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  • #950,261
  • Jan 14, 2015 9:49pm Jan 14, 2015 9:49pm
Quoting Mr Hatch
{quote} yes.
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  • #950,262
  • Jan 14, 2015 9:56pm Jan 14, 2015 9:56pm
Quoting OnlineAddict
{quote} I could write a book, we both don't have so much time. lol Lets just say that Oanda's platform doesn't even know about a real forex market...sometimes I feel they make their numbers up, they have so many non-existant spikes, I wonder how they can legally run the business within the US.
Thanks. "Spike" you are referring the same that I noticed.
  • #950,263
  • Jan 14, 2015 9:58pm Jan 14, 2015 9:58pm
Quoting Magicmen
{quote} Thanks. "Spike" you are referring the same that I noticed.
Its definitely impossible to use 10-20 SLs with Oanda...because many times those will be hit, even if the market doesn't even come close, Oanda does.

Btw EU doesn't look good for bulls...once 1770 is broken...1725 might be next...and then 1690. Whatever happens, I am glad I am out with some profit and can just watch. A pending short below 1770 is tempting, though. And another one below 1725.
Everyone can see the chart, but only a few can actually read it.
  • #950,264
  • Jan 14, 2015 10:04pm Jan 14, 2015 10:04pm
im still prefer buy EU!!!!!!!!!

1.24 1.24 1.24 TP
  • #950,265
  • Jan 14, 2015 10:07pm Jan 14, 2015 10:07pm
Quoting Nfp
im still prefer buy EU!!!!!!!!! 1.24 1.24 1.24 TP
On the charts...there is no indication of 1.24 whatsoever. Even a crazy strong bull move should stop at 2100. But it looks like it will go down first..maybe only down until the 22nd.
Everyone can see the chart, but only a few can actually read it.
  • #950,266
  • Jan 14, 2015 10:08pm Jan 14, 2015 10:08pm
Quoting Magicmen
{quote} Can you be more specific about shady things? I am using oanda. The only draw back I noticed so far was spread. It increase drastically during news
Oanda, FXCM, and many other large and recognized U.S. brokers are infamous for their slippage, chart accuracy accusations, and etc, etc. Just because it's regulated by U.S. laws doesn't mean it's safe, despite what the U.S. government says. Just search on google to see the cases and complaints against these established entities, and you'll see that getting an overseas broker is NOT NECESSARILY bad.

But honestly, Oanda's still better than FXCM, which takes the cake as the worst U.S. regulated broker for me. At least Oanda doesn't have a bucketload of lawsuits against them; FXCM has been found guilty several times for manipulating prices and whatnot at the expense of their customers. One of my college friends is an intern there, and while he says that you do learn a lot from working there, the working environment is known for being corrupt.
  • #950,267
  • Jan 14, 2015 10:09pm Jan 14, 2015 10:09pm
Quoting OnlineAddict
{quote} On the charts...there is no indication of 1.24 whatsoever. Even a crazy strong bull move should stop at 2100. But it looks like it will go down first..maybe only down until the 22nd.
this 1.20 to 1.23 (dont rule 1.24 out) is what i am waiting for... to short... i am not going long on eur... too easy to get burned in my case of trading style/strategy


Ps if QE is not done (i mean start not once again "announced.." )
  • #950,268
  • Jan 14, 2015 10:12pm Jan 14, 2015 10:12pm
Quoting OnlineAddict
{quote} Its definitely impossible to use 10-20 SLs with Oanda...because many times those will be hit, even if the market doesn't even come close, Oanda does. Btw EU doesn't look good for bulls...once 1770 is broken...1725 might be next...and then 1690. Whatever happens, I am glad I am out with some profit and can just watch. A pending short below 1770 is tempting, though. And another one below 1725.
True, bears are in control but I am bullish this week. Looking for 1703 or 1690 to long.
  • #950,269
  • Jan 14, 2015 10:14pm Jan 14, 2015 10:14pm
Quoting OnlineAddict
{quote} Its definitely impossible to use 10-20 SLs with Oanda...because many times those will be hit, even if the market doesn't even come close, Oanda does. Btw EU doesn't look good for bulls...once 1770 is broken...1725 might be next...and then 1690. Whatever happens, I am glad I am out with some profit and can just watch. A pending short below 1770 is tempting, though. And another one below 1725.
In the event that 1770 holds, however, I'm looking at 1800, 1850, and 1870 for my scalping longs as the next immediate resistances. I've got no predictions after that. Market should be looking to test support once those points are hit, but I can't tell with decent probability as to where it'll go. I'll just wait for a confirmed signal for bulls or bears and get in afterwards.
  • #950,270
  • Jan 14, 2015 10:15pm Jan 14, 2015 10:15pm
Quoting Magicmen
{quote} True, bears are in control but I am bullish this week. Looking for 1703 or 1690 to long.
Well, thats not being bullish. We have thursday and if you wanted to long 1690, that would mean 4 out of 5 days strong bears. But I am there with you...If 1770 and 1725 break, I would wait for 1690 to go long, too.
Everyone can see the chart, but only a few can actually read it.
  • #950,271
  • Jan 14, 2015 10:18pm Jan 14, 2015 10:18pm
Quoting Vermillion
{quote} Oanda, FXCM, and many other large and recognized U.S. brokers are infamous for their slippage, chart accuracy accusations, and etc, etc. Just because it's regulated by U.S. laws doesn't mean it's safe, despite what the U.S. government says. Just search on google to see the cases and complaints against these established entities, and you'll see that getting an overseas broker is NOT NECESSARILY bad. But honestly, Oanda's still better than FXCM, which takes the cake as the worst U.S. regulated broker for me. At least Oanda doesn't have a bucketload...
Thanks for that insight. When time permits, I will surf those reviews. I switched from xforex to oanda (Asia Pacific) in 2013.
  • #950,272
  • Jan 14, 2015 10:18pm Jan 14, 2015 10:18pm
Quoting Vermillion
{quote} In the event that 1770 holds, however, I'm looking at 1800, 1850, and 1870
I have the same view for the upside scenario, waiting to short 1870.
Everyone can see the chart, but only a few can actually read it.
  • #950,273
  • Jan 14, 2015 10:26pm Jan 14, 2015 10:26pm
May sounds crazy but I have 1981 in my chart. I will avoid shorts until then.
  • #950,274
  • Jan 14, 2015 10:30pm Jan 14, 2015 10:30pm
Quoting Magicmen
May sounds crazy but I have 1981 in my chart. I will avoid shorts until then.
I am trading intraday, so I wouldn't mind shorting both, 1870 and 1980.
Everyone can see the chart, but only a few can actually read it.
  • #950,275
  • Jan 14, 2015 10:40pm Jan 14, 2015 10:40pm
GM all one for the road

we are stuck in the box , its nice rang for walking the dog no break no shake

1580's still in play and 1930's the same shittt

eye on 1700 and 1880 for a break out of the box good luck
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  • #950,276
  • Jan 14, 2015 11:03pm Jan 14, 2015 11:03pm
one more for the road

levels to watch 117.70's and 116.30's we need a close on both to break

good for walking the dog
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  • #950,277
  • Jan 14, 2015 11:14pm Jan 14, 2015 11:14pm
Quoting OnlineAddict
Btw EU doesn't look good for bulls...once 1770 is broken...1725 might be next...and then 1690. Whatever happens, I am glad I am out with some profit and can just watch. A pending short below 1770 is tempting, though. And another one below 1725.
It looks even "worse" now...1770 is very very close...

EDIT: And its broken...safer to sit and wait how this plays out during London.
Everyone can see the chart, but only a few can actually read it.
  • #950,278
  • Jan 14, 2015 11:18pm Jan 14, 2015 11:18pm
Quoting Pharm0r
Live Top one never hit...was waiting for it, and missed the better entry @ 50 Bottom one is either break even or 100+ for a LL attempt have a good day {image} {image}
Closed +60. Wont have time to manage through news tomorrow and I don't wanna risk giving the pips away. Time to sleep 5 hours before work. Didnt get much charting or reading done tonight.
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  • #950,279
  • Jan 14, 2015 11:23pm Jan 14, 2015 11:23pm
Quoting Pharm0r
{quote} Closed +60. Wont have time to manage through news tomorrow and I don't wanna risk giving the pips away. Time to sleep 5 hours before work. Didnt get much charting or reading done tonight. {image}
Good night
  • #950,280
  • Jan 15, 2015 12:24am Jan 15, 2015 12:24am
Quoting OnlineAddict
{quote} It looks even "worse" now...1770 is very very close... EDIT: And its broken...safer to sit and wait how this plays out during London.
1760 is the 23.6, last thing that block the way to bottom.
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
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