There was an article by Oanda a while back on this, showing that while E/U had high liquidity, USD/CAD only had a fraction of that liquidity. In other words, good luck trying to apply your strategies with scale with any other markets than E/U. It's ...

Even traders of E/U fell into a liquidity gap when CHF went crazy, but that is besides the point. Diversifying does remove some of the liquidity gap risk, true. However, now you are facing an increase in directional risk due to having to time ...

You are not making this return without significant tail risk on a larger account. FX simply isn't that liquid, although people think it is. This is risk you cannot manage or control. Remember that liquidity gaps occur without notice and trigger your ...

Unfortunately this is how it goes. Look at jacko. This guy was the top trader on the factory as it all turned out to be a scam. I think the issue is that the possible rate of returns are not enough for the average "dreamer". Compounding a small ...

I'm not talking about getting in, but getting out. No doubt that you can get filled with little to no slippage when you are entering long during a market drop (or peak). What I mean is, what kind of slippage can you incur in FX when a SL gets ...

Great to have you back, seneca! Could you share with us what kind of slippage you experience (average and worst case) when counter trend trading with the larger account? For example, have you ever experienced a 15 pip SL turning into a 50 pip loss ...

It may have been the wrong move, but how does that help you as a trader? The market is always right. Never forget that!

Matt, this event was foreseeable. It really was not as much a blackswan event as the crash of 1987, because the EUR/CHF was essentially not allowed to float freely. The entire market context was broken from the beginning. Pegs can be maintained, but ...

It is possible that the selling pressure was so large that it eclipsed any buying momentum (assuming that those orders you talk about were triggered).

This guy traded EUR/USD around this time and lost more than -2000 pips total!!! got slipped big time! url

That's BillyRay type tradin' my friend. Took that trade also, however those bear exhaustion candles had me moving that stop to BE rather quickly.

Well, I wasn't talking about what works everyday but rather what can happen over a period of months. Some of the levels you mentioned in your strategy can yield negative results for a while until they pick up again. I am guessing that you use ...