- Search Metals Mine
- foobar replied Mar 18, 2018
Hi alpha, is there any advice you have for us to improve trading consistency? since you have the consolidated order book for a bank, you pretty much know the direction for each currency for the whole day unless there is some major market news coming ...
Ex Insti Trader... AMA
- foobar replied Mar 18, 2018
Hi Alpha, 1. Where do you get fundamental news from ? Can you recommend some good sources? 2. If fundamentals are more important, why is forex trading now replaced by hft market makers? Are the algos good at analyzing news now or do they just use ...
Ex Insti Trader... AMA
- foobar replied Mar 9, 2018
How do we know that FTI really existed and was a real trader?
Technical Analysis Fallacy
- foobar replied Mar 6, 2018
Sorry I wasn't clear. When I see opportunities of 7 pips it isn't with 100% probability but say a lot more likely to make 7 pips than lose 7 pips. However with transactions costs (spread + execution) of 1 pip, what is profitable for me might become ...
Is anyone here an institutional trader?
- foobar replied Mar 4, 2018
Hi Skenobi and other experienced traders, I can see opportunities in USDJPY and EURUSD of 7 pips sometimes. However my cost of execution for round trip is around 1pip. This makes me reluctant to trade these opportunities as the risk reward isn't ...
Is anyone here an institutional trader?
- foobar replied Feb 12, 2015
Hi all, as FX trading is such a specialized skill. What happens to a dealer who has not made enough to retire but is laid off by his bank? Is there another career that he can switch into if he can't go back to being a dealer such as now where the ...
Is anyone here an institutional trader?
- foobar replied Jan 18, 2015
Hi Chief, what did you see in CHF that made it sexy? Can you enlighten me a bit? Was 1.5125 GBP a stop hunt ? Regards Wayne
Technical Analysis Fallacy
- foobar replied Jan 15, 2015
Hi Chief, no my 1st name not John. I'm just a Chinese also from Singapore. Who is John Wayne? Thank you for your answers!
Technical Analysis Fallacy
- foobar replied Jan 15, 2015
Hi chief, I have a couple questions about fast shades that you mentioned previously. Is it also known as price shading? we need a real interbank quotes from say Reuters, EBS or real ECN to compare against a broker in order to see price shading ...
Technical Analysis Fallacy
- foobar replied Jan 15, 2015
Chief, after witnessing CHF moving 40% against other currency pairs, I know why you keep emphasizing must babysit positions. It's the first time in my limited experience of seeing such a brilliant move. Markets will always be there so no rush, so do ...
Technical Analysis Fallacy
- foobar replied Jan 15, 2015
Hi Chief, it sounds like you are looking only to buy EURUSD and GBPUSD, (short USD). Please correct me if I'm wrong but is there a reason for having such a bias? Who are the peeps setting the traps? It does feel like EURUSD is somewhat oversold but ...
Technical Analysis Fallacy
- foobar replied Jan 13, 2015
Hi Chief, how can I train myself to see hedgers creeping in like SWAT? Are there any visual cues that I can look for? Also for EURGBP, can I understand that when GBP and EUR correlation drop means somebody probably buying selling cross instead of ...
Technical Analysis Fallacy
- foobar replied Jan 10, 2015
Hi Chief, I also kena dengue before going back to reservist. I think to be really safe, must stay in air conditioned room all the time and not open the room up much except to air it once in a while. Btw, did you manage to catch the change in trend ...
Technical Analysis Fallacy
- foobar replied Jan 7, 2015
Hi institutional traders, any thoughts on how the changes below will affect FX markets going forward? Is it really that easy to automate a skilled dealer's work away? If the work was really so low value, they wouldn't be getting paid the millions in ...
Is anyone here an institutional trader?
- foobar replied Jan 5, 2015
Hi all, do you know what happened this morning? It looked like a massive flash crash and doesn't seem like ordinary business.
Technical Analysis Fallacy
- foobar replied Dec 28, 2014
Hi skenobi and all other institutional traders, I was hoping to ask you how likely it is for an individual to work as a full time forex trader on his own (capital > 500K). I had some prior experience being in forex trading firm but it wasn't long. ...
Is anyone here an institutional trader?
- foobar replied Dec 28, 2014
Hi Chief, Wondering if you are still actively trading the markets? Really do miss your past commentary about market states and such. Regards, foo
Technical Analysis Fallacy
- foobar replied Nov 18, 2014
They using the euro cable bring it kill all who tried sell the euro. After ec hits 80. Hi, I remember FTI saying that usually it is the majors being traded instead of crosses so movement of crosses is due to majors. Does anyone know why EC has ...
Technical Analysis Fallacy
- foobar replied Nov 16, 2014
Sir have a question for you if you don't mind. We observe quotes changing every second. Is this the work of machine or man? I'm under the impression that more and more machines are taking over. It will be quite a feat if a human can quote so ...
Technical Analysis Fallacy