Pit traders or locals were typically the guys fading the moves for quick scalps. They are on the limit, their job was effectively to provide liquidity and if they were good they got to capture the spread. Also stop hunting etc and orderflow type ...

Pit Traders - How Do We Classify Their Trading Style?

I'm only a couple of posts in, very impressive posts so far in my opinion. I do not really agree with this bit though: "without trend traders range traders have no price movement to take advantage of" If the market is not moving and has no reason to ...

Market Manipulation Dynamics

You must have responded before my edit in the previous post "Edit: or just check what happens during the local lunch time or bank holidays etc. or check August. You theory falls to pieces in reality" Also it is possible to get volume information ...

Is August the most difficult trading month?

I can't be bothered teaching the basics of markets to you so i will just give you the best advice i can. Check any market that shows volume and compare price volatility between high and low volume times. You don't have to take my word for it, the ...

Is August the most difficult trading month?

2 of the dumbest posts i have seen. Low volume in August means the Market tends to move less Trading is a 0 sum game minus transactions costs So transaction costs are in effect higher in August because the cost of business is the same but the ...

Is August the most difficult trading month?

Good reasoning. Like the sun and the rain. They come all year so there is no such thing as seasons.

Is August the most difficult trading month?

Getting it on is not the issue, even if you can't execute it all at once (which you would probably not want to do). In the case of a buy you could work it in by buying it up and selling it down a little less to get an average price below the market. ...

What happens when the lots size gets uber-big?

50/50 USD/yuan

Which foreign currency account in case Euro breaks up?

They usually have a meeting every month to decide whether they will be changed or not, it is on the forexfactory calender. (they can be changed at anytime, although it doesn't happen often) I'm not sure what you mean by 'open interest rate', if you ...

Domino's Price and order flow trading

Shiva Not sure if i'm telling you something you already know or not but, the IRD is the difference between the interest rates from the central banks of the 2 currencies of any pair here are the interest rates: url AUD/USD for example AUD interest ...

Domino's Price and order flow trading

There is not enough conviction to the downside yet imo, you would want another decent drop pretty soon. I would have expected a larger faster move to the downside after it broke 400 There has been no buyers come back in yet though so you could be ...

AUD/USD

40 pip reaction to downside on worse than expected data when rumour was for strong data looks bullish to me. Waiting to see some signs of buyers coming back in before going long edit: i want it back up above 400 if it keeps drifting towards 365 will ...

AUD/USD

How embarrassing for poor Kim. Someone's in trouble...

AUD/USD

wow i hadn't seen this yet North Korea lanches rocket - from forexlive "No effect on the Yen at the moment, still trading quietly near 80.90. This might normally be seen as a negative for the AUD as well but so far the market is ignoring it." ...

AUD/USD

Playing out so far, big day yesterday Don't expect much movement before chinese data. Rumour is a good number. If chinese data is not better than expected and initial spike down doesn't hold below 365, I will consider this bullish and will be ...

AUD/USD

Looks like there's been alot of buying going on under 300, longer term charts could turn bullish from here. Everyone had built in rate cut, could be some decent shortcovering after results of jobs data. If there is no decent retracement in EUR/US ...

AUD/USD

Exactly, not to mention their reserves will be full of euros that they can't sell off on the crosses without working against themself. Maybe they can lend some to the PIGS

EUR/CHF

I agree it has it's advantages of moving the market, but the disadvantages outweigh them. Sometimes they move the market to enable them to open or close a position with as little movement as possible .Sometimes they are unable to move the market to ...

Are you a consistently profitable trader?

Your argument has been made many times before and is flawed because of the fact that a $10,000 account does not have the same issues of liquidity as a $1,000,000,000 account

Are you a consistently profitable trader?