Weak long flush — That little move down past 3085 sure smelled like a weak long flush ahead of the London opening. Not saying price isn't going to collapse through 3073, it will eventually, but we'll see the big figure again first.

EURUSD

There is no inaccuracy because you are looking at apples and oranges. They should not match perfectly. There is no central exchange for spot FX. If you were looking a an e-mini chart on MB and T or S, they will match perfectly, because that would be ...

how to address datafeed differences?

In two years I only remember the order server being out for a short 10 min or so period. They should have sent a message over the alerts window ( Desktop ) like they do when they have an extended rollover or some other Tech issue. Can't explain why ...

MB Trading Futures - Introduction

I just got back online East Coast US.

MB Trading Futures - Introduction

Glad you got your positions squared away. Don't know who you talked to the first time, but MB is very good at telephone trading. Having to call you back should never had entered the picture. a Luckily outages are rare... been with them for two ...

MB Trading Futures - Introduction

[quote=wittyname;3923345]This is a tad frustrating, it would be good if they were able to pass on this kind of information. I currently have orders pending in my account yet no way to cancel them.... I am still waiting for a dealer to call me back ...

MB Trading Futures - Introduction

Most likely — just a big bank squaring up their futures at the London fix.

EURUSD

It isn't a surprise at all. They clearly cater to larger accounts trading full lots, and have made their fee structure to self select for that client.

IB spreads are tighter than Mbtrading

Thanks for pointing that out. Absolute truth. Keep in mind that many people leg into and out of positions. ie. Add to an already existing poistion, and/or take profit on a partial position and let the rest ride. So the smallest unit you might think ...

IB spreads are tighter than Mbtrading

The minimums are lower than I remember, but it is a fact that small accounts are cheaper to trade at MB than IB. This is due to the $2.50 minimum per order charged at IB. 10,000 USD/JPY = 29.5 cents at MB Trading 10,000 USD/JPY at IB = $2.50 100,000 ...

IB spreads are tighter than Mbtrading

Larger minimum positions equals lower spreads — IB requires a higher initial deposit, and larger minimum position size. The spreads may on some pairs at some times be little higher on MB, but that is because the liquidity providers are ...

IB spreads are tighter than Mbtrading

Job well done — Pat the IT department on the back and give them a "Good job, that's the way to do it!" from me Justin, for releasing the new Desktop Pro version during the weekend when the markets are closed. New install went perfectly, with ...

MB Trading Futures - Introduction

They are an outstanding fly on the wall on the trading floor real time news service. I have the IFR squawk box running all the time the markets are open. You will find out about what's behind a sudden unexpected spike, large numbers of stops at ...

Experience with IFR Markets - % of good calls?

Be prepared for your actual costs to be more like ten pips a round turn. And that would be for EUR/USD whose vast liquidity provides the narrowest spreads.... The liquidity providers, like all businesses will pass on their costs in higher spreads, ...

ATTN: US Traders Currency Transaction Tax Bill Introduced in House

Write your broker aw well — The industry is best capable of raising opposition to this, so write your broker and make sure they know this is in the works. I have mine.

ATTN: US Traders Currency Transaction Tax Bill Introduced in House

Don't forget the costs that will be passed on by the liquidity providers — But it gets even worse, because the liquidity providers have to pay the tax on their end as well. They will likely pass this on to the trader in the form of wider ...

ATTN: US Traders Currency Transaction Tax Bill Introduced in House

I don't know exactly how the tax would be calculated, but it could be more than 2 pips per round turn, as each leg in a round turn trade involves 4 transactions. Each leg of a turn invloves two transactions, the sale of one currency, where you get ...

ATTN: US Traders Currency Transaction Tax Bill Introduced in House

Thanks for finally dumping the 12 AM high wire act ! — Great improvement ! Keep up the good work. I downloaded the new Navigator and it is working fine. Look forward to MT4 someday.

MB Trading Futures - Introduction