You've made some very good points. However, the practices of the broker in question are well documented even by ex-insiders. That said, its hard enough to make money trading without having to play "beat the dealer, (which you can't) why not switch ...

The name of the game is to make money, why stick with them if you know there is a problem?

forgive the intrusion, but why?

Interactive Brokers, CoesFX, Hotspot and a few others but I can't remember who they are.

" a bank" .....If they don't have multiple market makers providing quotes, they are not an ECN and therefore you are trading at their mercy.

I use an ECN where the primary market makers are banks, five of them, and they are obligated to quoting bid and ask prices at any given level. I can also post my own bid/ask quotes in between their spreads therefore I can make my own market. I'd ...

Well they quote the following on thier site: " Interbank FX offers a revolutionary approach to foreign exchange trading. Our customer's trade directly with a streaming interbank quote feed. This is the price that banks trade at. We do not have a ...

A MM will spike up or down a few pips to trigger stops when its deemed prudent. On an ECN manipulation is less likely because a) they compete with other MMs for your business and b)they follow the agenda of the trader/traders who trade directly on ...

I watch for divergences in small time frames (5min) but I never trade a divergence solely because it happens. I always take it in context of the current market condition and whether or not the price is at a significant level.

Thanks for the feedback everyone. I would still like to hear from any traders, trading the Asian session, as to whether or not they think the lack of liquidity in the Eur/Usd is a cause for concern. Thanks, Steve

Darkstar, sorry I'm not criticizing. I understand your logic but the reasons for your trades are known and understood by few. By and large 99% are trading indicators and systems that have no intrinsic meaning and that, though profitable, would not ...

Twice I've lost 20%+ due to the unexpected whilst toying with the idea that stops were unnecessary. Never again. I use two stops; one mental where if the price reaches a certain level the trade is no longer valid and therefore I bail out. The other ...

It sounds like you want to get rich but its got to be easy. Truth be told there are easier ways to get rich than trading. There has to be more in it for you than just the money. Its no different from any other profession; if you like what you're ...

Sorry to let you down but there is no magic formula. Trading is not rocket science but patience and discipline are mandatory and are acquired through a daily struggle. That is the price you will have to pay in order to make your dreams come true. ...

Yes I'm with you on this. I've found that the majority of my winners take off right away and never return to my entry point. With this in mind, if I place a trade and the market just stalls, I take it off quickly and pay the commish. If I place one ...

Actually what I said wasn't a jab at you. Its just that knowing how markets work and what moves them simply does not permit me to believe that a series of numbers can predict what will happen next to any degree of accuracy. I once bought a book ...

Mr. Green, governments, banks and institutions etc are first tier, trading with/against each other and this is called the interbank market. We are second tier, traders either trading against a retail market maker or using an ECN. In my opinion your ...

Frameworks are very useful in that they keep one from overtrading but it doesn't mean that they are based on anything real.

S&R lines, MAs, pivots, & Fibbo's------all can provide support or resistance but are actually pretty meaningless in and of themselves. One can only really see their significance within the context of the big picture. Have a look at the Dow Theory ...