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Anyone here into FOREX?

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nhallmark said:
Hey Music_Producer, I know you mentioned awhile back that MB has improved...and based on what I've read from felix, etc. I might go with them until I can meet the minimums for dukas/currenex.

How long does it take to get your money in and out of MB? (I dont want to miss any trades)

Somethings up with CMC IMO because, when you click it feels like someone is literally sitting there deciding whether to let you in or not...I dont know if thats the case but the requotes "feel" different now, if that makes any sense.
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MB did improve.. but only for a while. As soon as I started making 2 - 3 profitable trades on them.. they started slipping me big time. They filled me in either at the top or the bottom of the spike.. so after 2 trades I quit.

My advice would be not to go with MB.. you could try them if you want to do limit orders though (not market orders)
 
Thanks for the advice Music_Producer, I'll give that all a try. Also, what is the NFA? Is that an American body or would that threat work here in Canada too? ;) I should look into regulations and so forth just to see...
 
Music_Producer said:
MB did improve.. but only for a while. As soon as I started making 2 - 3 profitable trades on them.. they started slipping me big time. They filled me in either at the top or the bottom of the spike.. so after 2 trades I quit.

My advice would be not to go with MB.. you could try them if you want to do limit orders though (not market orders)
Click to expand...

Wow....I was monitoring their spreads during NZD today and getting all excited but if theyre slipping you, thats no better than a 20 pip spread :rolleyes:

On the other hand, all I need is 2-3 good trades and I'll be able to get into dukascopy.

What would be the benefit of limit orders? I watched a video that felix had on how to use them with mb. It seems like the only advantage is you get filled within a range but if its out of that range...its basically a requote.

Im sure I'll find an answer.

Oh...I got confused about capital forex(pro)...I was thinking of PFG Forex so disregard what I said ;)

Shard, the NFA is the National Futures Association...I dont know if theyre in canada though.
 
I got another requote on CAD GDP....goodbye CMC ;)

Im pulling my money out today. I'd rather not trade than deal with their sh$# anymore.
 
14 pips on Canadian GDP report.. I got in a bit slow and then the price stalled.. so I was out. And then the damn thing went up again (EUR/CAD) ugh.. missed 20 more pips or so.
 
nhallmark said:
I got another requote on CAD GDP....goodbye CMC ;)

Im pulling my money out today. I'd rather not trade than deal with their sh$# anymore.
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Again? That's how many times in a row.. sheesh. It's better to put your money in a money market account.. at least it'll be earning 5-6% while you're sleeping :p
 
I hear ya....I got my money out of CMC and into MB so we'll see how they go next week.

Oh yeah...Im typing this while Im on line for an iphone at the oaks mall in thousand oaks. Im tapping wifi from the apple store but its barely picking it up because Im around the corner from the store :p
 
nhallmark said:
I hear ya....I got my money out of CMC and into MB so we'll see how they go next week.

Oh yeah...Im typing this while Im on line for an iphone at the oaks mall in thousand oaks. Im tapping wifi from the apple store but its barely picking it up because Im around the corner from the store :p
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Lol, I had a feeling you'd be waiting in line.. hopefully at the store here there will be nobody. :p

Someone's been trying to hack into my account all day today.. I finally got in. Is it you SEE EM SEE? ;)

Btw, I spoke to their dealing desk today.. and its confirmed, they put me on manual execution for all trades.. so the same probably applies to you. I tried trading gbp/usd during non-news time, no volatility or anything.. it took 10 seconds for the trade to go through.. and then another 10 seconds to close the trade. :rolleyes:
 
damn, man...Im glad I got my money out then. I was reading about one guy who recently opened an account with CMC and trades were being made that he didnt make supposedly and CMC "stole" a few grand from him. He also said he had been trading for 15 years prior to this.

Hopefully MB will be better or at least until I can get enough to move up to the "big leagues"

Anyway, Im back at the house now...got my iphone. This thing kicks a$$. I didnt really expect it to work as smooth as the videos but it does... I love it :D :D :D :D
 
did any of you get an iphone yet? I'm typing this on mine right now...this thing kicks @ss!!!!

Anyway, I'm learning MB's platform over the weekend so I will be ready to go on Monday ...I'll let you guys know how they work out this week....I think I already said that, I just needed an excuse to post from my iPhone :p
 
nhallmark said:
did any of you get an iphone yet? I'm typing this on mine right now...this thing kicks @ss!!!!

Anyway, I'm learning MB's platform over the weekend so I will be ready to go on Monday ...I'll let you guys know how they work out this week....I think I already said that, I just needed an excuse to post from my iPhone :p
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I just tried it out at an AT&T store today.. damn.. I have to get it. They were all out of stock, told me to come in 2-3 days. I want to wait for the 3G version.. but I tried out EDGE and it was pretty reasonable.. ironically, apple.com took the longest time to load :p

It worked flawlessly.. very, very impressed. I like it even more than my macbook pro! :eek:
 
Well, supposedly AT&T sold out at almost all of their stores but people have been saying that you can walk into an Apple store now and pick one up with no line or anything.

They've got a page set up to check availability at each store here...

http://www.apple.com/retail/iphone/

But yeah, at the apple store you get a cool bag to carry it in and they all clap for you when you're walking out :p (probably not now but at the initial launch they did)
 
Hi Nathan,

How do you like your iPhone so far? Please give us your review.

I went to the Apple store on Saturday to take a look at the iPhone. Played with the functions but the unit that I was using did have some glitches so I decided to not buy it. I think the concept is great, but I think there are still a few things that need to be ironed out. Will wait till the next generation before I buy one.
 
OceanView said:
Hi Nathan,

How do you like your iPhone so far? Please give us your review.

I went to the Apple store on Saturday to take a look at the iPhone. Played with the functions but the unit that I was using did have some glitches so I decided to not buy it. I think the concept is great, but I think there are still a few things that need to be ironed out. Will wait till the next generation before I buy one.
Click to expand...

What type of glitches are you talking about? There are some things that annoy me...for example...you cant switch to landscape mode in safari when you have the keyboard pulled up. You have to do it before you pull up the keyboard.

Also, with the "switches" like airplane mode, it looks like you slide to turn it on/off but you actually have to press the area next to it.

That's about it...I haven't noticed any glitches(glitches meaning software not working properly).

I really couldnt be happier with it. After having a razr, the iphone seems clunky when youre talking on the phone but its way better than a treo or blackberry or a Q which is wider.

...and thats only because I have small hands.

So, really, I love it...I've only had it since friday and already it feels like an extension of myself, because its so intuitive.

Uh, I guess that's it. I give it an 11 :D
 
Nhallmark, what is your SFS name in the diamonds room?

I missed the AUD/USD trade this morning, I heard it was a winner, and probably the first one for nearly 2 weeks... :p
 
I missed out on the aussie trade today.. and that would have been a good trade. Went for a movie marathon - saw ratatouille and die hard.

Btw, currenex now shows up on safari :) I think it must have been either the safari update or the new java update (a couple of weeks ago) Probably the java one.. so I don't have to use my retarded pc anymore. Finally!
 
I too got requoted on aus retail figs at cmc. I hope the news later in the week is better.

I will give them another week or two, and then look elsewhere if i still get requotes.
 
StuNew, Im not in the forexdiamonds room. I just have SNW.

MB wouldn't fill me on AUD retail sales or CHF CPI last night...using limit orders of course.

BritGuy, how long have you been with CMC? I was debating about going back and using my girlfriends name for awhile until they start playing games again but I guess I wont do that if theyre messing with you right off the bat.

Im down to the wire here...Ive got no way to make enough for the minimums of dukascopy or currenex...I might have to give up trading :p

Any suggestions on retail brokers?
 
nhallmark said:
StuNew, Im not in the forexdiamonds room. I just have SNW.

MB wouldn't fill me on AUD retail sales or CHF CPI last night...using limit orders of course.

Any suggestions on retail brokers?
Click to expand...

Nathan, try opening with your girlfriend's name like you mentioned.. but with a different address if possible. I'm pretty sure if you open with your address.. they will block it. Didn't you just move to LA? Can't you open with that address?

With MB.. was your limit a few pips away from the market price.. I am guessing it was. I would keep a 10 pip range. Don't give up.. I've had a couple of dry spells lasting weeks where I couldn't trade anything. Keep at it!
 
I had my limits set at 10-15 pips(not exact) which is why I am really confused about how I didn't get filled.

Anyway, I guess all I can do is keep trying. I've got one of my friends that might give me some money to meet the minimum.

If that falls through, I guess I will try CMC again.

Thanks for the encouragement, though :)
 
I wouldnt bother i am using my girlfriends ac too. New Ac, but had a few requotes, but dont know if this is down to june being a poor month and that the only new trading opps have mostly been in aus/nz/cad currencies which dont have the best liquidity. I am in the same position, I dont have enough for currenex. I have read dukascopy isnt good for news either.
 
14 pips on aussie trade.. the move was good, but not great. I think it might go higher up in a few hours.. who knows.
 
I f$&@king hate MB!!! i saw my order go in BEFORE it got to my limit and they still didnt execute it :mad:

Luckily,one of my friends is giving me the money for dukascopy.

Britguy, where did you here they suck for news? Everything I have read suggests that they are as good as currenex and better in some cases.
 
nhallmark said:
I f$&@king hate MB!!! i saw my order go in BEFORE it got to my limit and they still didnt execute it :mad:

Luckily,one of my friends is giving me the money for dukascopy.

Britguy, where did you here they suck for news? Everything I have read suggests that they are as good as currenex and better in some cases.
Click to expand...

nhalmark, I've also heard Dukascopy are not good for News fills. I started using MB trading this week, I missed a fill on the AUD trade balance report this morning... so still too early to tell.
MB Trading is known to put orders on queue to match up with bank offers on the otherside. The word in my trading room, (and about 50 traders are with MB) is to never use market orders with them, only limit orders. Slippage on market orders can be huge, limit orders may not always fill in, but theywon't fill in if the price has slipped past your limit order... hope that make sense :rolleyes:
 
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