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  • #373,461
  • Jan 26, 2011 8:10pm Jan 26, 2011 8:10pm
Quoting mercy seat
It's a long time ago that I was with an US service ... name was Linnco ... was in Chicago ... but they had 22h00 UTC or GMT as well ... which is 17h00 EST ... as far as I remember ... they used BRIDGE SYSTEMS for that ...

But was with time adjustment facillities too ... for that reasons ...

Because ... not soo funny when one party says ... hey ... look at that doji there ... and you cannot see ...
By the way ... I'm short since 1.3714 ...

;-)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #373,462
  • Jan 26, 2011 8:13pm Jan 26, 2011 8:13pm
Quoting mercy seat
name was Linnco ... was in Chicago ... but they had 22h00 UTC or GMT as well ... which is 17h00 EST
That's pretty standard; it's when the US rolls. That hasn't changed, but I just noticed Linnco dot com is available for purchase for $1595. Guess the business wasn't that good for them.

PS: The ten down I posted are also 1700 EST.
  • #373,463
  • Jan 26, 2011 8:15pm Jan 26, 2011 8:15pm
Quoting OldQuant
That's pretty standard; it's when the US rolls. That hasn't changed, but I just noticed Linnco dot com is available for purchase for $1595. Guess the business wasn't that good for them.

PS: The ten down I posted are also 1700 EST.

Ha ha ... yes ... they where one of the ugly ones ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #373,464
  • Jan 26, 2011 8:18pm Jan 26, 2011 8:18pm
Quoting mercy seat
Ha ha ... yes ... they where one of the ugly ones ...
Such things happens ... but longer time ago ... was in the 90th ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #373,465
  • Jan 26, 2011 8:23pm Jan 26, 2011 8:23pm
Quoting kill56
7 sexy ones gator
Ok so 7 candles where do you begin counting from..the red bar
  • #373,466
  • Jan 26, 2011 8:27pm Jan 26, 2011 8:27pm
Quoting mercy seat
By the way ... I'm short since 1.3714 ...;-)
That's one pretty short; within a tick of the high since FOMC. And only touched twice.
  • #373,467
  • Jan 26, 2011 8:33pm Jan 26, 2011 8:33pm
Quoting Pipwanderer
Ok so 7 candles where do you begin counting from..the red bar
u start from top to bottom
  • #373,468
  • Jan 26, 2011 8:33pm Jan 26, 2011 8:33pm
Quoting OldQuant
That's one pretty short; within a tick of the high since FOMC. And only touched twice.
Done by limit order ... manually impossible that ...

I had a lower one 1.37135 with my push button ... but I unwinded that already ...

I am selective with those ... the bad ones I sequestrate earlier ...

So not first in first out rules ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #373,469
  • Jan 26, 2011 8:35pm Jan 26, 2011 8:35pm
Ok update first chart present and second chart future prediction lets see if it holds 1.3742 1.3770 1.3786 1.3823
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd 15.gif Size: 19 KB
Click to Enlarge Name: projectionseurusd.JPG Size: 187 KB
  • #373,470
  • Jan 26, 2011 8:37pm Jan 26, 2011 8:37pm
Quoting gatorinla
that would be fine with me.. one at a time.. 3711/14 will get a heavy load out.
#372343
cant overlook 3733 yet. staying short unless 3714 is closed above.
those who can, do. those who cant, talk about those who can
  • #373,471
  • Jan 26, 2011 8:39pm Jan 26, 2011 8:39pm
Quoting kill56
u start from top to bottom
i start with 1
those who can, do. those who cant, talk about those who can
  • #373,472
  • Jan 26, 2011 8:44pm Jan 26, 2011 8:44pm
Quoting gatorinla
i start with 1
it work both ways u will be busy all week no time out and u will live longer
  • #373,473
  • Jan 26, 2011 8:49pm Jan 26, 2011 8:49pm
Quoting kill56
it work both ways u will be busy all week no time out and u will live longer
maybe i should get a job..
those who can, do. those who cant, talk about those who can
  • #373,474
  • Jan 26, 2011 8:55pm Jan 26, 2011 8:55pm
Quoting mercy seat
Done by limit order ... manually impossible that ...
By the way, since you are working on relatively high freq automation, are you aware of the MB Trading announcement yesterday?

As of Feb 1, they are rebating (paying you) 2 deci's to customers who provide liquidity, i.e., limit orders, which better the ECN's bid or offer.

Gutsy thing to do; two tenths of a pip is in fact a lot of money. But if they get enough automated liquidity providers, they could squeeze their spreads down below the ducascopy's of the world, right into the real interbank.

And then, anyone who didn't trade with them would be a fool. I'm sure that's the strategy.
  • #373,475
  • Jan 26, 2011 9:02pm Jan 26, 2011 9:02pm
Quoting OldQuant
By the way, since you are working on relatively high freq automation, are you aware of the MB Trading announcement yesterday?

As of Feb 1, they are rebating (paying you) 2 deci's to customers who provide liquidity, i.e., limit orders, which better the ECN's bid or offer....

thats not too bad , i am geting a pip rebate on a lot 10 on a stander no rollover
  • #373,476
  • Jan 26, 2011 9:09pm Jan 26, 2011 9:09pm
Quoting kill56
thats not too bad , i am geting a pip rebate on a lot 10 on a stander no rollover
You mean someone is putting back into your account 100 per million in the base currency if you stand as the bid or offer and get fully matched out?
  • #373,477
  • Jan 26, 2011 9:18pm Jan 26, 2011 9:18pm
Quoting OldQuant
You mean someone is putting back into your account 100 per million in the base currency if you stand as the bid or offer and get fully matched out?

yes and i collect the end of the month
  • #373,478
  • Jan 26, 2011 9:33pm Jan 26, 2011 9:33pm
Quoting attila
as stupid/weird as this may sound, you also have to feel the market, get in with it's rhythm and don't fight it. and the only way to achieve that is not to think much. leave your brain at the door some say.

hard to explain but probably some people know what I'm talking about.
I understand this.....:-)
  • #373,479
  • Jan 26, 2011 9:35pm Jan 26, 2011 9:35pm
Quoting OldQuant
By the way, since you are working on relatively high freq automation, are you aware of the MB Trading announcement yesterday?

As of Feb 1, they are rebating (paying you) 2 deci's to customers who provide liquidity, i.e., limit orders, which better the ECN's bid or offer....
When you're trading $10/tick a $1 savings is not significant.. you're still paying commission. LPs and market makers can toe-to-toe traders hundreds of pips in either direction..

They sure would be fools alright; fooled into maxing limit orders with the broker at $10k-$100k clips to save $0.1-$1 hoping market goes their way after stacking orders such rebate + gain is worth it. For a normal person to take on this practice and to withstand large draws at $10/tick to save $1 is idiotic at best.

I am guessing the new marketing ploy with talk of algorithmic trading, rebate trading (out-dated strategy by the way*) and dropping fancy CNBC vocabulary to make the retail think they can compete in that space.. what it's really doing is encouraging the trader (who now falsely believes they know what it takes to be a LP) to make dumb decisions.



*True-rebate does not charge you commission. If you close your trade flat your rebate would add to your PnL. You close your trade flat on MB.. you're still down $1. Who cares! Algorithms@!
  • #373,480
  • Jan 26, 2011 9:39pm Jan 26, 2011 9:39pm
any indians here...?
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