Our live tests on the Strategy Runner forex trading platform have been prolonged. The problem is that Strategy Runner employs a very cumbersome way to enter the market. When we started our tests, we didn’t think this would matter, but it does – especially when trading right after economic reports and news releases. Forex scalping […]
Day Trading Broker Update
Posted by on March 19, 2007 at 2:05 pm
I have been receiving some emails asking about the status of our old forex day trading broker, FXLQ. This leads me to believe that some clients have not read my blog posts earlier this month about the termination of our relationship with FXLQ. You won’t see any activity in your FXLQ brokerage account because we […]
Forex Day Trading Tests with Strategy Runner Successful
Posted by on March 14, 2007 at 4:18 pm
Our Forex day trading system might have a new home soon. Today is the second day that we have been testing the Strategy Runner day trading system with Currenex. The executions have been pretty fast so far, even though the Forex market hasn’t provided us with the quick trading opportunities we like. Tommorrow’s PPI (Producer […]
Day Trading at a New Brokerage Firm
Posted by on March 12, 2007 at 11:22 am
The Strategy Runner account is already funded. Strategy Runner is supposed to enable our Currenex login on their server today. This was supposed to happen late last week, but it didn’t (for reasons beyond our control – I hate those). We might be able to day trade tomorrow. The MT4-Currenex solution I discussed in my […]
Managed Day Trading Program – Future Options
Posted by on March 6, 2007 at 4:57 pm
Yesterday’s post (“Forex Robot hits the Road – Trades Credited” explains why we are considering various alternatives for our managed day trading online program. If you haven’t read the previous post yet, please do so at this time. Please keep in mind that the options I’ll be telling you about today are not mutually exclusive; […]
Forex Robot hits the Road – Trades Credited
Posted by on March 5, 2007 at 12:16 pm
This day trading business is definitely an exciting one! Maybe we should release an action/adventure motion picture in the near future! Hollywood, here we come! It’s a hat-trick. We have experienced three back-to-back days of unacceptable delayed executions on MT4, resulting in losses. The good news is that FXLQ credited all three of these losses […]
Will New MT4 System Solve our Day Trading Problems?
Posted by on February 28, 2007 at 5:05 pm
Whether or not FXLQ’s new multi-bank MetaTrader (MT4) system will solve our current day trading problems remains to be seen. This morning, FXLQ was supposed to go live with their new day trading system (at least that’s what we were told). If all goes well, we should be trading currencies tomorrow with the new setup. […]
New Manual and Algorithmic Day Traders
Posted by on February 26, 2007 at 10:31 pm
We have begun testing a group of new day traders to be able to accept more assets. Even though our current robot program is excellent and so is Nigel (the trader), forces beyond our control (which you should be familiar with by now) have prevented us from accepting new assets to keep pace with the […]
Lackluster Day Trading Week so Far for DTT
Posted by on February 22, 2007 at 4:40 pm
Day trading results so far this week are slightly negative. “Off quotes” are still coming up quite a bit on the MT4 platform, but at least the rejections are pretty fast. We are still waiting for FXLQ’s launch of their new MetaTrader day trading system. We were supposed to receive a demo with their new, […]
Day Trading is Better – But Trouble when Forex Market is Silent
Posted by on February 16, 2007 at 3:46 pm
FXLQ made some changes at their end that eliminated some of the trade delay problems. Even though there were still many “off quotes,” both trade executions and rejections were relatively fast. Whatever FXLQ did seems to have gotten rid of the long delays we were experiencing when orders were being submitted. Four forex scalping trades […]
