Yes, but not in retail. You could arb the brokers though...

Arbitrage opportunities?

A good idea, but not even close to accurate. You would have to divide $1.5T by A) the number of pairs traded (most volume is in majors so you could just use those), B) the average 24 hour range of the pair, and C) somehow factor that a majority of ...

LARGE Trades?

Your right bro, it's a conspiracy. There are no winners at this game. It's all smoke and mirrors designed to give you the impression that people make money. Nobody makes money at it and those that say they are are flat out liers. I'll share the ...

Patience, Hardwork, Money Management,blah,blah,blah. I'm sick of these cliche's now :

Because all the metal products are tied together. When silver tanked that thursday a few weeks ago it dragged all the rest of the metals down with it. Granted they didn't fall as fast or as hard, but they fell. A good part of the reason gold is up ...

Gold Discussion

Starting monday (5/8/06) the London Metals Exchange will be increasing their margin requirements for all products by 100% or more. It may not have much effect, but the elimination of over half the buying power of a markets participants should be ...

Gold Discussion

Yes.

OANDA Discussion

Energy costs only affect the extremly poor. Non-energy related costs to drive a car in the US are about $0.40/mi. At $1.50 /gallon energy adds another $0.05/mi. So it useto cost $0.45/mi all told.Today it costs $0.50/mi. Even if the worst ...

what's the matter with the USD???

If your operating with <$10k look at oanda. >$10k an ecn is what you want. Both will allow you to effectivly trade the news.

Loosing patience

It's not that they have small spreads, they have negative spreads. "Scalping" is exploiting the ability to buy at the bid and sell at the ask creating the negative spread opportunity. Scalping is not holding trades for a short time. This is just ...

Scalping is the doorway to real trading

You can't honestly expect me to answer that... Why were any of us such dismal failures when we first started trading forex? Monetary policy, like trading, is a difficult business. The concept of what your trying to do is easy to grasp, but the ...

Gold Discussion

You changed your post after I read it... This is where you’re mistaken. The treasury doesn't deposit the bill with the fed. The bill gets sold at auction to the investment public. This is what the big Treasury market is that you hear so much about. ...

Gold Discussion

I never said money wasn't created. It is most certainly created in a fractional reserve system, but not by the government. As you probably already know, the fractional reserve system was applied for thousands of years to the gold exchange system. ...

Gold Discussion

Its the start of the long awaited correction in global trade imbalances. Main things affecting the move: The Fed signaled an end (or at least a pause) to interest rate increases. The G-7 has called for asian countries to correct their exchange rates ...

what's the matter with the USD???

The Federal reserve and the US treasury are explicitly prohibited in their governing documents from creating money. If you don't believe me, feel free to look it up. The treasury can print bills, but it can't spend them. On anything. Period. End ...

Gold Discussion

The short answer is that this article is complete and utter horse****. Milton Freidman was an idiot. It was proven categorically in both the US and UK in the early 1980's that his theories (monetarism) were invalid. The money supply is not in any ...

Gold Discussion

Actually quantum physics is the study of the behavior of sub-atomic particles. Quantum theorists use probabilities only to guesstimate those behaviors. This isn't Quantum Mechanics, its Descartian epistemology. We can debate the philosophical value ...

Quantum Physics and trading forex

I will be watching it on CNBC. I am almost positive Bloomberg will have it as well.

Is there a TV station that will air Bernanke's Testimony live tomorrow?

It shows the pending orders (stops and limits) for internal oanda clients only. A) 99.9999% of oandas clients are micro account speculators B) Small speculators are consistently the highest probability losers in any market B) Trades that occur on ...

Oanda "Open Orders Summary" as a prediction tool?

[15:08 USD/JPY: Large Offers Capping 115.00] San Francisco, April 25. Large offers from either European names or a central bank are tipped around 115.00 on USD/JPY with a high of 114.99 seen. However, USD/JPY has rejected the highs, slumping sharply ...

Central Banks Watch

The simple way to look at it is by asking who is the counterparty to your trades. At a retail firm, the firm will be the counterparty to all your trades. With an ECN you will have a bank, hedgefund, insurance pool, or another speculator will be. At ...

Difference between ECN and retail broker?