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  • #1,961
  • May 20, 2010 11:17am May 20, 2010 11:17am
Before I go... A/U... great place to go long towards 84
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #1,962
  • May 20, 2010 11:18am May 20, 2010 11:18am
Quoting MarcVUM
I'm done for a few hours as well. I made enough today to fill another coffer!
Time to watch Star Wars or maybe clean the house before the wife gets home!

See you in a few!
Later Marc

Call me Pocahontas, I love a good scalp (That was probably inapropriate, apologies)
  • #1,963
  • May 20, 2010 11:22am May 20, 2010 11:22am
What's funny is there are several brokers that claim to be scalp friendly and they are really terrible. They slip you and requote constantly. I guess that's how they make their money.

I've demo'd almost every mt4 broker with exception to some russian ones and am very happy with the one I picked. They don't offer the widest variety but you don't get slipped and requoted either! lol
  • #1,964
  • May 20, 2010 11:22am May 20, 2010 11:22am
Quoting MarcVUM
I'm done for a few hours as well. I made enough today to fill another coffer!
Time to watch Star Wars or maybe clean the house before the wife gets home!

See you in a few!
There ya go!
  • #1,965
  • May 20, 2010 11:25am May 20, 2010 11:25am
Quoting calderone
What's funny is there are several brokers that claim to be scalp friendly and they are really terrible. They slip you and requote constantly. I guess that's how they make their money.

I've demo'd almost every mt4 broker with exception to some russian ones and am very happy with the one I picked. They don't offer the widest variety but you don't get slipped and requoted either! lol
Who are you using, my FCM is FXCM
  • #1,966
  • May 20, 2010 11:29am May 20, 2010 11:29am
I use fxdd. Nothing spectacular but no surprises either. Malta by the way.
  • #1,967
  • May 20, 2010 11:31am May 20, 2010 11:31am
Quoting calderone
I use fxdd. Nothing spectacular but no surprises either. Malta by the way.
Anything you want to know about them
http://www.nfa.futures.org/basicnet/...uclXuQuyCLQ%3d

My HF is in there too
  • #1,968
  • May 20, 2010 11:33am May 20, 2010 11:33am
Quoting calderone
I use fxdd. Nothing spectacular but no surprises either. Malta by the way.
My FCM (FXCM) has had a bunch of litigation against it
http://www.nfa.futures.org/basicnet/...7mVysc%3d&rn=N
  • #1,969
  • May 20, 2010 11:34am May 20, 2010 11:34am
Quoting Saxon
Anything you want to know about them
http://www.nfa.futures.org/basicnet/...uclXuQuyCLQ%3d

My HF is in there too
I was curious about that but be careful not to name it in an open forum. They might try to make you a commercial member.
  • #1,970
  • May 20, 2010 11:37am May 20, 2010 11:37am
Quoting calderone
I was curious about that but be careful not to name it in an open forum. They might try to make you a commercial member.
Oh no, that is not my Forex Pool that I run, that is my broker, I was just comparing your and mine, and yours looks a lot more ethical (litigation cases). My Forex Pool is in the NFA database, but I'm not advertising it
  • #1,971
  • May 20, 2010 11:39am May 20, 2010 11:39am
Quoting Saxon
Oh no, that is not my Forex Pool that I run, that is my broker, I was just comparing your and mine, and yours looks a lot more ethical (litigation cases). My Forex Pool is in the NFA database, but I'm not advertising it
I did a lot of research when I picked a broker and narrowed it down to gain and fxdd, picked the latter because they really do have fixed spreads. I have seen eu even get reduced by a pip every now and then.
  • #1,972
  • May 20, 2010 11:41am May 20, 2010 11:41am
Quoting calderone
I did a lot of research when I picked a broker and narrowed it down to gain and fxdd, picked the latter because they really do have fixed spreads. I have seen eu even get reduced by a pip every now and then.
Really, during volatile hours, FXCM can have Majors spreads up to 20 pips, I kid you not. I might need to switch one day
  • #1,973
  • May 20, 2010 11:43am May 20, 2010 11:43am
Quoting Saxon
Really, during volatile hours, FXCM can have Majors spreads up to 20 pips, I kid you not. I might need to switch one day
That's nasty!!!
  • #1,974
  • May 20, 2010 11:45am May 20, 2010 11:45am
EU almost slammed into weekly pivot
  • #1,975
  • May 20, 2010 11:46am May 20, 2010 11:46am
lol

Volatile as anything this week. Just crazy!
Attached Image (click to enlarge)
Click to Enlarge Name: eu hr.gif Size: 21 KB
  • #1,976
  • May 20, 2010 11:57am May 20, 2010 11:57am
I better go do my chores before my wife gets home and sees me in my gym shorts sitting on my butt!

Don't overtrade! lol Or blow your finger out scalping!
  • #1,977
  • May 20, 2010 12:12pm May 20, 2010 12:12pm
Hi everyone, how are you all doing..

I closed my AU short from two days back at 0.82 this morning. I was sleeping when the price blew fast and past 0.818. Overall, a good week.

I just went short AU again at 0.8310. I am not going to stay in it very long though

Hope all your trades are doing great. Saxon, good job on the EU...
  • #1,978
  • Edited 1:34pm May 20, 2010 1:09pm | Edited 1:34pm
Got out of the Aussie short.

If anyone is looking at a 4H chart, look at that wick!!! Over hundred pips. Also, if you look at the EUR/AUD chart, you see it approaching a major resistance area around 1.54 from the past.

I think that Aussie decline is done for now and we are going to see an approach towards 0.84 now.

EDIT: I shouldn't say now, i should say shortly.
  • #1,979
  • May 20, 2010 1:56pm May 20, 2010 1:56pm
Wow, US Eq not so good.
  • #1,980
  • May 20, 2010 1:57pm May 20, 2010 1:57pm
Quoting aragorn123
Hi everyone, how are you all doing..

I closed my AU short from two days back at 0.82 this morning. I was sleeping when the price blew fast and past 0.818. Overall, a good week.

I just went short AU again at 0.8310. I am not going to stay in it very long though

Hope all your trades are doing great. Saxon, good job on the EU...
Nice AU trades
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