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Author Topic: Naked Chart Trading  (Read 25652 times)

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FF

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Re: Naked Chart Trading
« Reply #105 on: February 11, 2010, 11:42:44 AM »

this scout idea is unique to me.

Mostly i'll just cut loss and reverse the attack.
But forex seems to have different behavior and often time it bounces back when one think, it has to cut loss.

I'm still reading and haven't reached the page where to deploy scout,etc.
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FF

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Re: Naked Chart Trading
« Reply #106 on: February 14, 2010, 04:11:44 PM »

Hi..

may I know which fx platform u use currently?
I'm using IGmarket. Oanda has tighter spread but I tried the demo and there was slight delay.
I prefer MT4 platform however there was none in Singapore.
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HC

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Re: Naked Chart Trading
« Reply #107 on: February 14, 2010, 08:39:07 PM »

dax:

I am using FXDD, US based.  I use them because of the need for MT4 platform for EA. I has been using them since since 2008, so far so good, no complain.  Their spread is not as small as Oanda, and their based currency is US$, so I face some exchange risk.

If you wish to open account with them, please do your own due diligence.

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FF

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Re: Naked Chart Trading
« Reply #108 on: February 15, 2010, 10:03:06 AM »

thanks HC,

i just explored FXDD and there isn't great advantage compared to IGMarkets.
IGMarkets despite having 2 spreads in EU, it trades at 5 decimal points such as 1.36155/1.36175
So the 5th decimal point still can make  a different.

Of course IG is market maker but as we don't put stop, it doesn't really matter :)
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FF

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Re: Naked Chart Trading
« Reply #109 on: February 15, 2010, 10:04:04 AM »

I have account with interbankfx and mainly used for charting.
Too bad I haven't seen MT4 platform with 5 decimal points on EU currency.
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