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  • #7,481
  • Apr 26, 2008 9:10pm Apr 26, 2008 9:10pm
Mine still show @ 1.5631 ...using ODL
  • #7,482
  • Apr 26, 2008 10:07pm Apr 26, 2008 10:07pm
Quoting Tmac
best broker IMHO

Dukascopy............spread, execution and security is enough for me. Do not know deposit requirements but excellent broker and FAST execution.

MT4 I use FxPro and IBFX, people bitch about IBFX but when I have used them I never had problems.
what do you think about ODL?
  • #7,483
  • Apr 27, 2008 12:27am Apr 27, 2008 12:27am
Quoting ulotoyebtaa
Which currency is CNY?
Chineese.. Oanda has that pair, and it only goes one way... Of course, some people including myself want more than a few times their account per year so suit yourself..
On the path to Enrichment.
  • #7,484
  • Apr 27, 2008 12:59am Apr 27, 2008 12:59am
Quoting sonicdeejay
Mine still show @ 1.5631 ...using ODL
if i'm not mistaken ODL close at 1.5629,
diz da chart which i took from ODL metatrader
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  • #7,485
  • Edited 7:02am Apr 27, 2008 6:45am | Edited 7:02am
When t mkt will open tomorrow?? i m from GMT+8 time zone
  • #7,486
  • Apr 27, 2008 9:48am Apr 27, 2008 9:48am
Quoting sonicdeejay
When t mkt will open tomorrow?? i m from GMT+8 time zone
Markets don't really "open" at a set time. Look at Forexfactory's front page and click on Sydney or Tokyo if you want some approximate times of when you'll start seeing movement. Remember that there's probably very little volume traded at these times so prices can change quickly and most forex sites have relatively large spreads during these times.

As a side note...Oanda just showed another 2 pip drop on EURUSD prior to active trading.
  • #7,487
  • Apr 27, 2008 9:52am Apr 27, 2008 9:52am
The market never sleeps...
  • #7,488
  • Apr 27, 2008 10:14am Apr 27, 2008 10:14am
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  • #7,489
  • Apr 27, 2008 11:04am Apr 27, 2008 11:04am
I was always taught to form a trendline, you need at least 2 distinct lows or highs. There is no way I would go short on something like this and I am not trying to put you down. I am just saying to be carefull with shorts here. Here is my Daily UTL and it is confirmed by my 4 hr UTL, I will be looking to go up here. Just my 2 cents.

Jim

Quoting warta
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  • #7,490
  • Apr 27, 2008 11:24am Apr 27, 2008 11:24am
Quoting hard1head1
I was always taught to form a trendline, you need at least 2 distinct lows or highs. There is no way I would go short on something like this and I am not trying to put you down. I am just saying to be carefull with shorts here. Here is my Daily UTL and it is confirmed by my 4 hr UTL, I will be looking to go up here. Just my 2 cents.

Jim

hey jim hows u bro ?
happy easter 1st and tkx for ur reply
if u look at my chart its not a daily chart but weekly , 2nd am not looking only on the trend but the bearish Outside vertical bar
so sure we will see 1st a retrace up but this pattern show a bearish action
  • #7,491
  • Apr 27, 2008 11:47am Apr 27, 2008 11:47am
Quoting hard1head1
I was always taught to form a trendline, you need at least 2 distinct lows or highs. There is no way I would go short on something like this and I am not trying to put you down. I am just saying to be carefull with shorts here. Here is my Daily UTL and it is confirmed by my 4 hr UTL, I will be looking to go up here. Just my 2 cents.

Jim
I agree. I have double bottom on 15m and 1hr chart. Looking for trendline break to upside which will occur around 1.5650 on 15m, 1hr and 4 hr charts.

Some resistance around 1.5667 which looks as if it will correspond with lower trendline and/or pivot on USD/CHF.
  • #7,492
  • Apr 27, 2008 12:14pm Apr 27, 2008 12:14pm
And a 20 or 30 pip Gap down would be most welcome. We also could lay a claim to a humongus Rising Bearish Wedge. Any trade long here would be with the trend. By the way, from the bottom to the top is approx. 400 + pips

Jim


Quoting tamster
I agree. I have double bottom on 15m and 1hr chart. Looking for trendline break to upside which will occur around 1.5650 on 15m, 1hr and 4 hr charts.

Some resistance around 1.5667 which looks as if it will correspond with lower trendline and/or pivot on USD/CHF.
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  • #7,493
  • Apr 27, 2008 12:54pm Apr 27, 2008 12:54pm
Quoting hard1head1
And a 20 or 30 pip Gap down would be most welcome. We also could lay a claim to a humongus Rising Bearish Wedge. Any trade long here would be with the trend. By the way, from the bottom to the top is approx. 400 + pips

Jim
Didn't notice that - looks good - nice if it plays out and there are 5 hits on that top trendline so next hit should go through!!
  • #7,494
  • Apr 27, 2008 1:14pm Apr 27, 2008 1:14pm
Quoting tamster
Didn't notice that - looks good - nice if it plays out and there are 5 hits on that top trendline so next hit should go through!!
Be careful with those longs! Stimulus checks go out tomorrow. Market speculation will perceive that as a good push for the U.S economy. Also if you haven't heard, Bp has shut down a major oil pipe line this morning due to a strike. It may be london, but that will push the dollar stronger also.
All that is left in FF is just plain garbage. "Cloggie"
  • #7,495
  • Apr 27, 2008 1:22pm Apr 27, 2008 1:22pm
What about FED meeting on 30th april?
Maybe some longs will be good, and one more attack on 1,6?
  • #7,496
  • Apr 27, 2008 1:43pm Apr 27, 2008 1:43pm
Quoting magictrader
What about FED meeting on 30th april?
Maybe some longs will be good, and one more attack on 1,6?
That is true. But also keep in mind that the possibility of the feds not doing a rate cut. Bush moved that stimulus rebate up to the beginning of the week for a reason. Question is, what and who is he trying to influence by that.
All that is left in FF is just plain garbage. "Cloggie"
  • #7,497
  • Apr 27, 2008 1:49pm Apr 27, 2008 1:49pm
Quoting forexmoments
The market never sleeps...
Who are the people trading forex during the weekend and in what markets? Why are the brokerage firms closed if there is trading going on? They would be missing the opportunity to make money during the weekend.
Expected the unexpected
  • #7,498
  • Apr 27, 2008 1:51pm Apr 27, 2008 1:51pm
Quoting scyang
Who are the people trading forex during the weekend and in what markets? Why are the brokerage firms closed if there is trading going on? They would be missing the opportunity to make money during the weekend.
Good question. On my Oanda charts this weekend, I saw no movement.
All that is left in FF is just plain garbage. "Cloggie"
  • #7,499
  • Apr 27, 2008 1:56pm Apr 27, 2008 1:56pm
Quoting tonyo524
Good question. On my Oanda charts this weekend, I saw no movement.
I just opened opened a demo account with oanda, and I am now looking at it and it seems like there is some movements with eurusd, even though slow and small. It's now at 1.5608, lower from the Friday close in NY.
Expected the unexpected
  • #7,500
  • Apr 27, 2008 2:02pm Apr 27, 2008 2:02pm
Quoting tonyo524
Good question. On my Oanda charts this weekend, I saw no movement.
Check the settings, if it is setup to hide weekend data you wont see movement.
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