I've posted this in an another thread forex is not uncentralized as you think most of the liquidity is centralized trough interbank especially for the majors... this is why you don't have many arbitrage points when dealing with different brokers... ...

Market Statistics & Probabilities (requests welcome)

price moves a path of least resistance.... there are two forces that push it.... liquidity size and market orders.... when price moves against size influence... it will eventually hit the resistance point... commonly known as overbought/oversold ...

Market Statistics & Probabilities (requests welcome)

lol.... try again... after couple of years...

Market Statistics & Probabilities (requests welcome)

[/quote] Hey, little off topic, how does globex and eurex compare? I've been watching some people scalp on tick charts on eurex with bid/ask orders very successfully. It was 40% lifted, 60% price run over.

Limit orders and bid/ask spread

yes, It's just building a chart similar to renko - use 1 min close to draw a candle anytime price moves +10,-10 from the previous close. Renko would draw -20 +10.

Market Statistics & Probabilities (requests welcome)

I've seen this. 2004 old. Looking for 2010 update if you have the time.It would be interesting to see if things have changed.

Market Statistics & Probabilities (requests welcome)

If E/U moves 10pips up what is a chance of a 10 pip or more up movement after that? If E/U moves 10pips down what is a chance of a 10 pip or more down movement after that? edit: (on a 30min and 1h chart)

Market Statistics & Probabilities (requests welcome)

Because it's not an intraday move it took a lot more money per pip to move it then an short term push.

Amount of money to move the market

And how would you go about that? Testing about exceptions in strategy - distribution of wins/losses is directly tied to the market behavior. ex. every strategy would fail tragically if the market went random.

Twelve widely believed forex myths

The price doesn't need to go to stops per say... If most of the stops aren't visible.... Price will go against the heavy liquidity in the market.... And eventually hit the stops on the opposite side.... FX market is OTC - it's not so true.... All ...

Confused about stop hunting

It's not true. url

FXSOL and EBS

signal analysis concepts by john ehlers url It gives a good explanation what and where about lag in MA.

The difference between a MA and a non lag MA?

Here is an another myth: * Good MM: Enter two lots. Take profit for one after X pips, move the other SL to breakeven an let it ride. - MM has nothing to do with the above sentence. What you have here are essentially two independent strategies. First ...

Twelve widely believed forex myths

And then, tnx for your review. There should be more reviews of good articles on FF so one can make better use of his time.

Synthetic hedges, cointegration, mean reversion and similar stuff

One of the best to understand what is happening in the market (NOTE: academic paper - not for anyone ) url

The PDF useful sources thread

Did anyone notice the unusual 1,13 mil quote on the best bid or/and offer? I've notice this for some time and you can see it on major instruments that dukascopy provides. It's just always there and must be a part of some HFT program. Any thoughts?

Dukascopy

Nope. They don't advertise where their pricefed is coming from. In that case people would go to source.

Dukascopy or Oanda?

I've noticed the same thing.

Dukascopy or Oanda?

Let me just put the plain truth. Trading trough the iPhone won't get you anywhere... Trading via a bucket-shop won't get you anywhere... (still Oanda is a good start if you are under-capitalized just don't trade the news)

Dukascopy or Oanda?

Yep, thx I've had a felling this was the case with spot trading. I've been trying to figure DOM but it just doesn't look reliable, or at least it looks that some automated analysis is needed to forcast with some degree of certainty.

Market depth - DOM and T&S trading?