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AUD/USD

  • #43,641
  • Apr 30, 2012 10:40pm Apr 30, 2012 10:40pm
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
  • Apr 30, 2012 10:43pm Apr 30, 2012 10:43pm
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
  • Apr 30, 2012 10:51pm Apr 30, 2012 10:51pm
Quoting smilemiz
huh.... oh my goodness... this is not good...
dafug..

you live in sentosa cove?!
  • #43,644
  • Apr 30, 2012 10:54pm Apr 30, 2012 10:54pm
Quoting smilemiz
but etoro is a good broker...
Don't get mad, get even!
  • #43,645
  • Apr 30, 2012 10:55pm Apr 30, 2012 10:55pm
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
  • Apr 30, 2012 10:59pm Apr 30, 2012 10:59pm
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
  • Apr 30, 2012 11:00pm Apr 30, 2012 11:00pm
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
  • Apr 30, 2012 11:00pm Apr 30, 2012 11:00pm
Hello
http://hkgshare.com/di-OJJ8.jpg
  • #43,649
  • Apr 30, 2012 11:02pm Apr 30, 2012 11:02pm
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
  • Apr 30, 2012 11:04pm Apr 30, 2012 11:04pm
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
  • Apr 30, 2012 11:05pm Apr 30, 2012 11:05pm
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
  • Apr 30, 2012 11:10pm Apr 30, 2012 11:10pm
Quoting 1stECN
glad AUDUSD obeyed the rule by dropping.
whats your next rule please?
  • #43,653
  • Apr 30, 2012 11:11pm Apr 30, 2012 11:11pm
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
  • Apr 30, 2012 11:13pm Apr 30, 2012 11:13pm
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
  • Apr 30, 2012 11:13pm Apr 30, 2012 11:13pm
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
  • Apr 30, 2012 11:15pm Apr 30, 2012 11:15pm
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
  • Apr 30, 2012 11:21pm Apr 30, 2012 11:21pm
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
  • Apr 30, 2012 11:35pm Apr 30, 2012 11:35pm
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
  • Apr 30, 2012 11:41pm Apr 30, 2012 11:41pm
Quoting jayjb
hope you got out of your shorts safely!
are you still long st current levels
  • #43,660
  • Apr 30, 2012 11:42pm Apr 30, 2012 11:42pm
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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