Good Morning guys, its afternoon here
Nearly evening. Man, I love 24hour forex. Alwways on
ready to go..
Looking bracket here.
Already been some move to the upside overnight of course guys - we know what that means...
Survive and Preserve
The System II (Yes with irony)
ready to go..
Looking bracket here.
Already been some move to the upside overnight of course guys - we know what that means...
- #7,083
- Sep 25, 2009 1:52am Sep 25, 2009 1:52am
- | Joined Feb 2008 | Status: Zombie Trader | 1,406 Posts
I take this back.
benkm108 is totally right .
I misunderstood what you talking about. PS i dont show avg price on my chart. I like to see when the stupid thing widens to knock me out.
benkm108 is totally right .
I misunderstood what you talking about. PS i dont show avg price on my chart. I like to see when the stupid thing widens to knock me out.
When you buy, you use the BID price,
when you sell, you use the ASK price.
The more expensive price you use
So if you look at your chart in mt4 you only seeing bid price, right click it and go show ask price
You ALWAYS pay spread. I promise you.
Survive and Preserve
Ahhh, now it makes sense. So it is about settlement - you pay the spread up front on long trades and pay on closure for sell trades...have I got it?
If you are using MT4, and most of other charting programs, you are seeing the "bid" price, which is the price what you sell, so in order to sell, your order is gonna be triggered at that price....
In order to a buy order, have you realized that the broker fills in you before price you are seeing in your screen really touches that price?...
That is because of your spread, and due to the price you buy, is the "ask" price ("bid" price + spread)
Anyways, if you are using MT4, you can see both prices:
Right click>properties>common>show ask line
PS: I don't really know which broker you are using, but if you are using Oanda, people say that it shows an average price (nor the "bid" and neither the "ask" price) in their chart platform, so it can be a completly different stuff.... If you cannot set it to show the ask and bid prices, be carefull abut that...
- #7,088
- Sep 25, 2009 2:01am Sep 25, 2009 2:01am
- | Joined Feb 2008 | Status: Zombie Trader | 1,406 Posts
I am going to the pub with my friends whom I havent seen in ages tonight
And I am NOT going to trade drunk when I get home , so have fun, I hope friday is going to be profitble as was asia to me (or more for you ;P )
bye bye
And I am NOT going to trade drunk when I get home , so have fun, I hope friday is going to be profitble as was asia to me (or more for you ;P )
bye bye
me too naughty thing, i have my stop below bracket., could a nice -30 to start the day
Survive and Preserve
- #7,093
- Sep 25, 2009 2:08am Sep 25, 2009 2:08am
Hi guys!!
I am newbie here... But I have read your thread from start to finish now...
So - no silly quetions form me!
Let's trade.
My husband - dim4ik42 - I think will help me too..... Hi Fxahilies!!!! I know a lot about you now!!!
I am newbie here... But I have read your thread from start to finish now...
So - no silly quetions form me!
Let's trade.
My husband - dim4ik42 - I think will help me too..... Hi Fxahilies!!!! I know a lot about you now!!!
Nothing personal - only business...
