Metatrader volume is simply tick volume. I think a lot of that change is due to a change to 5 digit quotes, which have a higher tick rate than 4 digit quotes.

Highest Currency Volume in 10 Years. Who is it?

I can't believe all the nonsense I'm reading in this thread. The NFA restrictions and MT5 aren't part of a conspiracy. The NFA have imposed FIFO. This is incompatible with MT4, hence you end up with stupid restrictions like not being able to ...

NEW MT5 Seriously Stuffed For Traders Platform

What a lot of nonsense there is in this thread. There isn't anything you can do in MT4 that you won't be able to do in MT5 (assuming Metaquotes have implemented it correctly). FIFO accounting cannot cost you money. Market buy with TP/SL is replaced ...

NEW MT5 Seriously Stuffed For Traders Platform

what documents?

What do you think about FX Pro?

US brokers could offer "virtual hedging". You could have the convenience of an MT4 client working as it does now, but with FIFO accounting performed on the real account. Margin and swap could be calculated based on the real account. Regulators ...

Proposal to phase out Hedging

billflet, The forex market, with no central exchange, consists of a web on interconnected market makers. Retail market makers are just as much part of the market as any other. There is no separate market for us. And yes your 1 lot order if not ...

Corporate payroll conversion - why is it always overlooked?

OK let's do some quick estimates. Exxon has about 100,000 employees. Let's say half need payroll converted from USD to EUR Let's assume Exxon for some reason has no Euros Let's say average wage is 30,000 EUR per year That's 50,000 x 30,000 = ...

Corporate payroll conversion - why is it always overlooked?

It's not. Check this table. url AUD and JPY are both have high volatility and high negative correlation putting AUDJPY at the top. EUR and CHF have moderate volatility and high positive correlation putting EURCHF at the bottom.

What causes large volatilty in the carry trades?

Ditto. Well said Dopey. It's extremely fucking annoying. I've got a family to feed. I need to know now whether I (can) make a living on my small account.

Weekend of the Instant Guru

Your results based on Close-Open were: Two bar samples: DD. DU. UD. UU. 506 517 517 497 Three bar samples: DDD DDU DUD DUU UDD UDU UUD UUU 254 252 244 273 254 263 264 233 These show a remarkably even distribution, which is not surprising given that ...

Thoughts on randomness and systems

I love these threads too. I'm interested in hearing that GS doesn't use a Buy-Low-Sell-High strategy. Please tell us more about how GS operates in the FX market.

Thoughts on randomness and systems

Yes, but by that argument a change in price would count as a change in the market, which of course it is, but I don't think that is what the OP is asking about when talking about a "market change". Volatility has never been constant. Of course, ...

Exactly how do "Markets Change"

That's not a change in the market. That's just a change in volatility. Changing volatility is normal market behaviour.

Exactly how do "Markets Change"

Intraday refers to any timeframe less than daily(1 bar per day). It simply means that it shows what happened inside the day. Interday, if it existed, would show what happened between days, but since an FX day is 24hrs there is no interday period. ...

What is the difference between an "interday" chart and "intraday" chart?

Your getting into a specific strategy there. Also time frames are to make charts useable for humans. The EA has no need of time frames. An unattended EA needs to following IMO: 1. To continually monitor the status and quality of the connection to ...

Do you believe in EA trading?

If you're hedged you've already paid the spread. It's not too much to ask to be able cancel out your two imaginary positions at the same price is it? Fair treatment for the innocent hedgers is what we need. Prohibition is not the answer. That will ...

Proposal to phase out Hedging

So if a broker only offered it to satisfy customer demands, I would expect them to offer the same deal as they would get with FIFO accounting i.e. Swap interest only charged on net position Margin only required on net position Ability to cancel out ...

Proposal to phase out Hedging

Daytrading will be banned next. Since most short term traders lose, it will be deemed to not be in the clients' interest to allow it.

Proposal to phase out Hedging

You should ask for a version that doesn't use hedging. It would make even more money.

Proposal to phase out Hedging

"Hedging" isn't a trading technique, it's an accounting practice. You can take your "hedging" strategies and execute the same trades using FIFO accounting and you will get the same results or better. I'm not in favour of extra regulation, but you ...

Proposal to phase out Hedging