You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Shit! Where do you get these numbers?
Let me have a taste too...
Would you mind sharing the link?
;)
http://www.bis.org/press/p100901.htm
Thanks a lot!
There is no direct correlation between the amount of money and the shift by any particular number of points. It all depends on current liquidity. Just think of the classic "thin market" at Christmas. It is not recommended to trade on it because the liquidity is low, which means that the market can be shifted for much less money. Virtually any amount on the interbank, ECN or stock exchange has an effect on the price. Just in one case this change lasts a couple of hundred milliseconds, while in the other it can have a more significant effect.
Take a very illiquid exchange instrument, some long term futures (where the spread is wide) and place an order within the spread - the spread will change immediately.
As for the reversal in some direction, you need a lot of money, and besides this is also a special technique - to know the psychology of the crowd, to be aware of the liquidity, etc. Very clever robots do that.
I took these screenshots out of my Garbage for the topic starter
These screenshots show the situation before the closing of the session over the weekend.
EURUSD
GBPUSD
USDCHF
USDJPY
What financial institute did you graduate from?
And calculate the number of bunches you need to move the pounddollar up by 70 points.
I'm begging you - do not ask me where this programme comes from. I will tell you one thing - this office charges a commission for the total amount of cash used and does not eat all sorts of scum like the spread.
On implementation of the exchange rate policy of the Bank of Russia
The Department of External and Public Relations of the Bank of Russia reports that since March 1, 2011, the Bank of Russia has implemented the following changes to the exchange rate policy mechanism
Such amounts operate on the Russian rouble currency market.