That is impressive, but I guess understandable. I just RFQ'd for 200M and I got 6 wide. TKGB do you think that you would have any problems buying 193M with Dukas on one order?
DislikedThat is impressive, but I guess understandable. I just RFQ'd for 200M and I got 6 wide. TKGB do you think that you would have any problems buying 193M with Dukas on one order?Ignored
DislikedI don't see why not, they certainly claim you can. I've tested orders of that size in the demo environment, and that's where you'll see it fill at FXi, CNX, Lava, Goldman, Dresdner, etc. I imagine the live environment would work the same.Ignored
DislikedHowever, what I dont get is why the top of the book is so weak but the whole book is relatively strong. I just dont understand that.Ignored
Dislikedfxtrader42, any ecn would be good for 50mill 5 wide, to get 150+ mill on 5 wide you can't beat that.Ignored
DislikedMoe you are correct 150M at 5 wide is pretty damn good. However, I bet it is torture watching it move 10 pips against you at that size. Considering you would be paying a spread that costs you, oh, only 750K. I know that if I wanted to have that kind of position I would average into it.Ignored
DislikedDo you care to explain why my post says I am not trading with a bank?Ignored
DislikedI'm surprised you needed to ask.
Most traders, let alone 'bank' traders, can count. Things like pip value become second nature.
Tell you what, you be whatever you want to be as long as it makes you happy, after all this is the internet
'nuff said
C'yaIgnored
DislikedThanks for catching my mistake. The value of a pip for that trade is def. 75K. I had 750K in my head because I was first referring to what it would be like to be down 10 pips on the trade. Which would be 750K, going into that trade with a 5 pip spread would obviously cost 375K. I still dont see how me not saying exactly what I meant to say proves that I dont trade with a bank. But you and everyone else can think what they want as I am not here to prove myself to anyone.Ignored
DislikedSandy,
I have not used Dukascopy but there is no way they're liquidity is much deeper. I wonder why you think that...I also remember TraderKGB, who uses I believe both Dukas and Hotspot where he said Dukas liquidity has been crap. I very well doubt that Dukas is going to keep up on orders around 5 to 10M.Ignored
DislikedI gotta question for Rusty... how much does trading on JPY crosses affect the price on the major pairs through the Asian and European session? A lot? Half and half?
How many big players are seriously looking at the JPY crosses?Ignored
DislikedI trade them, and I can tell you that the impact is significant. Just a moderate-sized trade in one (10-20m) will visibly affect the others, and it normally takes a few minutes to recover.Ignored