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The Really Useless Thread

  • #21,841
  • Oct 4, 2011 8:54pm Oct 4, 2011 8:54pm
Quoting Mr Hatch
I really used to be an avid defender of Oanda as a broker, but they really pissed me off.
Actually, you hear a lot about requotes and all the shit brokers do to you to rob you, Oanda does other things... Friday is NFP, please tell me, if your able to trade or whether you get disconnected before and are only able to reconnect after the fact.

I haven't got any problems where I am now.
no connection problem except one time. spread becomes wider than usual though.
  • #21,842
  • Oct 4, 2011 8:54pm Oct 4, 2011 8:54pm
Quoting OldQuant
(a) Thanks. (b) Copper...

(c)But now that the Chairman has indicated that he understands the politics of the situation, the next political hayfield concerns our communo-fascist ally on the other side of the globe. "Bubble, bubble, toil and trouble", or something like that
(a) Yer welks!

(b) Bastard!

(c) Next big "headline" me thinks. Heating up to be some kind of debate.
  • #21,843
  • Oct 4, 2011 8:55pm Oct 4, 2011 8:55pm
Quoting Mr Hatch
So, you're completely skipping LO and NY on Fridays?
NFP.

Yup...

Take an early weekend. I have won some, lost some, and by the end of the week, I am mostly satisified with my trades, so really not much loss...

Most Fridays, when London closing bell chimes, I am done. I don't hang out for NY...there have been some decent week closes into NY and a few bux to be made, but for the most part, I can't be bothered.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #21,844
  • Oct 4, 2011 8:55pm Oct 4, 2011 8:55pm
Quoting Mr Hatch
So, you're completely skipping LO and NY on Fridays?

Until fall of 2010 you could scalp the shit out of the NFP-moves to and fro...
that shit scares me to death.
  • #21,845
  • Oct 4, 2011 8:55pm Oct 4, 2011 8:55pm
Quoting OldQuant
No, but week ago Sunday, an Oanda account to arb against that other one (which was it?) that was showing like 200 lower would have been a story for the grandkids.
Sure, sure...

But everything in between...

I'll miss.
  • #21,846
  • Oct 4, 2011 8:58pm Oct 4, 2011 8:58pm
Quoting Mr Hatch
I really used to be an avid defender of Oanda as a broker, but they really pissed me off.
Actually, you hear a lot about requotes and all the shit brokers do to you to rob you, Oanda does other things... Friday is NFP, please tell me, if your able to trade or whether you get disconnected before and are only able to reconnect after the fact.

I haven't got any problems where I am now.
well i've been full time with them for two years, and from what i recall the servers have gone down just once in that time, i was straight on the phone to them and it was genuine, it wasn't during nfp or other high volatility scenario, and the spreads are usually good during nfp, 2 pips on e/u...
  • #21,847
  • Oct 4, 2011 8:59pm Oct 4, 2011 8:59pm
gn bastards.
  • #21,848
  • Oct 4, 2011 8:59pm Oct 4, 2011 8:59pm
Quoting OldQuant
Why are you out in Z? Is it QC or HG? Is the liquidity better than in X?

(Z = Dec., X = Nov.)
yea its HGz1

there is a hell of alot more volume out in Z

is that wrong?

volume in X was 33, in z it was 1861
  • #21,849
  • Oct 4, 2011 8:59pm Oct 4, 2011 8:59pm
Quoting Magix
ACM used to bog down so hard during high volatility, I used to have to restart the fucker...and you wanna talk about a complete fucking garbage broker...that wuz them...

Not a single fucking thing I liked about them..
Sounds like my time at Oanda. A couple of times...I had a month's worth of work...wiped right the fak out!

I've had people from all directions...you didn't know what you were doing. You should have used a stop!

You should try Oanda with a decent amount!
  • #21,850
  • Oct 4, 2011 9:00pm Oct 4, 2011 9:00pm
Quoting pkimnyc
no connection problem except one time. spread becomes wider than usual though.
Really, they're just defending themselves. The interbank market itself goes to he!! in those announcements, not in small part because of the HFT that gets turned on during them.

Someone just told me of a study by BIS that indicates that there is (I was told) around a quarter of forex volume conducted by the HFT's. I can't believe that; I suspect that that includes the triangle arb computers that all the dealers run to keep the crossed pairs in line. But in the announcements, no question the computers are in there mixing it up in the interbank flows.
  • #21,851
  • Oct 4, 2011 9:01pm Oct 4, 2011 9:01pm
Quoting pkimnyc
that shit scares me to death.
doable with a wide stop but if you take a hit you just gotta bite the bullet, can be lucrative, but you could put the case that it's not far off pure gambling...
  • #21,852
  • Oct 4, 2011 9:03pm Oct 4, 2011 9:03pm
Quoting OldQuant
Really, they're just defending themselves. The interbank market itself goes to he!! in those announcements, not in small part because of the HFT that gets turned on during them.

Someone just told me of a study by BIS that indicates that there is (I was told) around a quarter of forex volume conducted by the HFT's. I can't believe that; I suspect that that includes the triangle arb computers that all the dealers run to keep the crossed pairs in line. But in the announcements, no question the computers are in there mixing it up in the interbank...
so far, i haven't had that problem. even if they did, doesn't really effect my trading. i usually stay away from fomc anyway. maybe afterwards... if i see a very good setup, but that happens very rare.
  • #21,853
  • Oct 4, 2011 9:03pm Oct 4, 2011 9:03pm
Quoting Mr Hatch
I really used to be an avid defender of Oanda as a broker, but they really pissed me off.
Actually, you hear a lot about requotes and all the shit brokers do to you to rob you, Oanda does other things... Friday is NFP, please tell me, if your able to trade or whether you get disconnected before and are only able to reconnect after the fact.

I haven't got any problems where I am now.
Those fakkers!

I think it was 3% up on a trade when it would start to kick in. Helter Skelter.

After I repeated that a few times, the delay came on my entries. Click to enter...nothing. WTF? Click again. Nothing. Is my mouse broken? Click once more... BAM! All three would open and the position was against me.

Fak'em...cock sukka's!
  • #21,854
  • Oct 4, 2011 9:04pm Oct 4, 2011 9:04pm
Quoting fxjawn
yea its HGz1

there is a hell of alot more volume out in Z

is that wrong?

volume in X was 33, in z it was 1861
No, I just wasn't aware of that bias. If I'm not trading in and out, I just stay as close as possible because of carry. Right now, on the bid, X = 1260, Z = 1310, 5 on each. During the pit hours, though, probably a Z bias. I just put it on the page with X, and am going to watch it during the trading day.
  • #21,855
  • Oct 4, 2011 9:04pm Oct 4, 2011 9:04pm
Quoting FibbinArchie
doable with a wide stop but if you take a hit you just gotta bite the bullet, can be lucrative, but you could put the case that it's not far off pure gambling...
i don't need to trade fomc.
  • #21,856
  • Oct 4, 2011 9:07pm Oct 4, 2011 9:07pm
Quoting kenfen69
Those fakkers!

I think it was 3% up on a trade when it would start to kick in. Helter Skelter.

After I repeated that a few times, the delay came on my entries. Click to enter...nothing. WTF? Click again. Nothing. Is my mouse broken? Click once more... BAM! All three would open and the position was against me.

Fak'em...cock sukka's!
Been there...

I love this message...

"Trade Context is Busy"...

Typically why for my meta4 accs, I run them 2x per trade station. That way, if one locks up, I can still try to close the fucker on the other...

Haven't needed to do that in a long time, but after a few fucking horror shows, I don't take chances with nothing!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #21,857
  • Oct 4, 2011 9:07pm Oct 4, 2011 9:07pm
Quoting pkimnyc
i don't need to trade fomc.
true, if you want the adrenalin buzz then take up an extreme sport..

to be honest, i like my goldie locks volatility, just right, not too heavy, not too light..
  • #21,858
  • Oct 4, 2011 9:09pm Oct 4, 2011 9:09pm
Quoting pkimnyc
no connection problem except one time. spread becomes wider than usual though.
That was their oldest trick in the book for me. Locked out. Internet rolling along otherwise..

Fak...I don't even like talking about it. Just became a lesson for me.

They were cheating...I didn't even have a chance to under their rules.

I left...they win.
  • #21,859
  • Oct 4, 2011 9:10pm Oct 4, 2011 9:10pm
Quoting pkimnyc
gn bastards.
Bastard!
  • #21,860
  • Oct 4, 2011 9:11pm Oct 4, 2011 9:11pm
Quoting FibbinArchie
well i've been full time with them for two years, and from what i recall the servers have gone down just once in that time, i was straight on the phone to them and it was genuine, it wasn't during nfp or other high volatility scenario, and the spreads are usually good during nfp, 2 pips on e/u...
it was a more or less constant .9 when I started trading last year.
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