Keep an eye out for the USD news here in 4 mins, it will keep me out of this euro level. Nice trading today on your end, really liked the euro trade you took earlier. **edit, just checked the front page, congrats! +155, great progress!
yeah, news is always important!thanks, Sam. there are ups and downs, but as long as our trading is profitable, we can be absolutely happy. I kind of get comfortable with this kind of trading. even though I miss a lot of opportunities cos of being away from the platform, this stays profitable and looks kind of constant at the moment.
I think we are on the right track, buddy
- #347
- Apr 13, 2013 2:54pm Apr 13, 2013 2:54pm
- Joined Mar 2008 | Status: Trader | 1,462 Posts
If you feel like staying up tomorrow night, keep an eye out for the gaps...a little bit of news today, we may see that reflected in the opening price. I know you're sticking solid with this method but if you're awake, watch along and see what happens 
If you feel like staying up tomorrow night, keep an eye out for the gaps...a little bit of news today, we may see that reflected in the opening price. I know you're sticking solid with this method but if you're awake, watch along and see what happens
what about the spread, isn´t it quite huge at that time?
Sorry I didn't get back earlier, was out and trading via mobile. Depends on the gap re: entries. Unfortunately, today was quite poor. I did take the GJ, the only decent one, but of course paid a hell of a spread, I think it was 10pips when I entered, maybe half that when TP was executed. Ended up with net 18pips. What broker are you with? Below you can see my fxtrade screenshot (second screenshot). Fxtrade (Oanda) doesn't really show the gap...I always verify with a second & third source @ fxstreet (or mt4, etc). The fxstreet screenshot is shown...
you are right, there were not many gaps last night, so I didn't take any of that trades.
I had a look on gbp/jpy and saw a 18pip gap on alpariUK and a 25pip gap on go markets. I use different brokers and different accounts, some in demo and some with real money. I also have accounts at pepperstone (very low spread but commission) which is good for scalping and also use think forex which is ok as well. go markets seems pretty slow on my platform.
I also see some bounce levels but at the moment they are pretty far away from price, so maybe not much trading for me today cos I´ve got to leave soon for work... maybe via mobile...
