Good question about oil inventories. Interesting to note that API U.S. Crude Oil Inventories came out today and were drawn down 1802K vs prior build of 1206K. Distillates also down agains last build. And Gas inv. was up tiny compared to prior build ...

USDCAD trend reversal?

Nice job! So what's everyone thinking? I am thinking about selling on a failure of 1.0415 area or buying a break. But lot of data out tomo. a.m. and should be interesting to see how Europe and then N.Y. react to the news overnight about China, JAL, ...

USDCAD trend reversal?

Likely the fact commodities rebounded off their initial sell-off. CRB closed 285 from low of 281. Also, S&P downgraded California debt to A-, and nothing bad came out from Capitol Hill.

USDCAD trend reversal?

I thin stop and reverse have their place depending on your strategy. Generally, I would use an SAR when I am thinking the market could go iether way. To clarify with an example, USD/CAD has a pretty significant support level at the low from Oct 15 ...

Who is best ? stop loss or trailing stop

BTW, I asked this before, but how can Scotia Bank be ranked #6 out of 5? Do you mean out of top 6 banks? RBC, TD, Scotia, BMO, CIBC, National? And what were they ranked on? Being ranked 5 out of 6 isn't something I would brag about......

USDCAD trend reversal?

I appreciate that help you might be able to give some advice. That said, I don't really rely on other people's advice as I prefer to do my own legwork, and I have no one to blame but myself if I enter an unprofitable trade. As for banks' ...

USDCAD trend reversal?

Well the area I was hoping to TP at if rate had hit my limit at 1.0205 proved to be good support as USD/CAD was unable to breach it. Pretty good bounce higher and is finding difficulty pushing through intra-day support at 1.0333, which coincides ...

USDCAD trend reversal?

Nice scalp! I have an oreder on down at 1.0205. SL at 1.0195 and sell a break there. TP on long...still deciding but maybe 1.0250s. On short side TP will be about 1.0170

USDCAD trend reversal?

I don't know if that necessarily means they need liquidity or capital... Simple explanation could be 1) Small traders are not getting raw prices. i.e. they pad the spread a bit 2) they like getting commissions and can charge small accounts more than ...

Dukascopy Live Account - Don't Post if you haven't traded live with them!

Probably a wise decision! As for poutine, if it were actually a really good one, I would def. go piggy piggy all the way! Somehow though, I suspect the leaf's chance of winning the cup to be, at the very least, unlikely till 2018 at the earliest... ...

USDCAD trend reversal?

hahaha! No problem! Although I prefer Venge...for no real reason... Personally, I don't really use much in the way of indicators. I look at them once in a while, just to be in the know as to what other traders are likely thinking. Bollis are decent ...

USDCAD trend reversal?

hahaha!!! Poutine for me please! So USD/CAD trading in a pretty tight (13 pip) range the last few hours. Looks like nobody wants to jump in before NFPs come out... So let's play the guessing game, what does everything think could happen tomorrow ...

USDCAD trend reversal?

Just some food for thought: the banks, Scotia included, have been calling for parity since May '09. At that time most of them felt parity would be reached within a week or two, and when that failed to materialize, it was then that most of them ...

USDCAD trend reversal?

So I was wondering, when you talk about the Big 5's ranking, are you referring to their asset size? If so, I was just wondering how that would matter and if that is the case I am fairly certain Scotia is 3rd with TD in 2nd place and RBC at the top ...

USDCAD trend reversal?

That's true...but to open a 100 mil. position would require 1 mil. capital for just the margin requirement (assuming leverage of 100:1 which might not be possible if you are trading that amount...?). And then the amount you would need to not me ...

Dukascopy Live Account - Don't Post if you haven't traded live with them!

I agree with the cell phone bill, etc. but that was the reason why I had called to ask about using my bank statement. As for the 0.5 pip issue, not a big deal, but then again, every little bit helps and adds up. If you trade 50 mil/month that's an ...

Dukascopy Live Account - Don't Post if you haven't traded live with them!

Not true... — As far as I know, the minimum was 100k, and I think now or soon they are offering 10k lots. And many ECNs would allow you to open large positions and I am pretty sure 10 mil. is not that large...at all...Maybe too large for ...

Dukascopy Live Account - Don't Post if you haven't traded live with them!

I blame the Swiss for being to tight-assed... — I originally had intended to send all the forms per their website, but at my Apt. all the utilities are included in the rent...So the only thing, beside my lease, with my address were my driver's ...

Dukascopy Live Account - Don't Post if you haven't traded live with them!

Unbelievable...! — So I decided, in the end, to not go with Dukascopy. After getting my passport notarized ($50), Fedexing the forms ($60), they had problems with my application. Before I had sent the forms, I had actually called and talked to ...

Dukascopy Live Account - Don't Post if you haven't traded live with them!

I apologizefor the misspellings...I am fucking drunk! hahahahaha

Dukascopy Live Account - Don't Post if you haven't traded live with them!