currentprice:
am not on sit to manage my trade like yesterday,,,,,could have close with profit for re-entering later. all-in-all am still happy with my GA sell,,,,,, planing to open additional position to the trade. if what my system saying is right. EA and GA will fall like a rain between now till tomorrow.

you are the CEO of your own trading account,,, manage it well.

The fall is going to be a downpour especially on EA given that it's been ranging for the past 3 weeks. GA, that nucca na tsunami. There is a perfect engulfing pattern on the daily. That nucca could deliver up to a 1000 pips by Friday next week. Patience will be key here.

I noticed that perfect engulfing/patterns would deliver as many pips as the following based on time frames

1hr : 90 to 110 pips
4hr : 250 to 400 pips
1D : 700 - 1200 pips

Pips are almost always delivered within the next 3 to 4 periods of formation. It may not happen this time but I have kinda been making notes since January and it is almost always a given.

Anyway sha, me sef follow una enter GA sell 20398 with a 100 pips sl

The fall is going to be a downpour especially on EA given that it's been ranging for the past 3 weeks. GA, that nucca na tsunami. There is a perfect engulfing pattern on the daily. That nucca could deliver up to a 1000 pips by Friday next week. Patience will be key here.

I noticed that perfect engulfing/patterns would deliver as many pips as the following based on time frames

1hr : 90 to 110 pips
4hr : 250 to 400 pips
1D : 700 - 1200 pips

Pips are almost always delivered within the next 3 to 4 periods of formation. It may not happen this time but I have kinda been making notes since January and it is almost always a given.

Anyway sha, me sef follow una enter GA sell 20398 with a 100 pips sl tongue......MADAM CHECK WELL O...PERFECTLY ENGULFING ON DAILY FOR GA?

naijababe:

The fall is going to be a downpour especially on EA given that it's been ranging for the past 3 weeks. GA, that nucca na tsunami. There is a perfect engulfing pattern on the daily. That nucca could deliver up to a 1000 pips by Friday next week. Patience will be key here.
I noticed that perfect engulfing/patterns would deliver as many pips as the following based on time frames
1hr : 90 to 110 pips
4hr : 250 to 400 pips
1D : 700 - 1200 pips
Pips are almost always delivered within the next 3 to 4 periods of formation. It may not happen this time but I have kinda been making notes since January and it is almost always a given.
Anyway sha, me sef follow una enter GA sell 20398 with a 100 pips sl

....Ma, u sure about perfectly engulfing on GA daily?

pitanyomi:
....Ma, u sure about perfectly engulfing on GA daily?

On my chart, I think so unless I am seeing doubles

naijababe:


Is that GA trade a long or short?

long maam

Are u referring to the bearing candle .i.e third from present candle............if so, somehow that bullish candle it seem to engulf is missing on my chart. And i wouldn't call that PERFECTLY. Think i need a new broker

naijababe:


On my chart, I think so unless I am seeing doubles

leopower:

long maam

Ok, thought so

pitanyomi:
Are u referring to the bearing candle .i.e third from present candle............if so, somehow that bullish candle it seem to engulf is missing on my chart. And i wouldn't call that PERFECTLY. Think i need a new broker

It does depend on when your candle closes. Mine closes at GMT-1 and yes third candle from the present. It does seem to go into the body of the long green candle

Thank you madam.

naijababe:


It does depend on when your candle closes. Mine closes at GMT-1 and yes third candle from the present. It does seem to go into the body of the long green candle

Where is ziqqz? Did he keep faith with his GU sell?

mahyowah:
Hello house,
I'm about to start my own forex trade and i'd like to know which bank is the best to use for trading. I've read comments here and i can see that this place is a great place. I really cant wait to join the family.

Your capital should be in 5figures in dollars before you can open account with leading Forex banks like ibs, Deutsche Bank, Barclay, citifx. But most of us here use either xm or fxtm. I have an account with both and you can sign up via my signature

bullish biased on gold waiting for a setup..this week or next...120x.xx calling this month...
happy trading...
nothing is guaranteed...

seyejohn94:
bullish biased on gold waiting for a setup..this week or next...120x.xx calling this month...
happy trading...
nothing is guaranteed...

are those fibonaccis or pivot points

infinityandzero:
are those fibonaccis or pivot points

Combination of both....

mahyowah:
Hello house,
I'm about to start my own forex trade and i'd like to know which bank is the best to use for trading. I've read comments here and i can see that this place is a great place. I really cant wait to join the family.

How to Distinguish Between Market Maker and True ECN/STP Brokers
There are so many articles about brokers, market maker and ECN/STP brokers, liquidity providers and… already published on this site. Although I believe novice traders can read those articles and learn about these important topics, still it seems one more article is needed to explain how to differentiate a market maker from an ECN/STP one.

In the past, most traders knew nothing about the market maker and dealing desk topics, and also true ECN/STP brokers. But now that traders have learned what these systems are, they insist to open their live accounts with true ECN/STP brokers. This has caused many of the market maker brokers to pretend to be an ECN/STP broker, whereas they are market makers behind the scene. How can you verify this before you open a live account with the broker?

Before I answer this question, please let me give a short explanation about market maker and ECN/STP systems. As I mentioned, there are detailed articles on this topic on FxKeys that you can read to learn more.

When you open a live account with a market maker broker, indeed you are trading with the broker, not with the real world wide currency market. The market is the broker itself. Although the currency pairs prices are almost the same as the other brokers, on a market maker platform, your orders never go beyond the brokers computers and you trade inside the brokerage firm. So, if you make profit, the broker has to pay it. And, the money you lose goes to the broker’s pocket. It means your profit is the broker’s loss, and visa versa. Read this article to know how a market maker broker makes money: Market Maker Brokers: Is It Bad or Illegal to Be a Market Maker?

Unlike market maker brokers, true ECN/STP brokers just route your orders to the banks that are also known as liquidity providers. They just connect the platform you install on your computer to the liquidity providers computers. They charge you some fees to do that, but they don’t make any money from your losses, nor they lose if you make profit. Read this article to learn about liquidity providers and the way they make money: How Do the Liquidity Providers Make Money and Are They Market Maker?

A market maker broker doesn’t become happy if you make profit. A consistently profitable trader is their biggest enemy, because the profit he makes has to be paid from their pocket. Although more than 95% of the traders lose on their own and the broker doesn’t have to make them lose, still most market maker brokers do their best to make the clients lose easier and earn harder. There are some ways to do that: 6 Ways Forex Brokers Cheat You

Unlike market maker brokers, true ECN/STP brokers don’t bother to make the traders lose, because it doesn’t make any difference for them. Indeed, most of them even help their clients to make profit and grow their accounts, because they will stay with the broker longer and will make bigger positions, and this means more money for the broker too.

Therefore, traders prefer to open their accounts with true ECN/STP brokers, because they don’t want to be cheated by the market maker brokers. The problem is, nowadays many market maker brokers claim to be an ECN/STP broker. Some of them even transfer your orders to a so called liquidity provider, but the problem is the liquidity provider is either another market maker brokerage belonged to the same company or a sister company, or, it is a poor bank somewhere in the Pacific ocean.

That is why I use the term “True ECN/STP” because there are “False ECN/STP” brokers too.

It is not bad and illegal to be a market maker broker. What is bad (or maybe illegal depend on who writes the rules) is trying to make the traders lose. Market maker brokers can make a decent amount of money because more than 95% of the traders lose on their own without having to make them lose. They even lose with the demo accounts too. However, the problem comes when market maker brokers get greedy and try to make more money within a shorter time. So they manipulate all traders’ positions, no matter if they are winning or losing traders. Of course, they do their best to stop the winning traders and make them close their account and leave.



The reason is that past performance is not a guarantee of future results. Even if a broker has been doing good for years, they can change overnight and start cheating their clients, and we will be accused as the referrer too. So, although it makes a lot of money, we prefer not to enter such a game at all. However, still we can educate people to enable them to distinguish between bad (market maker) and good (true ecn/stp) brokers, so they can easily choose a good broker to open their live accounts with, when they are ready to.

The Differences of Market Maker and True ECN/STP Brokers
Fortunately it is not that hard to distinguish between market maker and true ecn/stp brokers, even before opening a live account with them. There are some signs that you have to follow and come to this conclusion whether the broker is a market maker, false ECN/STP or true ECN/STP.

1. Spread
Traders like to pay less spread to make more profit. So, there is a competition among brokers to offer the lowest possible spread to attract more traders. Market maker brokers have full control on the spread. They can offer even zero spread, because everything can be set at their side. False ECN/STP brokers can do that also, because their liquidity providers are usually under their control too. True ECN/STP brokers have no control on the spread, because it is the liquidity provider that charges the spread. True ECN/STP brokers can add markups to the spread, but they cannot take it below what the liquidity providers offer.

Therefore, all the brokers who offer a fixed or zero spread are market makers. This is the first signal you have to notice. Spread cannot be fixed on the real currency market.

Also, brokers that offer higher than usual spreads are market makers, because nowadays liquidity providers offer very low spread. For example, EUR/USD spread is sometimes even below 0.6 pips. So, a broker that offers the minimum spread of 2 pips or higher for EUR/USD, is either market maker or a cheater ECN/STP that has added to the spread without informing the clients.

Commission is the only known legal way for the ECN/STP brokers to make money. Markups and adding to the spread is fraud.

2. Swap
Swap can also be fully controlled by market maker brokers. Indeed, market maker brokers can control everything, from the price, to spread, swap, market open/close time and… .

If a broker is offering a swap free account, it is a market maker broker definitely. There is no real liquidity provider that doesn’t charge any swap. It is one of their sources of income that they cannot ignore, because they also have to pay it to the other dealer and organizations they are dealing with.

Also, when swap is exceptionally high or low, the broker is market maker.

Please note that although swap has a special formula that uses the same interest rate for calculations, different liquidity providers offer different swap, because they can control it.

3. Lot size:
I have never seen a real, well-known and strong liquidity provider like Bank of America, Nomura, Goldman Sachs, Deutsche Bank, Citi Bank, JP Morgan, Royal Bank, HSBC and… that supports micro-lots (0.01). Therefore, brokers that offer micro-lots are either market maker, or false ECN/STP.

4. Leverage:
100:1 is the maximum leverage that well-known and strong liquidity providers support. Therefore, all brokers that offer a higher leverage are either market maker or false ECN/STP.

Another thing about leverage is that some brokers lower the leverage on weekends. They say they do it to protect the clients funds, whereas this is nonsense. They do it to make all the accounts that have negative positions, reach the stop out level and get wiped out. Any broker that changes the leverage is market maker or a false ECN/STP.

Those are the most important factors that you have to check with the brokers. Hope I have not missed anything here. Please let me know if there is anything else that I have to explain.

Update Apr 07, 2015:

FxKeys followers comments made me remember some other factors that help you to distinguish between market maker and true ECN/STP brokers:

5. Scalping:
True ECN/STP brokers don’t care how you trade and make money and how early you close your positions. They allow you to scalp and you can do it if the markets allow you to. You can use scalping robots on your platform with true ECN/STP brokers. But market maker brokers are against scalping, because they don’t want you to make small profits. Therefore, they make limits on taking profit and closing the positions. They don’t allow you to close your positions too fast. When you see such limits, you should know that you are dealing with a market maker broker.

6. Stop Loss, Target and Trailing Stop Loss:
Market maker brokers have limits on stop loss, target and trailing stop loss size. They don’t allow you to set them too tight. But true ECN/STP brokers don’t care about these things at all.

7. Bonus
Bonus is another important sign that the broker is a true market maker!

I see that some brokers offer even a 50% bonus. Do you think a true ECN/STP broker who only makes money through commissions can afford to do this? They cannot afford it even if they make extra money through markups.

Stay away from the brokers who offer free bonus. They do it to attract small retail traders who don’t have enough money to open a reasonable account. And, they know that greed will make these trader to lose all. Losing the bonus doesn’t hurt the broker, because it is nothing but a number for a market maker broker. It is only the trader who loses his capital.

8. Negative Balance Protection
It is another trick by some market maker brokers. A true ECN/STP broker deals with real money. If a huge and sudden price movement occurs like the 15th Jan CHF Tsunami, and traders accounts go to negative balance because of having no stop loss or because the stop loss orders could not be triggered, then it is the traders responsibility to pay for the negative balance. It is your account and you are the one who have lost money, because of the currency you have been trading.

However, I have never seen that brokers prosecute retail traders for their negative balance, because if they say in advance that it is the trader who has to pay for a negative balance, then no trader dares to sign up for an account, because not only you can lose your trading capital, but you have to pay extra for the negative balance. As far as I know, true ECN/STP brokers take the responsibility themselves and pay the negative balance to the liquidity providers. They have to shut down the brokerage if they cannot do it, and they are the one who will be prosecuted by the liquidity providers.

With the market maker brokers, a billion dollar negative balance on a live account is the same as a billion dollar loss on a demo account. Do you pay any money to the broker when you blow up your demo account? Definitely not. You just sign up for another demo account. Then why do some market maker broker offer “negative balance protection”?

This is to deceive the traders. They want the traders to feel safe. Traders don’t know what is behind the scene. So, they prefer to sign up for an account with a broker that offers negative balance protection, whereas they don’t know that such a broker is a market maker who makes them lose, but the other broker who cannot offer negative balance protection is a true ECN/STP that becomes even happier if the clients make money.
www.fxkeys.com/how-to-distinguish-between-market-maker-and-true-ecnstp-brokers/

naijababe:


Mixed trade for you there. I sold GJ again, I guess it will probably do something crazy tomorrow or Friday. Either way, me sef don close eye sell the thing again jare. Make e do wetin hin wan do

The EJ deceived me with this morning's move
Though I was making some pips initially, but I manually closed it in negative
GU made me smile
Still holding my GJ sell

raycolz84:


The EJ deceived me with this morning's move
Though I was making some pips initially, but I manually closed it in negative
GU made me smile
Still holding my GJ sell

I know, GU did well today, God knows what is holding GJ

raycolz84:

The EJ deceived me with this morning's move
Though I was making some pips initially, but I manually closed it in negative
GU made me smile
Still holding my GJ sell

You didn't get in early enough.. Got my full quota from it o..

This GJ sell though... Reluctance to stay below 192 today should be a worry.

closing my gbp/aud buy manually with 100pips...........


AUD/USD buy limit @0.7620
stop loss @0.7583
target @0.7704

best of luck................

harizonal123:


How to Distinguish Between Market Maker and True ECN/STP Brokers
There are so many articles about brokers, market maker and ECN/STP brokers, liquidity providers and… already published on this site. Although I believe novice traders can read those articles and learn about these important topics, still it seems one more article is needed to explain how to differentiate a market maker from an ECN/STP one.

In the past, most traders knew nothing about the market maker and dealing desk topics, and also true ECN/STP brokers. But now that traders have learned what these systems are, they insist to open their live accounts with true ECN/STP brokers. This has caused many of the market maker brokers to pretend to be an ECN/STP broker, whereas they are market makers behind the scene. How can you verify this before you open a live account with the broker?

Before I answer this question, please let me give a short explanation about market maker and ECN/STP systems. As I mentioned, there are detailed articles on this topic on FxKeys that you can read to learn more.

When you open a live account with a market maker broker, indeed you are trading with the broker, not with the real world wide currency market. The market is the broker itself. Although the currency pairs prices are almost the same as the other brokers, on a market maker platform, your orders never go beyond the brokers computers and you trade inside the brokerage firm. So, if you make profit, the broker has to pay it. And, the money you lose goes to the broker’s pocket. It means your profit is the broker’s loss, and visa versa. Read this article to know how a market maker broker makes money: Market Maker Brokers: Is It Bad or Illegal to Be a Market Maker?

Unlike market maker brokers, true ECN/STP brokers just route your orders to the banks that are also known as liquidity providers. They just connect the platform you install on your computer to the liquidity providers computers. They charge you some fees to do that, but they don’t make any money from your losses, nor they lose if you make profit. Read this article to learn about liquidity providers and the way they make money: How Do the Liquidity Providers Make Money and Are They Market Maker?

A market maker broker doesn’t become happy if you make profit. A consistently profitable trader is their biggest enemy, because the profit he makes has to be paid from their pocket. Although more than 95% of the traders lose on their own and the broker doesn’t have to make them lose, still most market maker brokers do their best to make the clients lose easier and earn harder. There are some ways to do that: 6 Ways Forex Brokers Cheat You

Unlike market maker brokers, true ECN/STP brokers don’t bother to make the traders lose, because it doesn’t make any difference for them. Indeed, most of them even help their clients to make profit and grow their accounts, because they will stay with the broker longer and will make bigger positions, and this means more money for the broker too.

Therefore, traders prefer to open their accounts with true ECN/STP brokers, because they don’t want to be cheated by the market maker brokers. The problem is, nowadays many market maker brokers claim to be an ECN/STP broker. Some of them even transfer your orders to a so called liquidity provider, but the problem is the liquidity provider is either another market maker brokerage belonged to the same company or a sister company, or, it is a poor bank somewhere in the Pacific ocean.

That is why I use the term “True ECN/STP” because there are “False ECN/STP” brokers too.

It is not bad and illegal to be a market maker broker. What is bad (or maybe illegal depend on who writes the rules) is trying to make the traders lose. Market maker brokers can make a decent amount of money because more than 95% of the traders lose on their own without having to make them lose. They even lose with the demo accounts too. However, the problem comes when market maker brokers get greedy and try to make more money within a shorter time. So they manipulate all traders’ positions, no matter if they are winning or losing traders. Of course, they do their best to stop the winning traders and make them close their account and leave.



The reason is that past performance is not a guarantee of future results. Even if a broker has been doing good for years, they can change overnight and start cheating their clients, and we will be accused as the referrer too. So, although it makes a lot of money, we prefer not to enter such a game at all. However, still we can educate people to enable them to distinguish between bad (market maker) and good (true ecn/stp) brokers, so they can easily choose a good broker to open their live accounts with, when they are ready to.

The Differences of Market Maker and True ECN/STP Brokers
Fortunately it is not that hard to distinguish between market maker and true ecn/stp brokers, even before opening a live account with them. There are some signs that you have to follow and come to this conclusion whether the broker is a market maker, false ECN/STP or true ECN/STP.

1. Spread
Traders like to pay less spread to make more profit. So, there is a competition among brokers to offer the lowest possible spread to attract more traders. Market maker brokers have full control on the spread. They can offer even zero spread, because everything can be set at their side. False ECN/STP brokers can do that also, because their liquidity providers are usually under their control too. True ECN/STP brokers have no control on the spread, because it is the liquidity provider that charges the spread. True ECN/STP brokers can add markups to the spread, but they cannot take it below what the liquidity providers offer.

Therefore, all the brokers who offer a fixed or zero spread are market makers. This is the first signal you have to notice. Spread cannot be fixed on the real currency market.

Also, brokers that offer higher than usual spreads are market makers, because nowadays liquidity providers offer very low spread. For example, EUR/USD spread is sometimes even below 0.6 pips. So, a broker that offers the minimum spread of 2 pips or higher for EUR/USD, is either market maker or a cheater ECN/STP that has added to the spread without informing the clients.

Commission is the only known legal way for the ECN/STP brokers to make money. Markups and adding to the spread is fraud.

2. Swap
Swap can also be fully controlled by market maker brokers. Indeed, market maker brokers can control everything, from the price, to spread, swap, market open/close time and… .

If a broker is offering a swap free account, it is a market maker broker definitely. There is no real liquidity provider that doesn’t charge any swap. It is one of their sources of income that they cannot ignore, because they also have to pay it to the other dealer and organizations they are dealing with.

Also, when swap is exceptionally high or low, the broker is market maker.

Please note that although swap has a special formula that uses the same interest rate for calculations, different liquidity providers offer different swap, because they can control it.

3. Lot size:
I have never seen a real, well-known and strong liquidity provider like Bank of America, Nomura, Goldman Sachs, Deutsche Bank, Citi Bank, JP Morgan, Royal Bank, HSBC and… that supports micro-lots (0.01). Therefore, brokers that offer micro-lots are either market maker, or false ECN/STP.

4. Leverage:
100:1 is the maximum leverage that well-known and strong liquidity providers support. Therefore, all brokers that offer a higher leverage are either market maker or false ECN/STP.

Another thing about leverage is that some brokers lower the leverage on weekends. They say they do it to protect the clients funds, whereas this is nonsense. They do it to make all the accounts that have negative positions, reach the stop out level and get wiped out. Any broker that changes the leverage is market maker or a false ECN/STP.

Those are the most important factors that you have to check with the brokers. Hope I have not missed anything here. Please let me know if there is anything else that I have to explain.

Update Apr 07, 2015:

FxKeys followers comments made me remember some other factors that help you to distinguish between market maker and true ECN/STP brokers:

5. Scalping:
True ECN/STP brokers don’t care how you trade and make money and how early you close your positions. They allow you to scalp and you can do it if the markets allow you to. You can use scalping robots on your platform with true ECN/STP brokers. But market maker brokers are against scalping, because they don’t want you to make small profits. Therefore, they make limits on taking profit and closing the positions. They don’t allow you to close your positions too fast. When you see such limits, you should know that you are dealing with a market maker broker.

6. Stop Loss, Target and Trailing Stop Loss:
Market maker brokers have limits on stop loss, target and trailing stop loss size. They don’t allow you to set them too tight. But true ECN/STP brokers don’t care about these things at all.

7. Bonus
Bonus is another important sign that the broker is a true market maker!

I see that some brokers offer even a 50% bonus. Do you think a true ECN/STP broker who only makes money through commissions can afford to do this? They cannot afford it even if they make extra money through markups.

Stay away from the brokers who offer free bonus. They do it to attract small retail traders who don’t have enough money to open a reasonable account. And, they know that greed will make these trader to lose all. Losing the bonus doesn’t hurt the broker, because it is nothing but a number for a market maker broker. It is only the trader who loses his capital.

8. Negative Balance Protection
It is another trick by some market maker brokers. A true ECN/STP broker deals with real money. If a huge and sudden price movement occurs like the 15th Jan CHF Tsunami, and traders accounts go to negative balance because of having no stop loss or because the stop loss orders could not be triggered, then it is the traders responsibility to pay for the negative balance. It is your account and you are the one who have lost money, because of the currency you have been trading.

However, I have never seen that brokers prosecute retail traders for their negative balance, because if they say in advance that it is the trader who has to pay for a negative balance, then no trader dares to sign up for an account, because not only you can lose your trading capital, but you have to pay extra for the negative balance. As far as I know, true ECN/STP brokers take the responsibility themselves and pay the negative balance to the liquidity providers. They have to shut down the brokerage if they cannot do it, and they are the one who will be prosecuted by the liquidity providers.

With the market maker brokers, a billion dollar negative balance on a live account is the same as a billion dollar loss on a demo account. Do you pay any money to the broker when you blow up your demo account? Definitely not. You just sign up for another demo account. Then why do some market maker broker offer “negative balance protection”?

This is to deceive the traders. They want the traders to feel safe. Traders don’t know what is behind the scene. So, they prefer to sign up for an account with a broker that offers negative balance protection, whereas they don’t know that such a broker is a market maker who makes them lose, but the other broker who cannot offer negative balance protection is a true ECN/STP that becomes even happier if the clients make money.
www.fxkeys.com/how-to-distinguish-between-market-maker-and-true-ecnstp-brokers/

After all dis many talk na only one "like"
Chei FTA people una wicked sha ooo

raycolz84:


After all dis many talk na only one "like"
Chei FTA people una wicked sha ooo

You shouldn't have quoted everything again bro.. Tiring.

On the whole broker talk, we've gone through it in past seasons. Traders should focus on becoming good traders and building a decent account first before anything. As long as you are using a popular broker that pays your profits and doesn't have too many complaints about them, use them.

It's not like anyone here has $1m in their trading account yet and I have seen XM accounts of $250K and $500K being traded without issues.

ECN brokers have their problems as well, some of them being off market quotes where you can be filled 100 pips away from actual price and abrupt close of your trade for lack of liquidity.

FXCM passed off as ECN for years until they were forced to use the "Non Dealing Desk" term due to regulations. Alpari did the same too IIRC.

Trade withdraw and build your account, if you start noticing discrepancies, move. Real market makers for me are those that refuse to pay profits, move orders, requote etc. Everything else na grammar.

at the end of the day every broker, liquidity provider is a market maker......all that matters is the integrity of the managment of the market maker.....if big liquidity provider is not honest they will cheat too....

naijababe:


I know, GU did well today, God knows what is holding GJ

Definitely before friday afternoon
It must hav chosen a specific direction
And you know when g/j start him own madness
Na 200 pips and above e dey vomit
I jus hope am on the right side sha

raycolz84:


Definitely before friday afternoon
I must hav chosen a specific direction
And you know when g/j start him own madness
Na 200 pips and above e dey vomit
I jus hope am on the right side sha

I have decided that I am going to hold it it come what may this time

I'm looking forward towards buying ga after market close

raycolz84:

After all dis many talk na only one "like" Chei FTA people una wicked sha ooo

I think it's because the thread is called FT Allert not FT story!

just bought GU @ 1.5618 sl@1.5590 tp1 @ 1.5785 tp2@ 1.5925

frenchman2:

trade in red. moved sl after reevaluation
will manually close trade if 100.54 resistance is broken

bro you never give up despite the many SL hit....could it be that you have a bank at your residence

Ga buy stop 2.0450
SL and tp...Traders discretion Nothing is guaranteed

Karlebolu:


Bank ke? I guess you're new to FX.

In FX, you trade through brokers not banks. Many traders here use XM, FXTM and FXCM. But since you are a newbie, I humbly suggest you visit www.babypips.com/school to learn about FX, they even have a platform where you can compare and contrast brokers before settling for one.

jendy36 Karlebolu infinityandzero guys, if i don't need a bank, where will i make deposits and how will i withdraw my profits

bought gold @ 1169.007 sl@ 1166.00 tp1 @ 1187.00 tp2@ 1203.00

mahyowah:
jendy36 Karlebolu infinityandzero guys, if i don't need a bank, where will i make deposits and how will i withdraw my profits

Your Forex Broker holds on to your deposit. and usually they have various methods of withdrawals.