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Cable Update (GBPUSD)

  • #104,061
  • Dec 4, 2008 3:43am Dec 4, 2008 3:43am
yes they take swaps and commisions
  • #104,062
  • Dec 4, 2008 3:43am Dec 4, 2008 3:43am
Quoting i.shawish
I SAW MY FRIEND WORKING WITH SAXOBANK...HE TOLD ME THAT THEY ARE BETTER THAN CROWN...ALL OF THEM ARE BETTER THAN CROWN..ABU M7AMMAD SA7EB EL DOKKANEH A7SAN MENHOM, KOSS 5AWAT-HOM

hi guys....

i'm working with saxo too, but during asian session its possible you've got a 10pip spread in cable from time to time - but otherwise....np


my view on the market......think should go higher after the rate decision, perfectly touched the1.4480 from bear-flag this night and i dont expect a cut of 150pts (well if thats the case...uuups bye bye cable)
even if we climb up to 1.4850again, we're still in a downtrend for biger lows during next days ;-) where i hope to add some more shorts...
long now on daily res 2 at 28 for a quickie....tight stop around 12 offered

nice day ahead everyone....

rob
  • #104,063
  • Dec 4, 2008 3:46am Dec 4, 2008 3:46am
I missed any shorts this morning - what would be a recommendation for where to get in short? I was thinking around 1.46 but it looks like it might not reverse that far.....
  • #104,064
  • Dec 4, 2008 3:47am Dec 4, 2008 3:47am
cut 1% : begin to buy
cut 1.5%: downtrend to 1.4
  • #104,065
  • Dec 4, 2008 3:48am Dec 4, 2008 3:48am
10+v should be your the shit!! its not true...... your kinda and maybe the shit sometimes or once not cool
  • #104,066
  • Dec 4, 2008 3:49am Dec 4, 2008 3:49am
Quoting MarkyBoy
I missed any shorts this morning - what would be a recommendation for where to get in short? I was thinking around 1.46 but it looks like it might not reverse that far.....
Strong support at 1.452x You sure you wanna go short? what would be your target?
  • #104,067
  • Dec 4, 2008 3:49am Dec 4, 2008 3:49am
What About Eazyforex...they Have Price Freez, I Think It Must Be Good...the Spread Is Not Important In My Oppenion, No One Of Us Working For 3 Or 4 Or 10 Pips As I Saw...saw Our Broaker Must Be:
1-no Comm.
2-no Swap.
3-fast Execution
4-they Must Give Me Money To Work With Them, And Give Me House And Car And 10,000$ Salary To Agree Working Wit Them!!!

This Is My Demand And I Am Waiting For Offers...
what you get in the wind goes through the storms
  • #104,068
  • Dec 4, 2008 3:50am Dec 4, 2008 3:50am
she is gathering momentum to go down hard
  • #104,069
  • Dec 4, 2008 3:51am Dec 4, 2008 3:51am
Quoting gagakrimba
I'm with fxopen.
no swap.
what about the execution? is it fast? and what is the minimum distance for the stop loss and take profit during this fast market?
When life gives you lemons, make lemonade
  • #104,070
  • Dec 4, 2008 3:53am Dec 4, 2008 3:53am
Quoting gagakrimba
she is gathering momentum to go down hard
Isnt this down enough shes on her knees

I need holidays, so please everyone buy the £
  • #104,071
  • Dec 4, 2008 3:53am Dec 4, 2008 3:53am
Quoting gagakrimba
she is gathering momentum to go down hard

another falling? why?
  • #104,072
  • Dec 4, 2008 3:55am Dec 4, 2008 3:55am
Quoting micho
5 years ago with mgforex, now since around 1 year i am with crown forex... used to be good now it literally sucks

what about dukascopy? any info?
Hi Micho,

check out Cantor Index, if you've not done so already. they are a spread betting firm based in the UK. take a look on their website and see if they accept clients based in Lebanon. the downside is the poor charting and limited range of currency pairs. but that will not be an issue for you, seeing as you have good charting tools available and mainly trade cable, i assume.

the spread on cable has always been 2 pips since i've used them (1.5 years), execution is very quick, no commission, swaps costs and aminimum "stake" is £1 a pip.

also, IG Index are meant to be decent. if you are unable to trade via these spread betting firms, then Saxo, imo, are the best of the international brokers. although i've heard that DBFX are very good, but i don't think they allow lots under $100k.
  • #104,073
  • Dec 4, 2008 3:57am Dec 4, 2008 3:57am
Quoting micho
what about the execution? is it fast? and what is the minimum distance for the stop loss and take profit during this fast market?
depend on the server.
2/3 seconds lagging
No swap and no interest.
  • #104,074
  • Dec 4, 2008 3:57am Dec 4, 2008 3:57am
Wha tha Fa!!!?? Leave my man Micho! He knows his shit and puts it out there for opinion. It's bold as no-one can be spot on all the time but I give him another vote as a lot of the time his views are extremely useful. You still need to make your own analysis tho dude...

Quoting mcfx
10+v should be your the shit!! its not true...... your kinda and maybe the shit sometimes or once not cool
Ride the Bulls bearback!
  • #104,075
  • Dec 4, 2008 3:59am Dec 4, 2008 3:59am
Quoting i.shawish
the Spread Is Not Important In My Oppenion, No One Of Us Working For 3 Or 4 Or 10 Pips As I Saw...saw Our Broaker Must Be:
are you serious? the spread is vital. if you place 500 trades a year, irrespective of whether they are winning positions or not, you are giving away 1,500 pips ($15k with standard lots) on a 3 pip spread. however, with a 5 pip spread, you are gifting your broker a total of 2,500 pips ($25k).

of course spreads and swap cost matter. they are vital, in fact, over the course of a year.
  • #104,076
  • Dec 4, 2008 4:00am Dec 4, 2008 4:00am
Guys..i Feel Bad At These Levels...the Down Movement Have Been In Action For 5 Months...i Think It Must Go Up For One Month At Least, I Will Play These Days With Stop Loss For Short Cause If She Left Any Position For Up Trend It Will Take Along Time To Back If It Back...look To The Monthly History...any Body Agree??
what you get in the wind goes through the storms
  • #104,077
  • Dec 4, 2008 4:00am Dec 4, 2008 4:00am
Quoting gammase1
Hi Micho,

check out Cantor Index, if you've not done so already....
thanks for this valuable info... ill check them out
When life gives you lemons, make lemonade
  • #104,078
  • Dec 4, 2008 4:01am Dec 4, 2008 4:01am
Quoting gagakrimba
depend on the server.
2/3 seconds lagging
lol thats nothing, crown takes 1 minute sometimes... crazy!
When life gives you lemons, make lemonade
  • #104,079
  • Dec 4, 2008 4:02am Dec 4, 2008 4:02am
Quoting micho
what about the execution? is it fast? and what is the minimum distance for the stop loss and take profit during this fast market?
Avoid Capital Spreads....

i have been recommended to try IG Index,by someone who seems to know what they're talking about.
  • #104,080
  • Dec 4, 2008 4:02am Dec 4, 2008 4:02am
damnit i over slept
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