I'm +6.5% my live account since trading the start of this year in January: {image}
- #14,242
- Apr 6, 2015 2:13pm Apr 6, 2015 2:13pm
- | Membership Revoked | Joined Feb 2013 | 1,022 Posts
Trade at your own risk.
This correlates with the other article posted by someone else on inside fX trading.
What this mysterious trader is really just Tony with his Dora Dice
From ZeroHedge.com (http://www.zerohedge.com/news/2015-0...fts-third-time)
Australia Regulator Furious As Central Bank Decision Leaked To HFTs For Third Time
SUBMITTED by Tyler Durden on 04/07/2015 07:02 -040
What this mysterious trader is really just Tony with his Dora Dice
From ZeroHedge.com (http://www.zerohedge.com/news/2015-0...fts-third-time)
Australia Regulator Furious As Central Bank Decision Leaked To HFTs For Third Time
SUBMITTED by Tyler Durden on 04/07/2015 07:02 -040
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- For the third month in a row, FX 'TRADERS' in AUD "guessed" the Reserve BANK of Australia's decision in the milliseconds before it was released to the public. Aussieregulators, seemingly furious at the blatant-ness of the front-running, CONFIRMED they will be INVESTIGATING the price spike overnight. As we noted last month, the rigged-ness of the markets was so clear as to suggest the decision was clearly leaked ahead of the public release asAUD spiked 70 pips on heavy volume in the 7 seconds before 230pm local time release. As ABC reports, concerns about whether some may be getting advanced notice of the central BANK'S impending decisions led RBA Governor Glenn Stevens to note his own concerns "about reports that there had been extraordinary trades before the release of the Reserve Bank decision yesterday." Will we see consequences this time?
http://www.zerohedge.com/sites/defau...0407_AUD_0.jpg
As ABC reports,
It is the third straight month that money traders appear to have correctly guessed the RBA's next move.
"ASIC CONFIRMS it will investigate a spike in the Australian dollar shortly before the Reserve Bank's monetary policy decision today," ASIC said in a statement released late this afternoon.
"The INVESTIGATION will look at trading in the dollar prior to the RBA's interest ratedecision statement at 2.30pm (AEST)."
Most economists had correctly predicted that the RBA would keep rates on hold at 2.25 per cent at today's board meeting.
But many CURRENCY TRADERS had expected a follow-up to February's rate cut, and as a result the Australian dollar climbed more than 1 per cent against the greenback after the on-hold decision was announced.
That rapid rise would have meant trades made even a few seconds EARLIER could have delivered a huge windfall.
Last month's suspicious trading took place around 45 seconds before the RBA's DECISIONwas posted.
Today's trading appears to have been much closer to when the decision was released, with the dollar's rise appearing TO BEGINhttp://cdncache-a.akamaihd.net/items...rrow-10x10.png five seconds early.
The cases have raised concerns about whether some may be getting advanced notice of the central BANK'S impending decisions.
...
In March Treasurer Joe Hockey said he had spoken with RBA Governor Glenn Stevens about theCURRENCY TRADING.
"Obviously I was, like he was, concerned about reports that there had been extraordinary trades before the release of the Reserve Bank decision yesterday," he said at the time.
* * *
We won't hold our breath for any scapegoats... Just ask Timmy G how his 'front-running' worked out? The 'leak' serves two purposes - 1) confirms the narrative the RBA wants to SPIN, and 2) adds moar money to banK coffers as bad loans are rising. The internal investigation, we are almost sure, will turn up nothing but an illiquid market that swng violently on a good guess by a few traders... sure, whatever.
Charts: Bloomberg
Average:
- For the third month in a row, FX 'TRADERS' in AUD "guessed" the Reserve BANK of Australia's decision in the milliseconds before it was released to the public. Aussieregulators, seemingly furious at the blatant-ness of the front-running, CONFIRMED they will be INVESTIGATING the price spike overnight. As we noted last month, the rigged-ness of the markets was so clear as to suggest the decision was clearly leaked ahead of the public release asAUD spiked 70 pips on heavy volume in the 7 seconds before 230pm local time release. As ABC reports, concerns about whether some may be getting advanced notice of the central BANK'S impending decisions led RBA Governor Glenn Stevens to note his own concerns "about reports that there had been extraordinary trades before the release of the Reserve Bank decision yesterday." Will we see consequences this time?
- #14,249
- Edited 9:05am Apr 7, 2015 8:51am | Edited 9:05am
That link posted above to the thread....paste it in and take off the word "There" on the end of link. Tried to edit post but it won't let me put the link on its own line.
1. Set buystop and sellstop at minutes 29 (1 minutes before the news release) (12 pips apart from each side)
2. SL : 12 --- TP : 88
3. Move SL to entry point when reached first 10 pips profit.
it's hard to detect the right price when you have just 1 minutes to set up buy and sell stop with both SL and TP so I must find the fastest way to do that. So I use MA(1) with levels to help me see the right point to enter , something like image below
- #14,251
- Apr 7, 2015 3:09pm Apr 7, 2015 3:09pm
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
This correlates with the other article posted by someone else on inside fX trading. What this mysterious trader is really just Tony with his Dora Dice
Thanks for the share buddy. Lol I sure would like to have access to some of these communications systems that the NSA are using.
I suspect this has something to do with the intelligence community taking advantage of the system for their own personal gain. The world we live in..
