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Cable Update (GBPUSD)

  • #340,061
  • May 5, 2013 4:17pm May 5, 2013 4:17pm
Quoting big_pipin
{quote} So bearish?
I don't know what the market will do, those were just what came into view as an idea.
But if they played out as drawn, they are bullish.
Come with me if you want to live....
  • #340,062
  • May 5, 2013 4:28pm May 5, 2013 4:28pm
GBP/NZD OPENED WITH A 24.9 PIP SPREAD ON FXCM AND ITS NOT NARROWING! You know how many traders holding overnight got taken out because of a rediculous spread????????????? If there is no investigation or at least a big outcry from someone on one of the major Forex feeds, this game has gone totally to the wolves. OH I forgot, this was the gbp/usd thread, no one cares.Its ok there is a 10.8 spread on this pait right now!!!!!!!!!!!!!!!!!!
  • #340,063
  • May 5, 2013 4:30pm May 5, 2013 4:30pm
I left fxcm cause at one time they had a 72 pip spread. They say its the banks that do it. They dont. I dont believe that.
  • #340,064
  • May 5, 2013 4:31pm May 5, 2013 4:31pm
Quoting ferreira1239
Look at my broker spread. 14.6 was at 18.9 what bullsh***T {image}
dO YOU KNOW HOW MANY POSITIONS, EVEN ACCTS WERE CLOSED BECAUSE OF THIS NONSENSE. wILL ANY OF THE MAJOR FEEDS OR NEWSWIRES EVEN REPORT THIS. GBP/NZD IS STILL AT 24.9 PIP SPREAD AFTER 30 MIN TRADING. HELLO REGULATORS WHERE ARE YOU? BETTER YET..................."WHO" ARE YOU?
  • #340,065
  • May 5, 2013 4:39pm May 5, 2013 4:39pm
Quoting Silat50
GBP/NZD OPENED WITH A 24.9 PIP SPREAD ON FXCM AND ITS NOT NARROWING! You know how many traders holding overnight got taken out because of a rediculous spread????????????? If there is no investigation or at least a big outcry from someone on one of the major Forex feeds, this game has gone totally to the wolves. OH I forgot, this was the gbp/usd thread, no one cares.Its ok there is a 10.8 spread on this pait right now!!!!!!!!!!!!!!!!!!

sydney usually has this kind of spread at opening recently.. i noticed it too..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,066
  • May 5, 2013 4:41pm May 5, 2013 4:41pm
yes it is fustrating. what can we do we are sutch small players in this game. By the way my spead just went up to 23.9 had to remove my SL otherwise they will take me out if they increase it by annother 25 pips.
  • #340,067
  • May 5, 2013 5:19pm May 5, 2013 5:19pm
it's normal for 5 digit broker....not surprised at all

Quoting ferreira1239
Look at my broker spread. 14.6 was at 18.9 what bullsh***T {image}
not euphoria follower
  • #340,068
  • May 5, 2013 5:38pm May 5, 2013 5:38pm
Ive hedged my possition spead went down to 1.7. hedged at 1.5558. spead increased to 11 after hedging. Cant watch this will come back to trade tomorrow morning. Trade safe chaps and make some pips.
  • #340,069
  • May 5, 2013 7:07pm May 5, 2013 7:07pm
Quoting nAVIN2007
{quote} that will be something..if it happens i will eat cardboard
lol... my man... what if does go down, I really want to see you eat cardboard... record it and post it here!
  • #340,070
  • May 5, 2013 7:11pm May 5, 2013 7:11pm
Quoting baherhosni
{quote} and when u get in to trouble, say "may day.. may day.." lol
I'll say it now... " May day... May day... May day"
  • #340,071
  • May 5, 2013 8:05pm May 5, 2013 8:05pm
Quoting ferreira1239
Look at my broker spread. 14.6 was at 18.9 what bullsh***T {image}

Simple solution: change your broker.
I have no clue what I'm talking about.
  • #340,072
  • May 5, 2013 8:16pm May 5, 2013 8:16pm
Quoting Boy Wonder
{quote} Simple solution: change your broker.
Any recomendations. would be gratefull.
  • #340,073
  • May 5, 2013 8:19pm May 5, 2013 8:19pm
simple.... just find 4 digit broker or ecn
Quoting ferreira1239
{quote} Any recomendations. would be gratefull.
not euphoria follower
  • #340,074
  • May 5, 2013 9:54pm May 5, 2013 9:54pm
About 156.00 -156.10 it hits 3 resistances on top of each other.

- The top of the channel
- The 50% fib from Jan 01 13
- The down sloping internal trend line starting at 09-21-12
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1-oanda-corporation 03-05.png Size: 46 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #340,075
  • May 5, 2013 10:07pm May 5, 2013 10:07pm
just focus to take sell only on GBP
GBP is on bearish track , it's just temporary rebound
sarjanaforex dot com
  • #340,076
  • May 5, 2013 11:39pm May 5, 2013 11:39pm
Quoting ferreira1239
{quote} Any recomendations. would be gratefull.
I recently changed my broker into Oanda and so far so good. I have no complain about treads, signal, execution and etc! Before was UpFX.com. What you have experience from your broker was nothing... it was worse for me.
  • #340,077
  • May 6, 2013 12:33am May 6, 2013 12:33am
whats going on.. expecting a fall to 5518b4 today runs out.. let the bears come out to plaay!!
Z
  • #340,078
  • May 6, 2013 12:56am May 6, 2013 12:56am
is this a good time to go short or is every body just Asleep??!
Z
  • #340,079
  • May 6, 2013 1:23am May 6, 2013 1:23am
Quoting KillerWhale
About 156.00 -156.10 it hits 3 resistances on top of each other. - The top of the channel - The 50% fib from Jan 01 13 - The down sloping internal trend line starting at 09-21-12 {image}
i totally agree on the many tech barriers, but i never under estimate momentum. and i feel i want to see today's close and how the pa will react to the 200ema on daily, if we go there again, to find a good sense of market direction..

cheers..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,080
  • May 6, 2013 1:24am May 6, 2013 1:24am
Just my two cents...
We could reach 61 fib level, there is some important resistance imo - 200sma on weekly tf, some minor trendline crosses, some consolidation area.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Weekly_2013.05.06.png Size: 77 KB
Click to Enlarge Name: Chart_GBP_USD_Daily_2013.05.06.png Size: 79 KB
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