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

  • #113,181
  • Sep 14, 2008 5:06pm Sep 14, 2008 5:06pm
Quoting Spectator
What are the spreads on your dealer and what are they "normally"?

spreads .. 20 right now and typically 4-5

let me know what you think of the spread betting company you use in the UK.

I am in Canada but am looking to open and account for my Dad who lives in London
Blogging daily now at www.volume.zone
  • #113,182
  • Sep 14, 2008 5:09pm Sep 14, 2008 5:09pm
Spread on FX Solutions is the same as always.
  • #113,183
  • Sep 14, 2008 5:09pm Sep 14, 2008 5:09pm
very dangerous time .... we are getting 100 pip moves in 200 ticks
Blogging daily now at www.volume.zone
  • #113,184
  • Sep 14, 2008 5:10pm Sep 14, 2008 5:10pm
For a brief moment IBFX spreads were 42 pips on GJ. 32 as of posting this...
Que
  • #113,185
  • Sep 14, 2008 5:12pm Sep 14, 2008 5:12pm
Quoting Que
For a brief moment IBFX spreads were 42 pips on GJ. 32 as of posting this...
Spreads 7 pips as per usual with MIGFX

FoggyTrader
  • #113,186
  • Sep 14, 2008 5:12pm Sep 14, 2008 5:12pm
Best strategy for the time being is...

STAY OUT
Trade what you see, not what you think.
  • #113,187
  • Sep 14, 2008 5:13pm Sep 14, 2008 5:13pm
Quoting karmostaji
Best strategy for the time being is...

STAY OUT
Yep. London calling or Tokyo should provide some stability. Thin liquidity, crazy moves. Wow.
Patience + Humility + Study = Success
  • #113,188
  • Sep 14, 2008 5:16pm Sep 14, 2008 5:16pm
Quoting karmostaji
Best strategy for the time being is...

STAY OUT

for most I agree .... the spreads are killing me .. i wanna scalp this so bad . 191.71 was short zone, spreads keeping me out of market
Blogging daily now at www.volume.zone
  • #113,189
  • Sep 14, 2008 5:17pm Sep 14, 2008 5:17pm
Quoting DutchTrader
Yep. London calling or Tokyo should provide some stability. Thin liquidity, crazy moves. Wow.

tokyo is on holidays today!!!
  • #113,190
  • Sep 14, 2008 5:17pm Sep 14, 2008 5:17pm
Did a sell at 192.00 with a S/L at 194.00 and a TP of 188.00

Reasons:

OB on H1
OB on H4
EMA 62 on H4 is providing good Resistance
Spread came back down to 9
Overal Trend is down.
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 31 KB
Que
  • #113,191
  • Sep 14, 2008 5:17pm Sep 14, 2008 5:17pm
took 110 green pips for me in ten minutes, with 20 pip spread..not bad

there's a fib at 190.75, let's see if it holds
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #113,192
  • Sep 14, 2008 5:18pm Sep 14, 2008 5:18pm
Quoting malcolmb14
for most I agree .... the spreads are killing me .. i wanna scalp this so bad . 191.71 was short zone, spreads keeping me out of market
this is a 100 tick chart .. best to be sidelines ... look at those moves . You have to be a very good scalper to trade this ..... as Karmo says best to be patient ...

Attached Image (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 192 KB
Blogging daily now at www.volume.zone
  • #113,193
  • Sep 14, 2008 5:18pm Sep 14, 2008 5:18pm
Unbelievable .. up down 100 pips in less 15 min
  • #113,194
  • Sep 14, 2008 5:18pm Sep 14, 2008 5:18pm
Had to short cable when it settled with spreads 8029 sl BE letter rip
"Millionaires don't use astrology, billionaires do"
  • #113,195
  • Sep 14, 2008 5:19pm Sep 14, 2008 5:19pm
I wonder who's moving the market? Tokyo market has not opened yet.

Quoting malcolmb14
very dangerous time .... we are getting 100 pip moves in 200 ticks
  • #113,196
  • Sep 14, 2008 5:20pm Sep 14, 2008 5:20pm
Quoting malcolmb14
for most I agree .... the spreads are killing me .. i wanna scalp this so bad . 191.71 was short zone, spreads keeping me out of market
even if spread was 1 pip on GJ, i'm not making any new trades atm... looooooool
  • #113,197
  • Sep 14, 2008 5:20pm Sep 14, 2008 5:20pm
entered at .75 and got filled at .99
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #113,198
  • Sep 14, 2008 5:21pm Sep 14, 2008 5:21pm
Quoting dogberry
I wonder who's moving the market? Tokyo market has not opened yet.

tokyo is closed today due to holiday
  • #113,199
  • Sep 14, 2008 5:22pm Sep 14, 2008 5:22pm
Japan markets closed Sept 15th, Respect the Aged Day...
Money & Pain Respect the market, protect your capital, be patient
  • #113,200
  • Sep 14, 2008 5:22pm Sep 14, 2008 5:22pm
Quoting lilmoe
even if spread was 1 pip on GJ, i'm not making any new trades atm... looooooool
I just can not agree with that for myself.

I only risk 2% on a trade. The conditions were right for ME to make the trade I made.

BTW, WAZZZZUP lilmoe.
Que
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