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I'm busy with some real-life business project as well .. staying low a little. Do notice the occasional big-wigs cropping up. I hope I will see my 1.27-1.26 reatrace, albeit from nauseating highs before new year's eve. :)

They don't post volume on the spot FX. You need EBS platform and Interbank - or also Hotspot FX I think also showed internal volume on 5 depths or something (don't remember anymore). This flu was a little tougher than I thought - and I always get the sore throat lingering - but will probably...

DailyFX.com is FXCM - so you get the spot prices they offer. Every spot dealer will "tweak" their spreads and price levels - as they are the "market makers" towards their customers. With IB - they say they don't take the opposite side because of the obvious conflict of interest but use...

The MM frequently has some big size bid, ask orders which it moves out of harms way most of the time. Many times they also deploy various "techniques" - like flashing, rapid toggling, trapping with smaller lots etc. While you can clearly see some retail customers - usually minor lots - and most...

Interestingly the StandardPoor ratings report stated: "In contrast to some of its competitors, IBG is not making trades based on knowledge of customer order flow, but rather on its pricing model. This leaves IBG vulnerable to shifts in customer knowledge or preferences that other firms may be...

Yes looking at the crosses is ok when it seems like a concerted effort - but when they act independently - the INACTION creates some of the best opportunities I think. The hard thing is figuring out which pair will move because of the inaction - but "hedging it" and playing both of them can also...

Interesting to note how the MM on EuroFx definitely wretches away at watching the 80+ contracts at 1.3257 - it's almost as it's taunting him. A defense is laid out for 1.3260-ish and pressuring the cool 80-lot ... Strange, why let the lot lie there in all it's size when it could easily be...

There has been talk of ECB buying of USD along with chinese USD buying. I was short with a tiny position from just above 1.3430 yesterday, and had a target of 1.3291 initially .... cowardly I adjusted the target to 1.3370s this morning which got filled early while I was napping in between...

I found some info saying that is the case - with 30 levels - for contracts, except the ES and some. It was a chat-log here on ET (with FFastTrade I think it was). Otherwise I found a little info and some partial screenshots from the CME system release notes page ...

I don't hold GWB as a currency expert by any means, not even as a decent economist. The ballgame is not over yet, and we saw a lot of short-squeezing today. BTW does anyone know if stop-orders are visible to those with Globex-terminals, MMs or similar; or are they only visible to your broker...

I too was stopped out, but I had improved profits and thus got a +16 ticks out of the trade. Not like the +50 I was looking at at one point, but certainly not a loss. So, getting some profits always feel better - especially after we moved 100+ in the opposite direction. :D

TIC data fails to fill trade deficit with capital inflow at 48.1 bn vs 67.5 bn in september; but actually I think the market was caught quite short EURUSD - while USDJPY did not move much since it already moved on Tankan last night.

Put on some weight and adjusted stops lower - a little early, but it sure looks pretty right now. Will put on some automatic profit-takers for parts of this too - just taking the higher leverage for a shorter term stroll. IMF Rajan comments are just a fractional smell in the wind. :) edit...

There are some currency-related books at http://www.traderslibrary.com/ (choose 'currencies' category at the top), but I haven't read any of those books. Also see http://www.bizreading.com/bestsell.cfm?categ=2609&qitems_cursor=1 , http://books.ontheweb.com/shop/foreign-exchange_2609.html ...

Well, you're effectively long EURJPY - so you can judge it by that performance. I just took a little load off my own position when it started to look like the Rocketeer coming to the asian session. (doing the pausing thing for re-entry) You can probably tweak your EURJPY approximation by...

Short EURUSD position from above 1.3320 on 6EH5 - target +100 ticks. Stops scaling out at 1.3350, 1.3365 and finally 1.3375 - that's roughly +10 ticks on the spot price (i.e futures is roughly 10 pips above spot). Adding 30% at 1.3280, and additional 20% at 1.3250. Stops will be moved...

What a strange thing. Just fired up the apps, tossed in a small position just for luck, and wound up bagging +12 on that piker. Small size, but still funny. Kind of makes up for the stupid day - mentally if not all monetary. I was setting up a wide stop - wider than my target even - before...

My bets are off after getting back to -10. Better call it a (lousy) day. :)

I wonder if there is any liquidity left to move the JPYUSD ... c'mon get some good hurting in there! :)

Have -6 ticks right now on roughly 7 trades. Pretty lousy. But after a couple of glasses of daily red wine, I'm seeing it much clearer now and I even was -12 ticks. I guess I got into a little overtrading back then a little - changing bias very fast - and trading very fast. Not the best thing...