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Posts by
gatoreyefx
Avoid trading on macroeconomic data(brexit)
in
New Traders
Jun 25, 2016 at 14:29
best opportunity to make money when volatile. that is why you need an automated system like EA to adapt to every situation. When you have that, there's nothing to worry.
Forex Contest FX Choice
in
Contests
Mar 30, 2015 at 11:16
why trade is disabled? does anybody how to make it enabled?
Oanda versus FXCM
in
General
Dec 10, 2014 at 07:27
I stand corrected. I was wrong on my observation that Oanda halts trade during high volatility times. That is not true. I forgot the fact that my app rejects any incoming quotes higher than 2.5 pips. My apologies!
Oanda versus FXCM
in
General
Dec 06, 2014 at 17:36
I forgot to mention that I trade mostly on EUR/USD.
Oanda versus FXCM
in
General
Dec 06, 2014 at 17:36
Two completely different brokers. Depending on your style of trading, you may choose either one based on the followings. Now, this is just my personal opinion/experience/recommendation.How they make their profits:----------------------------------Oanda is a Market Maker who makes their profit on the spread. Their average spread is around 1.3 pips. FXCM on the other hand is a STP broker with tight spreads, who makes their profit on commissions charged on each trade.Odd things I noticed during the news time when the price spikes:------------------------------------------------------------------...
Forex Contest Squared Financial
in
Contests
Aug 08, 2014 at 19:10
Scalping is the only way to win this contest - going for mostly 1 - 2 pips. This type of trading can only work thru ECN brokers that have tight spreads. Most of us don't have 100k dollars to open an ECN account. So, it's out of question. However, it is a good opportunity for us living in the USA to test our strategies, made for the regular bucket shops, against the ECN broker like this. My EA definitely performs better with this ECN broker.
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