In Day Trading the News, I discussed the popular news day trading strategy as it applies to forex (foreign exchange) online trading. Trading the news does not just apply to currencies though. Many traders day trade during economic or news releases using stocks too, even though I like currencies better for this. Why do I […]
Day Trading the News
Posted by on March 16, 2007 at 2:56 pm
Day trading the news or “news trading” usually refers to the popular practice in the forex market of day trading online a specific currency after the release of an economic report or statistic. Each potentially market-moving report is released at a specific date and time every month – and there’s a consensus estimate for each […]
Day Trading at a New Brokerage Firm
Posted by on March 12, 2007 at 11:22 am
The Strategy Runner account is already funded. Strategy Runner is supposed to enable our Currenex login on their server today. This was supposed to happen late last week, but it didn’t (for reasons beyond our control – I hate those). We might be able to day trade tomorrow. The MT4-Currenex solution I discussed in my […]
Managed Day Trading Program – Future Options
Posted by on March 6, 2007 at 4:57 pm
Yesterday’s post (“Forex Robot hits the Road – Trades Credited” explains why we are considering various alternatives for our managed day trading online program. If you haven’t read the previous post yet, please do so at this time. Please keep in mind that the options I’ll be telling you about today are not mutually exclusive; […]
Will New MT4 System Solve our Day Trading Problems?
Posted by on February 28, 2007 at 5:05 pm
Whether or not FXLQ’s new multi-bank MetaTrader (MT4) system will solve our current day trading problems remains to be seen. This morning, FXLQ was supposed to go live with their new day trading system (at least that’s what we were told). If all goes well, we should be trading currencies tomorrow with the new setup. […]
Lackluster Day Trading Week so Far for DTT
Posted by on February 22, 2007 at 4:40 pm
Day trading results so far this week are slightly negative. “Off quotes” are still coming up quite a bit on the MT4 platform, but at least the rejections are pretty fast. We are still waiting for FXLQ’s launch of their new MetaTrader day trading system. We were supposed to receive a demo with their new, […]
Day Trading is Better – But Trouble when Forex Market is Silent
Posted by on February 16, 2007 at 3:46 pm
FXLQ made some changes at their end that eliminated some of the trade delay problems. Even though there were still many “off quotes,” both trade executions and rejections were relatively fast. Whatever FXLQ did seems to have gotten rid of the long delays we were experiencing when orders were being submitted. Four forex scalping trades […]
Man Against Robot – A Day Trading Tragedy!
Posted by on February 15, 2007 at 5:41 pm
No; this is not a science fiction drama about a robotic day trader! I just like to use tragic titles to release my frustrations from time to time! First of all, our Currenex Trading System project might have to be scrapped. It is taking too long for the orders to travel to the Currenex server. […]
London Moves Way Ahead Of New York In Currency Trading
Posted by on January 26, 2007 at 1:57 pm
A Bloomberg article shows that London, the world’s biggest center for currency trading, increased its lead over New York as in the six months through October 2006. Trading ran at $1.06 trillion a day in London during October, up 6 percent from April. Meanwhile New York shrank 7.5 percent to $534 billion in the same […]
