No that unfortunately is not correct, that is not how a market maker works, Plenty of info on the net about it though, do some searching. Best to avoid bucket shops ... when you sell they are the buyer, when you buy they are the seller, they run ...

Oanda to Clients: Stay Out of Currency Markets

Bucket shops need consolidation to make their money. They don't like trends and they like big trends even less. This 'warning' is self interest, nothing else. Solution, don't use a market maker, use an ECN broker or trade futures. Your trading ...

Oanda to Clients: Stay Out of Currency Markets

TraderUSA devaluing the USD is good for the US economy, helps USA compete with the rest of the world. The reason why it was devalued so much over the past few years is due to the injection of printed money into the system by the reserve, it was a ...

Technical View Shows US Dollar Index Starting a Big Rally

Spain's next in line is it ? Got to keep the VIX up.

Spanish 10-year yield hits 6% for the first time since August 5, 2011

Consumers shop in China every day and they love it (eg Wallmart) I'm for better quality locally made goods, but prices will be higher, ... which in turn will hit the economy (atleast in the short term), as the consumer IS the economy. It'll never ...

Chinese ratings agency threatens US with new debt downgrade

The point is there are no 'easy steps' to trade Forex. The only thing easy in trading Forex is loosing money.

3 Easy Steps to Trade Forex

Agree Petar, it's far easier to write an article called the '3 Easy Steps to Trade Forex' than it is to go out and trade FX. That's why there is so many articles about how to trade forex.

3 Easy Steps to Trade Forex

A one line headline based on a rumour from an unkown source. That is why you discount it. There was nothing in the one line twitter message about the source of the information nor about the fact that she heard it from someone close to the PM. ...

There Are Rumors Flying That Berlusconi Is Going To Resign

It's always bad times when media tries to polish shi*t ... even worse when the Gov. does it.

World Dodges Recession With China-U.S. Buoy

Another head without a body. Headline without any content are considered news somehow nowadays ... craziness.

There Are Rumors Flying That Berlusconi Is Going To Resign

Another 'twit' fronting the market with his tweet tweet ?

Italian government on brink of collapse

I wonder if the source of the original news about it getting canceled went short .... hmmm

EU leaders' summits will take place tomorrow according to the UK

tunede4u21 .... perhaps on a short term, but holding positions is just a gamble one 'news' at moment, in my opinion especially as we are mid range from the high / lows

Why Investors Can't Trust Anything Coming From Europe

Probably just bringing down, so they can take it up.

EUR/USD heading lower into 1.3750/60 support

Everyone must be a fast reader, because the market spiked 100 points in a few minutes ... or perhaps a case of Buy the rumor sell the fact .. waiting for the fact now.

Guidelines document: EFSF will be able to buy bonds on secondary market

Irrational markets, which is why I won't like to keep positions open for long.

Euro rallies broadly on EFSF guidelines document