Price action. Seems like the market is kicking out the
last weak USD shorts (and trapping new longs),
especially against EUR and CHF.
Also, Gold and Silver are leading.
Still going up strongly, usually before a USD decline.
I may be wrong of course, but this is my call for the week :)
I am gonna investigate this further,
because the market was quoting around the price
of my trade for at least 30minutes.
Furthermore, my trade was busted after 11 whole hours!!
Is this normal? Who has experience here with these kind
of things?
Any advice is welcome...
I just got a trade busted in IDEALPRO. That sucks!
I saw the quote and traded it, what's the problem with that?
The cancellation of the trade resulted in a margin call
and I had to reduce further my current position.
WTF! what kind of opening is this?!?
There is no liquidity whatsoever....
EUR/USD is quoting 1.2158/93, huge spread,
with peanuts at the bid and ask.
EUR/GBP has no ask! only bid.
53pips spread at USD/GBP. Again peanuts at the bid/ask.
WTF!!!!!! WTF!!!! What kind of market is this?????
Read my post again. i didn't say anything about EUR/USD.
Is that all you are thinking about?
EUR/USD isn't the "hot" pair right now. I am flat.
What I am suggesting is:
long EUR
long USD
short GBP
short CHF
short JPY
I only follow those 5 currencies. I leave the choice of pairs...
Can we please get an "official" reply from IB on this matter?
My Oanda account is just open, and quoting 1pip
spread on EUR/USD (no commissions).
I need to know if the IDEALPRO's spread is
gonna stay at 2-3pips, so I move my funds.
Speaking of Fib,
I understand how the numbers .236, .382, .5
and .618 relate to the golden ratio.
Can someone explain to me why .764 is used
as another level? (The 1-.236 = .764 relation
sounds kinda weak to me).
Some others use .786 as the square root of .618.
According to me .786 has...