I have an IB account that was funded with a wire transfer from a domestic US bank. US banks are not able to hold EUR denominated deposits and currency conversions although possible with European banks, are very expensive (200 - 500 pip spreads!).
Therefore, I would like to convert the IB...
I am looking for an automated strategy to maximize profit by trading the smaller intraday swing while using the longer term price action to specify the direction the short term trades should be taken in (including position sizing, etc.). Position sizing and PA analysis would take place in the...