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

  • #32,121
  • Sep 25, 2007 7:28pm Sep 25, 2007 7:28pm
I am with Dbfx they are reliable and execution is really fast no issues with them at all.
  • #32,122
  • Sep 25, 2007 7:30pm Sep 25, 2007 7:30pm
Quoting Hakuna Matata
anyone long panicking?? lol
markam and vishal--fundies still point g/j to go south
my 15 min sugnal is already short and 40 pips in profit

ill still wait 40 min b4 adding more short if all signals line up

candle is already below 50ema 1hr

all u longs-- dont just hope and pray--as Zoran mentioned --its right in the middle--but shorts look more favoured so far

im still waiting
I'm expecting a long trade by mid asian. if the price stays above the Tokyo Pivot.
  • #32,123
  • Sep 25, 2007 7:32pm Sep 25, 2007 7:32pm
My daily pivot for Asian sesson is 231.15 with 1900EST on VT trader .Has anybody got any different?
  • #32,124
  • Sep 25, 2007 7:33pm Sep 25, 2007 7:33pm
Quoting auslanco
I dont have any experience with IBFX. But there are many traders here who are with IBFX , maybe they could provide the information you need.
I am with IBFX. They are pretty good except for freezing the platform during news and widening the spreads when the mkt isnt even moving AND during news. You also have to watch entry orders. A lot of times they will not fill it and one more thing...they try to sneak swap in on you when you enter short after 5pm (which they arent suppose to) and it usually occurs on wednesdays.lol But I think most brokers have their own problems, we just have to get use to one or a few brokers and learn to trade around it.Its part of the business I think.
  • #32,125
  • Sep 25, 2007 7:36pm Sep 25, 2007 7:36pm
Quoting mansaf6
My daily pivot for Asian sesson is 231.15 with 1900EST on VT trader .Has anybody got any different?
yepp same
  • #32,126
  • Sep 25, 2007 7:37pm Sep 25, 2007 7:37pm
Quoting Val144
I have for Tokyo DP 231.16 on mt4, is it OK?
Hey Val, can you help me with the GMToffset value on the pivot indicator i live in Mountain Time and i cant seem to get it to work i always have to set it manually, thanks
  • #32,127
  • Sep 25, 2007 7:39pm Sep 25, 2007 7:39pm
Quoting PipChick
I am with IBFX. They are pretty good except for freezing the platform during news and widening the spreads when the mkt isnt even moving AND during news. You also have to watch entry orders. A lot of times they will not fill it and one more thing...they try to sneak swap in on you when you enter short after 5pm (which they arent suppose to) and it usually occurs on wednesdays.lol But I think most brokers have their own problems, we just have to get use to one or a few brokers and learn to trade around it.Its part of the business I think.
pipchick:

That is not true. i have not had those problems at all with fxdd. I am speaking from experience. a trader should not have to watch these things that you speak of. I know what you are talking about because i used them for about a year. I needed to focus more on trading rather than worrying about my broker screwing me. I am very happy with fxdd.

http://www.forexrealm.com/brokers-reviews/
  • #32,128
  • Sep 25, 2007 7:41pm Sep 25, 2007 7:41pm
Here's somethin which I posted sometime back:
Quoting auslanco
Number of new traders have asked me the reason about the brokers un-willingness to fill orders during the volatile news times.
I will explain this in simple terms so all newbie’s can get a clear picture how the system works.
Every time you buy a currency there has to be someone out there to sell it. Every time you sell a currency , there has to be someone to buy it. It’s just like if you are a baker and you want sell bread there has to be someone to buy bread from you and vice versa, If you want to buy bread , there has to be someone to sell bread. Simple as that!
Therefor immediately after a news release if one currency, say GBP going up 100 miles per hour every trader in the world wants to buy GBP, who on earth would want to sell their GBP. There for it’s obvious that your broker cant find a seller for your order and your order wont get filled.
To overcome this situation some brokers freeze their platform to discourage their customers trading news and some brokers fill your order when ever they find a seller, resulting a bad fill.


It’s not too hard to understand is it?
  • #32,129
  • Sep 25, 2007 7:43pm Sep 25, 2007 7:43pm
Quoting bmwboyee
pipchick:

That is not true. i have not had those problems at all with fxdd. I am speaking from experience. a trader should not have to watch these things that you speak of. I know what you are talking about because i used them for about a year. I needed to focus more on trading rather than worrying about my broker screwing me. I am very happy with fxdd.
Im use to it bmw..lol I just work around it.
  • #32,130
  • Sep 25, 2007 7:43pm Sep 25, 2007 7:43pm
Quoting Phonetic
Nice entry, lets enjoy the slowww move up. I have not determined a TP yet...thinking 231.87, thats the top of the last move up.
Hey! Someone let the bears in while I was gone!

Luckily I did get good position, and that might save me from a minor loss on this trade. I'll recheck the charts and figure out whether I want to exit or keep the long.

Ron http://www.forexfactory.com/images/icons/icon14.gif
  • #32,131
  • Sep 25, 2007 7:44pm Sep 25, 2007 7:44pm
Quoting auslanco
Here's somethin which I posted sometime back:
alright, lets change the subject, cause this could get into an agruement of if forex is truly a zero sum market
  • #32,132
  • Sep 25, 2007 7:47pm Sep 25, 2007 7:47pm
Quoting auslanco
I'm expecting a long trade by mid asian. if the price stays above the Tokyo Pivot.

only if i see a close above 50ema 1hr--otherwise--nope--i want assume!
it would be even better if we get a close above 50ema 4hr!
  • #32,133
  • Sep 25, 2007 7:48pm Sep 25, 2007 7:48pm
I do not have a large account yet, but so far NorthFinace has been real good about executing trades even at high traffic hrs. I love there 500:1 Leverage.

COME ON BEARS!:
Life is a game, play it well, their is no restart!
  • #32,134
  • Sep 25, 2007 7:48pm Sep 25, 2007 7:48pm
Quoting PipChick
I am with IBFX. They are pretty good except for freezing the platform during news and widening the spreads when the mkt isnt even moving AND during news. You also have to watch entry orders. A lot of times they will not fill it and one more thing...they try to sneak swap in on you when you enter short after 5pm (which they arent suppose to) and it usually occurs on wednesdays.lol But I think most brokers have their own problems, we just have to get use to one or a few brokers and learn to trade around it.Its part of the business I think.
I must agree with bmwboyee, I have never experienced any of the issues you have mentioned above with, FXCM,MAN,CMS,FXDD or Oanda.
Oanda once widened their spread by 200pips but they refunded all the losses to the clients.
  • #32,135
  • Sep 25, 2007 7:49pm Sep 25, 2007 7:49pm
Nothing like an Asian session to put me to sleep. I want to work at a Japanese hedge fund.. get paid for doing nothing
  • #32,136
  • Sep 25, 2007 7:51pm Sep 25, 2007 7:51pm
Quoting bmwboyee
pipchick:

That is not true. i have not had those problems at all with fxdd. I am speaking from experience. a trader should not have to watch these things that you speak of. I know what you are talking about because i used them for about a year. I needed to focus more on trading rather than worrying about my broker screwing me. I am very happy with fxdd.

http://www.forexrealm.com/brokers-reviews/
I think she was talking about a different broker IBFX and not FXDD. Anyway Im using FXsol....so far no probs with them.....
  • #32,137
  • Sep 25, 2007 7:51pm Sep 25, 2007 7:51pm
hi guys what is the way to program the pivot indacator set up on VT trader??
Quoting mansaf6
My daily pivot for Asian sesson is 231.15 with 1900EST on VT trader .Has anybody got any different?
  • #32,138
  • Sep 25, 2007 8:00pm Sep 25, 2007 8:00pm
tgt for g/u--2/0140 and then 2.0100
  • #32,139
  • Sep 25, 2007 8:00pm Sep 25, 2007 8:00pm
Anyone long or short??

My Daily bar shows it wants to drop down 100 miles per hour.. But on the smaller TF shows a bullish attitude. I'm waiting for 15min QQE1 to cross back up to go long or a proper short set-up.
  • #32,140
  • Sep 25, 2007 8:01pm Sep 25, 2007 8:01pm
Quoting turn1to100
hi guys what is the way to program the pivot indacator set up on VT trader??
As AUS has mentioned in one of earlier posts


Only take the short trade if the signal genrates below the Daily Pivot level.
Long trade , if the signal generates above the daily pivot level.

Change your Daily setting at the start of every session.
 Session Daily Pivots.. on VT


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