R
Roberto
@robert_sondreli
Last seen:
3 weeks ago
short seller on 1 minute timeframe
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Winning so much is not a problem because it is impossible. Nobody can win too much, not even the best hedge funds.
Hello, on the May 7 report under the "actual" column, some figures are in red and some in green color; kindly shed more light sir
It depends on which broker you are using. Some brokers dont have stop loss restrictions based on spread. However, most brokers do.
Brokers like FxPro will allow you trade 0.01 lot size of gold with as little as $10 on a 1:1000 leverage account. But, remember that opening a gold trade is not the problem, keeping it open is the real headache. Even on a 0.01 lot size of gold, every pip movement is worth up to $1 so if the market moves against you, the $10 will be blown up quickly.
Check your economic calendar to be sure the market is not expecting some important news release, as that could be the reason for the sluggish price movement.
I have very rigid rules of engagement so that helps me to be patient because I must wait for the market to act before I react
Trading only major fx pairs using a raw spread account with a low cost broker will cut down spreads to near zero but you must still pay commissions on every trade.
@headies your response leaves us with more questions than answers, I think they are asking what the difference is. You said both calculate inflation differenty you could shed more light on how the calculation is done. Are you saying that analysts dont use the PCE index? Why does the Fed prefer to use the PCE index?
Just go to your US30 chart, set your timezone to UTC, wait for the 16:00 candle to form (on any timeframe) then start trading.
Noise shows up on your trading chart in the form of very small candles whose volumes are so low that they are irreevant to the overall market trend.
From 4 PM GMT after the London session has closed, the daily London FIX has been set and the New York session is in full throttle.
The brokers have found out this loop hole so they now check where you are resident. For instance if the broker sees you are resident in Nigeria and you open a ZAR account, they will increase the minimum deposit. A good example is the broker Trade Nation that has been discussed here, their minimum deposit for South African residents is 50 ZAR but if a Nigerian opens a ZAR account they immediately increase the minimum deposit to 500 ZAR
Robinhood is for investing and trading, but you cannot trade forex with them. Their product catalogue is very limited; you can only trade equities and options. Their customer service is a joke so beware.
When we say a broker is an ECN or STP broker, it doesn't mean they will not offer standard accounts where spread is the only trading fee. ECN/STP brokers offer both zero-spread accounts (where spread starts from 0.0 pips and you also pay a commission per trade) and standard accounts (where spread is higher but is the only trading fee you pay). When a broker is not an ECN/STP broker, their account types will be only standard accounts meaning spread-only accounts for example look at a broker like XM none of their accounts charge commission, so they are an example of a market maker.
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