I just did some analysis on Yen, looks like we are set to go up.. I have put my 24/5 ea on buy only, I feel this sort of manual intervention is required .

scooby-doo BOJ JPY pairs trading robot

BOJ is only ever speculating on Yen.. Either buying or selling it. Injecting cash depreciates the yen. They do not get involved in other currencies, they only affect the yen. Its about liquidity pumping or depleting. Thats their game. Same as all ...

scooby-doo BOJ JPY pairs trading robot

That is intervention.

scooby-doo BOJ JPY pairs trading robot

Just an observation of mine thats all I only ever really see drawdown of O_O proportion from gbp/jpy and aud/jpy, and when there was no gbp/jpy trade it basketed quite quickly. I have a pretty distant basket TP its approx 20 pips per pair on 4 ...

scooby-doo BOJ JPY pairs trading robot

Letting winners run defeats the purpose of basketing. You might as well pick tops and bottoms and hope for the best. The idea of this is to jump onto a liquidity move and make take it off the table, and wait for the next move. As the indicator is ...

scooby-doo BOJ JPY pairs trading robot

Looks more like your settings to me... You're losses are small but frequent. I find that taking a moderate profit and a moderate loss makes good profit in the end.. 1:1 is what im using.

scooby-doo BOJ JPY pairs trading robot

FXCM has always stop hunted etc. Seems to me that its a tech problem though. My above accusation is from an episode i had with them 3 yrs ago and I refuse to go back or even raise discussion about the issue again. Platform freezing is part of the ...

FXCM wont let you close your position!

The one thing missing unfortunately and the one thing we will probably never be able to program into this, is the BOJ's pre injection volume. Its a 3 step volume, as per most central bank injections. The only thing is its easier to pin point as ...

scooby-doo BOJ JPY pairs trading robot

Firstly liquidity is never that low on any of the majors to require a 26 pip spread except in the first 2 hours of trading on a sunday/monday. Secondly, what else is new?

FXCM.. 26Pip spread on a 3pip pair...What is wrong?

Holy crap, a room full of aussies ... I am from Sydney also . I have been looking heavily into this method. I knew to begin with that all banks have a large purcahse order in both directions every morning to cover cash and OTC ...

scooby-doo BOJ JPY pairs trading robot

You will find that every single platform including banks and hedge fund platforms are all the same. Have dealer options to protect the dealer before the client. Calling mt4 a scam would be the same as calling spot-fx a scam. Because even the banks ...

Is Meta Trader 4 a rigged platform ?

Is there a point to this thread? You edited out the information valuable to anyone posting in the BROKER section of this forum.

MaXeY's Returns

I have traded on currenex, and I have seen QUOTES of under spread, which is a system lag. You get FILLED on a slip. You will not even get 0 spread on interbank so stop being so delirious. No one exchanges money for free, especially institutions with ...

Collective FX has LOST its Mojo. (New Feed is WORSE)

Can I brainwash you into paying my bills? The broker you 'believe' in has done just that... I can tell you that on interbank.. INTERBANK, the min contract size is 1 m... Liquidity providers will give you 100k, as a discount to increase their own ...

ECN Broker with Spreads on E/J under 2Pips, Leverage 1:200, Minimum Deposit $1000

I wish I owned fxopen. I wouldn't have to grind out trades to make money if I were. I actually trade bigger at interactive brokers than fxopen... But junglelion, the douchebag scam artist who has been on demo for 20 yrs and never has the nuts to ...

ECN Broker with Spreads on E/J under 2Pips, Leverage 1:200, Minimum Deposit $1000

if they charge you no spread they are even more of a criminal. The market doesnt work off 1 price.

Collective FX has LOST its Mojo. (New Feed is WORSE)

Unfortunately shrike, in the fx world. Guilty until proven innocent. Especially with brokers. A brokers job is to be a snake. Its a sales job, and as we all know with car salesman for instance, they want to margin almost 100%. For instance... There ...

ECN Broker with Spreads on E/J under 2Pips, Leverage 1:200, Minimum Deposit $1000

Prove me wrong. Unless you are dealing OTC with a bank, and want the 2-3c/dollar spread. You cannot put less than 100k through the market.. For dealings in Australia you are dealing with the cash market for anything under 50k AUD, and get the ...

ECN Broker with Spreads on E/J under 2Pips, Leverage 1:200, Minimum Deposit $1000

From what I can understand, you must be using a bridge to access dukascopy. Which means yoru execution would be delayed/lagged. OTher than that, I scalp with limit orders and spot orders and I have never had a problem with dukascopy except a pip or ...

Scalping with ECN brokers

Re-read what i said. REAL ecn.. REAL.... Theres a whole bunch of shitboxes around the net claiming to be ECN..... but 100k is the minimum trade size on the market.... Unless they are pooling liquidity which makes them NOT an ecn, they are unable to ...

ECN Broker with Spreads on E/J under 2Pips, Leverage 1:200, Minimum Deposit $1000