I would not really call this arbitrage because there is a difference between cable and euro, and there can be trends between those currencies as well, making a system like this kind of risky. With arbitrage one will lock in risk free profits because ...

Have a look at this one: url BJ

BTW, I talked with a representative from Saxobank a couple of days ago, and he said that they were planning to lower the spread by 1 pip in a couple of weeks or so, so that the EUR/USD spread will be 2 pips etc.

I think admiral uses London time as well. url Bjorn

Hi Roquetrooper, I think it's unlikely to find 1min data back to 1998 for EURUSD, and 5/10 min data back to the 70's. That's a very long period for such very short-interval data. Bjorn

I know it's not aimed at forex, but its not really a problem. For data, you should consider Forex.DataHQ as they provide intraday data (from FXCM) for a monthly fee which you can get directly into wealth-lab. Otherwise, if you only need end of day ...

Both Tradestation and Wealth-Lab Developer are good for backtesting trading strategies. Wealth-Lab is $650 to buy, and then you have to provide your own data, while I think tradestation is $200 per month, or $100 if you have a $5000 account with ...

I recommend you to check about this book: Options, futures, and other derivatives by John Hull. It's a really good book and covers forwards and swaps as well as a lot more you should know about. Bjorn

The way I understand the statistics, is that if GBP/USD has moved about 47 pips in one direction (higher in this case), there is a 75 percent probability that it will not move lower than 47 pips below the opening price of the day. Because that would ...

Which time is most common for calculating pivot points in forex? 17-17 EST or midnight-midnight EST? Bjorn

As long as you trade the same percentage risk per trade, a pip is worth more for a system that use a smaller stop loss compared with a system using a larger one. For example, for a system using a 30 pips stop loss, compared to a system that use a 60 ...

I'm thinking about buying the book: "Trading the Ross Hook". Have you read it, and do you recommend it? I know there's a lot of free Joe Ross material available - do you think it is wasted money to buy this book, or is it worth it? Bjorn

I think you should consider trading fewer lots or add more to your trading account, because If you're trading 4 mini lots and a 30 pip stop, with only $500 dollars in your account, you're gonna wipe out your account pretty soon. In that case you ...

With OANDA, it's like that at the beginning and end of each week. I know that at least from monday morning GMT the spreads are normal and low. Bjorn

Afxi/cbfx — Hi, Are there anyone who have experience trading with AFXI/CBFX (Commerce Bank)? They have a low spread (I think 3 pips), however, I don't know if they guarantee your stops and limits. Bjorn