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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #17,601
  • Aug 29, 2007 12:16am Aug 29, 2007 12:16am
Quoting ssotiro
I am Aus. How can I help you?
I'm looking for a fixed spread broker to trade on monday mornings.. I know their Backend is managed by FXCM. How is there execution & customer service?? are you happy with them?
  • #17,602
  • Aug 29, 2007 12:18am Aug 29, 2007 12:18am
Quoting khaled22
what long @ 228.42 tp 232.48 ??????
No Khaled.. It's 5 SMA.. when ever the price hits the 5 SMA that will be my entry..It could be 228.42, 251 or 210.. .. Hope you get my point.
  • #17,603
  • Aug 29, 2007 12:18am Aug 29, 2007 12:18am
So far so good. Customer service isfine. Would like to see lower spreads though. Currently, I'm looking at:
6 pips G/U
9pips G/J
4pips E/J
3 pips E/U
  • #17,604
  • Aug 29, 2007 12:19am Aug 29, 2007 12:19am
Quoting markam
we have been hovering around the 4-hr 5sma for a while now. It might continue up when europe comes online, but at this point, I am thinking we are more likely to turn bearish and head down.
229.00is a big level to break. failure to break this level sends us back to227.50 and opens the door to 225.00
double top on the sixty min.chart we are in the 220.00 to 230.00 pip range 229.00 is crucial
  • #17,605
  • Aug 29, 2007 12:21am Aug 29, 2007 12:21am
Quoting ssotiro
So far so good. Customer service isfine. Would like to see lower spreads though. Currently, I'm looking at:
6 pips G/U
9pips G/J
4pips E/J
3 pips E/U
yehh GJ nine is ok compared to 10-20 with other brokers on Monday's and news time..how about the platform during the high volatile times.. Does it get freezed?
  • #17,606
  • Aug 29, 2007 12:21am Aug 29, 2007 12:21am
This has to be one of the more confusing statements I've ever read. What did you say?

Quoting 59fender
229.00is a big level to break failure to break this level sends us back to227.50 and opens the door to 235.00
double top on the sixty min.chart we are in the 220.00 to 230.00 pip range 229.00 is crucial
  • #17,607
  • Aug 29, 2007 12:24am Aug 29, 2007 12:24am
Quoting bill77
new candle opened way above 1h 5sma now is anyone going to whait for a retrace to 5sma before entering lond or will it go up from here.
I think I'll wait awhile and try to catch the 5SMA. It's just ranging right now, anyway.
  • #17,608
  • Aug 29, 2007 12:24am Aug 29, 2007 12:24am
Quoting frank99
This has to be one of the more confusing statements I've ever read. What did you say?
if you check I fixed that post now reads 225.00
  • #17,609
  • Aug 29, 2007 12:25am Aug 29, 2007 12:25am
Quoting auslanco
yehh GJ nine is ok compared to 10-20 with other brokers on Monday's and news time..how about the platform during the high volatile times.. Does it get freezed?
Usually, I am already in a trade by then, so I do not know if requotes happen.

I have not seen the platform freeze. I've been using a live account since early June this year.
  • #17,610
  • Aug 29, 2007 12:29am Aug 29, 2007 12:29am
Quoting ssotiro
Usually, I am already in a trade by then, so I do not know if requotes happen.

I have not seen the platform freeze. I've been using a live account since early June this year.
Thanks Mate ..I used to have a account with them when they first launched... I was quite happy with themm.. I need a Fixed spread broker for Monday tokyo and looking at GFT and DBFX as my options..
  • #17,611
  • Aug 29, 2007 12:30am Aug 29, 2007 12:30am
Thanks. that does help.


Frank

Quoting 59fender
if you check I fixed that post now reads 225.00
  • #17,612
  • Aug 29, 2007 12:31am Aug 29, 2007 12:31am
Quoting auslanco
No Khaled.. It's 5 SMA.. when ever the price hits the 5 SMA that will be my entry..It could be 228.42, 251 or 210.. .. Hope you get my point.
Interestingly enough, 1 hour SMA currently away from the price, where as 4 hr SMA is almost current price.

Usually 4 hr sma is further away from current price...
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #17,613
  • Aug 29, 2007 12:32am Aug 29, 2007 12:32am
Quoting 59fender
229.00is a big level to break. failure to break this level sends us back to227.50 and opens the door to 225.00
double top on the sixty min.chart we are in the 220.00 to 230.00 pip range 229.00 is crucial
I would agree that if we don't break the current resistance, it'll head back down. It's too volatile a pair to range for very long, and if it can't move up it will move down.

Could you elucidate on the significance of 229.00 a little more?

Thanks,

Ron
  • #17,614
  • Edited 12:37am Aug 29, 2007 12:34am | Edited 12:37am
Quoting Pips_Cruiser
I would agree that if we don't break the current resistance, it'll head back down. It's too volatile a pair to range for very long, and if it can't move up it will move down.

Could you elucidate on the significance of 229.00 a little more?

Thanks,

Ron

Not that it means anything . . . but the 200 EMA 5mn is sitting on top of current price. Has been for a while. @ 229.25
  • #17,615
  • Aug 29, 2007 12:36am Aug 29, 2007 12:36am
Quoting TradeStar
Interestingly enough, 1 hour SMA currently away from the price, where as 4 hr SMA is almost current price.

Usually 4 hr sma is further away from current price...
yepp the price doesnt want to leave the 4hr 5 sma until 1hr 5 sma hits the price.. then the 1hr 5 SMA will push the price towards daily 5 SMA...

Hope you guys can understand this jargon..I dont know any better way to explain this... I guess this is the reason I decided to make money trading forex but not selling forex tutorials
  • #17,616
  • Aug 29, 2007 12:36am Aug 29, 2007 12:36am
Quoting auslanco
yehh GJ nine is ok compared to 10-20 with other brokers on Monday's and news time..how about the platform during the high volatile times.. Does it get freezed?

Aus, I also have account with FXSOL, 9 pips fixed. It is pretty good so far, freeze time is not often during volatile moment. Customer service ok.
I really like their trading platform with embedded market news. Its new is quick and quite complete. Try it yourself with demo.
  • #17,617
  • Aug 29, 2007 12:37am Aug 29, 2007 12:37am
Quoting auslanco
Thanks Mate ..I used to have a account with them when they first launched... I was quite happy with themm.. I need a Fixed spread broker for Monday tokyo and looking at GFT and DBFX as my options..
I used to have a deom account with GFT. I really liked their charts. I went with DBFX in the end,mainly because it was easier for me to send the money from Greece to Germany.
  • #17,618
  • Aug 29, 2007 12:39am Aug 29, 2007 12:39am
Quoting frank99
Thanks. that does help.


Frank
she's having a real hard time at 229.00
  • #17,619
  • Aug 29, 2007 12:39am Aug 29, 2007 12:39am
Quoting mktjong
Aus, I also have account with FXSOL, 9 pips fixed. It is pretty good so far, freeze time is not often during volatile moment. Customer service ok.
I really like their trading platform with embedded market news. Its new is quick and quite complete. Try it yourself with demo.
Thanks Mkt, I have heard good about fxsol too.. I definitely want to give it a try on demo.
  • #17,620
  • Aug 29, 2007 12:40am Aug 29, 2007 12:40am
Quoting ssotiro
I used to have a deom account with GFT. I really liked their charts. I went with DBFX in the end,mainly because it was easier for me to send the money from Greece to Germany.

GFT is horrible.

They move your positions everyday in the rollover.. so you go long at 230.00 and the next day it's 232.00. That's +200 pips, but they've moved your position to 231.95 so when you login it says +5 pips.. you really need a spreadsheet to keep track of your trades.
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