Unfortunately, there is a majority of retail long on this, I have no idea what these traders are thinking. Although it looks like it went from 75% to 70% net long recently, that's a good sign.. At least retail is on the right side of the Aussie ...

USDCAD trend reversal?

Not necessarily. See late July/early August global rout. USDX up, G/U down, U/J way down, G/J way way down. Strong US dollar ≠ strong U/J (universally).

What happens if USD is strong?

That's not accurate. NZD has shown up in TWS for months, but as of today, it is still not quoted for trade. IB tends to add the products to TWS long before they become available for trading. If you click on the "Forex" tab of the margin info page, ...

Leaving Oanda for Interactive Brokers

Judging by the spreads in this shot I just took live of their Currenex feed, I'm pretty sure ATC isn't adding a pip to the spread. It would be hard for eur/usd to be showing a 0-pip spread in that case.

Avail Trading Group...

I'm not quite sure what you mean. IB handles it just like every other broker. Oanda is the variant in this department. Can you elaborate?

Leaving Oanda for Interactive Brokers

NZD futures are pretty quiet, unless you're trading single lots. Last I heard was they were going to offer NZD "around year end", but that time is rapidly approaching..

Leaving Oanda for Interactive Brokers

How do you know that they're supposedly going out of business soon?

MT4 broker with New York time

I recently went on a foray this summer testing various other ECNs, both retail and institutional. At the end of the day, no other broker/ECN could offer both the service and spreads I receive with IB. IB's spreads are just as competitive as the ...

Leaving Oanda for Interactive Brokers

The interbank market opens up at 5pm ET, but there is somewhat of a pre-market on Sundays. Some brokers/banks open up earlier, there are no hard set rules in an OTC market. Here's a live chart to a feed that opens up at 2pm ET on Sundays.

Oanda has price movement since 1pm EST.. how come?

Which broker demo server did you try? UGMFX working fine for me...

MT4 broker with New York time

The quickie "fix" is just to run simultaneous instances of the same indicator, each configured with the options you want on and off for each period. That's how I'm doing it (overlaying two different pivot indicators). It was the only way I could get ...

Pivot Point

Funny timing Mo, what with Loonie having its strongest day in 2007 (U/C -169 pips). I've got the feathers ready, but that bucket of tar is too pricey.

USDCAD trend reversal?

UGMFX uses EST time on charts, as a result however, its daily candle closes at midnight EST (and gives a false Sunday candle). FXDD uses the standard 17:00 EST for the daily candle close, as a result however, time displayed on the intraday chart ...

MT4 broker with New York time

I can see you've studied the language of ambiguity. If you are proven correct, please come back and speak boastfully of your post, we will surround you with praise. If wrong, simply whistle & forget the claim was ever made, we'll do the same.

USDCAD trend reversal?

Yeah that be the extent of the retrace until London kicks in.

Aussie Pairs

Good trade (if I understand it correctly). In at 46 out at 76?

Aussie Pairs

I had to step out before so I didn't place the buy stop at the monthly (going to get my hands on metatrader mobile this month, can't wait). I would've targeted the daily pivot at 9190 as the first initial target. Looks like it hit that and is ...

Aussie Pairs

Are you still in this? Turning out to be a good trade, nice call on the Asian bounce.

Aussie Pairs

True, but Aussie recently surged 600 pips in 8 trading sessions. 1000 more is not out of the picture. Loonie was at 1.058 as recently as mid-September and had another 1100 pips left in it.

AUD - next in line for a kick in the groin

Just out of curiosity Phil, is that a TradeStation chart? Looks awfully familiar..

AUD - next in line for a kick in the groin