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Cable Update (GBPUSD)

  • #386,781
  • Jul 11, 2014 4:56pm Jul 11, 2014 4:56pm
Quoting albchr
{quote} Yes Billy, just like I "typed" in the post you quoted too. Good vino tonight brother?? .....
Sorry dad XXX
  • #386,782
  • Jul 11, 2014 4:56pm Jul 11, 2014 4:56pm
J your own chart says channel break same as me ,
there's no spike up in my chart ,looks very clear to me,



Quoting JimmyC
{quote} Doji ... {image}
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly 11.png Size: 20 KB
Click to Enlarge Name: GBPJPYWeekly.png Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #386,783
  • Jul 11, 2014 4:57pm Jul 11, 2014 4:57pm
Quoting albchr
{quote} seriously?? Here's how my wonderful broker closed the 4h ... {image}
sorry i just looked at chart
  • #386,784
  • Jul 11, 2014 4:57pm Jul 11, 2014 4:57pm
Quoting albchr
{quote} My ibfx broker closed at 4:00pm ET before it happened. My armada closes 1 hour later at 5:00pm and it has the spike. What does that suggest the big guys are up to on a Friday close?? Crazy... {image}
Now I only trust ECN brokers.Lot of brokers run internal softwares that widen spread,create spikes that obviously benefits them.
If it was market spike it should of shown on my MBtrading as well.
In trading, you have to be defensive and aggressive at the same time
  • #386,785
  • Jul 11, 2014 4:58pm Jul 11, 2014 4:58pm
Quoting elbert3
{quote} Sorry dad XXX
....
Ghost Rider - WWTBMD?
  • #386,786
  • Jul 11, 2014 4:59pm Jul 11, 2014 4:59pm
Quoting Davit
{quote} Now I only trust ECN brokers.Lot of brokers run internal softwares that widen spread,create spikes that obviously benefits them. If it was market spike it should of shown on my MBtrading as well.
Yeah, I'm already in the search for one. For other reasons as well.
Ghost Rider - WWTBMD?
  • #386,787
  • Jul 11, 2014 5:00pm Jul 11, 2014 5:00pm
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 84 KB
It will most prob recoil..have to sit at pc on sunday night
  • #386,788
  • Jul 11, 2014 5:02pm Jul 11, 2014 5:02pm
Quoting albchr
{quote} My ibfx broker closed at 4:00pm ET before it happened. My armada closes 1 hour later at 5:00pm and it has the spike. What does that suggest the big guys are up to on a Friday close?? Crazy... {image}
GKFX fyi
Attached Image (click to enlarge)
Click to Enlarge Name: spike.JPG Size: 78 KB
  • #386,789
  • Jul 11, 2014 5:02pm Jul 11, 2014 5:02pm
Quoting elbert3
{image} It will most prob recoil..have to sit at pc on sunday night
Is your broker still open Billy?
Ghost Rider - WWTBMD?
  • #386,790
  • Jul 11, 2014 5:05pm Jul 11, 2014 5:05pm
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 81 KB
looking at the emas it looks like a dive down taking out stops then up to 1.7130 and then down
  • #386,791
  • Jul 11, 2014 5:06pm Jul 11, 2014 5:06pm
Quoting Davit
{quote} Yes lot of discrepancies and my Oanda I suspect runs internal stop taking software not showing on MB trading. MBtrading is ECN broker which I am happy This is pathetic in a way that if you have 20-30pip stop you almost guaranteed to be taken out if with wrong broker.
ECN is a big myth...it is just an excuse for setting bigger commissions...

A true ECN broker must show the client quotes from several liquidity providers, the market depth and process trades straight through with the liquidity provider, without the intervention of a dealing desk.

I have seen time and time again STP brokers advertising themselves as ECN brokers eventhough they offer MT4 which is not an ECN environment out of the box. It is true that it can be an ECN platform with plugins that show multiple quotes and the depth of the market.... but most of the brokers (>99%) cheat on this....
The good thing with the future is that it is progressively approaching...
  • #386,792
  • Jul 11, 2014 5:08pm Jul 11, 2014 5:08pm
Quoting gjgjg
{quote} GKFX fyi {image}
Yep, seems everyone who has a broker that was open has it.

If you subscribe to the market pressure theory, that could have been a large block of buy orders placed last minute. Sunday open should be......interesting.

Anyway, I'm calling it a week folks. Enjoy and have a great weekend.
Ghost Rider - WWTBMD?
  • #386,793
  • Jul 11, 2014 5:10pm Jul 11, 2014 5:10pm
Quoting albchr
{quote} Is your broker still open Billy?
no its 11 at night here it must be filled ,,when i came over the trade ticket was open on the pc at first i though it was the ticket to confirm stopped out on 116 were it took all the trades i posted earlier , but that was behind it,if you can understand that,,, then i saw the chart and realized what happened
  • #386,794
  • Jul 11, 2014 5:10pm Jul 11, 2014 5:10pm
Quoting spinozagr
{quote} ECN is a big myth...it is just an excuse for setting bigger commissions... A true ECN broker must show the client quotes from several liquidity providers, the market depth and process trades straight through with the liquidity provider, without the intervention of a dealing desk. I have seen time and time again STP brokers advertising themselves as ECN brokers eventhough they offer MT4 which is not an ECN environment out of the box. It is true that it can be an ECN platform with plugins that show multiple quotes and the depth of the market.......
You could be right but my MBtrading account has commission free trading.Only pay the spread.Spread same on most.
Nothing freezes and no re-quotes
In trading, you have to be defensive and aggressive at the same time
  • #386,795
  • Jul 11, 2014 5:13pm Jul 11, 2014 5:13pm
Quoting Davit
{quote} You could be right but my MBtrading account has commission free trading.Only pay the spread.Spread same on most. Nothing freezes and no re-quotes
if i may, the amount of spread in average?
The good thing with the future is that it is progressively approaching...
  • #386,796
  • Jul 11, 2014 5:19pm Jul 11, 2014 5:19pm
Order
On 11-Jul-2014 at 22:16:20 (GMT)
You order to buy 10 GBPUSD spot @ 1.70665 limit G.T.C. .
Front office order id: 56404799
Account: 5589929

i just placed this tp order i dont know if it gets filled but it looks like it has gone,,first time i have done one when closed
  • #386,797
  • Jul 11, 2014 5:23pm Jul 11, 2014 5:23pm
Quoting Davit
I have MBtrading and Oanda accounts Check this out.You be the judge MBtrading no spike Oanda gigantic spike {image} {image}
I'm also on Oanda and it was a 20 pip spread, when the market opens back up this will be interesting...
  • #386,798
  • Jul 11, 2014 5:24pm Jul 11, 2014 5:24pm
1.7123 now
  • #386,799
  • Jul 11, 2014 5:26pm Jul 11, 2014 5:26pm
Check this out,that has to be some form of market manipulation that 5 min chart,, explain that if your trading the pair,,stop hunting at its best gmt time 21.55 close time 22.00
Attached Image (click to enlarge)
Click to Enlarge Name: eurgb.png Size: 88 KB
  • #386,800
  • Jul 11, 2014 5:28pm Jul 11, 2014 5:28pm
Quoting cspip
1.7123 now
I think the 'proper high' before the spike was 1.7124......its nearly back there....theres more activity now than the last 30 mins before the main close !
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