Another observation: If I place an order, say for example, a sell at the prevailing high bid, it seems more often than not, the open interest...
I don't know. You could try their demo system. Market data might not be accurate, but it would probably give you an idea what the spreads are like.
It was actually with Oanda that I noticed the change in rates.
Can you tell us how often (if ever) a non trading client of yours (e.g. bank) accepts your customer's limit orders within the spread? Do they...
Thus the cost to short the pair, and thus the payout of you were long the pair? I think we're discussing the same perspective :D
You pay interest on the currency you 'borrow' and get paid on the one you 'buy'. If your borrowing Yen to buy into another, you wont get paid as...
I've been doing just this. The bigger concern is market swings. Yeah the position is hedged, but you need to keep a whole lot of cash in...
I've noticed the lending cost on USD/JPY has jumped in the last day or so over at Oanda. Perhaps in anticipation of a further rise should the BOJ...
The wall street journal has a good article on currency brokers. Sorry, I don't have the link to the non-pdf version.......
I have, and you are right. USD/JPY happens to be a pair that would be a bad one to hedge with. Look at all of them.
Thanks for replying. I really don't mean to ream you guys, but I wont stop being a skeptic. I notice that 3d Forex is located in 1926 E Maple,...
I would think the most accurate answer would be the one with the most volume. But that is nigh impossible to answer as that is private...
One man's garbage another man's gold. I like their rates right where they are. Makes longer term hedging less expensive.
Haha. All I meant was that if you find a relationship between two things, it doesn't mean that they are because of eachother. If the dollar is...
I have researched forex brokers on countless websites. EFX has some plusses and minuses, overall, better than most of the alternatives, but they...
The existence of a correlation is not the same as causation.
Sorry I'm a newb. Does this have to do with less liquidity in a futures market vs spot trading?
What are the drawbacks? Where could I learn more about trading futures? THanks!
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