Forex rebates on every trade - win or lose!

Well, been a bit busy tonight, but thanks for that insight Hils. Love the idea of a bunch of peeps with rulers and pencils back at Alpari drawing the lines then sticking them into the system!

PS Want to go to Las Vegas with FXCM? You can, virtually. It's a whole load of talks from their 2010 Las Vegas expo. Only a few interesting ones there imho, but still worth a look.

When I looked into it, Floss, I learned that Autochartist isn't the sole work of Alpari, and instead it is actually a product in its own right (see here) which is being licenced to different brokers. That would explain why Alpari are only prepared to give it away free to their live clients.

I did try it quickly yesterday afternoon, but I wasn't set up with a live Alpari account on the machine I was using at the time, so it wouldn't work. I'll maybe try it on a different machine today which has got a live Alpari account set up on it.

Because the lines are being drawn by Autochartist, they're possibly not using the Alpari prices. I noticed some code in the EX4 which converts the format of the symbol string, so I guess it is converting it into a format recognised by Autochartist. I'm a bit disappointed to learn that there isn't a "Ruler Team" at large though.

:o)

It will be interesting to see how effective its trendlines are, as it's something that we've been trying to produce for sometime, but it's very difficult to achieve with a rule-based system because the rules for generating and drawing the trendlines don't work 100% of the time.

Thanks Hil. My live account is with Alpari so I'll attach it to some charts and see what happens.

ttt

ttt

The latest Currency Trader magazine available for download here.

ttt

ttt

You can follow Limpy on Twitter in his official capacity as IG Markets guru at @DavidJones_IG

Looking for an android app that will allow me to get live currency prices and charts. Anyone using one? Don't really want to give my name to another Fx broker for a free demo if I can help it.

edit - I would consider opening another s/b account to get this.

CMC offer it (but I don't use it).

edit - CMC website.

Thanks Skinny. Not sure it does Android, but will investigate. I still have a few quid in a cmc account, so would be convenient to not have to open another one.

May issue of Currency Trader mag available here.

Found that Capital spreads do an Android package, so will take a look at that.

SC - let us know how you get on - guess I'll have to join the 21st century at some point!

Will do Skinny - I only got this smartphone in November, and am a huge fan already - and I've barely scratched the surface.

Don't scratch the surface. I just paid 79 to have the glass replaced on my iphone :)

Helen, perhaps should invest in one of these.

Hmmn, "Lost in translation" springs to mind......

;-)

Keep up, SC

Looking for a job? This could be your perfect opportunity. Or you could run a mile....

Dear Forex-TSD user,

A well-known international firm, specialized in Forex, has approached Forex-TSD to assist in looking for professional FX traders who are interested in discretionary managing of its clients accounts. Traders will be compensated with a relevant performance fee on a monthly basis.

Note that our client is looking only for real professional FX traders and asked us to filter automated computerized systems or aggressive trading strategies that could work just for weeks, then burn any past profit and the full account.

If you are consistently making money, with very reasonable max draw-downs, and would be interested in managing accounts, just send an e-mail with the information detailed below to professionalFXtraders@forex-tsd.com and we will put you in contact with our client after a quick analysis of your trading:

1. Use your own words for describing your trading activity. Include all the information you may consider relevant, not your secrets, just what you take into consideration for trading, such as target, risk management policy, size of trades, size of your own account, symbols you use to trade and a summary of what % of monthly profit you are getting per month, max drawdown, average number of trades per day, max number of open positions, etc. Take into consideration the EQUITY, nor BALANCE, for providing monthly profits and max weekly drawdowns.

2. Detailed trading record through www.myfxbook.com.


Once you are introduced to the CEO of our client, you will continue the deal directly with him.

Thanks again and do not hesitate to contact us if you need any further information.


Sincerely,

The Forex-TSD team