whilst seeing the quotes is fine ... if you're trading on currenex seeing the prices without the volumes is meaningless. If there's only 2m available on the offer at hte top of the book and you want to deal 10m you're not going to get the offer

Lets Trade The News V 0.2 !

In a previous quote you mentioned you were using currenex. IF this is the case .... all you need to do is look at the trades pane in the bottom right of the gui to see all the prices paid/given when a figure is released. You will no doubt see orders ...

Good source for Fundementals/News

Until the onslaught of allthese retail news traders, any retail broker could make money by taking interbank spot rate and adding a pip or two either side for its customers and still make money. The ones with a larger customer base like fxcm can ...

NFP Analysis-There's A Lot Below the Numbers

you need to understand that most of the ppl here are trading on retail platforms where the quotes have an ridiculous delay, so much so that you can put up an institutional platform next to your retila platform and trade on the retail platform ...

Good source for Fundementals/News

It's been a while since I posted on this site wrt trading figures but it seems most of the traders here really have no idea what actually happens. Newstrader seems to understand but as with many things trading related his advice and warnigns seem to ...

NFP Analysis-There's A Lot Below the Numbers

I think you'll find it was the core retails that caused the move, not the headline

NZD retail sales

if you're referring to short intraday spikes then I'm afraid I'd have to disagree. The market makers at the big liquidity providers more often than not tend to either ignore bb headlines or wait fort confirmation on reuters. Bottom line, you're ...

More news to Trade

I think you have added an extra zero onto these. In no transaction interbank or otherwise would 1 std lot be equiv of $10m where the term ccy is usd

Predicting direction of economic releases

barcalys survey show most traders do not think there will be a signifiactn change in currencies. US will not say anything that will jeopordise their meeting with china in the following days. The impact is unlikley to be like that of the prev meeting ...

Heads up: IMF + World Bank meeting in Signapore

pls try and think longer term. Have a read of this: http://www.elitetrader.com/vb/showthread.php?s=&threadid=75861 I'm not trying to convince anyone to stop trading news, all I'm saying is that the way you guys are trading news, and with retail ...

What to do with this bloomie Terminal???

Of course it's worth the money if you're more profitable with than without. But to say that it's expensive because they have personnel at all news releases is untrue. They're expensive because they are the most complete, news, analytics and ...

What to do with this bloomie Terminal???

call your bloomberg rep and get them to bring a trainer around. It's such a waste for ppl to get bb just for news. News is just a fraction of what bb can offer and since you're probably only trading fx, it really isn't worth it unless you're ...

What to do with this bloomie Terminal???

I think you'll find that it was the import price index that caused the dollar rally. With headline retails a fair bit higher than expected and core retails only 0.1 below traders looked to the import price index and in part jobless as that always ...

UK and US Retail Sales later

ok .. I can see some of my comments have raised some tensions around here. That was and will never be my intention. Merlin made a comments on better liquidity on globex. This is no the case and so I replied as such. How this isn't constructive is ...

UK Trade Balance 9/11 4:30EST

you can form your own whether I'm against it or not. I never said I traded news nor have I said I don't. I just find it pathetic (not you might I add, I dont know you) when ppl ask to be spoon fed things adn then complain about brokers when they ...

UK Trade Balance 9/11 4:30EST

this is far from the truth if you're talking about liquidity around news, even on eurofx

UK Trade Balance 9/11 4:30EST

Please by all means try .... you will not only be unsuccessful but you will most likely lose money. It pains me to see all these new news traders who thik they've foud some sort of valid trading methodology with which to make money in the markets. ...

UK Trade Balance 9/11 4:30EST

Admittedly, gft are acting immorally but it seems noone here seems to understand why there is slippage at all. I'ts not because there is a lack of liquidity in the market because there is no market. You are all trading against your broker (unless ...

Canada Employment Report

[QUOTE=ngdaniel]Can't wait until forex becomes a regulated market./QUOTE] When fxmarketspace goes live give it a couple of months. What we'll hopefully see if what you have on cme fx futures but higher liquidity. But to think that you can do what ...

Predicting direction of economic releases

have only skim-read most of this thread so apologies if this has already been mentioned. If you want to get a job in a bank as a trader on one of their prop desks then there are only really two ways to go about it. 1. Get a good degree from a top ...

College Major for an FX Trader?