Good information. Thanks. Now can you plz provide me with the names of some good commercial EAs to me on PM.
Oh I forgot there is no way to PM and even emails posted on here gets the post deleted. So anyways can you plz post any commercial EAs that you liked the best so far.
She has said, several times, âYou have to find what works for you.â Meaning the right time frame for your equity, the right candle setups for your psychology (are you a trend or counter-trend trader), etc etc. She has found what works for her and just like many others, it took her years of hard work to figure out what works for her. Even if she laid out step-by-step instructions, people would either poo-poo it from the start, or try it and fail because it doesnât fit their personal equity or psychology. Thus, thereâs really no point in her explaining her method. Sheâs explained it on public forums in the past and got nothing but grief for her efforts so, eventually she gave up. Each of us has to find our own way, ârow our own boatâ.
Tim ~ I never said she didnât have losses.
My point is exactly what I said in the previous post above, âAlways be willing to question what you think is possible.â
I have removed all the old red ink from the LIST.
New updates will be added in ânewâ red ink :18:
I have no objection to chit-chat about (almost) any subject at all, here in this thread, and I hope that other participants here are similarly laid-back about postings that have nothing directly to do with offshore brokers.
However, amid the chit-chat, I hope you guys are keeping an eye on the activities of our offshore brokers. And, especially, I hope that you will continue to share with us here your current experiences â good, or bad â with the offshore brokers you actually trade with. Did any of you trade during the Brexit festivities? And, if so, how did your offshore brokers perform?
Iâd be interested to hear some feedback on our four newest offshore brokers â
[B]Finpro Trading, Berndale Capital, LMFX,[/B] and [B]TradeWiseFX[/B]
â from any of you who are currently trading live with them.
Regarding the fun-and-games in the market on Friday, I hope you all made small fortunes (or large fortunes!) â or, at least, escaped unscathed. War stories are welcome here.
Be careful this week. Watch for spastic price moves in some pairs.
.
Hi Clint,
I took a few live trades with Tallinex. They had quadrupled their margin requirements in order to protect themselves and compensate for the increased volatility last week, just as many brokers did. After the SNB event last year, I can understand why brokers do this. After all, if the broker goes bankrupt, we canât play the game.
So, for fun, I watched the spreads on the gbp pairs as the unscheduled polls hit the news wires. Largest one that I saw was a 200 pip spread on gbp / nzd. Wow ! lol
The trades that I took were on xau / usd (gold). The margin increase was still quadrupled but, the spreads werenât nearly as wonky as the gbp pairs. My best trade on gold netted +250 (on a single trade). I had no issues with entry / stop / target, although I did close it manually.
Three cheers for Tallinex.
Edited to add: aud/usd, eur/aud, & eur/usd pairs have been grayed out in the market watch box since last week. Hovering over the pairs with the mouse gives a pop-up box that says âNoâ. So, for whatever reason, those three pairs have not be open for trading on Tallinex. Not sure why and as I look at my market watch box right now, they are still grayed out. Not sure of the reasoning behind that. Maybe Paul can chime in and explain.
Weâre actually really pleased at how things worked out - almost no accounts were lost due to Brexit, which is a great relief to everyone 
Think thatâs wide? ⌠EURSEK hit about 650 pips at one point :o
Thanks âŚmuch apprecated
Those pairs cannot be traded - they only exist so that MT4 can price CFDs correctly.
Thanks for the explanation on those grayed out pairs, Paul. Wow on EURSEK ! Thatâs not a pair that I watch. I focus primarily on: EA, GA, EJ, GJ, EN, GN, and gold.
N
I was searching for last few days for best commercial EA available but unfortunately if there was one someone would only use it for themselves or give it to a selected few as discussed on the forum. I looked at several on Tallinex, myfxchoice too and there were a lot of bad reviews of these EAs on certain websites. I donât know what is Clintâs policy of discussing the EAs on this thread but there is a thread already on this forum about some EAs and they are all bad to worst. I am sure as you stated there are banks who have teams working around the clock to configure settings as changes occur but then automation would not do anything for a single trader like me. As I recall most of forex teachers are trying for us to use manual trading only and they never recommend EAs for a single trader only if someone knows how the EA works and changes the settings all the time but that would defeat the purpose for a single trader wouldnât it ? I even tried signal trader and their demo account show exceptional trading but most people stated that it was a scam and they lost a lot of money when they used it for a real account. I know now manual trading is best approach for a single trader.
âDid any of you trade during the Brexit festivities?â
âŚno way! I closed all positions and stopped all programs Wednesday and didnât trade again until Monday. The prospect of being unable to exit a bad trade was enough for me to choose to sit this one out.
Great thread guys!
I will be monitoring with interest and posting my findings should I find any. I am on a broker hunt 
Is anyone else seeing major execution delays at FX Choice? Iâve had a support ticket open with them about this for 24 hours and no response. I had to get on Live Chat with them and they asked me to remain patient, which is fine. I thought I would open another fresh account and see if that was any better - nope. Still dog slow, 1-2 full seconds between clicking and actually getting a confirm. Their stop orders are the same way, which is the real major concern of mine right now. I am not a âhyperscalperâ (lol) like some of you guys, but 2 seconds to fill a stop order in a fast market is just insanity.
It seems like Iâve had no causalities during brexit after reading whatâs been shared around the web and by fellow babypipers above. My broker exceeded my expectation which I didnât expect them to do - 
Margins werenât increased and neither were the spreads exorbitantly high. Traded GBPUSD & USDJPY overall the spreads ranged between 1 to 3 pips with spiking up a few times. Thanks to Clint, I found them here on his post and the same thread. I trade with FinPro trading, though relatively new to the broker but I guess the brexit is enough to cement my trust in them. Here one more link that discusses brokers spreads during this time
Survey: How are your cable spreads so far?
And, thanks Clint youâre my man \m/
Thanks for your report, [B]rushilsmith[/B] â Iâm glad this thread has helped you.
As for [B]Finpro,[/B] credit goes to [B]john81az[/B] for bringing that broker to our attention back on March 14.
.
For the past few months, Iâve tested Bitcoin live accounts with SimpleFX and 1Broker.
Iâve only used a very small amount of Bitcoin, less than $100. (little risk and too small to matter for taxes) Both brokers have performed as expected.
1Brokerâs Commodity trades can be slow to enter and exit (a couple seconds), but they donât claim to have fast execution.
Their EURUSD trades execute much faster than their commodities.
Of particular interest, 1Broker offers a REST API. Thatâs something very valuable to me, as I prefer to write code in a language that is NOT proprietary.
For me, the API is everything. Dukascopy has a great Java API, which Iâve been locked out of after investing way too many programming hours.
I continue to look for a JForex White Label that accepts US Clients.
As a quick aside, there are a few US brokers that, although heavily regulated, still fulfill most of my requirements. Currently, I use OANDAâs REST API quite a bit. Iâve looked into Interactive Brokersâ C API and may end up opening an account there.
If anyone else has experience in coding and trading Forex as a US citizen while remaining legal and avoiding being shut down by bad legislation and would like to talk shop, Iâd welcome a strategic discussion (even if weâre talking US brokers).
Iâd prefer to code in C or R and modify to the brokerâs API. No broker can modify the C or R programming language and no law (hopefully) will prevent me from using my code.
Worst case, simply modify the code and switch to the next best broker. Iâve been burned twice by writing in a proprietary language, only to have it taken away after many hours invested. âŚno more!!
Thanks for the latitude to diverge a bit. My 2 cents that are 100% on topic, SimpleFX and 1Broker, in my experience, have delivered as advertised while I was using very small live accounts. I hope thatâs helpful.
I took a look at [B]SimpleFX (St. Vincent and the Grenadines).[/B] They offer bitcoin accounts, and margin accounts. Bitcoin accounts are available to anyone, but margin accounts (forex, CFDâs, etc.) are not offered to U.S. citizens. The margin account application asks you to specify your citizenship, by selecting from a drop-down menu [I]which does not include United States of America.[/I]
I have not looked into [B]1Broker,[/B] except to determine that their trading accounts (including margin accounts) are denominated only in bitcoin. I havenât even located where they are domiciled. Maybe someone else can fill in some of these details.
.
Hi Tallinex,
you wrote the above comment about three pairs: AUD/USD, EUR/USD and EUR/AUD (unfortunatetly the quote function somehow did not work for quoting the original poster, sknight1 post number 3622).
It would be good to know if those pairs are only not tradeable now or not at all.
You did not give an explanation why they are not tradeable, only stated facts 5 words. For you it is most likely ânormal situationâ and obvious statement, for me it is a huge surprise. I believe a little more explanation would be needed there as EUR/USD is the single most important currency pair to trade in the world, AUD/USD might be also in the top 10 pairs, not sure about EUR/AUD. So if you do not provide such pairs, it would make less sense to trade at Tallinex for many traders.
Thanks,
FE
There was too much volatilty during Brexit but volatility is where most people make money if they are synced in with the correct info. I knew by reading social media there was too much momentum on yes to Brexit which the media and even politicians were surprised at as they were expecting to stay in EU. There is another volatility event coming this year in Nov in US. Polls are showing skewed towards Hillary Clinton but social media is alive with Trump support and it is social media that led to his victory in Republican primaries. But itâs electoral college that actually decides the President in US not the general public but I will not be too surprised if he wins. Expect a major volatility during that time.
Tradeable currency symbols use the âecnâ suffix i.e. EURUSDecn, and all three of the pairs you mention are available. A case of âseekâŚand you shall findâ
Thanks! As I am not registered yet, I couldn´t seek but now I know that.
âŚgood points. I donât mind the volatility, but dislike the potential lack of liquidity (in the needed direction). My concern was that the instrument would move wildly in the wrong direction, or spread would become huge, and blow past my stop loss. If I were relatively confident that stops would trigger at reasonable prices, I would have remained in the game.
Fundamental trading on big news is interesting, but I do not have a good record of picking the direction of the move. Even when I have predicted the news correctly, sometimes prices have behaved strangely. Then too, when I am spot on with both prediction of news and price movement, the spreads often become unmanageable. My best trading, so far, has been technical when the markets are not being disrupted by big news.