It will break 1060 this month, I'm holding for 1255 as has been the plan 1700/0520 mofu

EURUSD

Monthly chart

EURUSD

GBP going to 1.35, EU going 1.15+ EURGBP could be the best trade of the year Looking for that dip to buy, .7950 initial target on EG

EURUSD

Today best trade +85 pip AUDJPY

Day's best trade

Yesterday best trade +117 pip AUDJPY

Day's best trade

This seems like a newb question but why does my limit order get positive price slippage? I thought by design limit orders only fill at the exact price of the limit? As a market maker, how could my price be any different than what I am offering to ...

Is anyone here an institutional trader?

I've never had a requote or slippage of any kind with Oanda on 10 lots. 100 probably wouldn't either. Perhaps this is because Oanda is taking the other side, then hedging it with the real market (other speculators). So perhaps Oanda itself gets a ...

Is anyone here an institutional trader?

impressive if you can win 6 of 10 with that RR i am nowhere near that good

Risk/Reward and % win... Which do you prefer?

You aren't implying you have enough capital to push the market around, are you? You mean you are joining in with others who are intending to run stops, and as a whole, you can accomplish this? Say you are running sell stops, are you short 10 pips ...

Is anyone here an institutional trader?

Interesting. The BIS will probably put out total volume data this year in April. 5.3 trillion April 2010 to April 2013 My money is on 6.5-7 trillion a day for April 2013 to April 2016

Is Forex trading worth it? If so, why?

They dont "matter" as in the market would be illiquid without them. But they are 5% of the market. So it kinda does matter. Im not trying to back-peddle. I stand by what I said. In effect, our orders are interacting with theirs, even though we don't ...

Is Forex trading worth it? If so, why?

I do appreciate the extra information. Perhaps you misunderstood what I was inferring. What I meant is that in effect our orders matter to the "true" market. The retail broker takes the opposite side of our trade, then immediately flips that trade ...

Is Forex trading worth it? If so, why?

This was in 2013 I just said 200 billion ++ as a lowball figure

Is Forex trading worth it? If so, why?

ill read through your links interbank by by definition does mean between the banks, yes but who do you think brokers buy from? the banks. and who are they buying for? retail traders. therefore, what conclusion can you draw from that? interbank ...

Is Forex trading worth it? If so, why?

You must be dense if you think banks don't want any of our liquidity. Especially since most retail are very inaccurate with their trades and provide liquidity in the places that the banks actually want it. I'm not saying it's a lot, but it's still ...

Is Forex trading worth it? If so, why?

So you actually think brokers speculate against their client despite it being illegal? . Whatever man

Is Forex trading worth it? If so, why?

No counterparty ONLY if the bank oversees the account. So if I was with Citibank retail FX, Citibank is the only bank that can't fill the other side of my trade. image

Is Forex trading worth it? If so, why?

image

Is Forex trading worth it? If so, why?

"Now, that said, the broker may take the aggregate positions of all of us guppies and put that on the actual market." Bingo. Brokers aren't in the business of speculating against their clients. They want risk free returns, IE, spread ...

Is Forex trading worth it? If so, why?