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After weeks of making a long, costly and complicated SWIFT transfer , I finally managed to open account with WHC. (Tell you guys that do SWIFT, always wire to the final beneficiary bank, disregarding any info on the corresponding bank). With 10% of equity consumed during this madness , also caused by the fact WHC wasn't quite accepting EUR deposits, as stated on their IB's website, I was almost pissed off. However, their real datafeed is beyond my previous expectations : lots of forex (including the dangerous, but easy tradable USDHKD - easy to forecast due to Hong Kong's monetary council regime), stocks (common and some preferred), all kinds of commodities , indexes and currency futures, with various expiries and some quoted on different exchanges. I didn't have the patience to count all the symbols , so I decided to make a movie about it and uploaded on YouTube: Presently I'm a bit tired due to various collaborations, hope to start trading as soon as I digest the new trading opportunities given by the new stuff!

Well, finally managed to pull money out of FXINDIA. Was it a good broker? Well, they payed. (Perhaps because we didn't make noise on their forums, who knows). Did they do everything against us? Well, after the tricky swap charge they saw we are more stubborn than anticipated and decided to get rid of us and almost banned logins. Thanks to Matt we managed an awesome rate of about 170%... But again, trading on the edge, with more than MT4. The natural exploit of difference in volatility between forex and futures has been one of the keys used in this situation. But now it's over. Have to look at other brokers... Does anybody know RELIABLE brokers offering same datafeed as WHC ?

You're right Andi, I have kinda forgot posting results... http://img81.imageshack.us/img81/7180/tradestatus1710xf6.jpg After a jump last week from around $150 - $250 now it's consolidating in $300 - $350 area. The time it happened the DiscountedBasis indicator jumped over 0 ; generally it's negative (-1 to -7, average -3 to -5), except for the unhedged hour when Globex is shut down.

http://img339.imageshack.us/img339/552/shutdownsg8.jpg Damn! With that big -978.76 bucks swap....I had to close! This will not remain unpunished!

Since I'm using this strategy, I observe that sometimes the account stays a lot constant, then jumps suddenly. Finally found the catch. Here is also my account status for november 8: http://img258.imageshack.us/img258/9493/marketineficienciesej2.jpg As you can see in the first red circle, before Globex shut down hour on Nov 7 , the discounted USDJPY futures was under USDJPY value. During this time, USDJPY moved down. Once the Globex started up, the discounted futures had to come towards USDJPY from its upward position, and it was stopped by the market's evaluation nearby USDJPY but in the upper side, since it came from up. It started to fluctuate around this value, this is why we see the DiscountedBasis average jump from negative to positive. This second picture is to answer Juan's request to see how much basis modified since last month: http://img210.imageshack.us/img210/1460/basisreductionya4.jpg As you can see, the basis reduced from about 98 pips on Nov 9 to almost 43 pips now. Isn't that cool ? I appeal again at my readers to help me with the parameters of T-notes, as I want to check about arbitrage windows forming between the three T-note classes (2 years, 5 years, 10 years).

Well, a yield of 41% surely beats the hell of the Barclay's Hedge Fund Index http://img222.imageshack.us/img222/4685/tradereportoct26ou2.jpg This result was at a DiscountedBasis value of about 2 points. I have to mention that starting from morning of Oct 25, right after Globex respawn, the DiscountedBasis indicator, which was working at -5...-3 for about two weeks jumped around 0 and is averagely positive, meaning that the 6J future (direct quote) is slightly underpriced, compared with last week, when it was a bit overpriced (compared to the theoretical value). That means there is still room for average length arbitrages, shorter than a month. The strategy risks are practically extinct. But the moral hazard risks?.... Don't ask!

So far, so good... http://img73.imageshack.us/img73/8026/mytradingoct102007dl8.jpg