robinfly

Re: An Essay on How Forex Brokers Truly Work

What is ECN?........

Electronic Communications Network — ECN Forex brokers additionally allow client orders interact with other clients' orders. ECN Forex broker provides a marketplace where all its participants (banks, market makers and individual traders) trade against each other by sending competing bids and offers into the system. Participants interact inside the system and get the best offers for their trades available at that time. All trading orders are matched between counter parties in real time. ECN brokers charge commission for trading and have always have variable spreads.

http://www.goforex.net/forex-broker-list.htm

Re: How much of TRADING is really about the indicators?...

Indicators help to built a confidence in yourself and in your trading strategies. Does not exist the "holy gray" indicator (al least I've never found out), good in every situation, but it exists some good tools that help you to survive.

Re: How much time did u spend waiting for signal everyday

I do not usually scalp, then I normally use timeframe 15 min with 1h signal confermation sometime to enter in the arena. I can wait from few minutes till some hours. Patience is one of the most important component to survive in the trading.