Auslanco - GBP/JPY and GBP/USD (newstrade)
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
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.
for any newbies like me out there, if you are interested in opening a live acc, i came across forex club who give you real $100 in your acc to start with and you dont have to add up front. its a good way to start with real money presure and the good thing is its not yours if you blow it. They also have DJI and other indicies on there trade table + live breaking news. G/J spread is 8 pips. dont flood this thread with questions if you are interested just google FOREXCLUB. by the way, anyone know how i can get fake passports
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?
I use IGForex they are fix spread and UK stockmarket listed.
One of UK's largest spread betting companies...
Spread on GBP/JPY is 8 and generally i have found their service to be very good and it is getting better all the time
other spreads
eur usd 2
gbp usd 3
usd jpy 3
Only thing is that it close up at end of London close on friday until 10 pm on Sunday.. so you cant trade the last hours of the NY session.. (no big deal as far as i am concerned.. as it all gets a bit dodgy for me after lunchtime in London on a Friday anyway.. )
Hope that helps
long. The charts look good, but I am afraid that europe is going to come in ready to sell everything but the eiffel tower.
