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Anyone here into FOREX?
- Thread starter Music_Producer
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Great start to the week! Traded from 8092 to 8112 for a nice 20 pips! 
Good trade as well nathan!
Good trade as well nathan!
14 pips on aussie trade.. looks like Shard beat us by quite a bit! *Great* start to the week (hint hint!)
14 pips on aussie trade.. looks like Shard beat us by quite a bit! *Great* start to the week (hint hint!)
Yeah, no complaints at all! I see it's climbing even higher now, but I have my pips so I'm happy.
"Great" job Muisc_Producer!
lol...I looked at another thread I posted in and my name was "Oh no, it's nhallmark" (f*ckers
Lol.. that's probably cos you're lurking around at odd hours of the night, trading
I may be great, but you can't argue with Shard! PS - i don't know if you guys like Genesis.. but I tried to get tickets today for the hollywood bowl show.. ticketmaster sucks!!! All I was getting was tickets for rows so far off.. I might as well just stand in the parking lot!
Damn right!
I've never used TicketMaster but I've heard similar stories to yours. As for Genesis, I didn't realize they were still performing! I thought perhaps Phil was just doing his own thing... I wouldn't mind seeing them live...
I've never used TicketMaster but I've heard similar stories to yours. As for Genesis, I didn't realize they were still performing! I thought perhaps Phil was just doing his own thing... I wouldn't mind seeing them live...
err...im not that old
Its looking like I might get to test my "special powers" after all...on thursday, we've got the CAD Employment Change and the UK Interest Rate Decision at the same time...hmm...I'll give it some more thought before thursday...Im not sure how to manage that yet.
err...im not that old
You don't have to be old to appreciate good music and talented musicians...
Haha, no worries, just having some fun with ya...
OK...just making sure I didn't offend anyone
Hey, Music_Producer, I finally got the full version of reason on friday...I've been playing with it all weekend...its nice to finally get some different sounds. Even the stock patches aren't bad(mainly the chior ones)
Here's my question though
, I was borrowing a $100 wal-mart yamaha keyboard to use as a controller...I had to give it back, so Im thinking, until I can afford a keyboard...I might buy one of those m-audio midi controllers. Do you have any experience with those? Also, Im having trouble with the latency...its about 100ms off(rough estimate). Is there somewhere in the settings to fix that?Im using an m-audio uno midi/usb as the input into the computer(midi on one end, usb on the other).
Anyway...you can PM me if you need to so we dont take the thread off topic again.
Looks like everyone has been making pips.
Good going gang.
I've been busy with selling my house.
I've gotten an offer on it and looks like we are getting close to an agreement.
That means the month of April will be busy for me.
I gotta find a place to move into and start packing
Good going gang.
I've been busy with selling my house.
I've gotten an offer on it and looks like we are getting close to an agreement.
That means the month of April will be busy for me.
I gotta find a place to move into and start packing
Looks like everyone has been making pips.
Good going gang.
I've been busy with selling my house.
I've gotten an offer on it and looks like we are getting close to an agreement.
That means the month of April will be busy for me.
I gotta find a place to move into and start packing
Congratulations! Good luck and keep us posted.
Good luck, Oceanview...I'm in the same position right now
I stayed out on UK Manufacturing PMI...glad I did.
I looked up some genesis on itunes last night thinking "oh, ill know the songs once i hear them" because Ive heard so much about them before...well I didn't know any of the songs but what was weird is EVERY song I listened to...I could think of a song within the last 5 years that's a complete ripoff of a genesis song.
I'll have to listen to them some more...thanks for turning me on to it. What's a good album to get?
I stayed out on UK Manufacturing PMI...glad I did.
I looked up some genesis on itunes last night thinking "oh, ill know the songs once i hear them" because Ive heard so much about them before...well I didn't know any of the songs but what was weird is EVERY song I listened to...I could think of a song within the last 5 years that's a complete ripoff of a genesis song.
I'll have to listen to them some more...thanks for turning me on to it. What's a good album to get?
7 pips on GBP/USD.. additionally, gbp/usd had run up quite a bit during the european and US session.. if it shoots beyond 1.98.. I think the Feds will panic I've kept repeating it so many times that we need to raise the interest rates. Screw the housing market.. that's going to plunge anyway.. we need to save the dollar at any cost before China switches from $ reserves to euros and pounds.
Nathan, the latency is not dependent on the midi controller keyboard.. but on the interface and the software buffer settings. I'll PM you later today regarding that in detail, right now I'm just so sleepy.. so I'm heading off to bed.
I've kept repeating it so many times that we need to raise the interest rates. Screw the housing market.. that's going to plunge anyway.. we need to save the dollar at any cost before China switches from $ reserves to euros and pounds. Nathan, the latency is not dependent on the midi controller keyboard.. but on the interface and the software buffer settings. I'll PM you later today regarding that in detail, right now I'm just so sleepy.. so I'm heading off to bed.
7 pips on GBP/USD.. additionally, gbp/usd had run up quite a bit during the european and US session.. if it shoots beyond 1.98.. I think the Feds will panic
WAIT TILL MY HOUSE CLOSES!!!!
I am trying to get as much for my house as possible. I think I am at the top and hope that this is a good time to sell.
I traded but lost 6 pips today.
Made up some of it at the end when the market GBP started to go down. Not sure what the reason was as I didn't hear any announcements at the time.
WAIT TILL MY HOUSE CLOSES!!!!
I am trying to get as much for my house as possible. I think I am at the top and hope that this is a good time to sell.
I traded but lost 6 pips today.
Made up some of it at the end when the market GBP started to go down. Not sure what the reason was as I didn't hear any announcements at the time.
Don't worry, you'll be able to close your house!
Right now's a good time, but 6 months ago was even better. The feds won't raise interest rates for the time being.GBP went down because it had gone up almost 100 pips throughout the UK and European session.. there had to be some profit taking eventually.
I was thinking about buying some real estate in Las Vegas since they are phsyically running out of land and they are the fastest growing city in North America. Bad timing?
In general, interest rates going up means mortgage payments going up (in some cases depending on your plan) and/or people not being to afford mortgages as easily, right? Well, if you can afford the payments regardless and can write off all that interest on your taxes anyway, is it that big a deal? Just curious.
In general, interest rates going up means mortgage payments going up (in some cases depending on your plan) and/or people not being to afford mortgages as easily, right? Well, if you can afford the payments regardless and can write off all that interest on your taxes anyway, is it that big a deal? Just curious.
I was thinking about buying some real estate in Las Vegas since they are phsyically running out of land and they are the fastest growing city in North America. Bad timing?
In general, interest rates going up means mortgage payments going up (in some cases depending on your plan) and/or people not being to afford mortgages as easily, right? Well, if you can afford the payments regardless and can write off all that interest on your taxes anyway, is it that big a deal? Just curious.
Bad timing for Vegas right now.. they have the biggest number of foreclosures in the country currently. Give it a few months (although I've kept my target 2 years.. depends obviously on how the economy does and where the rates go)
If people can afford mortgages, then interest rates make no difference to them if they absolutely *have* to purchase real estate. But the point is, why waste all that money in paying interest? My opinion is.. if rates go more than 5.5% then stash away all your loot in a bank account that gives you a 5.5% return.. real estate is not going to rise as long as rates are high. Then when the time comes.. you'll have enough cash to make a huge down payment and pay less interest as a result.
The people who are in a fix right now are the ones who rushed in to buy real estate thinking the boom will never end. Somehow, they expected that their $425,000 house will go up to $1 million in 2 years. Yeah,
So they took our ARMs with no down payment.. and now they're having a tough time paying their bills.
Hence, always always assume the worst case scenario whenever you make an investment! That way, you can be covered if that scenario does come true.
Cool, thanks for the advice, I was not aware of the rate of foreclosures there!
So even though I personally might be able to afford a mortgage payment whether the interest rate is 5.25%, 1.25% or 7.25%, it comes down to supply and demand in the end, and with higher rates, people won't be able to either afford their current homes, or will not buy a new home since, as you say, they can invest elsewhere as a more sensible investment. This will drive prices down, so I can swoop in at a later date and pick up a place for a song!
My questions were somewhat rheotrical, in that I don't see good things ahead for the US housing market in general as well, however Las Vegas specifically intrigued me due to its special situation - again, the fastest growing city in North America and the fact that they are physically running out of land. That will have an impact on supply and demand as well in a few years when the pinch comes, I'd assume...
Anywho, thanks again.
Edit: Also, another factor I thought of was the baby boomers. Vegas seems like a good retirements destination, and you have all these baby boomers retiring soon, who have a ton of money and don't care how much things cost. Will they drive up the market in places like Vegas? I think people are underestimating the impact in general which the retiring baby boomers will have on things... health care would be another example...
So even though I personally might be able to afford a mortgage payment whether the interest rate is 5.25%, 1.25% or 7.25%, it comes down to supply and demand in the end, and with higher rates, people won't be able to either afford their current homes, or will not buy a new home since, as you say, they can invest elsewhere as a more sensible investment. This will drive prices down, so I can swoop in at a later date and pick up a place for a song!
My questions were somewhat rheotrical, in that I don't see good things ahead for the US housing market in general as well, however Las Vegas specifically intrigued me due to its special situation - again, the fastest growing city in North America and the fact that they are physically running out of land. That will have an impact on supply and demand as well in a few years when the pinch comes, I'd assume...
Anywho, thanks again.
Edit: Also, another factor I thought of was the baby boomers. Vegas seems like a good retirements destination, and you have all these baby boomers retiring soon, who have a ton of money and don't care how much things cost. Will they drive up the market in places like Vegas? I think people are underestimating the impact in general which the retiring baby boomers will have on things... health care would be another example...
Now that is an interesting question.. theoretically.. yes, they should be able to drive up the market in places like Vegas. You know, everytime I drive to Vegas.. I notice that there's so much damn land! When people think of Vegas, they think of the strip and a few places nearby.. but there's a lot of land surrounding the area. Another factor is, when these baby boomers retire.. who knows what the economy is going to be like? Will the interest rates be 1% or 15%? Will social security run out? Etc.. etc..
Of course, if you want to make an investment by all means, Vegas is a good choice.. but that's only if you're making a long term investment.. and not a speculative position. As always, I assume the worst case scenario.. so i'm just looking out for you
PS - I tried out a Currenex demo account today. How is it? It's exciting.. using Oanda and CMC is like using a software synth and currenex is like a studio filled with luscious analog gear.. and wall to wall monster speakers!!
It's scary though. I tried the australian trade balance on it today.. and it moved before the trade the news report came out
But I got in anyway, I bought aud/usd.. nothing happened.. or so I thought.. so i hit 'buy' again. turns out that the first trade was already executed. but my brain was so used to re-quotes or lags.. that i didn't think it went through Closing the position was just as fast. It happens as soon as you click.. period. So it's absolutely worth it to invest $50k minimum (or $25 k) to get a Currenex account .. *but* do NOT use trade the news with that! Use bloomberg or reuters.. if you're trading with that kind of money, it's stupid not to subscribe to a premium news service where speed is essential.
I'm very, very impressed with currenex. Still in shock really
Oh, and somewhere within the platform i can see the pricing feeds coming from bank of america, citibank, etc.. woo hoo
Edit : minimum trading size is 1 million on currenex platform
Yes, very good things to consider indeed. However with the land, looks may be deceiving. On one side you have Lake Mead and the Grand Canyon - no building. On another side, the National Parks - no building. On another side, mountains - no building. And some of that "open space"? - government-protected land not open for development. So, there isn't necessarily as much room as one might think....
No worries, I appreciate it!
PS - I tried out a Currenex demo account today. How is it? It's exciting.. using Oanda and CMC is like using a software synth and currenex is like a studio filled with luscious analog gear.. and wall to wall monster speakers!!
Oooh, tell me more...
It's scary though. I tried the australian trade balance on it today.. and it moved before the trade the news report came out
Closing the position was just as fast. It happens as soon as you click.. period. So it's absolutely worth it to invest $50k minimum (or $25 k) to get a Currenex account .. *but* do NOT use trade the news with that! Use bloomberg or reuters.. if you're trading with that kind of money, it's stupid not to subscribe to a premium news service where speed is essential.
I'm very, very impressed with currenex. Still in shock really
Wow, that is impressive. Almost sounds a little too hardcore for myself though - I'd want to try out the demo account like you did first I think!
Oh, and somewhere within the platform i can see the pricing feeds coming from bank of america, citibank, etc.. woo hoo
What do you mean by pricing feeds?
What's the leverage set to, or can you alter it? If it's 100:1 that's only $10,000 per trade which isn't too bad...
Well, I might just have to look into them a little more and see... thanks for sharing your experience!
Also, I'm trying out a "technical trade" tonight. I took a short position on the AUDUSD. I waited for the news to come out and for the pair to settle down (not that it moved much) and entered @ 0.8164. I have a TP and SL set based, again, on my technicals, so we'll see what happens.
If I'm wrong, I won't lose much, so I'm treating this as an experiment. We'll see... - Status