Oz,
I agree with your statement about the CME. Absolutely legit for futures. However I don't think he was asking about futures #1.
#2. Your sentence says CME AND big NFA brokers. Which usually means both. So I'm not sure who's the fool. Maybe be a little clearer or don't get your feelings...
A "big NFA broker". you mean like FXCM?. Yeah, right. They are the biggest scam artists around. Being big means nothing, look for an ECN like Hotspot or MBT. Trading the news is not the free lunch it once was but if you learn from guys like Felix, Sir Pips and Jimmy Young it can be done profitably.
MB Trading & Fx Order Entry
East Fx,
After visiting the Fx Order Entry website it looks like you can enter a max. deviation to be filled, a lot like Oanda's setup. My question is how does it help with SNW with the widening and inverted spreads you often get with MBT right before big news ...
Good post west coast. Unless it's NFP, you stand a chance with ECNs like MBT or Hotspot, but you have to be quick and know aht you are doing and it's best to use stop limit orders as I'm sure most of you know. I wouldn't even try trading the news with most fixed spread brokers these days, they...
I would be interested as well but I'm not sure you can trade most of the spikes with MBT even with the SNW. good luck though, it's just gotten so tough these days to get a decent fill.
If you're looking for someone to tie both the techs. and the fundamentals together, including how to trade the news by using the technicals, i'd say Jimmy Young is your man. Check out his eurusdtrader website. Nice guy too, I believe he and Felix are good friends and it's easy to see why. Both...
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