Forex | Trading Signals | Daily Forex Signal (01/07/2009 01:13:43)

Daily Forex Signal

Hello all, We have a buy ZLC on the USD/CAD 4 hour time frame. Regarding the FIFO ruling and it's application by various brokers: 1. There is no consensus on the rule and how it is going to be applied. Some brokers are stating that MT4 will not be used (until MT5 is released) b/c it won't be compliant, and others are saying that they have it compliant so don't worry. 2. There is no consensus on whether it is just meant for hedges or for all positions (such as would be used in a grid strategy).


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