cover every detail of every point and still maintain a readable and reasonable length article. Perhaps I count squeeze those details in if there ...

Well, if you are trading standard lots on common pairs, you should consider learning the ins and outs of currency futures. If you are trading exotic pairs, smaller than standard lot positions or at odd hours I like OandA for smaller position sizing ...

Hey Moe! — Hello Moe, Most everything said above is roughly true. It is far more true for larger accounts with banks & prime brokers who trade through currenex who have true transparency on your transactions. The so called "retail" ECNs do not ...

I was a little bit shocked and then moreso intrigued by the topic "is forex trading moral". I see that the trading vs gambling subject is covered here too. I would say that trading is no more gambling than challenging someone to a foot race. There ...

After looking at the above 3 charts, Here is what I see: 1. We just tested the December 04 high of 1.3680. 2. We completed this test after a perfect 5 count wave. 3. Since the retest failure of 1.3680 we have completed a textbook smaller 5 wave ...

4hr — Now the current 4hr view showing the completed 5th wave of the bear channel off of the 1.3680 retest of the 04 year end high:

daily — a closer look on the weekly bringing the fibonacci levels into view:

3 Technical Looks at The Eruo/USD — While the pound completed its bear wave count first, the euro hit the number hard and fast on Friday morning. Of course with the rapid fall of the Euro/USD there were fundemental explainations and ...

Looks like the pound was its normal overexhuberant self Alex. It overshot the expected levels to your 50% retrace and then rebounded with a vengence.

I am curious to hear any comments coming out of the IMC this a.m. that may effect carry trades.

I considered that funding route as a possiblitiy also Kurka. My only fear with that format is that it could quickly become corrupted. The only way that it would not is if it were a non profit and there was an infrastructure of accountability. FXO

this topic deserves its onw thread url

Misconduct, Cheating, Legal implications and Misunderstanding. — This is a topic that deserves attention for good reason. Because retail Forex is such a free-for-all, what it all boils down to after all of the accusations, confusion and ...