On A/J? There would have to be a substantial dollar rally/yen rally for it to head that lower again. U/J is taking forever to close this gap... Your charting program should allow you save/export any chart as a gif/png. In MT4 for example, right ...

Aussie Pairs

No, just the opposite. But only looking at the intraday for the moment, to close the weekend gap. I don't think we're going to get a sign from the equity futures until London opens. The gap coincided with the lower trendline and 23.6 fib on U/J. I ...

Aussie Pairs

The Friday-Sunday gap on all the yen pairs looks to be filled. This happened a couple weeks ago, the lows get wiped out in low volume Sunday trade then go on to rally through Euro/US. Waiting for any strength in the S&P futures overnight before I ...

Aussie Pairs

Seeing some post-G7 yen strength continuing..

USD/JPY Discussion

Search harder 3 options here. Also, SR>MT4 bridge here. You won't find any MT4 ECNs directly, only passthru's/bridges, the MT4 platform is coded as a dealing desk platform.

MT4 ECN.... Put your foot down.

Info here and here. Twice the volume on Dec because Nov contract expires on Monday. Many firms won't let you trade an expiring contract within a certain time from expiration, so most traders have shifted over to the Dec contract.

USDCAD trend reversal?

Not necessarily, that's just backwardation of prices we've been seeing in the crude markets for several months now (future prices lower than spot prices, the opposite of contango). Yes.

USDCAD trend reversal?

Yes CLX7 is still the front month, but it's close to rollover, so you'll see that CLZ7 is trading twice the volume.

USDCAD trend reversal?

Live prices here directly from the CME (free with signup). No chart though..

USDCAD trend reversal?

I find myself in the same mindset. Interesting how aggressively short we all were short on the last peak in July, but now we're bargain hunters at similar levels. From a contrarian point of view, that may mean we're headed lower. I think I'll hold ...

Aussie Pairs

Here's the daily for NZD/JPY where you can see the 50 fib level (86 even) being defended the past few days (and was heavy resistance in late Sept). Undoubtedly there were many stops below this level which were all hit at once (the selloff gained ...

NZDUSD Discussion

Awfully strange behavior.. Here's a picture of the NZD futures contract, you can see it took a 144 pip swing in about a half hour (very little volume on this contract though, not even 100 lots during that period). Very curious if that was indeed a ...

NZDUSD Discussion

What's your friend's position these days? (the one that went heavily short A/J last July at 107)

Aussie Pairs

My daily system gave a sell signal this morning for the first time since 8/17 on A/U and 9/10 on A/J. If we can hold the July high of 8870, I'll hold off from entering short and enter long with a stop below that level (mainly looking at where it ...

Aussie Pairs

Good choice. Also, checkout Dukascopy for comparisons. They both offer ECN models, but Dukascopy's commissions are $20/MM vs EFX at $50/MM.

GAIN Capital

It was G7 pre-meeting comments that were pro-dollar, also GBP CPI under estimates didn't help the high yielders..

Aussie Pairs

TradeStation also uses GAIN Pro (unfortunately...). Why they don't deal directly with the banks the way IB (their chief competitor) does is beyond me.. GAIN's dealing desk offers sub-pip decimalized pricing, although since they're NOT an ECN, ...

GAIN Capital

Comments out of Weber of ECB causing a spook across the markets. A/J off some 150 pips in the past hour. I hope early August volatility is back.

Aussie Pairs

Thanks, I needed a good laugh!

Trading JPY pairs

You lost $600k trading GBP/JPY? If so, I would take a strong step back from your approach. First, I would avoid GBP/JPY altogether. Its frantic movements attract the gamblers and hot money crowd, but it's usually a new crowd every 6 months, and that ...

Trading JPY pairs