I was temped to go for the EUR/AUD pair just now but the 900/long rule stopped me as it was approaching 1.44900.
This is correct?
pgq
This is correct?
pgq
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DislikedI was temped to go for the EUR/AUD pair just now but the 900/long rule stopped me as it was approaching 1.44900. This is correct? pgqIgnored
Disliked{quote} Yes I have been thinking about this and plan to release another EA with that as an option, that is, if it detects a Buy pending order, it will save the info and delete the order and place a market order when Bid reaches that price. As soon as I can get it working, that is.Ignored
Disliked{quote} The truth is you pay the spread regardless of which direction you trade. Long you "pay" it on entry; short you "pay" it on exit. The only issue that arises with the longs, as was pointed out, is that looking back over a chart, you may see a bunch of "saved losses" because the candle never crossed the next 00 line. In reality, the ask very well might have. The same goes for shorts though in that you have to factor in that the bid went an addition spread*pips past the 50 level so you can exit. The real solution is a tight spread broker, and...Ignored
DislikedTrade # 2 EJ +5 TP {image} Now time to look for bonus trades! Masterrmind............Ignored
Disliked{quote} Well said JM.... Get as low a spread ECN broker as you can find .......... solution solved! Masterrmind...........Ignored
Disliked{quote} I mean one of the advantages to FX over futures is the "broker edge" - meaning, in futures, you will always pay a full pip in spread (or worse on some crosses, or some of the micro or mini majors). But if you look in the right places and you have enough money (and the balls to trade it), you can trade without spread, or damn close. Also, with enough volume, commissions are negotiable to the point that they are equal or better to leasing a seat at the CME. The only thing is you have to deal with no centralized exchange (so our charts all...Ignored
Disliked{quote} Well said JM.... Get as low a spread ECN broker as you can find .......... solution solved! Masterrmind...........Ignored
Disliked{quote} Yes in a word it is only one thing..............MONEY! Masterrmind..........Ignored
Disliked{quote} MM i notice you are very successful during Tokyo and Sydney do you simply apply the same rules to the JPY and AUD pairs?Ignored
Disliked{quote} I just downloaded mt4 for my iphone.... It's surprisingly awesome ! We just need iUdine i00: iFIFO on the GoIgnored
Disliked{quote} I'd be concerned about the security of the iphone transmission for your orders as well as timely execution of those orders. Masterrmind...............Ignored
Disliked{quote} For people in the US, the solution to the problem is the same as all others: its easier to make money once you have itIgnored
Disliked{quote} Yeah, as soon as I have 10,000 I can open an account with really low spreads. In the meantime I have to deal with this. (damn, the Yen is running away!)Ignored
Disliked{quote} To be honest, I think you can open an account, and just fund it with whatever you want. However, some of them have minimum trade sizes, or a minimum commission per RT (so it doesn't make sense to trade unless you are trading enough size). Anyway, sorry for the broker talk - I'll see you guys in NYIgnored
Disliked{quote} Clearly, my friend, you do not live in the US and have to deal with this B.S.! Maybe I will renounce my citizenship and move to Europe!Ignored