Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I did in the past but I do not trade Forex anymore, it works fine assuming you know NT well and its limitations. Just make sure you chose a good Forex broker and you will be alright.
Ninja actually is providing the brokerage for forex on ninja trader platform.I have doubts though, about how capable it is.I just got it up and running, and will work with it this week.Im trying to get some opinions from other traders that have used it in the past, and are using it today
Thanks for the reply
Ah I see, then if NT are the broker as well it should be alright I guess, as you are dealing direct with NT and not a third part broker. But if you have doubts why not to trade currency futures and/or the micro currency futures? Do you want to trade the crosses as well?
yes, im just getting started with the crosses.Ive been on futures for years, so forex is different.Its loaded up, but now , because the trading hours are different for forex, my pivots are wrong.Vwap is also off.I need a session template for forex basically
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518
Been using NT Brokerage for FX back when they used FXMC and now as they use FOREX.COM. I think it's better now that they use FOREX.COM.
They are not a broker in and of themselves.
One thing I don't like about FOREX.COM data (which I just learned last night and today) is the feed does not offer Net Change info. For example the percent change of a pair from yesterday. I view all the pairs and futures I watch in a Market Analyzer and have it auto sort based on percent change. All of 2017 I used IQFEED FX data even though I had free data from NT broker. Here in 2018 I end my IQFEED FX data to save $20/mo but now I see this issue. Will have do a little coding to make my own Net Change.
Ron
...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Thanks Ron,I think th feeds will vary because of the way liquidity is provided.Im a newbie to forex.Are using NT7 or NT8? I asked another question, on the forum.Im looking for a session template.My pivot and swap levels are off.I tried using 24/7 and 24/5.Im using NT7.Another trader mentioned setting session from 5am to 4:59 am.Basically 24 hours.Im not sure how vwap works with forex yet, but i know the start time will change it
thanks, Bob
@bobarianVWAP will not work with FOREX remember there is no volume with FOREX however you can use TWAP - Time Weighted Average Price, the calculation is different than VWAP but it works in a similar way it takes the length of the bars or candles into account and not volume, I did use TWAP it in the past.
I saw on your journal that you are using @Fat Tails studies you should definitely talk to him, he have done some coding for me back in the days when I was trading FOREX, he will be able to help you out.