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AUD/USD

  • #43,641
  • May 1, 2012 12:40am May 1, 2012 12:40am
Quoting Noobicle
this is how i feeling right now....
Love that song.
Thanks for the video.
Holy Grail part 1. - Cut loses short.
  • #43,642
  • May 1, 2012 12:43am May 1, 2012 12:43am
Quoting Baz00ka
No the problem is tht i had 2 pending orders,one was for buy at 1.0403 also,this one got activated and u know what the worst thing is tht even when this trade started moving against me,it also MISSED the stop loss at 100%!! The stop loss went to further 130%!!! and then closed my trade! ((((

Watz goin on here?? Does this happen with every forex broker out there?
thats normal. broker will only tell u thats slippage during major events.

I have slippage up to 5 times. and just now it closed 3 of my sell orders, and 2 buy orders all wrongly. i made 5 orders all negative within 1 minute.

my stop loss for sell hit at spikes. and my stop loss for buy close further away by 21 pips. thanks.
  • #43,643
  • May 1, 2012 12:51am May 1, 2012 12:51am
Quoting smilemiz
huh.... oh my goodness... this is not good...
dafug..

you live in sentosa cove?!
  • #43,644
  • May 1, 2012 12:54am May 1, 2012 12:54am
Quoting smilemiz
but etoro is a good broker...
Don't get mad, get even!
  • #43,645
  • May 1, 2012 12:55am May 1, 2012 12:55am
Quoting stulic
i always thought etoro is locked in margin? you bet 100 for 100, you can't lose more than that of invested?
  • #43,646
  • May 1, 2012 12:59am May 1, 2012 12:59am
Quoting Leunammj
i always thought etoro is locked in margin? you bet 100 for 100, you can't lose more than that of invested?
google etoro reviews an check all sides of the situation before u make your broker selection
  • #43,647
  • May 1, 2012 1:00am May 1, 2012 1:00am
Quoting smilemiz
huh.... oh my goodness... this is not good...
Just talked with their live support and they saying tht they cant do anythin or guarentee anything :/...

Man i am seriously pissed... Can u guyz plz tell me if i shud opt for another gud forex broker? cause Etoro has been giving me loads of problems since sum time now... i usually trade very small amounts,but even then this is not right by all means...

Anybody using AVAFX?
  • #43,648
  • May 1, 2012 1:00am May 1, 2012 1:00am
Hello
http://hkgshare.com/di-OJJ8.jpg
  • #43,649
  • May 1, 2012 1:02am May 1, 2012 1:02am
hotforex is the best i seen so far, currently testing them on a demo....0.9pip spread on aud/usd at the moment

it was 0.9 but now 1.2 but there average spread is 2, u cant find that much places without being a vip member
^_^
  • #43,650
  • May 1, 2012 1:04am May 1, 2012 1:04am
Quoting Baz00ka
Does this happen with every forex broker out there?
Proceeding an important news event I make sure I have no open orders open. I tend to stay away from them all together and if I do decide to enter I enter at market.
  • #43,651
  • May 1, 2012 1:05am May 1, 2012 1:05am
Quoting 1stECN
I see AUDUSD dropping before 4am NY time in the morning.
glad AUDUSD obeyed the rule by dropping.
Perfect Trading Core completed on 13/10/2012 : 2002-2012 |10yrs
  • #43,652
  • May 1, 2012 1:10am May 1, 2012 1:10am
Quoting 1stECN
glad AUDUSD obeyed the rule by dropping.
whats your next rule please?
  • #43,653
  • May 1, 2012 1:11am May 1, 2012 1:11am
Quoting Noobicle
hotforex is the best i seen so far, currently testing them on a demo....0.9pip spread on aud/usd at the moment

it was 0.9 but now 1.2 but there average spread is 2, u cant find that much places without being a vip member
^_^
i have up to 5 different times in slippage with them already :-)
  • #43,654
  • May 1, 2012 1:13am May 1, 2012 1:13am
Quoting Baz00ka
Just talked with their live support and they saying tht they cant do anythin or guarentee anything :/...

Man i am seriously pissed... Can u guyz plz tell me if i shud opt for another gud forex broker? cause Etoro has been giving me loads of problems since sum time now... i usually trade very small amounts,but even then this is not right by all means...

Anybody using AVAFX?
Check the bid and ask prices. For your pending sell, the bid price is what you look at. For the pending buy, the ask price is what matters. If price reached your order entry price, then ask your broker if the prices are correct or ask for a record of the prices. If you were screwed, then launch a complaint with the regulatory body(s), assuming there is one, and send a copy of the complaint you filed with regulatory agency to the broker.
  • #43,655
  • May 1, 2012 1:13am May 1, 2012 1:13am
Quoting whackdiddy
His account was suspended but you are all still talking about it...

Anyway, back on track.

Totally agree with rafiqhidayat, newbies like me should not trade news..

I am 4 x short trades, overcapitalised and hoping like mad for a .50 rate cut to pull back some profits.

60% chance it will be a .25 cut.
80% of analysts are saying not to short AUD at the moment.

SO WHY AM I SHORT, because my emotions got the better of me!!

As for the market having already priced in the rate cut, please just watch the 1 minute chart around the time...
hope you got out of your shorts safely!
  • #43,656
  • May 1, 2012 1:15am May 1, 2012 1:15am
Quoting Leunammj
i have up to 5 different times in slippage with them already :-)
ye i heard a couple people say they have slippage, but i also havnt read about a site that has perfect execution

how long were the slips?

my demo seems to execute in under a sec, but their live servers probably be different...

yeah another thing is they only have base currencys as USD an EUR, not cool...
  • #43,657
  • May 1, 2012 1:21am May 1, 2012 1:21am
Quoting Noobicle
hotforex is the best i seen so far, currently testing them on a demo....0.9pip spread on aud/usd at the moment

it was 0.9 but now 1.2 but there average spread is 2, u cant find that much places without being a vip member
^_^
you're absolutely correct. I use 11 brokers just because I need to guard against their bankruptcy. How I manage to trade all 11 simultaneously? I use a metatrader multitier.
Perfect Trading Core completed on 13/10/2012 : 2002-2012 |10yrs
  • #43,658
  • May 1, 2012 1:35am May 1, 2012 1:35am
I did thanks JayjB,,

But I got a bit skittish thinking it would bounce, I had a short in at 1.046 and closed it at 1.039 one minute before the bottom dropped out of the dollar and it went to 1.32. But hey still was a profit so not complaining with this trade.

Problem was I had 4 short, one was 1.033 so made a bit of a loss, if only I had waited. But we all have said that many times before.

Lets wait and see what the US announces tonight to see if the AUD does indeed bounce.
A genius is born every minute, me I am lucky if my socks match.
  • #43,659
  • May 1, 2012 1:41am May 1, 2012 1:41am
Quoting jayjb
hope you got out of your shorts safely!
are you still long st current levels
  • #43,660
  • May 1, 2012 1:42am May 1, 2012 1:42am
I think the AUDUSD is a buy this is a shock rate cute to calm all the pressure for the local government. RBA has no more room to move down now. Looking to buy after LON NY open in case any further dumping... so while more lower prices likely, I think this is a good op for a buy and hold. RBA are really backed into a corner now regarding rates and the carry market may pick up on this....

scfx
The best indicator is price.
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