Posted:
#26
faked out by the cross... always seems to get me 
12/7.....Only 16 Forex days left b4 Xmas
Posted:
#27
Pop what cross did you miss?
USD/CHF has had the DMI lines cross 4 times in the last few trading days and every one has been good for 100+ pips
12/4 7am +DMI down cross went from 1.2150 to 1.1950 and thats not top or bottom
12/4 23:00..+DMI up cross went from 1.20 to 1.22 again not top or bottom so plenty of room for entry/exit
12/8 3:00 +DMI down cross went from 1.2150 to 1.20
12/8 15:00 +DMI up cross from 1.2020 to 1.2120
Posted:
#28
What I have noticed regarding the CHF is you can trade it within extremes and it has been a GREAT trading-range pair for some time.
Check out a month chart on it, until it either breaks 1.23 or 1.18 it is still inside that range.
At this ACM place the spread is 3 pips on that sucker..which is pretty good.
Most pairs there are between 2-4 pips spread. If you guys have questions about them I can answer.
One thing I did find very interesting is that there are ZERO capital gains taxes when trading with them and you can wire out, CC deposit and wire out. Their news feature isnt that great..the Forex news function had some pretty insightful stuff and that FXCM news wasnt bad.
One good trade in the books, gonna figure out this platform and maybe try another..Ive forgotten my fav pairs, switching things around has gotten me out of sync a bit.
Check out a month chart on it, until it either breaks 1.23 or 1.18 it is still inside that range.
At this ACM place the spread is 3 pips on that sucker..which is pretty good.
Most pairs there are between 2-4 pips spread. If you guys have questions about them I can answer.
One thing I did find very interesting is that there are ZERO capital gains taxes when trading with them and you can wire out, CC deposit and wire out. Their news feature isnt that great..the Forex news function had some pretty insightful stuff and that FXCM news wasnt bad.
One good trade in the books, gonna figure out this platform and maybe try another..Ive forgotten my fav pairs, switching things around has gotten me out of sync a bit.
Posted:
#30
buck, i meant the aud/jpy... i thought there was a cross coming at 11pm, so i sold at around 1030. when the neww 4 hour came out the cross didn't happen, so i sold at break even.
i seem to get faked out a little bit by crosses that i think are coming, but don't actually come. is there a way that you confirm your corsses before they visually cross on the charts?
for pairs you can switch in and out any pair in FXCM.... it is kind of a pain that you can only look at 12 or 16(i forget) paris at a time, but that seems to be pretty standard
wall, for a CC deposit, is that an advance on your CC or does it go through like any regular transaction with your card? also, that is very interesting about the taxes. how could that be possible?
Posted:
#31
bucknuts,
I have to say I saw more pairs than I had seen before..maybe I didnt look very closely or enough but I saw some symbols I hadnt seen on the other two sites. The spread is what I am talking about..it is very narrow, much more than at Forex especially.
popinjay, I am sure it is a regular "purchase" transaction..it goes right through..and I suppose since the transaction is done out of the US, through them they say there is no cap gains tax, they mention it in the advantages area...I have to say if I could not be forced to do the tax transactions that would be a MONSTER benefit to me..
I have to say I saw more pairs than I had seen before..maybe I didnt look very closely or enough but I saw some symbols I hadnt seen on the other two sites. The spread is what I am talking about..it is very narrow, much more than at Forex especially.
popinjay, I am sure it is a regular "purchase" transaction..it goes right through..and I suppose since the transaction is done out of the US, through them they say there is no cap gains tax, they mention it in the advantages area...I have to say if I could not be forced to do the tax transactions that would be a MONSTER benefit to me..
Posted:
#34
hit my limit of 100pip on my usd/jpy trade for 200 total pips. the averages are still lined up indicating a daily downtrend so i decided for this pair, instead of holding on for weeks/months, i am going to go short when it rallies, then exit in the 50-100pip range while this daily downtrend continues to occur (ie - until the moving averages no longer line up inducating the downtrend)
Posted:
#36
Pop theres no way to spot the crosses in advance but when youre looking at a 4hr chart mostof the time you can buy/sell right at the cross and be close to the top/bottom.....USD/CHF crossed again today and went from 1.2180 to 1.20.....
I dont see much out there i like at the moment but ill be checking in every so often
Posted:
#40
Hey..
Tell me which pair(s) have the widest spreads on Forex and FX and I will compare with this other place.
A few things I dont like about this place, one is that the pair chart (the one that lists all of them) doesnt have a % up and down, and I really liked that function..
Next is that when you buy a pair, set a limit sell/stop limit, and if you add another contract, this site does not update to sell TWO contracts with the same limit price.. Forex does and I like that quite a bit. Also you dont see in the open order box how far away you are PIPS wise to your order..
Next is the charting..finding what I want isnt as easy, and sometimes the chart function drags..and unlike FXCM you cannot buy/sell off the chart..also you cannot do a right click mouse on the pair screen, its click on the sell side or buy side and it turns into a market order..I dont like that at all.
Tell me which pair(s) have the widest spreads on Forex and FX and I will compare with this other place.
A few things I dont like about this place, one is that the pair chart (the one that lists all of them) doesnt have a % up and down, and I really liked that function..
Next is that when you buy a pair, set a limit sell/stop limit, and if you add another contract, this site does not update to sell TWO contracts with the same limit price.. Forex does and I like that quite a bit. Also you dont see in the open order box how far away you are PIPS wise to your order..
Next is the charting..finding what I want isnt as easy, and sometimes the chart function drags..and unlike FXCM you cannot buy/sell off the chart..also you cannot do a right click mouse on the pair screen, its click on the sell side or buy side and it turns into a market order..I dont like that at all.
Posted:
#42
so basically when you add another contract it doesn't average the two together, but instead has them as two separate contracts with their own limits and stops??
one thing i dont like about FXCM is that when i buy two contracts, sometimes when i am setting limits and stops or viewing my P/L in terms of pips, etc, i get confused if I am looking at it in terms of actual amount of pips that the pair has moved or actual amoun tof pips I have made/lost (2X actual movement). i know this is simple, but it still confuses me a bit at time. probably just take some getting used to
as for the spreads...
in forex:
gpb/aud huge spread of around 17-20
gbp/jpy 9
nzd/usd 9
FXCM
eur/cad 12
cad/jpy 6
usd/cad 6
eur/chf 6
currently the highest ones i see
Posted:
#43
We are trying to figure that out ourselves..lol
So far it really seems that TOP firms arent involved in Forex trading, especially in the US. I see many international firms but none rooted here in the US of any name that has what I want.
There has to be resources to find the best places, but I havent been lucky in finding honest, non-spamming resources to compare. I like this ACM for some aspects, Forex for others, but getting money back AND forth seems to be tough from what I have seen so far.
So far it really seems that TOP firms arent involved in Forex trading, especially in the US. I see many international firms but none rooted here in the US of any name that has what I want.
There has to be resources to find the best places, but I havent been lucky in finding honest, non-spamming resources to compare. I like this ACM for some aspects, Forex for others, but getting money back AND forth seems to be tough from what I have seen so far.
Posted:
#44
pop,
I actually dont see the lb.aud pair so far..I will look more.
lb.yen is 7 pips spread
nzd.usd is 4 pips
eu.cad is 7 pips
cd.yen is 4 pips
us.cd is 4 pips
eu.chf is 7 pips
This is their middle acct, I think the smaller acct is slightly wider...
And yes..I have to enter two orders on two contracts, semi annoying.
I actually dont see the lb.aud pair so far..I will look more.
lb.yen is 7 pips spread
nzd.usd is 4 pips
eu.cad is 7 pips
cd.yen is 4 pips
us.cd is 4 pips
eu.chf is 7 pips
This is their middle acct, I think the smaller acct is slightly wider...
And yes..I have to enter two orders on two contracts, semi annoying.
Posted:
#47
set a market order for usd/jpy short at 92.85 this morning before work and looks like it hit that and is doing well. im not even sure if you can do this, but i couldn't figure out how to set a limit on a market order that hasn't been executed. it's dropping pretty good right now and i wanted to set a limit because i wont be able to get home to my computer until late tonight.
which leads me to wonder... do any of the forex brokers and sites offer remote access to trading? or do they all require you to have the software installed on your comp. im guessing the latter
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