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IPad mini? Geez, I gotta have an array of about 6 displays in full view, failover backup networks, co-located server based execution, you name it..... There's no rest for the wicked :) Often I gotta admit I'm so "allergic" to market exposure that it limits my trading effectiveness. G.T...

Well, my goal is profit extraction with minimal exposure. The downside of that, of course, is that it takes "time" for price to move; so if you're going to do trades which run to completion in under 3 minutes (or sometimes 1.5 seconds) then you're going to have to commit larger Lot Sizes, and...

Exactly. If you are successful in micro trend identification, then profit extraction can be done reliably in these quiet conditions, which most traders consider "untradable". I assume your technique includes resting limits outside the "deflection envelope" of the market so you get price...

Yes, man, reducing "total market exposure time" is a great goal. But it ain't easy. Also I get pricing efficiency with a high proportion of "wholesale pricing" on LMAX so I'm able to achieve that. But biggest issue in short term trading, aka "turning wiggles into money" is accurately...

Euro volatility today best to be cautious. I am a "micro scalper" so I go for $10-$20 per scalp on lot sizes of $100k-$200k with targets in the 1.8 - 2.4 PIP range. In and out pretty quickly. But this is not safe/tradable during the news period right now, immediately following ECB statement...

Two links of interest. The first one, alleging that SNB was driven by Private Ownership, and thus motivated to take the market by surprise, after lining up all of its clients on the correct side of the trade, well, my interpretation...

Dukascopy posted this. Not sure exactly when it appeared on their main website http://dukascopy.com They are "taking the high road". FXDD outside of the U.S. offers JForex (meaning "Dukascopy") accounts. One of the best pure Forex brokers around. (No affiliation, just use them in our...

Good observations, good questions. Yes, creating a "correlation" or "proxy" for a real Time and Sales involves some assumptions. In general, however, so long as the same treatment is given to the Bid and Offer sides of the book, then we can assume some fairness even though we know there is...

Just a little more on the prototypical Micro Scalping Incremental Pattern. Pulling the trigger becomes multiple Entry, so each individual entry is less critical. Nevertheless we need to know, in this case, that the real trend is UP and, fortunately, we know that, since Price is Lying to us...

Yes, as someone who's been around the Swiss, with a Swiss mother-in-law and wife, I can't understand why the Swiss were unable/unwilling to do exactly that, with hints, gradually yielding to the inevitable. Why not? HyperScalper

I am sorry for the unfortunate loss. Talk about a "black swan" ! I am a micro-scalper in day trading, dipping in and out of the market. However, I also trade a "swing style" via robot and try to maintain diversified currency pairs and long/short positions with modest position sizes. In my...

Yes, good point. In "micro scalping" there need to be specialized indicators which help the scalper decide when to "pull the trigger". First of all, my basic approach is "incremental trading", so we rarely go "all in". So taking a position is not so much of an "event" as a series of events...

Here's a typical example of a Leading Indicator of future price movement in USD/JPY. The prediction does not use Price but, instead, analyzes the Dukascopy Depth of Market to determine the near term price move. HyperScalper

Yeah, we are using hosteurope.de and hosteurope.ch I think they're the same organization for our servers. Already having a dedicated server in Germany fairly close to Dukascopy in Geneva; but if LMAX continues to be a bigger part of our business, a Dedicated Host in London is the next logical...

Hi, thanks for that info. Yes, you're right that moving to FIX would not change the latencies. However, our future plans to migrate to FIX are to improve control, recoverability and other functionality which is missing in the Java API, but which we can live with right now. So long as we are...

Still working with LMAX so will post a bit more data. Below we see the actual price improvement data, as before, but an additional field "msecs:" shows the time between Order Submission and Acknowledgement. The typical latencies are around 70 msecs or less. Some latencies are as low as 23...

I posted results on wholesale pricing and an evaluation of micro scalping on LMAX in this forum here: http://www.elitetrader.com/et/index.php?threads/lmax-price-advantage-measurement.287749/ Conclusion: LMAX lacks "creature comforts" of Dukascopy but, with pro custom software there's nothing...

After a lot of experience now micro scalping on LMAX, and co-developing the interactive trading platform, here are some of the conclusions I've arrived at: 1) WHOLESALE pricing. Yes, it is true that LMAX absolute provides "Buy at Best Bid" and "Sell at Best Offer" pricing, provided there is a...

Hey, we're all "here 2 learn" :) First of all, I am a "micro scalper" and sometimes a "nano scalper". This means that I use extreme techniques, on the extreme LMAX exchange, and a software platform which is specialized for computer-assisted manual trader guidance, plus I use a strictly...

OK, here's your problem. You are trying to "day trade" but what you should really be doing is longer term trading. I have some analytics which show you the most "extreme" currency pairs, which you would "fade", and hold for 4-8-24 hours. Personally, I am a micro scalper, but there is a big...