EURUSD

Quoting Rtm

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{quote} stops successfully collected! thanks all, im out, today is the 3x rollover swap don't want to hold EURUSD long overnight as the swap is killer especially on 3x Thursday.

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Quoting mahfoozah

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{quote} tell your broker you dn deal in interest and they will get you a swap free account .. hehe kidding... i dn why i have been offered swap free account without asking

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Quoting prezd

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{quote} are you muslim ?

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Quoting mahfoozah

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{quote} Yes I am Alhamdolillah... may be thats why swap free

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Quoting mahfoozah

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{quote} tell your broker you dn deal in interest and they will get you a swap free account .. hehe kidding... i dn why i have been offered swap free account without asking

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Quoting prezd

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{quote} correct, Forex Islamic accounts are also known as swap-free accounts as they imply noswap or rollover interest on overnight positions, which is against Islamic faith. Non-Islamic traders don't have this option. Don't jump for joy just yet, they usually recover it from slippage.

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Quoting mahfoozah

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{quote} tell your broker you dn deal in interest and they will get you a swap free account .. hehe kidding... i dn why i have been offered swap free account without asking

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Quoting Rtm

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{quote} its not really swap free, you still have to pay admin charges that equal a swap.

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Quoting Rtm

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{quote} well I hold like 1-10 contracts on different pairs mostly EURUSD. right now im not too bad and everything is balanced I got some NZDCAD longs helping out.

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Quoting mahfoozah

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{quote} look at this {image}

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Quoting Pharm0r

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{quote} Lot sizing as correct as it's going to get for that account, looks to be 1000% leverage, which with such a small account is inevitable. Keep it to .01 lots and make that account last as long as possible.....dont fall for the leverage trap, which for that account would be more than .01 lots traded Good luck in your learning experience, the small live accounts teach more than any demo ever will- both about the reality of trading the market, and the reality of your mental state while trading....

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Quoting mahfoozah

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{quote} i am trading since 2009 left couple of years in between and never faced this slippages issue i am not even sure what exactly it means i think missing/not filling assigned sl or pending positions? this never happened to me. may be bcoz of small account they dn bother hehe

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Quoting prezd

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{quote} what's the swap they're charging you? or are you trading yards ? The swap is like 2.6 $/ std. lot, that's about 0.26 pips equiv. a risk of 0.26 shouldn't be a problem if it grants you extra pips

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Quoting Ken A

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{quote} In the absence of news/data 1.107x and 955x should do the trick for the rest of the session

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Quoting prezd

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{quote} It usually can be checked in journal, but you can spot it live after some time. slippage occurs in certain iliquid conditions, OR if broker is manipulating orders. simply put: your order (manual open/close, SL, TP, limit) is filled at a worse or better price than set. if broker is dodgy, price is always worse. how to spot it? you enter manualy but the order is filled lower or higher, be it a fraction of pip up to a few pips. or your order is filled after a few seconds, at the worst price in the meantime. In acc history tab you can see SL...

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Quoting yareck1

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now 1.1060?

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Quoting vasily

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for current 1h bar if price cant break 1.0867 down then consider bullish.or new algo needed

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