Some of us actually hedge one against the other. We don't limit ourselves to solely the futures market for our trades. Some of can do more than one thing at a time, Mr McCain. BTW, what was the EUR volume or the AUD volume on the CME contracts this morning at 2-3 am EST?
How much do YOU trade? 6E used to be good, but ever since the "crisis" liquidity is crap. Only 10-15 mm on the first 5 lines of the book most of the time, and very often <10 contracts on the best bid/offer. Got a lot of partials, and i'm not a big trader. And that's the EUR, i shudder to think of the 6B book. Let alone the crosses, which are either non-existent or utterly illiquid on the IMM. With my size, OTC, i don't even have to look at the depth. I trade with IB, Hotspot and Oanda. All three are quoting pretty much the same (staring at the screens all day, i guess i would have come across an evil stophunt by now). Im doing most trades with Oanda since i can archive the same outcome there without paying commission. That is, when they don't have their networking issues.
Hey, CST, call me an insensitive jerk, I can understand. But if you call me "Mr. McCain" I'll take exception to that! I never crashed a plane; let alone SIX. Also, I'm not a liar. Best wishes
Don't expect any kind of straightforward answer from these guys, can't you tell they're obviously HEAVY hitters, they probably play in yards (baseball in their Mums back yards, lol )
AGAIN... I am paranoid but not as much! You all did not get my message... I understand that, if any other broker shows the same quotes at the same time, the probability of their cooperation to stop-hunt is far less than the possibility, that the quotes were simply right.... I would never be so stupid to think that someone is watching my demo account and hunting my stops.... Are my posts so idiotic???? I only thought, that the demo quotes are the same as the real ones on Oanda, isn't it like that? And then I am sensible enough to understand that IF it was a stop-hunting in real, then it affects more than one person. Don't also forget the fact, Cable, that a brokers knows all the positions and can act so as to have advantage of this knowledge. It is not always that positions are open symmetricaly: the same ammount of money for shorts as well as for longs. Especially on lower time frames this asymmetry can be much bigger and then a stop loss triggered fo 100 people is a TP for 50, f.e. That is where broker can make and often makes additional money. Got my point?
What can I tell you....you're a market wizard, a guru, a king of forex.....no no, you're the king of forex, an ace, the man, head honcho, the bees knees, the dogs bollox, the muttz nutz, a trading hot rod, the big cheese, supremo, numero uno....you da man! Maybe all us Oanda traders need to withdraw our funds fast because you're likely to bust the bank!
I've just watched a great TV program I recorded last night, Million Dollar Traders, one of the people in it reminded me of forestgril, he was buying stocks at the top, buying to close a long trade, the guy had seriously lost the plot! It will be a miracle if Van Dam doesn't lose his $1m by the end of the series! Million Dollar Traders