EURUSD | Page 13963 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #279,241
  • Aug 9, 2010 7:28am Aug 9, 2010 7:28am
Quoting Spoony
1 pip overnight is quite high, mine is 0.1 pip but its different for others. I believe its based on interest rates of the currency u buy as well.
Yes I realise that, it was just for clarity for the example trade. Thanks for clearing that up for me....I was wondering how the hell they ever got customers if they were closing and opening clients trades!!

I've never heard of the method of rollover before.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #279,242
  • Aug 9, 2010 7:29am Aug 9, 2010 7:29am
they shouldn't , i hope not coz i'll be out of pips at that rate.

http://img31.imageshack.us/img31/8998/rolloverc.jpg
  • #279,243
  • Aug 9, 2010 7:29am Aug 9, 2010 7:29am
Quoting yaed
STAY THE **** away from IG markets, its a big scam. They bet against theyre own clients, i KNOW i lost 75% of my tradingcapital with these filthy crooks! They take youre money and find some strange excuse to do so, close youre account today is my advice.


are you sure youre not just losing money from bad trades?
  • #279,244
  • Aug 9, 2010 7:32am Aug 9, 2010 7:32am
Quoting mfoste1
are you sure youre not just losing money from bad trades?

How can they take your money for no reason?
rat
  • #279,245
  • Aug 9, 2010 7:35am Aug 9, 2010 7:35am
For those who still don't know, these statistics could be pertinent regarding the open positions on oanda, just to take into account in analysis.

http://fxtradeinfocenter.oanda.com/o..._and_positions

Good trades
  • #279,246
  • Aug 9, 2010 7:35am Aug 9, 2010 7:35am
Quoting rattyo
How can they take your money for no reason?

well they take roll, just about all brokers do unless you have an islamic account. Lol and if your making bad trades theyre taking your money as well. I'd like to see some proof from this guy that they just "took his money for no reason".....
  • #279,247
  • Aug 9, 2010 7:36am Aug 9, 2010 7:36am
Quoting amasat
okik then we will wait it will be 76.4 on h1 fibo:d

but ill enter on daily 5sma well ill try
  • #279,248
  • Aug 9, 2010 7:39am Aug 9, 2010 7:39am
Quoting realjumper
So let me get this straight....just in case I'm real stupid!!

If I want to go long right here, right now, and my target is 1.4000.....because I trade long term. My SL would be (say) 1.3100. Let's suppose that in the next hour the PA drops 80 pips and stays there until market close. You're telling me that they will close my trade at -80, and then open another trade for me??? Tell me that I've got this all backwards, please!
That's exactly what happens. Usually with spread betting platforms. CMC Markets being one.
Nothing worth having is easy.
  • #279,249
  • Aug 9, 2010 7:42am Aug 9, 2010 7:42am
Quoting Patience
That's exactly what happens. Usually with spread betting platforms. CMC Markets being one.
Hmmmm.....I know someone personally who got skinned by CMC....what a crazy idea.....why would anyone trade with that system?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #279,250
  • Aug 9, 2010 7:44am Aug 9, 2010 7:44am
R there platforms that dont charge this fee and have low spreads??? I wouldn't say cmc is all that good coz their fees are quite high for depositing and their spreads are not that good.

2 pips for USD/JPY, EURUSD, AUDUSD. But their gold is $0.50 which i think is one of the lowest. They have shares as well and indexes.
  • #279,251
  • Aug 9, 2010 7:45am Aug 9, 2010 7:45am
Quoting realjumper
Hmmmm.....I know someone personally who got skinned by CMC....what a crazy idea.....why would anyone trade with that system?
I know - it's quite ugly. Whether you are in profit or loss at the time of rollover, your account is either credited or deducted and a new position opened at the same time at market price. Of course if price starts going your way, you are all right and you will make that money back but the fact that the money is actually removed from your account is quite demoralising. I think it's called mark to market (or something).
Nothing worth having is easy.
  • #279,252
  • Aug 9, 2010 7:46am Aug 9, 2010 7:46am
Quoting Spoony
R there platforms that dont charge this fee and have low spreads??? I wouldn't say cmc is all that good coz their fees are quite high for depositing and their spreads are not that good.

2 pips for USD/JPY, EURUSD, AUDUSD. But their gold is $0.50 which i think is one of the lowest. They have shares as well and indexes.
Wait a minute....."their fees are quite high for depositing"???????
Doing what you like is Freedom. Liking what you do is Happiness.
  • #279,253
  • Aug 9, 2010 7:47am Aug 9, 2010 7:47am
It amazes me that traders do not know or have no idea of how their broker works?

Main reason that I trade the 6E on cme exchange but of course you cannot trade much size. I do have demo account with austrilian broker and maybe would like to trade 5 standard size lots. But I am reading and learning about 'their' policy.
  • #279,254
  • Aug 9, 2010 7:48am Aug 9, 2010 7:48am
Quoting Patience
I know - it's quite ugly. Whether you are in profit or loss at the time of rollover, your account is either credited or deducted and a new position opened at the same time at market price. Of course if price starts going your way, you are all right and you will make that money back but the fact that the money is actually removed from your account is quite demoralising. I think it's called mark to market (or something).
Shit that must be damn close to illegal, surely? It's my account, with my money in it, and it's my trade.....to manage as I (the customer) see fit!!

Wow.....I'll bear that in mind in the (unlikely) event that I want to change brokers
Doing what you like is Freedom. Liking what you do is Happiness.
  • #279,255
  • Aug 9, 2010 7:48am Aug 9, 2010 7:48am
Quoting realjumper
Hmmmm.....I know someone personally who got skinned by CMC....what a crazy idea.....why would anyone trade with that system?
Because you don't pay tax in the UK on profits made with spread betting.
Nothing worth having is easy.
  • #279,256
  • Aug 9, 2010 7:50am Aug 9, 2010 7:50am
Quoting qiktrader850
It amazes me that traders do not know or have no idea of how their broker works?

Main reason that I trade the 6E on cme exchange but of course you cannot trade much size. I do have demo account with austrilian broker and maybe would like to trade 5 standard size lots. But I am reading and learning about 'their' policy.
It amazes me that anyone trades with this type of broker!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #279,257
  • Aug 9, 2010 7:50am Aug 9, 2010 7:50am
Quoting realjumper
Wait a minute....."their fees are quite high for depositing"???????
if u use a credit card to deposit money into your account its 1.8%.

Spreadbetting in australia is tax on top of your income if you make a profit. If its a loss, it is tax deductible from your income in that tax year. CMC is very high risky since its 100x (1%) or whatever u guys use to measure lol. $1000 = $100k.
  • #279,258
  • Aug 9, 2010 7:51am Aug 9, 2010 7:51am
Quoting Spoony
if u use a credit card to deposit money into your account its 1.8%.
Jesus Christ!! Robin Hood was hung from and oak tree for less than that!!!!!

Edit: Actually it might have been Dick Turpin...but you get the point!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #279,259
  • Aug 9, 2010 7:52am Aug 9, 2010 7:52am
Quoting realjumper
Shit that must be damn close to illegal, surely? It's my account, with my money in it, and it's my trade.....to manage as I (the customer) see fit!!

Wow.....I'll bear that in mind in the (unlikely) event that I want to change brokers
How is it close to illegal? This is within their terms and conditions and something I don't see a problem with.

The difference is they (UK spread betting houses) force clients to realise their daily gains/losses, through closing and opening position at their end of day spot rate (plus or minus the swap costs, inc their spreads on the relevant overnight depo rates). What is wrong with that?
  • #279,260
  • Aug 9, 2010 7:54am Aug 9, 2010 7:54am
Quoting Patience
Because you don't pay tax in the UK on profits made with spread betting.
Oh I see.....the tax system here, as you probably know, is much more simple than that. Income is income....doesn't matter where you get it from!
Doing what you like is Freedom. Liking what you do is Happiness.
528 traders viewing now, 2 are registered:
F.g
,
Gecco8