Forex trading- Buy on Bid / Sell on Ask

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vagus
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Forex trading- Buy on Bid / Sell on Ask

Postby vagus » Thu May 28, 2009 6:01 am

I haven't yet begun trading forex yet, still papertrading the buyzone and DTB methods. I do have one question, with equities I am able to buy on the bid (sometimes plus 1 or 2 cents depending on the stock) and sell on the ask (sometimes minus 1 or 2 cents) using limit orders.

Is this realistic with Forex, does anyone buy on the bid +1,2,3....etc pips and vice versa and what is the amount above the bid and ask that you would place your orders. I have an account with MB Trading so I will not have to deal with the fixed spread bandits, I mean brokers. My orders will go directly through their ECN.

Thanks for your time,

Chris

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Postby TheRumpledOne » Sat May 30, 2009 3:46 am

Yes. I use MB Trading Limit orders.
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