ECN brokers such as MBTrading failed because of huge slippage/liquidity problems, espeacially when they rely solely on the limited number of banks feed. Some market makers can guarantee stop order, they can also provide unlimited liquidity at any ...

US Forex brokers profitability report for Q1 2011

USA ban online betting/gambling too. Even offshore online casino refuse to accept US resident.

Offshore Brokers... Solution to CFTC

How can CFTC allow this to happen? ->Your dealer may offer any prices it wishes, and it may offer prices derived from outside sources or not in its discretion. IBFX advertised themself as Non Dealing Desk? ->when you lose money trading, your dealer ...

CFTC new Risk Disclosure

If you want to increase the chance of successful application, you probably should first contact MBTrading about their basic requirement before you wasting your time filling the forms. Different company has different business practice, MBTrading may ...

Broker denied me from opening an account

VSA failed to predict EUR or GBP recent sharp decline. So VSA not working anymore?

Trade Using VSA (Volume Spread Analysis)

On 15min chart, Euro seems to have buyers around 1.3520, but price still drift down, abit slowly, bullish on Euro and swissy now?

Trade Using VSA (Volume Spread Analysis)

But I think someone keep buying Euro, GBP the whole Europe session. not sure if this resistance is strong enough to stop it.

scooby-doo BOJ JPY pairs trading robot

From Singapore, Fxpro.com and myfx.pro both are down. Can anyone please login to myfx.pro and check if you can view the account history etc?

Problem opening fxpro's website

url According to BIS latest survery, the top five forex market: (Base on Daily averages in 2007 April) Country Marketshare 1) UK 34.1% 2) US 16.6% 3) Switzerland 6.1% 4) Japan 6% 5) Singapore 5.8% Next survey will be at 2010, I think Japan ...

scooby-doo BOJ JPY pairs trading robot

I used v2.3 but unable to have a "smiley" even I already enable live trade. It just have a "cross" sign on top of the chart

scooby-doo BOJ JPY pairs trading robot

seems JPY started to weaken.

scooby-doo BOJ JPY pairs trading robot

Some brokers have different digits for different pairs, eg 5 digit on Major, 4 digit on cross. This result in the TP/SL all wrongly set. eg, I saw AUD/JPY was set to 103/73 for TP/SL, where it should be 85/81.

scooby-doo BOJ JPY pairs trading robot

But my H1 JPY strength index has not reached 90 yet. Still at 64.What about yours? I thought it should wait till above 90 then the buy trades will open?

scooby-doo BOJ JPY pairs trading robot

As YEN is weakening, maybe BOJ is sitting on the sideline as this in their favour.

scooby-doo BOJ JPY pairs trading robot

They have moved GBP/JPY at least 80 pips since Tokyo morning. How big is the money involved here? Must be the carry trade again.

scooby-doo BOJ JPY pairs trading robot

BOT = Bank of Thailand?

scooby-doo BOJ JPY pairs trading robot

Is that too late to sell XXXJPY now? When will BOJ step in? JPY seems moving down too fast in this early asia trading hour.

scooby-doo BOJ JPY pairs trading robot

Yes. but just partial. This strategy assume YEN has more chance of strengthening during Tokyo open, weakening during Tokyo close. That means BOJ likely to buy YEN during Tokyo open or BOJ likely to sell YEN during Tokyo close. Is this a market ...

scooby-doo BOJ JPY pairs trading robot

Some Scenario to explain BOJ intervenention: Scenario 1: Overnight New York carry trade too much, so during Tokyo open BOJ buying YEN, indicator become oversold, and we sell XXXJPY basket. But why BOJ want to buy YEN in this case? Isn't BOJ like ...

scooby-doo BOJ JPY pairs trading robot

GBP should bounce at least 100 pips or more from 1.6250 area. Anyone long now?

Cable Update (GBPUSD)