Just profit taking from those who are up 80 pips after they got in at the 8760 silly-not-to-buy-here level.. too bad we're not part of that group.

Aussie Pairs

LOL. Which newswire do you use?

Aussie Pairs

Hike? Are you sure it wasn't "cut"? Emergency hike would be unprecedented..

Aussie Pairs

8825.. I have a funny feeling we will rally from here for the next 12 hours, Aussie 8925 by noon. Nikkei came back 200 points. The euro is unscathed, the pound is coming back, AJ bullish engulfing on the hourly, USD/CHF is unstoppable, USD/CAD ...

Aussie Pairs

I held off, now 8805.. I hope you're right about 8600.. : How'd midterms go?

Aussie Pairs

Anyone else here a buyer at a potential 8750 re-visit? I backed up the truck last Monday when we touched that level (though I had to chase it for a hundred pips.. it took off like a rocket). 8750 is a dual fib zone, 10/22 low, 11/12 low. It should ...

Aussie Pairs

Great work clam! I would definitely be interested in such a tool. Please keep us informed.

Success!: using Metatrader to chart lots of things!

Exactly, and I turned $1k into $1M this past week and then single handedly won the Superbowl. "How I Turned 1k To 100k In A Wk!!!" Good lord.. how did my spam box end up on FF...

How I Turned 1k To 100k In A Wk!!!

MT4 > ECN bridges like the one described above exist and are described in this thread. The caveat is that the system (MT4) still relies upon data from the dealing desk. The ECN would be used for execution only. Since ECN data is far more faster and ...

Any ECN that supports MT4 ?

You hit the nail on the head. Gain Capital recently switched to a similar model. They began offering sub-pip pricing and charging commissions ($25/MM), however, they are not an ECN (nor have they have claimed to be). Instead, they're a hybrid ...

THE ECN room.

As Agro mentioned, you'll want to use 5PM EST as the opening candle for your pivot calculations. That is the official start/end of the daily FX session. If you're using MT4, be aware that the majority of brokers due not adhere to this standard with ...

Which 4 hours matters?

It probably varies from ECN to ECN, but I completely agree, 0.9pip spread for a "no-commission" trade simply cannot be beat.

OANDA Discussion

Interbank is often 0.5pip these days on EUR/USD. Oanda doesn't have to hedge all client orders in-house. They can offset in the interbank and profit the differential. Even if they did take the opposite of all client orders, they'd profit ...

OANDA Discussion

Why not go with an ECN, 0-1 pip spreads, and forget "rebates" altogether?

Looking for a good IB

That's close enough. TradeStation shows the PP @ 9609, R1 @ 9788. FXDD is showing PP @ 9607, R1 @ 8784.

USDCAD trend reversal?

That's probably the only way unfortunately. There are many great portfolio backtesting platforms, but none that I'm familiar with that will inter-operate with MT4. The ET forums have hundreds of threads on these various platforms, so I'd search ...

Backtesting multicurrency strategies?

congrats!

USDCAD trend reversal?

Well AJ blew through the 61.8 fib/200-day sma/Oct 22 low like there's no tomorrow. Wonder which hedge funds are de-levering this evening.. Goldman's Global Alpha for a second time around?

Aussie Pairs

Similar thing happened on 10/22. A big weekend gap down marked the low, was a huge buying opportunity, yes the one I didn't take (the ultimate low wasn't hit until 6am est the following Monday, I have better alerts in place now). A gap down is a gap ...

Aussie Pairs

Bloomberg shows 9115 as the close on Friday, and Oanda confirms the selloff gap, 75 pips! Going to be an interesting Asian session.. AJ at 99.70 or so.

Aussie Pairs