WORKING ON TRADING ISSUES
This offshore brokerage thread is extremely important since, without brokerages, it’s hard to do good Forex trading. I’ve been working more on the trading analytics side of things, in this thread:
One broker which is extremely valuable is Dukascopy, in Switzerland. Unfortunately, they will not grant LIve accounts to U.S. persons, but they will grant perpetually renewable DEMO accounts. They offer a Market Depth from which inferences can be made to generate a Time and Sales, and a complex API which is able to access this streaming realtime data, i.e. Depth of Market data on which a virtual Time and Sales can be derived.
Both of these are information which can be added to Currency Strength Trend to “triangulate” trading in Forex. The three “pillars” are: 1) Currency Strength (which does not require volume information), 2) Depth of Market based Trend prediction calculations, and 3) the ultimate prize of Order Flow or Trade Flow inventory calculations.
In all 3 of these, and taken together, our goal is to predict before Price moves, where it will be moving. I’ve been deep inside code integrating these data sources for proprietary trading bots. But a lot of such information can be used as a basis for daytrading scalping, or even longer periods and I’d like to make that accessible free of any charge. The problem is understanding what all of the data means, and maybe I can use another thread to discuss all of that…
These topics don’t fit into this “Going offshore to escape the CFTC” topic thread…