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Forex Trading

Will New MT4 System Solve our Day Trading Problems?

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

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 […]

MT4 “Off Quotes” Galore – Active Forex Day Trading Sessions Squandered

The forex market is moving. The EUR/USD is taking off; GBP/USD is following suit. A great day trading opportunity draws near; slowly creeping in sight of our crosshairs. “Click!” – The trigger is squeezed. “Click, click, click!” No bang! No kill! No execution! – Instead, a freaking “off quotes” message as the prey escapes. Arrrgggghhh! […]

Webinar – Using a Non-Dealing Desk Forex Trading Platform – Feb 7th

On Wednesday February 7th from 8:00 PM to 9:00 PM EST, Day Trading Tutor members will be able to join a free webinar hosted by the firm that provides one of my trading platforms of preference. The forex trading platform is based on a non-dealing desk or ECN model, which is the model that prevailed […]

Currenex Acquired By State Street

State Street has announced that it will be acquiring Currenex for around $ 564 million in cash to strengthen its position in electronic forex trading. Currenex connects more than 60 global banks to an electronic trading network. State Street’s current electronic foreign exchange trading platform, FX Connect, is offered to institutional clients. The statement comments […]