STP Vs. ECN

By marcp | View this Toon at ToonDoo | Create your own Toon I get this question all the time: What is the difference between straight through processing (STP) and an ECN broker? Big difference. Straight Through Processing from what I understand is just a name given to dealing desk brokers that have automated the dealing process. Traditionally in the … Read More

Create Your Forex Watch List And More With Raghee Horner

On Wednesday 10/3 at 4:30PM ET Raghee Horner, Chief Currency Analyst at IBFX and 15 year veteran will be sharing how she finds currency pairs worth watching for the trading day. This is what she refers to as her Forex Watch List. In addition, Ms. Horner is going to show us what tools she uses to confirm trends. This is … Read More

Conviction Makes a Good Trader Great

A few days ago the head trader of our equities desk, GMan, had an exceptional day. Jokingly I sent him a message that read, “Now I know what ‘G’ stands for in Gman: Grande”. I’m writing about him here for two reasons. First, a significant part of his returns came from a position in the EUR/USD pair which he took … Read More

Market Profile Can Help You Become a Better Trader

The new trader is usually in a rush. They want to be handed a system that will make them profitable practically overnight. A professional and consistent trader is one who is usually informed in a way that goes against the conventional. Getting to that level of knowledge requires building enough experience with conventional information so that you can make it … Read More

Factoring News Into Your Forex Strategy

News can cause major movements in the currency markets. Many newer traders like to believe that it is possible to trade news events profitably. That idea gets really old fast and/or your account goes to zero faster. Either way as the newer trader gains experience they realize news trading isn’t the most productive strategy. The question is how can we … Read More

Part Time Forex For Equities Trader Webinar

In this presentation, I explain the subtle differences between forex and equities trading. I also introduce the S&P / FX intermarket relationship and how I use this as a filter in his own trading. You can also see my recent blog example here. I conclude the presentation with an example of one type of trading strategy that is employed by … Read More