There is a book called Trading and exchanges: Market microstructure for practirioner. I have not read it and It is not FX market specific but I heard it does a great job explaining the inner workings of the markets. hope that might help.

who participates in forex?

If you need 1B euro to buy a compagny chances are that someone, somewhere in the world wants 1B dollar to buy whatever, The banks/market maker job is to find those people and match them together. A bunch of people with a lot of diverging interest ...

who participates in forex?

Hanover explanation of the non benefice of hedging by taking an inverse position in the same instrument is SPOT ON and o so well explained. The only conceivable advantage I see to that kind of strategy is to give the trader the impression of never ...

Can I recover trades with only 10% equity left? Please help!

thx for the answers srt and 4xpipaholic, much appreciated

S&P500 trading

hello all, sorry to disrupt the conversation but I have a pretty basic question concerning the cost of trading the s&p 500. If someone could enlighten me in respect to the cost of trading a e-mini future contract comm+normal spread round turn that ...

S&P500 trading

To understand how it translates in practice you just have to watch what is happening right now in the US. Unemployment is getting better, speculation of a raise in rates sent the USD through the roof, however inflation is still low so there is still ...

Economic Cycles and Monetary Policy

The answer of your question depends on which central you are referring to because not all central banks have the same goals. I'll try to answer your question by giving you an overview of how central banks with the dual mandate like the Fed or the ...

Economic Cycles and Monetary Policy

long on WTI for a short scalp/short term trade @ 97,490 at 19H27 EST, lets see what Asia brings

ace's trading diary

Short AUD/JPY @ 95,193, long EUR/AUD 1,43804 at 7:31. update: small floating DD on both trade, will reevaluate tomorrow morning. USD/CAD NZD/USD AUD/CAD seem to be at the turn of the tide right now, will keep a close eye on them, Short USD long ...

ace's trading diary

OUTLOOK/PLANNING WEEK OF THE 08/11/2014 I will look to to go long EUR, CHF and JPY as they seem to have started to tick upward last week, CAD might start to turnaround, too soon tell, will keep an eye on. On the weak side the aussie will be my main ...

ace's trading diary

I think it is an interesting idea to evaluate the returns obtained by comparing it to the risk incurred. In respect to your idea I think it might be a good way to go but the results you get will only be relevant if the 2 back test are done on the ...

Alternative Reward to Risk Ratio for Trading System Statistics

short WTI 106,212 update: trade closed at 106,143, trade taking too long to develop, main longer term trend is bullish, will not push my luck against it, was looking for a quick reaction did not happened, closed at a small profit.

ace's trading diary

reserved

ace's trading diary

long oil at 106,149. update: cut trade at a loss re-entered at 105,97... would have been better not medling with trade at all update 2: 3 trades, 2 longs, one short in a span of 45 min for a grand profit of 1$... at least capital is preserved but ...

ace's trading diary

Won't be trading for next 2 days, will be back on thursday for probably the whole US sesh, job interviews on top pf my current job will keep me busy till then. I have a small long swing position in EUR/USD that will keep my acct working till then. ...

ace's trading diary

closed trade with 13 pips minus spread. PA not clear, will evaluate going short, probably wont, not much happening. Happy with the result, got in with almost no floating DD, exit was not clear, had no feel for the PA after the news release so I just ...

ace's trading diary

I trade live from OANDA, If someone could tell me how to directly save a chart from their web platform into a jpeg or any image format that would be nice.

ace's trading diary

went long aussie half a mini lot, 19H57 pm. trying to built a position towards the bussiness confidence report later on, positioning myself long seemed the way to go, if things get shady around 9H15, 9H20 I will scratch the trade image Update: 15 ...

ace's trading diary