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US Trade balance 12:30 Gmt

  • #41
  • Sep 12, 2006 9:59am Sep 12, 2006 9:59am
Quoting BurgerKing
Two thumbs up for NorthFinance!

They disconnects everyone!
My Long was ok for 15 pips win.
But my Short was still ther for a 10 pip loss
Yeah it even happened on the demo. Just as the move happened, it froze and disconnected. BurgerKing how often does this happen?

On the charts it says they got disconnected for 4 minutes, but I think it was much longer than that, maybe 10-15 minutes?

And would you know it, they got back online once the move reversed!

I got a weird story from this one. My charts froze, but I was filled no slipage. I tried to close the profit, I got a re-quote hit that one, and nothing happened, no connection. I somehow menaged to cancel the short limit order or so I thought!

Well you know happened! Yep! The exact opposite, my profit trade got closed for +25, exactly at the requote price, but what do you know - the limit short order soomehow menaged to stay open! I just logged in and what do I see -35 pips waiting for me. On the other hand, I may be halucinating. But as a recall I cancelled that short order!

All in all, a bad performance from north finance this time.

Guys did the same thing like what happened to me and burgerking happened to you with NF? Do tell.
  • #42
  • Sep 12, 2006 10:13am Sep 12, 2006 10:13am
so can someone tell me, why do we have a strengthening USD after all this?
TRADE FOR SWAP
  • #43
  • Sep 12, 2006 10:29am Sep 12, 2006 10:29am
Quoting fxkingg
Guys did the same thing like what happened to me and burgerking happened to you with NF? Do tell.
Yeah... I think it happened to everyone trading with NorthFinance...
I was happy to have them as my broker... but for the last one week their performance is sooooo bad.... Their server went down about 3 or 4 in one week alone and it was always at around 8.30 EST. I dunno what happened, but if this keeps going on in the future, I have no other choise but to look for another broker with more reliable server...

NF's service is very good and I like the platform itself, but unfortunately their server is not as good as it used to be... Where is my happy days with NF...?
I hope NF could resolve the problem on their server soon...
  • #44
  • Sep 12, 2006 10:41am Sep 12, 2006 10:41am
I said something about how 2 conflicting reports can conflict with other differetn currencies. US trade was down, but compared to CAD trade, CAD had the worst. Which caused a little whipsaw before the EUR and GBP plumited. Also, with Oil prices falling, this is great for trading in other sectors (stocks just to name a few). SO that is my summary. CAD trade balance is the reason why US is strong now. If this report was on another day, then the dollar would have been weak right about now.
  • #45
  • Sep 12, 2006 10:52am Sep 12, 2006 10:52am
Quoting hunter101
I said something about how 2 conflicting reports can conflict with other differetn currencies. US trade was down, but compared to CAD trade, CAD had the worst. Which caused a little whipsaw before the EUR and GBP plumited. Also, with Oil prices falling, this is great for trading in other sectors (stocks just to name a few). SO that is my summary. CAD trade balance is the reason why US is strong now. If this report was on another day, then the dollar would have been weak right about now.
Also there is a strong resistance in GBP/USD @ 1.8775 and I think there are alot of trader short GBP/USD around that level...
  • #46
  • Sep 12, 2006 11:00am Sep 12, 2006 11:00am
Quoting cgldsmth
so can someone tell me, why do we have a strengthening USD after all this?
Haven't got time to read anything yet.
Could it had been that energy (oil ) was the reason for the wider deficit ? In the last Fed report it says that energy could be a concern to inflation if it stayed at those price levels. That interpretes a possible hike in interest rates.
Just a thought. Nothing solid.

Highway
  • #47
  • Sep 12, 2006 1:56pm Sep 12, 2006 1:56pm
Quoting cgldsmth
so can someone tell me, why do we have a strengthening USD after all this?
Why would you assume anyone gives a crap about a couple B in the trade balance?
  • #48
  • Sep 12, 2006 1:58pm Sep 12, 2006 1:58pm
Quoting cgldsmth
so can someone tell me, why do we have a strengthening USD after all this?
Check out my post #25 on this thread. It offers my perspective

http://www.forexfactory.com/forexfor...?t=7882&page=2
Profit is where readiness meets Opportunity
  • #49
  • Sep 12, 2006 2:26pm Sep 12, 2006 2:26pm
Quoting cgldsmth
so can someone tell me, why do we have a strengthening USD after all this?
The trend es tu amigo. I thought the GBP cpi report offered a nice spot to short the gbpusd and did so. The US trade balance came out as no significant difference (imo) and I am holding on-which is with the long term trend as i see it.
My spanish is not muy bueno.. happy trading.
  • #50
  • Edited 6:46pm Sep 13, 2006 11:13am | Edited 6:46pm
Quoting BurgerKing
Two thumbs up for NorthFinance!

They disconnects everyone!
My Long was ok for 15 pips win.
But my Short was still ther for a 10 pip loss

I have been in communication with FXCM when I had a problem with them, and I was in communication with GFT when I had a problem with them to. By this time, I am totally helpless asking Brokers about foul play.

Just this morning, GFT called and I asked them WHY they do what they did to me, to all those who made MARKET/ENTRY orders before the news. They told me its THEIR RULES! Its their RULES to delay execution (to verify the price ) and the DELAY can extend to as much time as they WISH! Thats for you all to know! Live with it and cry over spilled milk. I'd close my account instead.

Anyways, I did filed a complain with NorthFinance for yesterday's outage. My 10 pips SHORT loss was entered 6 minutes after the news. At this time, their server was still down. So I wrote, that order should not be honored.

Today, I got an email stating that they will look at it. Gee... im excited (correction)!

When I opened my NorthFinance platform, BOOM! That 10 pips loss was refunded!

Squeeky wheel getting the grease? Nope. It was the Broker being humane unlike GFT. NorthFinance listens! Thats 2 thumbs up!
  • #51
  • Sep 13, 2006 2:13pm Sep 13, 2006 2:13pm
Quoting cgldsmth
so can someone tell me, why do we have a strengthening USD after all this?
This is what I found out ......... but only afterI got too stopped out.

Acording to the FXCM news there was a large Option on the EUR/USD at 1.2700 that expired at 10 am EST or GMT 2:00.

The further away from 1.2700 price was the more the Option writer would have to pay out, so they stopped the move...... dead. Check out where price was at Option Expire time.

Dean.
Attached Images
perception is reality
  • #52
  • Sep 13, 2006 2:37pm Sep 13, 2006 2:37pm
I can vouch for it, I too queried the Trade Balance fiasco and they rectified the mistake. All I did was e-mail a copy of the journal and all was well within 24 hours!

Good going Northfinance

Quoting BurgerKing
I have been in communication with FXCM when I had a problem with them, and I was in communication with GFT when I had a problem with them to. By this time, I am totally helpless asking Brokers about foul play.

Just this morning, GFT called and I asked them WHY they do what they did to me, to all those who made MARKET/ENTRY orders before the news. They told me its THEIR RULES! Its their RULES to delay execution (to verify the price ) and the DELAY can extend to as much time as they WISH! Thats for you all to know! Live with it and cry over spilled milk. I'd close my account instead.

Anyways, I did filed a complain with NorthFinance for yesterday's outage. My 10 pips SHORT loss was entered 6 minutes after the news. At this time, their server was still down. So I wrote, that order should not be honored.

Today, I got an email stating that they will look at it. Gee... im exited!

When I opened my NorthFinance platform, BOOM! That 10 pips loss was refunded!

Squeeky wheel getting the grease? Nope. It was the Broker being humane unlike GFT. NorthFinance listens! Thats 2 thumbs up!
a journey of a thousand trades begins with a single pip
  • #53
  • Sep 13, 2006 6:50pm Sep 13, 2006 6:50pm
Quote
I can vouch for it, I too queried the Trade Balance fiasco and they rectified the mistake. All I did was e-mail a copy of the journal and all was well within 24 hours!

Good going Northfinance

You too? WOW! Thats good!

We should always file formal complains; sure most brokers wont listen, but when it comes to being honest, fair and all, somewhere along the way, we'd see some being honest to us as well.

NF is looking better and better to me now. =)
  • #54
  • Sep 17, 2006 8:23am Sep 17, 2006 8:23am
Quoting BurgerKing
You too? WOW! Thats good!

We should always file formal complains; sure most brokers wont listen, but when it comes to being honest, fair and all, somewhere along the way, we'd see some being honest to us as well.

NF is looking better and better to me now. =)
Whooooaaaa! That's why I love NF, despite of the server outage recently... See, NF is honest...

BTW, you did send a complaint email to NF because of the server outage or price delay...? How did you do that? What did you tell them...? And in case of price delay, how did you prove to the broker that their their price is delayed because of their mistakes (not because of our internet connection...?)
  • #55
  • Last Post: Nov 2, 2025 8:20pm Nov 2, 2025 8:20pm
Quoting Money Talks
Little under an hour to go. Forecast is 65.5 billion and if its more or equal to this i thing we'll see the Eur dollar head towards the 1.28's. If its less we're looking at 1.25 Anyone playing this one??
20 years on, not much has changed.
Que Sera
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