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Cable Update (GBPUSD)

  • #25,301
  • Aug 16, 2007 4:37pm Aug 16, 2007 4:37pm
  •  tazmet
  • | Joined Jun 2007 | Status: Gold Member - Solid Gold Baby! | 47 Posts
You didn't have any problems with your trades on FXCM during recent events? Do you use their chart plugin? I tried their demo account but their chart frequently failed to update and would stall constantly. Maybe just with demo accounts, but that's a turnoff for me. Tech support said it was my problem and then later said it was their problem and that they would take care of it after I ran a ping and tracert. Then they never got back to me. I do like the fact that they have trailing stops.

Quoting Warper
I just don't know how can be possible to be in any broker if not FXCM.

I've never seen FXCM widening spreads on mega volatibility periods.

When ppl talk about 20 pip spreads on Oanda, i just go and then i , i confess...

Lightning execution and lots of capital... so, no danger to get robbed.

They even have "one click" execution if we want. And they never disconnect.

The only thing we might talk about, is them widening the spread about 1 pip, during low volatibility moments like between the end of US session and the opening of the Asian session. I don't really care... i'm not a scalper.

GBP/JPY spread is about 7 pips during London/New York sessions. It rises to 11 pips in that low activity period.

But Eur/Jpy is always 3-4 pips.
My business model Get pips => Keep Pips => Repeat
  • #25,302
  • Aug 16, 2007 4:38pm Aug 16, 2007 4:38pm
first. congrats to SeekingLight on his 8000+ pips profit this week ALONE.

//

as always.

AJ i trade 3x my usual lots.

currently up 3400+ pips.

yesterdays lose 580- pips.
this was also due to AJ trade which was 3x the usual amount of loss.
included in the loss is my usdcad trade.

however, earlier today i got +75 pips from usdcad short.

3400-580+75=2895+ pips for this week.

Attached Image (click to enlarge)
Click to Enlarge Name: images.jpg Size: 43 KB


Cha-Ching!
Cha-Ching!!
Cha-Ching!!!

Attached Image


goal after goal. pips after pips. profit after profits.

bravado.
a pro.

//

updated screen cap while i was typing this.

Attached Image (click to enlarge)
Click to Enlarge Name: images2.jpg Size: 45 KB


i believe i'm well over 3500+ pips for this week.
BAM BAM BOOM! -bravado
  • #25,303
  • Aug 16, 2007 4:40pm Aug 16, 2007 4:40pm
Party on Ipanema beach to celebrate bravado's 1 billion pips mark still on
  • #25,304
  • Aug 16, 2007 4:42pm Aug 16, 2007 4:42pm
Quoting bullrock
I had to miss a 100 pip move because OANDA experiencing "connectivity issues". I have to switch broker immediately...

Worked fine here all day, entering, exiting and booking thousands of pips without a single glitch or hitch and they only widened spread after 15pm after that 115 -> 113 UJ massacre.

It wasn't their platform here. Quite possibly a pc problem / Java RE problem of yours.
Trust price. Know yourself.
  • #25,305
  • Aug 16, 2007 4:44pm Aug 16, 2007 4:44pm
Looooooooool look to the chart i'm long from here
Attached Image (click to enlarge)
Click to Enlarge Name: 55.jpg Size: 89 KB
  • #25,306
  • Aug 16, 2007 4:49pm Aug 16, 2007 4:49pm
Quoting SeekingLight
Also?

I can't believe this market still has buyers. I really don't understand WHO is buying.
Quoting cesarnc
Party on Ipanema beach to celebrate bravado's 1 billion pips mark still on
i told you i was hardcore.

goal after goal. pips after pips. profit after profits.

bravado.
a pro.
BAM BAM BOOM! -bravado
  • #25,307
  • Aug 16, 2007 4:49pm Aug 16, 2007 4:49pm
Quoting bravado
first. congrats to SeekingLight on his 8000+ pips profit this week ALONE.

//

as always.

AJ i trade 3x my usual lots.

currently up 3400+ pips.

yesterdays lose 580- pips.
this was also due to AJ trade which was 3x the usual amount of loss.
included in the loss is my usdcad trade.

however, earlier today i got +75 pips from usdcad short.

3400-580+75=2895+ pips for this week.

Attachment

Cha-Ching!
Cha-Ching!!
Cha-Ching!!!

Attachment

goal after goal. pips after pips. profit after profits.

bravado.
a pro.

//

updated screen cap while i was typing this.

Attachment

i believe i'm well over 3500+ pips for this week.


Touch the wood

  • #25,308
  • Aug 16, 2007 4:50pm Aug 16, 2007 4:50pm
Quoting SeekingLight
Worked fine here all day, entering, exiting and booking thousands of pips without a single glitch or hitch and they only widened spread after 15pm after that 115 -> 113 UJ massacre.

It wasn't their platform here. Quite possibly a pc problem / Java RE problem of yours.
Nope... Two PCs cannot fail sorry... Plus I have an 8 meg line... And when I had a chat with them they have acknowledged their connectivity problem.... Sorry... Plus I know my PCS and most importantly java and c++ especially because they are my main tools... sp PLEASE do not teach me.... I always seek the problem in ME FIRST but this time the problem was with OANDA>....
.
  • #25,309
  • Aug 16, 2007 4:50pm Aug 16, 2007 4:50pm
  •  tazmet
  • | Joined Jun 2007 | Status: Gold Member - Solid Gold Baby! | 47 Posts
Ummm, better check Oanda's forums. Pages and pages of problem with a sticky at the top from tech support indicating technical difficulties. Not sure where you're located - may have something to do with it. Maybe certain areas were affected.

Quoting SeekingLight
Worked fine here all day, entering, exiting and booking thousands of pips without a single glitch or hitch and they only widened spread after 15pm after that 115 -> 113 UJ massacre.

It wasn't their platform here. Quite possibly a pc problem / Java RE problem of yours.
My business model Get pips => Keep Pips => Repeat
  • #25,310
  • Aug 16, 2007 4:51pm Aug 16, 2007 4:51pm
Quoting bullrock
Nope... Two PCs cannot fail sorry... Plus I have an 8 meg line... And when I had a chat with them they have acknowledged their connectivity problem.... Sorry... Plus I know my PCS and most importantly java and c++ especially because they are my main tools... sp PLEASE do not teach me.... I always seek the problem in ME FIRST but this time the problem was with OANDA>....
I have two laptops and 1 PC in the house and was jumping around like a fool. Npothing worked...
.
  • #25,311
  • Aug 16, 2007 4:51pm Aug 16, 2007 4:51pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting tazmet
You didn't have any problems with your trades on FXCM during recent events? Do you use their chart plugin? I tried their demo account but their chart frequently failed to update and would stall constantly. Maybe just with demo accounts, but that's a turnoff for me. Tech support said it was my problem and then later said it was their problem and that they would take care of it after I ran a ping and tracert. Then they never got back to me. I do like the fact that they have trailing stops.
there chart package is week, so i keep small charts open from there package and use MT4 for my setups.

Maybe that why they are good at the platform stuff, not messing about with charts, they offer plenty of other chart packages that work with there platform for you to choose from.
  • #25,312
  • Aug 16, 2007 4:52pm Aug 16, 2007 4:52pm
http://www.forexfactory.com/brokers.php
Quoting bullrock
If I change broker I need someone where I can deal from my pda. Royal Trader uses metatrader and I think that the pda version is very very cool.
Here are lists of brokers and their spreads. I personally don't recommend FXCM if you like to charts or graphs. They're terrible and not very efficient at all. I'm currently using CMS Forex and their spreads are same as before or after news time, but sometimes they have slow executions. They don't use Metatrader but VT Trader platforms and that's a little annoying sometimes. Good luck.

http://www.forexfactory.com/brokers.php
  • #25,313
  • Aug 16, 2007 4:54pm Aug 16, 2007 4:54pm
Quoting SeekingLight
Worked fine here all day, entering, exiting and booking thousands of pips without a single glitch or hitch and they only widened spread after 15pm after that 115 -> 113 UJ massacre.

It wasn't their platform here. Quite possibly a pc problem / Java RE problem of yours.
Congrat for your pips.... Good for you...
.
  • #25,314
  • Aug 16, 2007 4:54pm Aug 16, 2007 4:54pm
Quoting bravado
ok but could you please make this chart any bigger?

for crying out loud. why don't you just come break my monitor.


850×750 Pixels is convenience size
  • #25,315
  • Aug 16, 2007 5:02pm Aug 16, 2007 5:02pm
http://www.krycek.de/blog/wp-content...nslation-2.jpg

http://farm1.static.flickr.com/145/4...21cfab9383.jpg

Bob: For relaxing times, make it Suntory time!

http://content.answers.com/main/cont...on_still_1.jpg

//

be back later. as i have have some *IMPORTANT* things to do atm.

congrats to all those who profitted today.
BAM BAM BOOM! -bravado
  • #25,316
  • Aug 16, 2007 5:02pm Aug 16, 2007 5:02pm
Cramer recommended buying the calls on Countrywide Financial, stopping at $15, but investors shouldn't buy the common stock, he said.Annaly Capitalbeing down was "ludicrous," Cramer said, especially because it's "the only mortgage player that doesn't take credit risk."


"You short [CEO] Mike Farrell you're an idiot," he said, adding that the chief executive is "money in the bank."
Cramer said the dip in Annaly shares was just a case of the baby being thrown out with the bath water.





Watching the video now...
  • #25,317
  • Aug 16, 2007 5:02pm Aug 16, 2007 5:02pm
Quoting bravado
first. congrats to SeekingLight on his 8000+ pips profit this week ALONE.

i believe i'm well over 3500+ pips for this week.

How many % did those pips move? I'm really curious

I risk verrrrrrrrrrrrrrrrrrrry little.
Trust price. Know yourself.
  • #25,318
  • Aug 16, 2007 5:07pm Aug 16, 2007 5:07pm
Quoting bullrock
Nope... Two PCs cannot fail sorry... Plus I have an 8 meg line... And when I had a chat with them they have acknowledged their connectivity problem.... Sorry... Plus I know my PCS and most importantly java and c++ especially because they are my main tools... sp PLEASE do not teach me.... I always seek the problem in ME FIRST but this time the problem was with OANDA>....


Well it's not about bandwith...but if there were forum reports and issues, too, then that can happen. The only time I get glitches is around 10-11pm my time sometimes, socket timeouts. That's about it. Sorry, no offense meant, just trying to help find a possible cause since it's Java based...worked okay here, glad that it did
Trust price. Know yourself.
  • #25,319
  • Aug 16, 2007 5:12pm Aug 16, 2007 5:12pm
Quoting tazmet
You didn't have any problems with your trades on FXCM during recent events? Do you use their chart plugin? I tried their demo account but their chart frequently failed to update and would stall constantly. Maybe just with demo accounts, but that's a turnoff for me. Tech support said it was my problem and then later said it was their problem and that they would take care of it after I ran a ping and tracert. Then they never got back to me. I do like the fact that they have trailing stops.
I don't use their chart on the station. Once i asked if they were trying to improve it, and they said, "yes, but we are specialists in execution not in charts, however, we have lots of charts avaiable."

http://www.fxcm.com/charting-options-exchange.jsp

http://www.fxcm.com/charting-options3.jsp

I cant understand how can someone prefers a good chart forex company, instead of a SAFE and Fast execution company. Is the trader that makes profit. Blaming the charts is not an option.

Regarding your problem, yes, it's demo problems, i've seen it before, but they dont happen on live accounts.




Look at their message now:

****PLEASE BE ADVISED - Due to the higher market volatility over the past few days
spreads on currency pairs are wider then normal. This a result of the ongoing credit
issues affecting the global marketplace. During these times there is a lot of uncertainty
in the marketplace and this will lead to increased spreads on currency pairs as banks
will also act in a risk-averse fashion. Spreads will return to normal as the extreme
events in the market subside.

As a non-dealing desk firm, FXCM will provide clients with the best available prices
directly on the FXCM Trading Station from the banks, but we do want traders to be aware
of current market conditions and how it can effect their trading. As a result we advise
traders to be careful during these market conditions as the market can make very large
and volatile swings. Please ensure that your account is not overleveraged and sound risk
management principles are in place.



Aren't they sweet?

And look at the actual spreads. Not really outrageous....

Notice that i am on EST + 5 time.

http://img440.imageshack.us/img440/2338/spreadsip2.jpg
  • #25,320
  • Aug 16, 2007 5:14pm Aug 16, 2007 5:14pm
Quoting SeekingLight
Well it's not about bandwith...but if there were forum reports and issues, too, then that can happen. The only time I get glitches is around 10-11pm my time sometimes, socket timeouts. That's about it. Sorry, no offense meant, just trying to help find a possible cause since it's Java based...worked okay here, glad that it did
Thanks for your help anyway... Good for you... Probably because you are in Geramny and I am in the UK... They COULD have connectivity problems... I am gonna leave them anyway.. I am travelling a lot and I need a PDA platform. Plus this CANNOT happen again so I need another broker who is MORE reliable.. Whatever... Thank you anyway again
.
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