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Cable Update (GBPUSD)

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  • Post #377,301
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  • May 13, 2014 6:43am May 13, 2014 6:43am
  •  albchr
  • Joined Mar 2009 | Status: Member | 25,480 Posts
Quoting mamalujo
Disliked
some one please confirm. if your are long gbpusd, overnite swap will be negative right?
Ignored
Depends on your broker. Mine is 24/7....
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Ghost Rider - WWTBMD?
 
 
  • Post #377,302
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  • May 13, 2014 6:48am May 13, 2014 6:48am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,911 Posts
eur usd = freefall
#doyourownanalysisordietryin
 
 
  • Post #377,303
  • Quote
  • May 13, 2014 6:51am May 13, 2014 6:51am
  •  giveachance
  • | Joined Jun 2013 | Status: Trader by hobby not by profession | 5,987 Posts
Quoting Bones
Disliked
eur usd = freefall
Ignored

eur/usd is not in freefall. you will be suprised when this bitch goes in freefall now. buying eur/gbp on all dips.
 
 
  • Post #377,304
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  • May 13, 2014 6:56am May 13, 2014 6:56am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,911 Posts
now usdx is above 80
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#doyourownanalysisordietryin
 
 
  • Post #377,305
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  • May 13, 2014 6:57am May 13, 2014 6:57am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,911 Posts
ok


Quoting giveachance
Disliked
{quote} eur/usd is not in freefall. you will be suprised when this bitch goes in freefall now. buying eur/gbp on all dips.
Ignored
#doyourownanalysisordietryin
 
 
  • Post #377,306
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  • May 13, 2014 6:58am May 13, 2014 6:58am
  •  mamalujo
  • | Joined Aug 2012 | Status: Member | 643 Posts
Quoting albchr
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{quote} Depends on your broker. Mine is 24/7.... {image}
Ignored
why is it arbitrary, thought its suppose to have standard computation?
 
 
  • Post #377,307
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  • May 13, 2014 6:58am May 13, 2014 6:58am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,911 Posts
gbp usd w1 shooting star has broke north
#doyourownanalysisordietryin
 
 
  • Post #377,308
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  • May 13, 2014 6:59am May 13, 2014 6:59am
  •  PoundTrader
  • Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
Quoting albchr
Disliked
{quote} ...bite your tongue PT.... I'm short scalping the dragon right now...
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  • Post #377,309
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  • May 13, 2014 7:02am May 13, 2014 7:02am
  •  albchr
  • Joined Mar 2009 | Status: Member | 25,480 Posts
Quoting PoundTrader
Disliked
{quote}
Ignored
LOL... It's ok now bro. I'm out with a few +74.2 ... GU can now touch my buy zone of 6800/20 for the next leg up if she's ready.

How's the holiday going?
Ghost Rider - WWTBMD?
 
 
  • Post #377,310
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  • May 13, 2014 7:03am May 13, 2014 7:03am
  •  fxnewbie922
  • | Joined May 2014 | Status: Member | 15 Posts
hi, is there anyone buy GBP USD now? and tp 1.6900
 
 
  • Post #377,311
  • Quote
  • May 13, 2014 7:04am May 13, 2014 7:04am
  •  albchr
  • Joined Mar 2009 | Status: Member | 25,480 Posts
Quoting mamalujo
Disliked
{quote} why is it arbitrary, thought its suppose to have standard computation?
Ignored
... that's kind of like asking why are we here. Somebody else decided it, not me
Ghost Rider - WWTBMD?
 
 
  • Post #377,312
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  • May 13, 2014 7:05am May 13, 2014 7:05am
  •  albchr
  • Joined Mar 2009 | Status: Member | 25,480 Posts
EU?
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Ghost Rider - WWTBMD?
 
 
  • Post #377,313
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  • May 13, 2014 7:06am May 13, 2014 7:06am
  •  albchr
  • Joined Mar 2009 | Status: Member | 25,480 Posts
Long time no see Paul.
Ghost Rider - WWTBMD?
 
 
  • Post #377,314
  • Quote
  • May 13, 2014 7:09am May 13, 2014 7:09am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,911 Posts
dreamer trend trader crack me up
#doyourownanalysisordietryin
 
 
  • Post #377,315
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  • May 13, 2014 7:12am May 13, 2014 7:12am
  •  gammase1
  • Joined Jun 2008 | Status: Member | 1,739 Posts
Quoting mamalujo
Disliked
{quote} why is it arbitrary, thought its suppose to have standard computation?
Ignored
It's how brokers made their money; either on the width of the spread when you open and close a trade or by the amount of swap points they charge for overnight rolls.

Yes, the computation is standard - and is a very simple calculation - but the amount of the cake taken by each broker differs. If you are long the currency with the higher overnight interest rate of the pair, then the swap points are always positive (prior to the broker taking a cut).

If you are a position trader and hold positions for days/weeks. then the amount charged on overnight positions should be a major factor when deciding on a broker.
 
 
  • Post #377,316
  • Quote
  • May 13, 2014 7:16am May 13, 2014 7:16am
  •  gammase1
  • Joined Jun 2008 | Status: Member | 1,739 Posts
Quoting albchr
Disliked
Long time no see Paul.
Ignored
You, too, Chris. Watching 6820 very closely and waiting to see if EURGBP can sustain the break below 8150, before taking a new position.
 
 
  • Post #377,317
  • Quote
  • May 13, 2014 7:19am May 13, 2014 7:19am
  •  albchr
  • Joined Mar 2009 | Status: Member | 25,480 Posts
Quoting gammase1
Disliked
{quote} You, too, Chris. Watching 6820 very closely and waiting to see if EURGBP can sustain the break below 8150, before taking a new position.
Ignored
I as well. Popcorn in hand and enjoying the show. So nice to see you post my friend.
Ghost Rider - WWTBMD?
 
 
  • Post #377,318
  • Quote
  • May 13, 2014 7:24am May 13, 2014 7:24am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,911 Posts
also

Quoting giveachance
Disliked
{quote} eur/usd is not in freefall. you will be suprised when this bitch goes in freefall now. buying eur/gbp on all dips.
Ignored
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#doyourownanalysisordietryin
 
 
  • Post #377,319
  • Quote
  • May 13, 2014 7:26am May 13, 2014 7:26am
  •  maximinus
  • | Joined May 2010 | Status: Non Member | 2,751 Posts
Quoting albchr
Disliked
{quote} Depends on your broker. Mine is 24/7.... {image}
Ignored
Lets compare brokers premium rate/ Mine is as belowe.
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Don't be smart. Be rich.
 
 
  • Post #377,320
  • Quote
  • May 13, 2014 7:27am May 13, 2014 7:27am
  •  Fxtein
  • | Commercial Member | Joined May 2011 | 29 Posts
Quoting albchr
Disliked
{quote} I as well. Popcorn in hand and enjoying the show. So nice to see you post my friend.
Ignored

GU bounced at x.xx30 level
 
 
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