Thanks for the confirm.

USD/JPY Discussion

Well there are two worlds here. The first is Accucharts, using the Sunday 17:00 price to calculate the Sunday daily change (based upon the server issue I previously described). Then there is the world using the Friday 17:00 price as the close value ...

USD/JPY Discussion

True, but I would caution reading too much into what appears to be a server misconfiguration on Accucharts' end. Since Accucharts starts at 15:00 on Sundays, it has 2 extra hours outside of the Sun 17:00 - Fri 17:00 week. Just like certain MT4 ...

USD/JPY Discussion

Exactly, we both agree on the possibility of this happening. I'm still at a loss as to how you're making up for the lack of that price activity during that half hour (as Accucharts/FX Sol are both offline for the week at 16:30 Fri). I understand ...

USD/JPY Discussion

I follow you. I'm just not sure how that would incorporate the possibility of the daily high or low registering between 16:30 and 16:59 on Friday (a slim chance yes, but possible nonetheless).

USD/JPY Discussion

Dove, You're aware that FX Solutions/FX Accucharts has an early Friday close at 16:30 right? I don't use their data for specifically this reason. Usually there isn't much movement in that final half hour that could throw the pivot calcs off ...

USD/JPY Discussion

Reasonable support at the monthly S1 on GBP/CHF the past few sessions, but a potential H&S formation as well. image

GBP/CHF and USD/CHF

Interesting how your chart shows the recent upper channel touches to the pip. I can't replicate that in either of my two charting programs. I'm showing the movement today temporarily breaking higher from that channel, as it also did on 6/5. In any ...

james16 Chart Thread

How are the underlying spreads at these firms? I'm sure they're probably not ECN-level, but are they comparable to Oanda?

How is forex trading taxed in your country?

You really need to hire an accountant.. The $8750 on the EZ lumps together the two deductions on the 1040 and 1040A - the $5350 standard deduction and the $3400 personal exemption. There's no deduction difference, or benefit, of filing the EZ vs the ...

How is forex trading taxed in your country?

MBT is the only ECN that offers 100:1 (aside from a couple of Currenex PBs..). That being the only major difference between the two ECNs (I use both and the spreads are virtually the same), you'll have to ask yourself whether or not it's worth ...

Interactive Brokers or ????

This is completely untrue. Forex falls under IRC 1256, giving it the highly advantageous 60/40 blended rate (along with other benefits). This is irregardless of your account size.

How is forex trading taxed in your country?

One has to wonder how these smaller countries (Slovenia, Hungary, etc) with high FX tax rates are even able to verify what their residents report, especially if said residents are using foreign brokers. I'm not advocating tax underreporting, just ...

How is forex trading taxed in your country?

Actually he was willing, and many FF members took him up on the offer, myself included. Now can we all just get back to discussing USD/JPY? No need for posts on teaching traders, money management, needless arguments, pretty much every post from ...

USD/JPY Discussion

No taxation! You're a bit off my friend. PR, Guam, and the US Virgin Islands all have what's called the "mirror system". The same US Federal tax rate rules apply, just all of the taxes stay in the territory. You may be thinking of local ...

How is forex trading taxed in your country?

Great to hear!! Let me know when it comes out, I'll be #1 in line at your first book signing.

USD/JPY Discussion

But the 104.61 came well before 8pm EST, are you breaking your old rule of no trades from 5pm - 8pm? Good to see you back Dove, it's certainly been awhile. I'd ask if your trading is going well, but I think I already know the answer. ...

USD/JPY Discussion

So wait, you're shocked that small FX firms didn't heed the warning you personally gave them on a forexfactory forum post? Wow, how could they ignore that?

Proposed NFA Capital Requirement

Anyone trading AUD/NZD here in new breakout territory? Kiwi getting absolutely slaughtered this evening.. You have to give Bollard credit though for just being blunt and saying outright "we're going to cut interest rates". At least he doesn't beat ...

Aussie Pairs

Please do more research before you spew off such nonsense.

It's official, brokers trade against you