Archive for category: Brokers


Brokers advantage

16 September, 2006 (16:00) | Books, Brokers | By: Colin McGinley

Chapter 13 in Alexander Elder’s ‘Entries & Exits’ exemplifies the advantage that the large players in the forex market can have over the small retail trader. This chapter details some trades performed by Peter Tatarnikov who works for the largest forex broker in Russia. The broker’s name is not explicitly stated in [...]

Bye bye CMS

2 August, 2006 (20:29) | Brokers, Journal | By: Colin McGinley

My first entry for August has taken place (at a birthday price), in anticipation of the ECB interest rate decision tomorrow.

I had also faxed in a request to close my CMS account, as I was no longer trading live on VT, and so it makes more sense to have that money in [...]

FX Solutions account update

7 June, 2006 (20:35) | Brokers, Journal | By: Colin McGinley

My FXSol account was successfully updated yesterday to switch to having DayForex as my Introducing Broker.  This is the only continued cost to receive Dirk’s Daily Briefing e-mails.
I entered a Q3 position as price approached the median price.

Price has continued to meander downwards since; pretty listlessly.  We’ll most likely only get some action when the [...]