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  • #242,501
  • May 16, 2010 12:28pm May 16, 2010 12:28pm
Quoting Tiagoacc
Hi forum.

Can u please help me out here? in my platform the prices are very strange. does it happens to you too?
saxobank and citibank platform appear to have problems

premarket quotes are never indicative, anyway you can see these links

www.xe.com

http://forex.tradingcharts.com/quotes/
  • #242,502
  • May 16, 2010 12:33pm May 16, 2010 12:33pm
but look here at eurusd!

http://www.forexdirectory.net/quotesfx.html
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  • #242,503
  • May 16, 2010 12:37pm May 16, 2010 12:37pm
Quoting Tiagoacc
but look here at eurusd!

http://www.forexdirectory.net/quotesfx.html
provided by saxo bank....ie...wrong
  • #242,504
  • May 16, 2010 12:37pm May 16, 2010 12:37pm
Quoting Tiagoacc
but look here at eurusd!

http://www.forexdirectory.net/quotesfx.html
provided by Saxobank^^, guess as mentioned earlier its the same then citi.
oanda is on 1,236 moved the last time at 18:55 gmt
  • #242,505
  • May 16, 2010 12:38pm May 16, 2010 12:38pm
Quoting knoxxxalot
provided by Saxobank^^, guess as mentioned earlier its the same then citi.
oanda is on 1,236 moved the last time at 18:55 gmt
yes, a flat or slightly higher open is what is most likely to happen
  • #242,506
  • May 16, 2010 12:39pm May 16, 2010 12:39pm
Its wierd though. If this is not true i will be very sad because i opened my account and it was a golden pot! grrr
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  • #242,507
  • May 16, 2010 12:39pm May 16, 2010 12:39pm
This might bring a pop.

http://www.bloomberg.com/apps/news?p...d=aDxF1YfeViEc
  • #242,508
  • May 16, 2010 12:40pm May 16, 2010 12:40pm
Quoting Tiagoacc
Its wierd though. If this is not true i will be very sad because i opened my account and it was a golden pot! grrr
man, think about it, how could it be true?
  • #242,509
  • May 16, 2010 12:41pm May 16, 2010 12:41pm
Quoting fammira
man, think about it, how could it be true?
I know! thats what i thought. i was really surprise. i tried to talk my broker, but its closed on weekends. lets see what happens.
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  • #242,510
  • May 16, 2010 12:43pm May 16, 2010 12:43pm
exactly

market is closed

anyway, don't expect anything but a flat or a sightly higher open

after that I really do not have a glue, but last week said quite clearly it could be down again for EUR
  • #242,511
  • May 16, 2010 12:45pm May 16, 2010 12:45pm
Quoting 5abi
India has the edge in terms of a large technical workforce. A few states
are very rich in commodities. However corruption is all pervasive

Btw India got no oil buddy. Atleast not enough for the growth they got.

Corruption levels are too high in India for the general level of population to raise their average incomes with high inflation.

I have no doubt India has an edge in terms of innovation etc, but as long as they retain they dont get the right political system in place they are going nowhere.

I am an Indian, with a couple of business interests and trust me half,no, more than 1/3rd of my time is spent dealing with absolute BS created due to corruption and overlapping rules and regulations.
  • #242,512
  • May 16, 2010 1:07pm May 16, 2010 1:07pm
esignal got it. Current EU bidding at 2366.

Quoting fammira
exactly

market is closed

anyway, don't expect anything but a flat or a sightly higher open

after that I really do not have a glue, but last week said quite clearly it could be down again for EUR
Its all in the mind.
  • #242,513
  • May 16, 2010 1:12pm May 16, 2010 1:12pm
The prices are now right. It turns out that it was really a platform problem
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  • #242,514
  • May 16, 2010 1:39pm May 16, 2010 1:39pm
http://www.bloomberg.com/apps/news?p...d=a8CjGqGASv9E

“You have the great problem of a potential disintegration of the euro,” former Federal Reserve Chairman Paul Volcker, 82, said yesterday in London. “The essential element of discipline in economic policy and in fiscal policy that was hoped for” has “so far not been rewarded in some countries.”

----

“A currency without a state is difficult to manage,” said former Italian Prime Minister Lamberto Dini, 79, who also served as the nation’s finance and foreign minister. “The decision to create a single currency in Europe was an eminently political decision. It was supposed to bring about greater European integration not only at an economic level, but at a political one.”


...at what point will the retail fx brokers have to eliminate the euro trade?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #242,515
  • May 16, 2010 1:47pm May 16, 2010 1:47pm
Quoting The Fool
...at what point will the retail fx brokers have to eliminate the euro trade?
That's a scary thought.
Every time you use 'hopium' in a post, God kills a kitten.
  • #242,516
  • May 16, 2010 1:50pm May 16, 2010 1:50pm
Quoting profxtrader
That's a scary thought.
I'm not joking, though. There are no "circuit breakers" in the spot market. If there's a run out of the euro the retail brokers will have to pull the plug.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #242,517
  • May 16, 2010 2:00pm May 16, 2010 2:00pm
Quoting 5abi
esignal got it. Current EU bidding at 2366.
checked the quotesfx site now , yes something is happening true & as price difference not any much likely fall within my prediction as I left few trades open , 38 ( earlier than 29 expected ) close all shorts & pending longs from 38-1.30.
see what happen , may not be today , next morning . everything should be in control.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #242,518
  • May 16, 2010 2:04pm May 16, 2010 2:04pm
Nadal won again. I was cheap and clicked on ustream at tv4all.com to see the match for free.

Yeah, I wonder what the market makers are doing in Forex to hedge themselves.

There might be a chance maybe European countries may want to abandon control over their budget and let the EU run it.
  • #242,519
  • May 16, 2010 2:09pm May 16, 2010 2:09pm
Quoting The Fool
I'm not joking, though. There are no "circuit breakers" in the spot market. If there's a run out of the euro the retail brokers will have to pull the plug.
Ok.

Now you have me a bit scared. A forex broker pulling the plug, hmmm...do you really think this can happen? I understand if they do it when the euro is no longer a currency but before that? How is that justified or legal?

What happens to open trades at the time?
  • #242,520
  • May 16, 2010 2:09pm May 16, 2010 2:09pm
Quoting gatorinla
hand writing is on the wall.. china is ahead in years.. but India has natural resources such as oil and copper ect.. Relient oil has the biggest refinery in the world. and is part of the reason oil clasped in 2008. they bought up all the vacant u.s. storage plus other countries. .. thats part of the reason tankers were floating around the world with no place to go in 2008.


oops that if one big wave don't wash India away. or push them to the mountains where Pakistan takes them out.
Reliance Industries you mean? They own the refinery in Jamangar India the biggest in the world. I work for Bechtel who work alongside Reliance and have been for years guiding them.
rat
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