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Cable Update (GBPUSD)

  • #101,641
  • Nov 26, 2008 6:35pm Nov 26, 2008 6:35pm
Quoting ilducce
but i think it's funny when a lot of brokers had this spike and som of them did not.....
i dunno but it looks like the tour Eiffel... just not logical
When life gives you lemons, make lemonade
  • #101,642
  • Nov 26, 2008 6:41pm Nov 26, 2008 6:41pm
Quoting ilducce
I hope there is a good explanation to this phenomenon! U don't wanna start thinking your beloved broker might be manipulating prices
I would never think those kind of thing... would you....

Hehe!
  • #101,643
  • Nov 26, 2008 6:53pm Nov 26, 2008 6:53pm
I see the spike in Fxcm but not Fxclub.. That was stealing...

I hope some short orders got triggered up there...
Patience + Discipline - Greed = Success
  • #101,644
  • Nov 26, 2008 6:56pm Nov 26, 2008 6:56pm
Quoting ilducce
but i think it's funny when a lot of brokers had this spike and som of them did not.. It would have been easier if one had it and the rest of the world did not. then u would know it was a fake stop loss running spike. But in this case, several dealers/brokers from each other independent, had a spike. and several did not, And some had just a little one my guess is the spike was for real because the feed in the e-signal is from an unbiased source and it also had the spike

So maybe it's the ones that did'nt have a spike who are faking. Perhaps...
Those that use mt4 will have it.
Others like marketiva did not show any spike.
  • #101,645
  • Nov 26, 2008 6:58pm Nov 26, 2008 6:58pm
Quoting ilducce
my guess is the spike was for real because the feed in the e-signal is from an unbiased source and it also had the spike

So maybe it's the ones that did'nt have a spike who are faking. Perhaps u could call it an inverted stop loss run

what do u think? spike for real or not?
Market is not centralized so it's impossible to complain, no matter was it real spike or not. broker can give any price they want and you'll never be able to prove there wasn't such price.
  • #101,646
  • Nov 26, 2008 7:06pm Nov 26, 2008 7:06pm
Quoting Infinity
I see the spike in Fxcm but not Fxclub.. That was stealing...

I hope some short orders got triggered up there...
Im so mad right now i rode it down and then Oanda took back the money in my accout i also phoned and i lost it. I never swore this much in my life their answer we will look in to it.I say if its there its money He also said the word glitch i am not stopping there Oanda are A$$ holes time to trade brokers
Trade less make more!
  • #101,647
  • Nov 26, 2008 7:18pm Nov 26, 2008 7:18pm
Quoting doughnut
Im so mad right now i rode it down and then Oanda took back the money in my accout i also phoned and i lost it. I never swore this much in my life their answer we will look in to it.I say if its there its money He also said the word glitch i am not stopping there Oanda are A$$ holes time to trade brokers
Ouch... That's really messed up.. I'm sure if it was a stop loss that was hit, their story would be different...
Patience + Discipline - Greed = Success
  • #101,648
  • Nov 26, 2008 7:28pm Nov 26, 2008 7:28pm
Against my better judgement im going to sell at market price.

Later clowns lol
  • #101,649
  • Edited 7:58pm Nov 26, 2008 7:52pm | Edited 7:58pm
Quoting steelhead
Against my better judgement im going to sell at market price.

Later clowns lol
Clowns? Who are you calling clowns? Have some respect for the members man..
Patience + Discipline - Greed = Success
  • #101,650
  • Nov 26, 2008 9:22pm Nov 26, 2008 9:22pm
Quoting Infinity
Clowns? Who are you calling clowns? Have some respect for the members man..

It was tongue and cheek statement man thats all. Have some laughs its good for the soul.

Relax Infinity
  • #101,651
  • Nov 26, 2008 9:47pm Nov 26, 2008 9:47pm
im long at 387> 550 target
  • #101,652
  • Nov 26, 2008 9:56pm Nov 26, 2008 9:56pm
Short GBP/USD increases after China cut its interest rate by 108 bps. This reinforces market expectation for further rate cut by BOE. BOE expected to cut UK interest rate 1% from 3% currently at Next Week Meeting and to drop to 1.50% by MPC February meeting.
So G/U will go below 1.4560 or maybe to 1.4
Give me patience
  • #101,653
  • Nov 26, 2008 10:00pm Nov 26, 2008 10:00pm
Quoting mr.m
im long at 387> 550 target
Long @ 1.5375.
gonna ride this long till 1.5500
  • #101,654
  • Nov 26, 2008 10:03pm Nov 26, 2008 10:03pm
Quoting gagakrimba
Long @ 1.5375.
gonna ride this long till 1.5500

What was your reasoning for taking a long at this time when there is no price action in either direction? I don't mean this in a bad way, just wondering if you are seeing something that I am not.

Thanks,
PT
Zone Breakout Method
  • #101,655
  • Nov 26, 2008 10:04pm Nov 26, 2008 10:04pm
Gagak rimba,

Why Long? can u attach ur chart pls
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  • #101,656
  • Nov 26, 2008 10:12pm Nov 26, 2008 10:12pm
Here is my current 1 hour chart and we have some pretty strong trend lines and fibo levels that need to be broken one way or the other before I would enter any position. Almost ever time frame looks the same at this time. I am looking for something to show me direction.

PT
Attached Image (click to enlarge)
Click to Enlarge Name: cabletoday1hr.gif Size: 24 KB
Zone Breakout Method
  • #101,657
  • Nov 26, 2008 10:14pm Nov 26, 2008 10:14pm
Quoting gagakrimba
Long @ 1.5375.
gonna ride this long till 1.5500
Will reverse down at 1.5419 ! Go to 1.5500 should break 1.5451 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #101,658
  • Nov 26, 2008 10:24pm Nov 26, 2008 10:24pm
Quoting gagakrimba
Long @ 1.5375.
gonna ride this long till 1.5500


I will take the opposite side on this trade. Short at 1.5375. Now you know who is on the otherside lol
  • #101,659
  • Nov 26, 2008 10:52pm Nov 26, 2008 10:52pm
Quoting steelhead
I will take the opposite side on this trade. Short at 1.5375. Now you know who is on the otherside lol
I am joining long team !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #101,660
  • Nov 26, 2008 11:23pm Nov 26, 2008 11:23pm
Quoting steelhead
I will take the opposite side on this trade. Short at 1.5375. Now you know who is on the otherside lol
The price is hovering above pivot since the last 4 hrs.
I wont risk it going short
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CPUmice