#5 USD VS JPY — #5 USD VS JPY USD and JPY this is where most of the money flows will take place and both together with USDJPY are one of the greatest ways to make sure you enter a trade that is backed by serious money. This is the most ...

Money flows: Trading the strongest / weakest major currency cross

You always want those as counterparties... the average human is unbelievably narrow minded and with great lack of intelligence especially when it comes to pulling a lot of things together. Don't follow the mass. Front run them... fade them.

One thing you would pass on

Get a med degree... join msf... do something useful. Then get into trading.

One thing you would pass on

video

What kind of music you hear while you trade?

you are welcome. nowadays for neither one. i used to aggregate volumes from 3 major hubs to offset the local bias and then do a kind of buy/sell tick counting to see when buy/sell bias flips over. simple but actually more accurate then one might ...

Auction Market Theory and Market Profile

millions. be aware that their volume is regional biased if comparing volumes between different crosses. on single ones it should not be an issue since the percentage / difference between bid/ask should equal approx. global volume but lags.

Auction Market Theory and Market Profile

Put it on the latest significant e.g. H1 swings / Daily outside bar and put the most emphasis on 0% - 50% - 100%. If you look at the last days e.g. pretty much every swing on the lower tfs bowed down religiously to the levels.

Fibonacci is like a guessing game

If EURUSD did not follow (leader-follower correlation with GBPUSD being the leader) and GBPUSD is already e.g. 50 pips off you are better not following with a EURUSD trade. In general EURUSD / GBPUSD / (USDCHF - take that one out since it always ...

EU & GBP/USD Correlations

#4 Using the minor crosses to find out the strongest / weakest cross — #4 Using the minor crosses to find out the strongest / weakest major cross to trade for index (currency) breakouts This is the major component and should /can be applied to ...

Money flows: Trading the strongest / weakest major currency cross

Hi, a lot. This is just very little Unfortunately a serious health condition in the family was discovered so i had to focus on a few other things the last months. I will be updating soon.

Money flows: Trading the strongest / weakest major currency cross

pipjaeger: if you have a dual nationality passport german/us you have the option of choosing either london or zuerich as your residence. both will not take part initially and are way better in their living standards (especially zuerich) than ...

Tobin Tax Effect on Forex

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Tobin Tax Effect on Forex

It is none of your business what they do in the context of being taxed. You should of course know/care about what they do in house for your own moneys sake. What matters is that they are a legal and elgible counterparty to do spot transactions with ...

Tobin Tax Effect on Forex

Why is it special? Well the link you provided has nothing to do with forex spot trading. The reason its special is simple: it is not a derived instrument as long as you execute an on the spot same day both sides (buy EU = 2 actions - buy eur sell ...

Tobin Tax Effect on Forex

It doesn't matter if your order ends up on the IB market. As long as you deal "spot forex" through some kind of ECN/DMA whatever that also bills you correctly as one trade = 2 currency actions which get executed realtime (no matter if placed on the ...

Tobin Tax Effect on Forex

If you are trading with a virtual shithole marketmaker yes then you are not buying currencies. If you are trading with a proper broker/marketplace you are buying/selling individual currencies. If you buy EURUSD you will be buying Euros and Selling ...

Malaysia central bank states Forex is illegal

I see we misunderstood each other there. Their effective income should be through commission yes. Talking about spread i was saying no matter if you pay to your broker or to the LP you pay it. So we actually agree there i think Regarding ...

Who is the counterparty on Currenex, ECN, DMA broker platforms?

I am not finished with a few sections yet but i will try to come up with some charts. I cannot show mine since one thing i will not tell: what defines a breakout for me + a lot of my stuff is based on number crunching only and doesn't need visual ...

Money flows: Trading the strongest / weakest major currency cross

Agro: Check any ECNs policy and show me one that does _not_ reserve the right to act as a market maker (counterparty). I am not talking about that the good ones do it to screw you no... they have to technically. They cannot match micro mini whatever ...

Who is the counterparty on Currenex, ECN, DMA broker platforms?

PS: DMA is a bit different in that you really end up on the market and not against your broker whatever - at least in theory. Don't be fooled by 90% of DMA advertisments. They are not DMA but standard ECN/STP. DMA is not what you will receive for ...

Who is the counterparty on Currenex, ECN, DMA broker platforms?