Tom's Thread Readers -- I posted the following late Friday as we came into the close in another venue most do not have access to, my broker, MB Trading's client only forum. I am assessing a Gann tool that has been out for decades now called ...

Euro/Dollar

No LP would want to if they can enjoy the tilted playing field they do now. However all we are hoping for is exactly the execution that happens every minute of every hour of every day that currency futures trade. It is not impossible, and I dare say ...

MB Trading Futures - Introduction

Sadly, in Obama's America American's have lost the freedom to have accounts anywhere other than Obama's America. This has effectively limited competition among FX broker's to such an extent that I fear many of the gains made in legitimizing this ...

MB Trading Futures - Introduction

I could care less about semantics..... this is what we are discussing.

MB Trading Futures - Introduction

I doubt you will find any solution open to a retail trader that does not operate this way for spot FX on close examination. I am not aware of any. The futures contact trades the way you wish, but has a much wider spread. I suspect the wider spread ...

MB Trading Futures - Introduction

EXACTLY.

MB Trading Futures - Introduction

I agree with this statement. Justin's explanation is consistent with my understanding of how MB Trading spot FX works from prior Justin comments going back years. This is the norm for spot FX industry wide..... hopefully it will become an area of ...

MB Trading Futures - Introduction

I guess we are going to have to put in that 1342 - 3 print after all..... watch that figure....

Euro/Dollar

Its hard to say.. I can make a nice 5 waves out of 2724 or I could argue its a wave 3.... I shouldn't have posted it because this stuff can evolved quickly.... wanted to get it out early enough people could act on it... I need to just keep my mouth ...

Euro/Dollar

1.2724 low starting to look more like a wave III low and not wave V.... lower potential.... which would move the box so cancel that trade idea....

Euro/Dollar

Gaza conflict can only add to bearish risk off mood... May be the start of the Isreal Iran war, as Hamas is Iran proxy force.... Throw Obama's Egypt into the mix and its just more to stir the "sell everything" panic...... that's just getting ...

Euro/Dollar

Very nicely formed and proportioned 5 wave structure down from 2800 now with 1.2724 low.... Fade a bounce back to wave 4 area around 50% fib and 61.8% fib is a trade idea....

Euro/Dollar

Japan has been doing the Bernanke useless dance for what... 20 years now to no avail, and to no benefit... Its impossible to draw a direct correlation since Japan is not the world's reserve currency, and they are an export country.... not the same ...

Euro/Dollar

Bob Prechter is the man who saved R.N. Elliott's work from being lost to obscurity and forgotten in the mists of time in the 1980's. He published the bible for Elliotician's.... url He is widely touted as having called the pending crash of 1987 ...

Euro/Dollar

Short answer: Its just a bad tick. Long answer: The platform goes out and pulls historical data in to the platform for charting. From time to time on all platforms, all brokers and all data feeds, a bad tick occurs... a false price point that when ...

MB Trading Futures - Introduction

Your first target is totally doable soon... The longer target... I tend to agree. Markets go down a lot quicker tan they go up, and I think all gains since the collapse have been central bank induced sugar highs, that mean nothing, were doomed to ...

Euro/Dollar

I hope you are patient if you are holding out for that scale of a decline. I think it is in the cards, but it may come in a long drawn out multi-year bear market. It doesn't have to come in a swoosh, although it may. We have most likely seen the ...

Euro/Dollar

I've got a small sized short in play against the FOMC bullshit spike high. Its sized small because its early in the pattern, and I want to be nimble with a tight stop, and add to thetrade as it matures. Looking for 2650 as the first stop..... lower ...

Euro/Dollar

1342 of immediate interest in S&P 500... 1330 of note later

Euro/Dollar

For what its worth, my Gann analysis warns of short term trend (up) change to (down) at the 15 minutes bar that just closed. I am still experimenting with Gann so take with agrain of salt.... or two.

Euro/Dollar