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 Forex version XVII, Foreign Exchange Market Discussion

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KTCY
post Mar 17 2016, 03:49 PM

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QUOTE(OmiCatFace @ Mar 17 2016, 03:40 PM)
Guys. Just wondering, how long does it takes for the forex market to react after the release of some big news (eg. using forexfactory calendar)? i realised some take a few hours to react in forex chart...
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some instant biggrin.gif
brotan
post Mar 17 2016, 03:56 PM

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QUOTE(OmiCatFace @ Mar 17 2016, 03:40 PM)
Guys. Just wondering, how long does it takes for the forex market to react after the release of some big news (eg. using forexfactory calendar)? i realised some take a few hours to react in forex chart...
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depends on mood swing of traders
Alex9182
post Mar 17 2016, 05:02 PM

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QUOTE(OmiCatFace @ Mar 17 2016, 03:40 PM)
Guys. Just wondering, how long does it takes for the forex market to react after the release of some big news (eg. using forexfactory calendar)? i realised some take a few hours to react in forex chart...
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Some times it freeze moment before and after big news, and spread so big (up to >70 pips) that u will stop in at the worse prise.

be carefull.

This post has been edited by Alex9182: Mar 17 2016, 05:03 PM
brotan
post Mar 17 2016, 05:22 PM

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btw, there are so many red colored new in forex factory every day

i don't think every one of them is really going to be high impact

what's your experience which news we should really look out for ?
blah2blah
post Mar 17 2016, 05:49 PM

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QUOTE(brotan @ Mar 17 2016, 06:22 PM)
btw, there are so many red colored new in forex factory every day

i don't think every one of them is really going to be high impact

what's your experience which news we should really look out for ?
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NFP
Pinnacle1295
post Mar 17 2016, 06:02 PM

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QUOTE(brotan @ Mar 17 2016, 05:22 PM)
btw, there are so many red colored new in forex factory every day

i don't think every one of them is really going to be high impact

what's your experience which news we should really look out for ?
*


Attached image(s)
Attached Image
brotan
post Mar 17 2016, 06:13 PM

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QUOTE(Pinnacle1295 @ Mar 17 2016, 06:02 PM)

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thanks for the sharing

i assume similar category of news applies to other currency?
Goodboy92
post Mar 17 2016, 08:18 PM

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QUOTE(brotan @ Mar 17 2016, 05:22 PM)
btw, there are so many red colored new in forex factory every day

i don't think every one of them is really going to be high impact

what's your experience which news we should really look out for ?
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ECB
NFP
FOMC
Rate ( if change )

In my own opinion
demolationz
post Mar 17 2016, 08:45 PM

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QUOTE(brotan @ Mar 17 2016, 06:13 PM)
thanks for the sharing

i assume similar category of news applies to other currency?
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Depends on currency correlation. innocent.gif
CallOfLegend
post Mar 17 2016, 09:01 PM

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currently PO sell limit AUDUSD at 0.7624. sl0.7668 tp0.7559
microsun2000
post Mar 17 2016, 09:10 PM

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QUOTE
stop loss or take profit you set must differ from market price by at least X points


My broker (MM) gives this message when I am trying to modify order. Is this normal?

I cannot place tight limit order also due to this, so disturbing.

user posted image


Attached thumbnail(s)
Attached Image
cmk96
post Mar 17 2016, 09:12 PM

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QUOTE(microsun2000 @ Mar 17 2016, 09:10 PM)
My broker (MM) gives this message when I am trying to modify order. Is this normal?

I cannot place tight limit order also due to this, so disturbing.

user posted image
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Your broker need you to set tp/sl 160 pips away from current price.

Nope... its not normal... change broker pls. biggrin.gif
microsun2000
post Mar 17 2016, 09:16 PM

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QUOTE(cmk96 @ Mar 17 2016, 09:12 PM)
Your broker need you to set tp/sl 160 pips away from current price.

Nope... its not  normal... change broker pls.  biggrin.gif
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I think by 160 point it means 16 pips, its so frustrating because scalp is impossible!!!

blah2blah
post Mar 17 2016, 10:20 PM

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QUOTE(CallOfLegend @ Mar 17 2016, 10:01 PM)
currently PO sell limit AUDUSD at 0.7624. sl0.7668 tp0.7559
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I main opposite with you. see who win lol
demolationz
post Mar 18 2016, 01:37 AM

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QUOTE(microsun2000 @ Mar 17 2016, 09:10 PM)
My broker (MM) gives this message when I am trying to modify order. Is this normal?

I cannot place tight limit order also due to this, so disturbing.

user posted image
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More disturbing when I saw your spread. bangwall.gif
You should change to ECN broker.
microsun2000
post Mar 18 2016, 11:33 AM

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QUOTE(demolationz @ Mar 18 2016, 01:37 AM)
More disturbing when I saw your spread.  bangwall.gif
You should change to ECN broker.
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user posted image

From their website the spread average is 4 pips for this pair, checked a few brokers more or less the same.

Pinnacle1295
post Mar 18 2016, 11:43 AM

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QUOTE(microsun2000 @ Mar 18 2016, 11:33 AM)
user posted image

From their website the spread average is 4 pips for this pair, checked a few brokers more or less the same.
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Some broker may increase the spread due to volatility of the pair.
ashenzint
post Mar 18 2016, 11:48 AM

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Need a good trader to teach me how to read trend, chart and how to use MT4,

sharing is caring.

Current status : demo trader for 7 month, basic mt4 use only

PM me please..please

demolationz
post Mar 18 2016, 01:13 PM

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QUOTE(microsun2000 @ Mar 18 2016, 11:33 AM)
user posted image

From their website the spread average is 4 pips for this pair, checked a few brokers more or less the same.
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May I know which broker you referred to ? smile.gif
This is live from my broker. Left one is variable spread, right one is ECN spread.

user posted image
blah2blah
post Mar 18 2016, 01:18 PM

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QUOTE(ashenzint @ Mar 18 2016, 12:48 PM)
Need a good trader to teach me how to read trend, chart and how to use MT4,

sharing is caring.

Current status : demo trader for 7 month, basic mt4 use only

PM me please..please
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Then how is your progress?

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