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- Traditio commented Mar 12, 2012
The title is a bit misleading, as figures date from last year September... also, a bit further down, the article reads : '' Trading then declined to about $4.7 trillion a day in October and is likely to have fallen considerably in early 2012 ''. In ...
Currency Volumes Surpass Pre-Lehman Peak, BIS Estimates
- Traditio commented Mar 9, 2012
Currency traders get that sinking feeling: A very interesting article about this subject appeared 2 days ago in the Financial Times under that title (content protected via copyright, hence it was not posted here on FF so you need to register at the ...
Banks retreating from FX market-making, managers warn
- Traditio commented Mar 2, 2012
Absolutely agree with this.
Banks retreating from FX market-making, managers warn
- Traditio commented Mar 2, 2012
Good article, and it underlines once again what I have been saying here all along: Algos rule the waves and prop trading in banks (and thus speculative trading which most of us do here), are being scaled back for the reasons outlined in that ...
Banks retreating from FX market-making, managers warn
- Submitted Feb 2, 2012|From businessinsider.com|8 comments
Iran is struggling to control black market currency trading as the riyal plummets against the dollar following U.S. sanctions. The current market rate stands at around 18,800 rials per dollar, which compares to the official rate of around 11,500 ...
- Traditio commented Feb 2, 2012
In essence you are right, but these days there is only 1 theme that affects most pairs in the same way (but different degree): ''risk-on'' or ''risk off'' trades. In other words, there is a high degree of correlation between pairs and even with ...
Some Shocking Honestly Out Of Juncker Sends EURUSD Below 1.31
- Traditio commented Feb 2, 2012
If it's any consolation, big traders and big houses are suffering as well my friend. I keep saying it: only algos and HFT with some muscle are the consistent winners. And the big supranationals with some mega deep pockets causing the spike: China ...
Some Shocking Honestly Out Of Juncker Sends EURUSD Below 1.31
- Traditio commented Jan 31, 2012
Sure you can slam me if I repeat my claim again, but in that case, we will definitely drill a bit deeper into this material and I will then ask you some detailed questions about your trading. Why? You will see why. If one is not leveraged or only ...
Brics catch high-frequency trading habit
- Traditio commented Jan 31, 2012
Wow, original and very funny. Look, no one really cares who we are or what we do. I judge people by what they say, how they say it. Told you now several times, I don't mind you or anyone else disagreeing (unless from a totally uninformed position), ...
Brics catch high-frequency trading habit
- Traditio commented Jan 31, 2012
Why should where you or I sit be relevant. I can see in all your comments you can't possibly be a trader, let alone a succesful one. I'll be generous, at best you are a flow or execution trader, probably in a bucket shop.
Brics catch high-frequency trading habit
- Traditio commented Jan 31, 2012
Ha, VisbleHand, you really seem to have a strange need to stalk and be personal. I wonder why?.... At least we now already agree on the 95% losers (I only mentioned 90% above this time ;-), we are getting somewhere. Look buddy, I don't blame HFT ...
Brics catch high-frequency trading habit
- Traditio commented Jan 31, 2012
Very true. And this is exactly the point that I make since taking part in these dicsussions here: it is, and has always been, a rigged game. But you are free to participate or walk away. The problem is that most retail traders attracted to FX are ...
Brics catch high-frequency trading habit
- Traditio commented Jan 31, 2012
. Well, their ''net'' position is zero indeed (no medium to long term positions). But their activity, with billions, can create huge follow-through activity from other market participants. HFT-funds do trade in billions indeed. Mostly, but not ...
Brics catch high-frequency trading habit
- Traditio commented Jan 31, 2012
Correct. It's called ''spoofing''. That is just 1 little (distorting) tool out of many.
Brics catch high-frequency trading habit
- Traditio commented Jan 31, 2012
@ Guest .144.98. Also housing starts showed a very disappointing -7.3% !! The ''worrying'' bit for fresh longs are remarks by the IMF that ''Japan Forex interventions are ineffective in the very short run'' and should ''only be done during periods ...
Japan Azumi: to act firmly on FX volatility, speculation
- Traditio commented Jan 31, 2012
I agree with noob. He's got the right attitude towards it all: curiosity and the willpower to analyse what is going on. Remember last discussion we had about this Algo trading...( url ). Most people haven't even got a clue what HFT and algo's are ...
Brics catch high-frequency trading habit
- Traditio commented Jan 31, 2012
Shorting USD/JPY here is very bad risk/reward: you may gain 1.5 big figures in a slow grinding process, but you risk losing 4-5 big figures in 2 minutes on intervention. If you so must play short usd/yen, you should sell into the intervention (as ...
Japan Azumi: to act firmly on FX volatility, speculation
- Traditio commented Jan 30, 2012
who cares. they do this every day.
Market talk that ECB is checking prices on Italian bonds
- Traditio commented Jan 30, 2012
Germany is absolutely not to blame. Fact is: Greece cheated to get into the EUR, helped by the likes of GS. It was never going to work, because of the divergent cultures in terms of tax discipline and work ethics in the first place. Cheating the ...
It's Official: German Economy Minister Demands Surrender Of Greek Budget Policy
- Traditio commented Jan 30, 2012
What a stupid comment. Should we admire him now?
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