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Forex version XVII, Foreign Exchange Market Discussion
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KTCY
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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... some instant
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brotan
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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... depends on mood swing of traders
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Alex9182
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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... 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
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brotan
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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 ?
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blah2blah
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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 ? NFP
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Pinnacle1295
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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)
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brotan
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Mar 17 2016, 06:13 PM
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QUOTE(Pinnacle1295 @ Mar 17 2016, 06:02 PM) thanks for the sharing i assume similar category of news applies to other currency?
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Goodboy92
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Mar 17 2016, 08:18 PM
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Getting Started

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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 ? ECB NFP FOMC Rate ( if change ) In my own opinion
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demolationz
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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? Depends on currency correlation.
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CallOfLegend
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Mar 17 2016, 09:01 PM
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currently PO sell limit AUDUSD at 0.7624. sl0.7668 tp0.7559
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microsun2000
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Mar 17 2016, 09:10 PM
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New Member
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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. Attached thumbnail(s)
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cmk96
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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.  Your broker need you to set tp/sl 160 pips away from current price. Nope... its not normal... change broker pls.
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microsun2000
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Mar 17 2016, 09:16 PM
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New Member
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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.  I think by 160 point it means 16 pips, its so frustrating because scalp is impossible!!!
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blah2blah
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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 I main opposite with you. see who win lol
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demolationz
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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.  More disturbing when I saw your spread. You should change to ECN broker.
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microsun2000
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Mar 18 2016, 11:33 AM
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New Member
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QUOTE(demolationz @ Mar 18 2016, 01:37 AM) More disturbing when I saw your spread. You should change to ECN broker.  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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Pinnacle1295
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Mar 18 2016, 11:43 AM
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QUOTE(microsun2000 @ Mar 18 2016, 11:33 AM)  From their website the spread average is 4 pips for this pair, checked a few brokers more or less the same. Some broker may increase the spread due to volatility of the pair.
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ashenzint
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Mar 18 2016, 11:48 AM
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Getting Started

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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
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demolationz
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Mar 18 2016, 01:13 PM
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QUOTE(microsun2000 @ Mar 18 2016, 11:33 AM)  From their website the spread average is 4 pips for this pair, checked a few brokers more or less the same. May I know which broker you referred to ? This is live from my broker. Left one is variable spread, right one is ECN spread.
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blah2blah
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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 Then how is your progress?
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