I am not acquainted with Hotspot FXi, is it showing Eur/Usd with 39 Mil total quantity????
I am not acquainted with Hotspot FXi, is it showing Eur/Usd with 39 Mil total quantity????
That's just the total of the bid side, the deal side total is cut off. Giving them the benefit of the doubt, that is through the session along with some orders may be reserve/Iceberg orders.Originally Posted by ;
Kermut,Originally Posted by ;
I am not a professional trader and I am new to Forex but I base my statement on real life talks with people in trading rooms of mid to large companies which trade 100 millions per click daily (Because of nature of my company I come to view them time to time). And there I heard that while scalping for pips could indeed be profitable, it's considered too much work for too small.
Maybe I am wrong, maybe I just happened to hit a few old school, dull companies but unless I find it otherwise with my own eyes, I tend to think more in what I see and hear from the actual big currency traders in first person.
With regard of leverage, to each its own. I was quite optimistic about it once I started trading also (wanted to do 1:50) but discovered otherwise. I discovered a tendency - the crappier the broker - the larger leverage it offers you. You will find a few with 1:400, LOL. I spoke to a brokers which demanded 250 k deposits and they had leverage of then 1:50. I see tendency line that is apparent here.
Those institutional traders that over-leverage and scalp 10 pips in a time have access to information that most of us will not get their hands on. It is quite clear with the advantage.
Also, I'm uncertain what is meant by the big boys... are we talking about hedge fund position traders or institutional scalpers?
That is not very much, throughout the Asian session I usually see well over 150Mil on every aspect with Dukascopy, throughout London and NY it could be over 350Mil each side.Originally Posted by ;
Thats indeed not too far (even MBT shows over that occasionally ), a couple shots from euro/us-hours could have been fair tho in my opinion. .Originally Posted by ;
Biggest FX wholesale broker.Originally Posted by ;
What CCy pairs are you looking at?