FXCM liquidity providers, revealed: image

FXCM Discussion

In this 1987 documentary a Barclays cable dealer says that on days with no news, they just "play the market on people positions" (hunt the stops): video

Order Flow - Achieving the mindset

Indeed, in the last two years the GAIN data quality dramatically improved. Now they regularly release last week ticks on Sunday, and from two weeks ago they even added milisecond level timestamps. The data is certainly not manipulated. The quotes ...

Where can I find tick-by-tick data for various currency pairs?

The holy grail does exist. Banks routinely achieve perfect trading quarters - each and every day is profitable. JPM, BoA, GS, DB, ... For example: url Note that I am talking about proprietary trading (ie: they assume market risk), not about making ...

The search for the holy grail

I understand. Your original post was not very clear. Indeed, predicting the margin hike after volatility spiked is not the same thing as predicting the volatility spike. So we are both right But if we are to get technical, I am aware of ...

Rear-View Mirror Chart Thread

CME margin hikes were a surprise only to those who don't understand how the CME works. CME guarantees for both sides of a trade. But this does not happen on a real time basis as with a FX broker, instead it happens only once a day, when the ...

Rear-View Mirror Chart Thread

Well, I didn't solve anything, just learned about the existence of these time-arrival models I like to be aware of the latest research in the quant world, I got a lot of excellent ideas from them. I didn't understand exactly your tick ...

Thinking Outside the Box!?!

I'm working on something which I believe is sort of out of the box - using Oanda Box options in another way than they are meant to. And I'm not talking about arbitraging them. I never heard about something similar on FF, I only encountered something ...

Thinking Outside the Box!?!

This is why I work with log-prices - instead of taking 1.4123 as the price of EUR/USD, I compute log(1.4123)=0.3452 and continue with that. It's the same basic idea as in using logarithmic scales for charts: url But they still work with real ...

Thinking Outside the Box!?!

How do you take into account the candle width? These two pictures show the exact same EUR/USD thing, but one has very narrow candles. Notice that in the first image the angle is < 45, in the second is > 45. image image Also, how do you take into ...

Thinking Outside the Box!?!

Not even George Soros could. He had no idea that CDS existed before the crisis hit. CDS were one of the prime factors behind the collapse, yet very few were aware of their existence or importance. You could say he is an obsolete old man, but he ...

Order Flow - Achieving the mindset

DS talked specifically about interest rates and bonds, not Central Bank rates. Read the quote again. Yield is another name for interest (not strictly correct). I apologize for introducing HY bonds into the discussion, I see why this can be ...

Order Flow - Achieving the mindset

That's not correct. High yields are directly correlated with risk, ie: your bond is riskier, so you have to pay more to convince people to buy it - look at Greece, it's borrowing 2y at 20% now, because everybody assumes it will restructure. More ...

Order Flow - Achieving the mindset

The $500 vanished from your pocket and appeared by magic in someone's else

Order Flow - Achieving the mindset

Yes you can. Mainstream media: url Drudge last week: http://twitter.com/DRUDGE/status/63589134844956674 Front page on Drudge this Thursday: url Front page on Reddit this Thursday (look at number 5): url Stuff like this makes it too easy. BTW, ...

Order Flow - Achieving the mindset

If the euro goes to 1.94, it will not be because of his Fibonacci extension. I'm no Fibonacci expert, but I'm sure you can use the exact same chart to make a Fibonacci case for 0.94 or lower.

Euro Has $1.94 in Its Sights. Futility of predictions

I have an Android and is pretty sweet. On the iPhone you can't have widgets, like the Forex Factory calendar from below (it will update at the start of the next week) or the two Bitcoin quote widgets. image image image image image

Best smartphone for FOREX trading?

Actually the other bank refused to sell outside the band because it said that if the peg is broken, all hell will break loose and there's no telling how high/low it will go, and they do not want to be bag holders. Smart bank.

Why EURDKK so funny?

Indeed. True story about the italian lira breaking out of the central bank "bounds": image On the previous page, which is not online available, they tried buying the same options from another bank, but that bank refused to sell options outside the ...

Why EURDKK so funny?

Whatever, you have such a way of twisting words. I said most market-making, not FX market making, especially when only 1/3 of FX is spot. But explain to me how can Deutsche Bank fill your order on autobahnFX in miliseconds if a human dealer must ...

Order Flow - Achieving the mindset