114.38 & 114.20 targets hit during London session 1/10/06 JohnFX

JohnFX's Price Magnets

114.65 target hit. It sucked it in like a vacume cleaner..lol. But It didn't go all the way to 114.20 first. Now there is a target at 114.38 and still 114.20. JohnFX

JohnFX's Price Magnets

Hey Simon, thanks for the suggestion. I'll look into it. JohnFX

JohnFX's Price Magnets

1/9/06 9:15 PM (EST) Ok this what I have for the USDJPY. It is currently around 114.40 It should head back down to 114.20 and from there bounce back up to my target of 114.60-65. My targets of 116.55, 116.71, 117.53, which I posted last week are ...

JohnFX's Price Magnets

Yes sometimes my targets take longer to get hit..longer than I would like them to since I am primarily a very short term trader. But, they do get hit a high percent of the time. Thanks; JohnFX

JohnFX's Price Magnets

Adsta, yeah I know the spread is a problem. Thanks for doing the math and posting. One would have to use trading skills in order to try and get the same price on the long (IBFX) and the short (FXCM) to make it profitable. JohnFX

Interest

Interest Arb. — Since this thread is about rollover interest, I have some paramaters for a possible interest hedge or arb. scenario. See if anyone has any thoughts about it. Here it is: InterbankFX pays triple interest on Wednesdays for any ...

Interest

Yes I tend to agree, that most of the manipulation is in the short term and very short term trading. Wether or not they move prices a large amount of pips, such as 50 or 100 is dependant on wether or not it is worth-the-while for the operator. In ...

Is this true?

Trevor, thanks for posting that link. Probably will shock a lot of traders, especially new ones. But, I tend to agree with a lot of what is stated in that study regarding the deception and dishonesty in retail FX. JohnFX

Is this true?

I stand by what I said because of experience. I used FXCM. If you are a very short term trader as myself and FXCM is on the other side of your trade, their first priority is how much they can gain on their end in the trade, pure and simple. They may ...

Is this true?

Thanks for posting that. I haven't really talked to them regarding funds security. I've been with them a bit over 3 months now. JohnFX

Interbank FX

I guess I should have read some of the previous posts inthis thread. I just noticed that the flexible lot sizes has already been mentioned. JohnFX

Interbank FX

Well they had wide spreads (10 pips) for about 30 min., especially eurusd, during NFP relaease and the crazyness that followed. Other than that, no problems. Not sure if everone knows, but InterbankFX has flexible lot size. Example: you can enter ...

Interbank FX

Looks like my prediction is beginning to materalize. Looks like USDCHF to 1.2740 and EURUSD to 1.2100 We'll see if it happens. JohnFX

JohnFX's Price Magnets

Forget about trying to scalp with FXCM. They'll will put you on "manual" execute. Yes I agree, they are crooks. That's why it's best to have a true broker without a trading desk. JohnFX

Is this true?

The USDCHF has a lot of un-finished business in the 1.2720-30 area. IMO it should head to that area today. Although I'm not trading USDCHF, I watch it for EURUSD direction. So, EURUSD should retrace down to maybe low 2100's. Ihave no near-term ...

JohnFX's Price Magnets

The 116.00 & 115.93 targets were reached. See what NFP brings during the NY session Friday Morn. JohnFX

JohnFX's Price Magnets

1/3/06 8:45 PM (EST) Our 116.24 target has been hit. Magnets have been created below at: 116.00 & 115.93 There are still upside (longer term) Magnets at: 116.55, 116.71, 117.53 I'm really starting to feel good about this system, especially for ...

JohnFX's Price Magnets

Hi Don; I've been averaging 8 - 10 pips a day, but I agree it has been tough. The MM's are raising havoc during the NY session with these crazy wild swings in EURUSD. I have been spending quite a bit of time trying to perfect my "Magnet" system. It ...

JohnFX's Price Magnets

115.93 target hit at 10:53 (NY) 1/5/05 Upside target now at: 116.24 JohnFX

JohnFX's Price Magnets