To the financial markets research community in the hopes that it will be useful, whether as a tool for data acquisition, a vehicle for market research, or a starting point for learning and knowledge exchange. The trading shim is a command-line and dbms controlled interface to the socket-based API of Interactive Brokers. That api has a number of advantages for our purposes, including the freely available.

In part 1 we looked at how human psychology pushes prices away from fair value. When there are extreme moves away from fair value you can make a contrary trade to the majority and pile up big profits with low risk. So what tools do you need? Lets take a look. As a general rule these tools will work in any market not just forex markets. What sets ups do you look for? Generally you want a set up that is the news where there is? No end in sight? To a spike move.