Trade what you see NOT what you expect | Page 131 | Forex Factory

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Trade what you see NOT what you expect

  • #2,601
  • Mar 17, 2009 2:45pm Mar 17, 2009 2:45pm
Hey guys, I have a question, my feed price I'm quoting is my ASK price, not the BID price.
Just digging in the trenches like everyone else!
  • #2,602
  • Mar 17, 2009 2:46pm Mar 17, 2009 2:46pm
Quoting cisco
long time?
I'm done for the day... Good luck with your trades...

Remember the news item that Turtle mentioned earlier about King speaking... I think thats about 25 minutes or so away...

Later
Patience + Discipline - Greed = Success
  • #2,603
  • Mar 17, 2009 2:47pm Mar 17, 2009 2:47pm
Quoting eohater
Hey guys, I have a question, my feed price I'm quoting is my ASK price, not the BID price.
And a 3-4 pip spread is probably what is causing you and Cisco to be out of synch. So does your twin have an offset in his pricing as well which gives him the 1-2 pip better entries?
  • #2,604
  • Mar 17, 2009 2:47pm Mar 17, 2009 2:47pm
Quoting eohater
Hey guys, I have a question, my feed price I'm quoting is my ASK price, not the BID price.
not sure, but mines a 3 pip spread so it wouldn't have hit 59 anyways
please DON'T copy my trades I am still learning
  • #2,605
  • Mar 17, 2009 2:48pm Mar 17, 2009 2:48pm
Quoting eohater
Hey guys, I have a question, my feed price I'm quoting is my ASK price, not the BID price.
If that's a question. where is it?
Hi, my name is Barry and you can keep your doctor...
  • #2,606
  • Mar 17, 2009 2:48pm Mar 17, 2009 2:48pm
Quoting ezmystic
not sure, but mines a 3 pip spread so it wouldn't have hit 59 anyways
My broker is a variable spread! It's good some times, but sucks during low volume!!!!!!
Just digging in the trenches like everyone else!
  • #2,607
  • Mar 17, 2009 2:49pm Mar 17, 2009 2:49pm
Quoting Infinity
I'm done for the day... Good luck with your trades...

Remember the news item that Turtle mentioned earlier about King speaking... I think thats about 25 minutes or so away...

Later
see ya thursday bro..
please DON'T copy my trades I am still learning
  • #2,608
  • Mar 17, 2009 2:49pm Mar 17, 2009 2:49pm
Quoting nyjetfan
And a 3-4 pip spread is probably what is causing you and Cisco to be out of synch. So does your twin have an offset in his pricing as well which gives him the 1-2 pip better entries?
The prices I mention don't normally include the spread..
Patience + Discipline - Greed = Success
  • #2,609
  • Mar 17, 2009 2:49pm Mar 17, 2009 2:49pm
Quoting Infinity
I'm done for the day... Good luck with your trades...

Remember the news item that Turtle mentioned earlier about King speaking... I think thats about 25 minutes or so away...

Later
Later bro! Good trading today!
Just digging in the trenches like everyone else!
  • #2,610
  • Mar 17, 2009 2:49pm Mar 17, 2009 2:49pm
Quoting Infinity
I'm done for the day... Good luck with your trades...

Remember the news item that Turtle mentioned earlier about King speaking... I think thats about 25 minutes or so away...

Later
Have a good one and see ya tomorrow or later tonight.
  • #2,611
  • Mar 17, 2009 2:50pm Mar 17, 2009 2:50pm
Quoting Infinity
I'm done for the day... Good luck with your trades...

Remember the news item that Turtle mentioned earlier about King speaking... I think thats about 25 minutes or so away...

Later
I expect world leaders to start being very positive in their remarks. Obama got blasted for his negativity, now he's changed his tone.
Hi, my name is Barry and you can keep your doctor...
  • #2,612
  • Mar 17, 2009 2:50pm Mar 17, 2009 2:50pm
52 on 5m bid chart and 56 on 15m ask chart here.
  • #2,613
  • Mar 17, 2009 2:50pm Mar 17, 2009 2:50pm
Quoting Infinity
The prices I mention don't normally include the spread..
My entry prices are what they are, but when I mention price in general, I'm going off the ask price.
Just digging in the trenches like everyone else!
  • #2,614
  • Mar 17, 2009 2:50pm Mar 17, 2009 2:50pm
Quoting eohater
My broker is a variable spread! It's good some times, but sucks during low volume!!!!!!
mines fixed at 3 so i have no experience with variables, but I cn imagine it could be a nightmare sometimes!
please DON'T copy my trades I am still learning
  • #2,615
  • Mar 17, 2009 2:51pm Mar 17, 2009 2:51pm
Quoting eohater
Later bro! Good trading today!
Thanks bro! Good trading yourself!

Later...
Patience + Discipline - Greed = Success
  • #2,616
  • Mar 17, 2009 2:52pm Mar 17, 2009 2:52pm
Quoting ezmystic
mines fixed at 3 so i have no experience with variables, but I cn imagine it could be a nightmare sometimes!
It is at times, thus why I have a fixed broker during low volumes! My fixed broker though is at 4, but no commission.
Just digging in the trenches like everyone else!
  • #2,617
  • Mar 17, 2009 2:52pm Mar 17, 2009 2:52pm
I'm out for now but will check back in for the Asian session. Thanks EO and everyone.
  • #2,618
  • Mar 17, 2009 2:53pm Mar 17, 2009 2:53pm
You have said previously that you have multiple feeds, are these with
brokers? , such as demo accounts etc, or do you subscribe to provider?

I use DTN, IQ Feeds. these differ wildly from my brokers ask price.

For my entries I have to wait for my brokers prices. They SAY they use an average from several sources, but thats a whole new debate..
Flyin' by the seat of my pants.......Talk to me Goose.
  • #2,619
  • Mar 17, 2009 2:56pm Mar 17, 2009 2:56pm
Quoting eohater
It is at times, thus why I have a fixed broker during low volumes! My fixed broker though is at 4, but no commission.
i got no commission, they make it in the spread I think it's with a spread bet firm. I have a customer who's a hedge fund manager and he says they will make money on the spread even if you take money off them, it's quite interesting how some of these financial firms work, perhaps I should ask him how they work out thier currnecy trades
please DON'T copy my trades I am still learning
  • #2,620
  • Mar 17, 2009 2:56pm Mar 17, 2009 2:56pm
Quoting Maver1ck
You have said previously that you have multiple feeds, are these with
brokers? , such as demo accounts etc, or do you subscribe to provider?

I use DTN, IQ Feeds. these differ wildly from my brokers ask price.

For my entries I have to wait for my brokers prices. They SAY they use an average from several sources, but thats a whole new debate..
2 are from demo accounts/chart feeds. I do pay for 1 feed price though eSignal which coincides with my main broker. I don't have to pay for it, but I get better fills with it without slippage.
Just digging in the trenches like everyone else!
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