I don't get it either. It seems like AUD is the ONLY currency that is going up while all the other currencies are either unchanged or actually went down. I suspect they must have used AUD along with USD to short the YEN in the intervention. EUR/USD ...

AUDUSD for informed traders

Anybody know what's the cause of this spike in AUD/JPY which is really caused by AUD/USD? It spiked up like 100 pips just in the last 20 min. I didn't see any news nor any Calendar items regarding Australia.

AUDUSD for informed traders

YES

Is MBT really an ECN ?

10 pips is not a lot. It's just ONE candle. Many of the Moving Average Crossover systems should be able to achieve that.

Help me get 100% Win Ratio & 10 pips a day

Have you tried the new HotspotFX? The new HotspotFX caters exclusively to institutions and high-volume traders with min. account size of $1 million. Or you can also try maybe some of the banks like CitiFX, Deutch Bank, Morgan Bank and etc. Their ...

broker for high volume traders

And on top of that, usually you would even need to pay a subscription fee to subscribe to the specific exchange(s) to get realtime data. Personally for me, I am not sure how Currency Futures data helps me in my trading as the data is from a totally ...

Futures Data cheep or free

This is what I have been saying all along but this would only happen when the Forex market matures up that the traders would be able to come up with higher start-up capital and be able to trading with larger lot sizes profitably in order ...

Class Action Lawsuit Against FXCM

Is FXCM really the best that you have found according to your criterias? I would say do some shopping before you decide.

Class Action Lawsuit Against FXCM

This is the law firm that is currently suing FXCM and FXDD. Looks like they are just shooting in the dark hoping they would hit a target and strike it rich. They are not even doing market research to learn more about the market structure of Forex to ...

Class Action Lawsuit Against FXCM

Ok if you can't come up with the required min. account balance to open up an account with IB, that's fine. There are plenty of brokers out there that require lot less to open accounts with and they are happy to have you as a client. Give them a try ...

IB interactivebrokers.com - how is your experience?

OK. First of all, the difference between ECN brokers and MM brokers is NOT just a matter of "flipping a switch". An MM broker cannot instantly transform itself into an ECN broker if it wants to and does not become one just by plastering "ECN" on ...

Class Action Lawsuit Against FXCM

Yes, they did reduce their min. deposit and trade size but you still get preference in execution and orderflow if you have at least min. $1,000,000 trade size simply because there is more liquidity at larger trade size for purely business reasons. I ...

Class Action Lawsuit Against FXCM

Well, we are not talking about fake ECN brokers who are really MM's but put in the "catch-phrase" ECN on their websites. We are talking about REAL ECN brokers who are just there to bring traders and counterparties together and earn commissions for ...

Class Action Lawsuit Against FXCM

Well that's the thing. You don't go with a "Pretend ECN". You go with a real ECN broker. And they are not that hard to find, whether you can afford to trade with them, that's the question. There are ECN brokers like Dukascopy that requires each ...

Class Action Lawsuit Against FXCM

I would say Asia. You can capture three markets. Asian market in the morning if you don't feel like sleeping in European market in the afternoon AND NA market in the evening. If you want fast Internet connection, Korea is a good place to go. I heard ...

Best place in the world to trade from?

Well today is a special case and I wouldn't take it as the norm. With the surprising statement by Trichet about the possible rate increase for EUR, all EUR related currencies went off the chart. And since we know everybody pretty much follows EUR ...

Price is everything

IB charts is very very "bare-bone" and is a pain in the ass to configure. People who trade with IB usually use other chart packages like Ninja Trader, I find. But otherwise, it's not bad as a broker.

IB interactivebrokers.com - how is your experience?

Whatever. Being a trader, I am aware of what some of the "gimmicks and tricks" that unscruplous brokers do to take advantage of inexperienced traders whether FXCM is guilty of them is yet to be decided in court but I am also aware of naive traders ...

Class Action Lawsuit Against FXCM

Or maybe people realize that these class action lawsuits are baseless and ill-intended?

Class Action Lawsuit Against FXCM

Yeah the FXCM deal is a plausible reason especially if HotSpot has always been eyeing to step into the "real" interbank market and finally with what FXCM offered them, they are finally climbing into the "Big League" and rubbing shoulders with the ...

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...