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US GDP - Oct 27

  • #21
  • Oct 27, 2006 7:50am Oct 27, 2006 7:50am
Quoting Shafii
For some reason TTN audio did not work when the news was released,
worked fine for me, they even beat the spike...
Relax and be happy.
  • #22
  • Oct 27, 2006 7:54am Oct 27, 2006 7:54am
Quoting merlin
worked fine for me, they even beat the spike...
Damn, I think it's my crappy ISP then.
Thank god my broker software didn't stall.
  • #23
  • Oct 27, 2006 7:55am Oct 27, 2006 7:55am
Quoting Shafii
For some reason TTN audio did not work when the news was released, BK I know you have TTN as well, did you hear them say the number?

Nevertheless, I was fast enough to enter at market in the middle of the spike to catch the remaining 20 pips

I waited for a fade, it didn't seem to hapen, i'm again long with small position eyeing 1.9000
I only have TTN text.. I was listening to CNBC TV and NewsStrike. I heard newstrike's announcer's voice "very surprised" so I knew something BAD with USD. But since I am not a kid anymore, my hand eye brain coordination is not as fast as it used to and in the end, I got a requote (from NF where my buy stop was not posted) and was too late. Lucky, my other broker was OK and filled my buy stop and exits with +20 pips.

No wonder I needed more than 1 broker.. Should one failed on me, the other will do the job.
  • #24
  • Oct 27, 2006 7:59am Oct 27, 2006 7:59am
erlin and anyone else, what brokers do u guys have that u like? I have MB trading and i had 2 stop orders 1 for the GBP and 1 for the CHF and they werent executed very well. I made more than my target on the GBP but i somehow lost 3 pips on the CHF, I was watching nd i was profitabble the whole time and then a red number came out and it executed me out for the 1 second it was red........ I called them and they just said well in news times its so volatile that stuff just happens, what line of CRAP that is . At least i got 16 pips on the GBP but i should have only got 11 lol. So if ya dont mind who hasd a good broker out there for news events and what are some bad ones?
Ghost Swoopen in for my pips while no one is lookin !!
  • #25
  • Oct 27, 2006 8:05am Oct 27, 2006 8:05am
Saudis are propping oil over and above their Opec quota. They did not reduce production as pledged in the last meeting.
I wonder if this will be $+ despite soft GDP and how it will affect the market, any thoughts?
  • #26
  • Oct 27, 2006 8:09am Oct 27, 2006 8:09am
Quoting merlin
had a long discussion with newstrader about this....

http://www.forexfactory.com/forexfor...9&postcount=42
Thanx for the link Merlin.
I see where you are coming from. And I fully understand that your motivation is to help traders. I think that you have to give people all of the data and let them decide for themselves. If they want more insight they can read articles and threads.
Profit is where readiness meets Opportunity
  • #27
  • Oct 27, 2006 8:10am Oct 27, 2006 8:10am
this trade just keeps on paying. I am taking that lst positionoff here at 1.8995
Profit is where readiness meets Opportunity
  • #28
  • Oct 27, 2006 8:16am Oct 27, 2006 8:16am
Did anyone notice how well the usd/jpy performed on this data?
Pretty unusual for the yen to be the big dog.
Profit is where readiness meets Opportunity
  • #29
  • Oct 27, 2006 8:18am Oct 27, 2006 8:18am
Quoting Shafii
I waited for a fade, it didn't seem to hapen, i'm again long with small position eyeing the 1.9000 level
I'm out at 1.8990 with some additional profits, good weekend all
  • #30
  • Oct 27, 2006 8:19am Oct 27, 2006 8:19am
Quoting FXopportunist
Did anyone notice how well the usd/jpy performed on this data?
Pretty unusual for the yen to be the big dog.
Wow that might mean that the GBP has another 20 pips in her, what do u think?
Ghost Swoopen in for my pips while no one is lookin !!
  • #31
  • Oct 27, 2006 8:19am Oct 27, 2006 8:19am
I think this was the best US news trade since the cpi figures in August. If only all news was as easy. I got in at 1.8930 took some at 1.896, and then the some at 1.894 (trail stop hit) and some of the last ones are 1.899.

A good day.
Forex rules
  • #32
  • Oct 27, 2006 8:21am Oct 27, 2006 8:21am
Quoting Ghostpipper
erlin and anyone else, what brokers do u guys have that u like? I have MB trading and i had 2 stop orders 1 for the GBP and 1 for the CHF and they werent executed very well. I made more than my target on the GBP but i somehow lost 3 pips on the CHF, I was watching nd i was profitabble the whole time and then a red number came out and it executed me out for the 1 second it was red........ I called them and they just said well in news times its so volatile that stuff just happens, what line of CRAP that is . At least i got 16 pips on the GBP but i should have only got 11 lol. So if ya dont mind who hasd a good broker out there for news events and what are some bad ones?
Try CMC - they cancelled my stop order at 13.31 BST on GBPUSD for some reason but when I told them to explain, they simply reinstated a few minutes later. so far, they've been spot on (touch wood) it's a S/B account...
  • #33
  • Oct 27, 2006 8:21am Oct 27, 2006 8:21am
great week for me was long on this since 8733 took profits and even caught an add in up to 8990 just under the 9000 mark... currently flat.
  • #34
  • Oct 27, 2006 8:25am Oct 27, 2006 8:25am
Quoting Ghostpipper
Wow that might mean that the GBP has another 20 pips in her, what do u think?
I have a nice target on the euro at 1.2764 And I expect to see the Franc test 1.2450 so yes, it could happen. I am out and done for the day though 1.8990 was 50 pips for me. had a limit at 95 but it was not triggered so I manualy closed at 90. Nice finish to a lame week.
Profit is where readiness meets Opportunity
  • #35
  • Oct 27, 2006 8:26am Oct 27, 2006 8:26am
all the while my call option is working on the background my premium has doubled now to 0.0300... total option value 3000.00 this is only demo but im learning some good ways to hedge my spot positions.. Got a buy put working also just in case... expiration is in november. Options are awsome tools.
  • #36
  • Oct 27, 2006 8:28am Oct 27, 2006 8:28am
Quoting cerbera
Try CMC - they cancelled my stop order at 13.31 BST on GBPUSD for some reason but when I told them to explain, they simply reinstated a few minutes later. so far, they've been spot on (touch wood) it's a S/B account...
what do u mean touch wood? and what is S/B account, and they just cancelled your order for no reason?
Ghost Swoopen in for my pips while no one is lookin !!
  • #37
  • Oct 27, 2006 8:30am Oct 27, 2006 8:30am
I bet FX is happy it just hit 8998
Ghost Swoopen in for my pips while no one is lookin !!
  • #38
  • Oct 27, 2006 8:31am Oct 27, 2006 8:31am
Quoting Ghostpipper
what do u mean touch wood? and what is S/B account, and they just cancelled your order for no reason?
People are just used to that kind of abuse. LOL
Profit is where readiness meets Opportunity
  • #39
  • Oct 27, 2006 8:35am Oct 27, 2006 8:35am
OK i hate MB for news this is ridiculous, i put a limit to short at 9000 and i didnt get filled there goes that 10 pips i just saw go by
Ghost Swoopen in for my pips while no one is lookin !!
  • #40
  • Oct 27, 2006 8:36am Oct 27, 2006 8:36am
Quoting Ghostpipper
OK i hate MB for news this is ridiculous, i put a limit to short at 9000 and i didnt get filled there goes that 10 pips i just saw go by
Did you see 9000 flash on your platform?
Profit is where readiness meets Opportunity
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