Indeed, it's been obeying the pivots to a T this evening. Fell straight to the daily from the 17:00 open, then a rally to the midpoint, several unsuccessful tests, then fell back to the daily from whence it came, only to find buyers yet again.

USD/JPY Discussion

The confirmation to go long will have little, if anything, to do with charts/TA and much more to do with comments from the RBNZ on Wed's interest rate statement (and also comments from Bernanke tomorrow). Quite a bit of FA underway the next 24 ...

NZD fate

The entire architecture of the system was explained to me during an hour-long discussion of the various ECNs with one of the PBs. This is what I gathered from it. There are multiple Currenex hubs ("six primary" & an unknown number of secondary), ...

Currenex platform broker with low deposit?

Yes, on the daily chart. On the lower timeframes, I've found that the true open is not always correctly accounted for. This is especially apparent on Wednesdays at 17:00 ET, when we would expect a lower open due to the 3x swap. The 1M - 1H charts ...

USD/JPY Discussion

Seconded. To kreeper, You have made your case before. There was no need in disrespecting someone else's work by publicly posting it when that person specifically requested it no longer be public. Now let's all get back to trading.

USD/JPY Discussion

That's correct for calculating the S/R levels and daily pivot, but the daily central is simply the opening price at 17:00 ET.

USD/JPY Discussion

I think chonchy may have meant 113.07, which is also roughly what I have (113.06).

USD/JPY Discussion

Just found the comparative figures from EBS. $456B on 8/16! Currenex certainly has their work cut out for them if they really think they'll catch up to EBS by year end... url

Futures vs Forex. Who is more liquid

I'm still doing my DD on this. The list includes ATC, ADMD, ODL Prime, Vcap, MF Global, CapForexPro, GFT Prime, ChicagoFX, & FXCMPro (there may be others I'll include that haven't come to my attention yet). The ideal candidate will have access to a ...

Currenex platform broker with low deposit?

I am as well, but this complete decoupling of A/U from E/U and G/U that we're seeing today is awfully strange..

Aussie Pairs

Check your calcs. Autopivots from MT4/FXDD are below: R3=115.95 R2=115.71 R1=115.54 PP=115.30 CN=115.39 S1=115.13 S2=114.89 S3=114.72

USD/JPY Discussion

Tick charts are available within Accucharts, which is offered in a limited form online here, and also as part of the desktop version offered freely by FX Solutions.

USD/JPY Discussion

Interesting. I had a hunch the guy on the phone didn't have the full story straight. $250k min is the going rate at some prime brokers, Vcap for one. ATC and ADMD are much lower.

Currenex platform broker with low deposit?

Yes but how often does the 1-min close below the 8 EMA and then retrace? Too often to be of much value, you'd be heavily whipsawed.

USD/JPY Discussion

Interesting. To calculate these trend triggers, which of the following of your charts do you use: the 3, 5, 10, 20, 30 minutes, the 1 hour, or the 2 hour? Or some combination thereof? Do you wait for the LR-MA crossover to occur on one time-period, ...

USD/JPY Discussion

FXCMPro is not available directly. You have to have a pre-existing prime broker relationship elsewhere. If you do, then FXCMPro can offer your prime broker their Currenex access. This at least was how it was explained during a recent discussion with ...

Currenex platform broker with low deposit?

dove, I don't question the merits of your system or your previous calls. But something about tonight's hindsight calls.. capturing an entire trend within a fraction of both extremes.. you can't blame a little harmless skepticism..

USD/JPY Discussion

Let's remove the benefit of hindsight and place ourselves at 20:00 ET on Tuesday. Price has been in a range from 116.05 - 116.37 for the past 10 hours. Shortly before 20:00 ET, price peaks its head above 37 and makes a new high at 46, then recedes 6 ...

USD/JPY Discussion

You shorted 6 pips shy of the high (116.46) and covered 3 pips shy of the low (114.82)...? That's incredible.. though I'm a bit skeptical.... Since neither of those two levels coincided with S/R pivots nor 50% midpoints, what gave you the entry/exit ...

USD/JPY Discussion

Ah thanks for the clarification, that makes sense.

Jacko's Forex House of Pleasure and Pain