On your standard ECN etc the counterparty is still almost always your broker. The first step that happens is that your broker tries to match any trades in house with a counterparty that is also a customer of him. That way the broker earns double ...

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

Timing for that AUD was about 15:45 alpari demo. If anybody got another suggestion for time reference i can use that too. Personally my platform is GMT.

Money flows: Trading the strongest / weakest major currency cross

I don't care so much about the flows at the top/bottoms (M5 - M10 for me but with techs up to daily on those charts). I always take breakouts of flows like when you posted your last message everything was retracing back to "zero" and with some ...

Money flows: Trading the strongest / weakest major currency cross

yes tyoon. as standard reference i will use alpari demo times: around 3:30 most flows stop. we get some unimportant cross flows without any breakout character. cadx + gbpx do a small one but the minors tell us no big deal. Real fun starts around ...

Money flows: Trading the strongest / weakest major currency cross

url search for Windows download & convert to CSV how-to

Good Historical (Tick) Data Source

Not much time on my hands right now but last hours nice example of flows: Put yourself a USDX JPYX CHFX GBPX and see how money flows out of there and then watch how it flows into EURX AUDX NZDX To tell which pair currency the money is shifting into ...

Money flows: Trading the strongest / weakest major currency cross

Nice Tyoon. Welcome on bord. The idea is the same. I will go a lot more into detail though. Will try to add another section in a few hours. Hopefully we can teach each other a few tricks here and there Although i have been doing this for many ...

Money flows: Trading the strongest / weakest major currency cross

Keep cool guys Everyone with at least some brains left knows very well that neither techs nor fundies are the only answer. If you trade the daily+ you should of course know your stuff about fundies. On the other side you also want to know the ...

Fundamental vs Technical

Don't waste your time trying to find any system especially for NZDUSD. Research what NZDUSD is correlated too. For NZDUSD its never bad to check NZDJPY, AUDUSD, AUDJPY, AUDCAD or if you want to go so far the whole NZD + USD range. Basically decent ...

Advice on NZD/USD trading system?

Exactly. Arguing that small timeframes are just noise just tells one thing: the person stating it has not understood what the charts show him. M1, M5, D1 it doesn't matter at all. All the charts show the same information. If i zoom out of M1 5x i ...

Price action is dumb, and you're lazy for thinking otherwise

Thank you We could now go into - Do OCHL values lag exactly the same like MAs? Is order book data the only realtime source? What is real priceaction? But i think we agree on the -for this thread- more important part.

Price action is dumb, and you're lazy for thinking otherwise

#3 Major / minor crosses — #3 Major / minor crosses There are major and minor crosses. Major crosses are pretty much the ones with the most influence / volume. Since USD accounts for about 85% of all trade volume and is the most influential / ...

Money flows: Trading the strongest / weakest major currency cross

Read the link i posted and stop making up numbers. You get the precise answer to your question what kind of power retailers have in the market. And of course they do have some power. 1000 small sheep make a big one too. You can watch it when price ...

90% Traders or 10% Institutions? Who has more power?

Yeah I'm not saying any indicator is wrong. Were just a few examples. It doesn't matter which one you use. They all follow pretty much two cases: averages or ohcl values and just display it in a different way. MAs are actually the most powerful ...

Price action is dumb, and you're lazy for thinking otherwise

BINGO. Lesson learned that even most of the self proclaimed gurus on ff don't even comprehend a bit. There is also the problem: money flows are not as easy as people wish they would be and force you to pretty much take care of a few dozen charts ...

Price action is dumb, and you're lazy for thinking otherwise

url Check 2. Turnover by counterparty Then tell me where you got the 90% traders from.

90% Traders or 10% Institutions? Who has more power?

Currency indices — #2 Currency indices As we talked about in #1 each forex cross trade consists of 2 sides which give us 6+1 states a trade can be in. e.g. EURUSD is the strength/weakness of the EURO currency messured against the US DOLLAR. ...

Money flows: Trading the strongest / weakest major currency cross

Overall theory — #1 Overall theory The overall theory is quite simple. Lets say you are an EURUSD trader. EURUSD is your daily bread and butter but you rarely watch to the left or right. You have some kind of strategy to define e.g. a breakout ...

Money flows: Trading the strongest / weakest major currency cross

Don't just look at the usdx since it will get moved / jacked up by individual pairs. Check usdx along with EU/GU/CHFUSD + AU/NZDUSD/CADUSD and you see how much that usdx breakout is worth. A decent one will always move at least 2 out of each ...

USDX