Intraday Live short term trading calls from an Expert Retail Forex Trader

[Forexmospherian]

As i say - that - the good old GU is showing it hand - under 82 is a scalp sell and price as just breached 73 current low

 

[Forexmospherian]

Now under 79 - GU still another scalp sell on any small bounces

 

[MajorMagnuM]

ok lmax charge 0.0025% of the notional value in the second named currency. I assume that stays the same for an acc with them via alpha novae.
f x p ro if i remember right ( cant find the info on the website) is 60$ per million
Im assuming the first one is the best deal cost wize?

 

[MajorMagnuM]

Also, ty for comments F, but im not feeling confident about trading live yet. I think my entries still are too wide of mark

 

[fx_]

ok lmax charge 0.0025% of the notional value in the second named currency. I assume that stays the same for an acc with them via alpha novae.
f x p ro if i remember right ( cant find the info on the website) is 60$ per million
Im assuming the first one is the best deal cost wize?

that mean lmax take $25 for a million $ trade one time, so if you open and close, you have to pay for the round turn $50.

 

[MajorMagnuM]

that mean lmax take $25 for a million $ trade one time, so if you open and close, you have to pay for the round turn $50.

so if i used 1% of 1k ie 10gbp over 5 pips, ie £2 a pip, how wld i work out the cost?
ty fx_

 

[fx_]

so if i used 1% of 1k ie 10gbp over 5 pips, ie £2 a pip, how wld i work out the cost?
ty fx_

you have to calc in pips, if you trade a million so 1 pip will be $100 and the cost of com. will be 0.5 pips of your win per trade, so anytime you has to make min. 0.5 plus spread to BE.

 

[MajorMagnuM]

you have to calc in pips, if you trade a million so 1 pip will be $100 and the cost of com. will be 0.5 pips of your win per trade, so anytime you has to make min. 0.5 plus spread to BE.

ok i think i get that! cheers man

 

[MajorMagnuM]

ea im short

 

[MajorMagnuM]

what are you following fx_?

 

[MajorMagnuM]

sl hit -2

 

[fx_]

I trade fractal at the M1, but now flat at 4 pairs I checkout

 

[MajorMagnuM]

will shrt again if 238 gives out

 

[MajorMagnuM]

I trade fractal at the M1, but now flat at 4 pairs I checkout

fractals as in 2higher each side>
?

 

[MajorMagnuM]

ok im short AGAIN

 

[fx_]

I'm like Bill Williams

 

[fx_]

fractals as in 2higher each side>
?

right but has many other to confirm that

 

[MajorMagnuM]

and short ej

 

[MajorMagnuM]

I'm like Bill Williams

yes i know this. squat. are you using tick vol as a proxy as he suggests\? for squats etc

 

[MajorMagnuM]

ej m15 pa has filled first mountain for a while