Friday, September 09, 2005


level 2 for forex :)

5 comments:

sdf said...

Haha. Don't tell me they are doing that! What is it? Looks very rainbowish. Do tell...

Joza said...

hmm...well I know that with www.hotspotfx.com u can see orders..but that doesn´t help much...becuse of volume that goes trough that platform...(I was using platform few weeks)...BIG boys trade over EBS...

Soultrader said...

hotspot has only 3 banks to call their data from - this one has 10 - spreads very tight at sometimes 1 pip for cable and ive even seen time when the spread is zero.

commission trading of course

thing is i wouldnt have the first clue how to use this info but i guess some will have :)

Joza said...

maybe u can see where are stops placed...but from expirience with hotspot...i could not see what is really going on...i saw few times that someone pushed price up or down...and i saw how liquidity dries up before big news....but as i said it is hard to tell what is going on...because really big guys don´t trade over those platforms

btw.name of that platform is?

Soultrader said...

platform is efx. pretty good really - uses 10 banks as opposed to hotspots 3 and its quite amazing to see how much money actually flows through on a second by second basis.

the spreads are often very small and occasionally they even reverse with the bid being higher than the ask!! - good job you can assign hotkeys to buy and sell for super quick execution.

theres no charting on the platform but it makes up for it in other ways