My problem: I can't quite figure out how/where I can trade the futures/forex market. Can a person in Australia place trades on the NYMEX? I've been doing a bit of research, and I'm just getting confused after reading forums and articles here and there. There are some AU-based people using MetaTrader, NinjaTrader, Interactive Brokers etc etc. Aren't these US-based companies/software? Do I have to open accounts with them to trade?
I'm currently trading CFDs (with IG-Markets) using a fairly straightforward process. Make my analysis using a 3rd party charting program, and then place my trades the next day. IG-Markets is DMA, so I'm looking at the same prices when I'm using my charting software.
IG-Markets seems to have futures contracts as well, but they don't seem to be the same with the prices I'm seeing for the NYMEX (via BodhiGold)
I'm planning to get Amibroker (love the backtesting and ability to customise!) and a separate data feed from JustData. I'd like to be able to use the same approach as with my CFD/shares trading i.e. Make my analysis/scans in Amibroker, and then place trades with a broker. If I'm looking at NYMEX data, I'd rather be placing a trade that is based on NYMEX data. Similarly with forex.
Can someone please enlighten me?