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Spread, Comissions, Slippage (SCS Trio)

The SCS Trio, spreads, comissions, and slippage is a very important factor in day trading forex success. Forex is a very difficult market, and in order to beat that market, or to make consistent profit, you need to overcome several factors. The SCS Trio constitute a large part of the edge that works

My Fx Report, how do you rate my site?

Maybe this is a suicide to make poll about my site, but really I need to see what people think about it, so I can make it better. Many people email me and tell me you site is nice, and keep the good work, but many others, are just disturbed because I put adsense on my site, and because I sell the

TRY/JPY correlation. $40 USD per day

taking a long position for TRY/JPY will get you $40 a day in interest. That is 1200 USD per month. Does anyone have any idea about another per which can be hedged against the TRY/JPY so that one does not lose if TRY/JPY went down? Regards Yanni Welcome to My Fx Report - Live Forex Trading

Lates CFTC report fro FCMs

Latest FCMs report from CFTC released to show that several FCMs have staretd to increase their NET Adjusted Captial to be above the 5M mark suggested by the NFA. Mgforex, one of them, increased their NAC to be become 5.1 M. Until the end of this year, if firms remain under 5, they will face closing

Trading for a living. Tip #1

Fantasy Vs. Reality The most important thing you need to check yourself for, if you want to be a professional trader, is the ability to identify your fantasies and quarantine them, as opposed to reality. As a professional trade, I have been able to identify real forex issues, as opposed to dreams

Trading for a living!

Every trader's dream is to achieve trading for a living. Although it is very difficult, but it is doable. In order to do that, first of all you need a startup capital. You cannot open an account in forex for $2000 and say I want to make a living from that! Any trading system or style, one wants to

Where is the ECB?

If you can remember in the past (2000-2004) everytime the euro went down against the dollar, the European central bank would intervene buying the EUR to support it and to stop its decline. Such moves used to changed the EUR 50-100 pips. The ECB stopped to intervene since that time. Now the EUR

Where is the ECB (European Central Bank)??!!

If you can remember in the past (2000-2004) everytime the euro went down against the dollar, the European central bank would intervene buying the EUR to support it and to stop its decline. Such moves used to changed the EUR 50-100 pips. The ECB stopped to intervene since that time. Now the EUR

SIBKIS system

Found this on another forum for live trading results: Sibkis forex system - MyFxReport.com Rules 1 - As with the other system have Mondays off. 2 - Start of tuesday put a 110 pips block on the chart for the week (easier to see as on the attached chart. 3 - set up a buy and sell at the breakout

How to beat the forex market

Many traders have been trying for a long time to beat the forex. It is not easy. If someone comes and look at forex and how prices move, he would say it is easy. But it is not. It is very difficult, it is even difficult to make 1 pip! In forex you cannot have a guaranteed 1 pip. If someone does have