From the past 3 weeks, AUD is the strongest currency and JPY is the weakest. AUD/JPY manage to reach another 10 years high on Good Friday. For the past 15 years(700+weeks), it only trade at this level for around 10+ weeks. By Jody theory we need to ...

FX News Trading For The Week Of April 9-And Beyond

EURO have plenty upside potential — I do not agree EURO rally is dead. That just a short term correction. I believe USD is facing a great devaluation crisis.

Fundamentally-The Euro Rally is Dead:

USD is facing devaluation crisis — Market ignore USD good news most of the time nowadays. Even Good NFP numbers cannot prevent USD from sliding. Only after Paulson yelled at market, then they started to take profit, cover a massive amount of ...

$ For The Week of 12/11-With Trade Ideas

Iran trade is still quite small relative to other countries. It wont have any effect on Dollar.

Iran replace dollar with euro

Beware of MB/EFX. There is no chart offered and you are unable to get their historical quote online. That means they have a chance to manipulate the historical quote against you in case a dispute happened. For example, your EUR/USD short trade got ...

MB trading - no dealing desk?

This system suffered at least 60 pips loss on GBP/USD today. While yesterday first trade stop loss hit -30, second trade stop out by trailing stop at 1.8877 +35. total just 5 pips in such a trending day. Certainly not a good start.

BatFink Trading Strategy

I mean if I have zero order and I have an opened position eg, I short 10 lots of GBP/USD without any INITIAL TP or SL or trailing stop. After sometime later I would like to enter TP/SL/trailing stop level for the 10 lots but I cannot create any ...

MB Trading Futures - Introduction

I dont quite understand this market. CPI and TIC data are all lower than concensus, should be dollar -, but GBP/USD drop 50 pips once the poor TIC data announced.

Nov 16's US CPI

The EFX navigator demo is one the worst platform I encountered. It is not user friendly, eg we are unable to create new TP level, SL level or trailing stop directly from the opened position. For other platform, usually we just need to right click ...

MB Trading Futures - Introduction

I have tried to find the Quotetracker charting software but it seems the link has been removed on the new homepage. Can we integrate the quotetracker chart with a demo account?

MB Trading Futures - Introduction

It is impossible to "carry trade" in EFX. I think the overnight rollover premium is ridiculously high for EFX. For example, USD/JPY. Sell premium is -8.66%. Oanda is 5.375% GBP/CHF buy premium is -6.60%. That means we need pay 6.60%? In Oanda, we ...

MB Trading Futures - Introduction

It is CHINA. not Japan. Now China got 1 trillion forex reserve. I cant imagine how it going to dump US dollar.

CHINA is selling the dollar

Who want to invest in US when one can easily make 60% yearly return by investing in China stocks. China Banks are flooded with liquidity and no where out. So this will be USD- I think.

One of the Most Important Articles You Will See

I have checked the price action at another broker (IG markets), indeed that time the price dip very quickly and reach a low of 78.84 around Nov 7 19.59. I suspect due to IBFX widening spreads ( I saw GBP/USD widen to 9 pips in asia hour no news ...

InterbankFX traders on MT4 platform...

How is bond price related to USD? If 10 year note down, that means USD bond is cheaper, more people buy bonds? Then cause USD to trend up?

$ For The Week of 11/6-With Trade Ideas