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The Forex Thread (FX)     

hilary - 31 Dec 2003 13:00

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Forex rebates on every trade - win or lose!

chocolat - 29 Oct 2007 13:12 - 8577 of 11056

It's telling me I need update 3 - I was trying to avoid that and get update 2, cos of what Hils said - which brings me back to my original quest - where do I find it?

hilary - 29 Oct 2007 13:19 - 8578 of 11056

Chocopops,

I'm not saying that you shouldn't have Update 3. I'm saying that there seems to be a conflict somewhere with the combination of Update 3, PowerCharts and Matrox MM displays and I rolled back to Update 2 to get over the problem.

If you click Start>Control Panel>Java>General tab>About, that should tell you what version you're using.

hilary - 29 Oct 2007 13:21 - 8579 of 11056

The conflict prevented me from dragging a detached window across from one monitor to adjacent monitors. It allowed me to do it with other windows; Just not the FXPowerCharts ones.

chocolat - 29 Oct 2007 13:23 - 8580 of 11056

Ah ok - thanks.

I'll shut my eyes and press go then :o)

mg - 29 Oct 2007 13:29 - 8581 of 11056

Whilst you 2 are playing with your Java thingies I have gone long again @ 580 (on cable) based on a 3 minute chart.

Did you change the batteries on the model 2 or 3 - they don't go on forever you know :)

hilary - 29 Oct 2007 13:30 - 8582 of 11056

Old versions and updates of Java remain installed on your PC. If there's a problem with the update, you can remove the current update through Add/Remove Programs in the Control Panel and it will roll back to the last update.

hilary - 29 Oct 2007 13:32 - 8583 of 11056

meggers!!!!!!!!!!!!!!!!!!!!!!!!

mg - 29 Oct 2007 13:33 - 8584 of 11056

Here's a java bunny - don't think it needs batteries like yours do



Goodness me Hilipoo whatever did you think I meant :)

chocolat - 29 Oct 2007 13:44 - 8585 of 11056

Berlimey - super speedy fast or what now.

I is javin' ;)

mg - 29 Oct 2007 13:51 - 8586 of 11056

Told you to change the batteries - you need it for that poundyenny thingimibob - like a wotsit in a watchamcallit.

hilary - 29 Oct 2007 13:59 - 8587 of 11056

Oh I wasn't offended by talk of the Rampant Rabbit, meggers. It was because you broke the Rules of the Arrers.

:o)

chocolat - 29 Oct 2007 14:00 - 8588 of 11056

Hey I did ok on the old java too :)

Short again from 236.51.
Missed the topette there cos I was still javin

Seymour Clearly - 29 Oct 2007 14:03 - 8589 of 11056

Looking at my arrers now., hopefully soon....

I'll probably be inside someone's eye (as we say in the business) when it happens

mg - 29 Oct 2007 14:06 - 8590 of 11056

Oooops - sorry about breakin' the rules - got a bit carried away with me arras and fired one off by mistake. I might have got away with it 'cos one's appeared after I buried mine in the sheriff.

Won't do it again Maid Hilarian - honest - but all this Lincoln Green is makin' me a bit sick.

Seymour Clearly - 29 Oct 2007 15:50 - 8591 of 11056

Took a little cable long earlier cos those arrows told me to, nice :-). Not a huge profit but they all add up

mg - 29 Oct 2007 16:12 - 8592 of 11056

Got away with it - took 40 points out of the blighter - but it got a bit nerve wracking after the Maid reminded me of the error of my ways 8-)

Ruth - 30 Oct 2007 09:48 - 8593 of 11056

Hi Guys /Girls, just wondering if someone could give me a bit of help, im confused,
im really fed up with all the nonsense that goes on with uk stocks, im not mad keen on the usa hours even though its really cheap to trade and they trend well,
Obvioulsy the other viable option is forex and im only just seriously looking into it, wish ide done it years ago to be honest, but live and learn hey, anyway im seriously looking at getting into forex and sacking the uk stocks altogether,they are seriously hard work at times.

Is there any tips re forex , ie a time of day its usually more volatile than other etc, that sort of thing,or is it random, whats the most popular consistent timeframe for the trend,ive been looking at 1,3,5 min,
i will be looking to scalp in places but also stick with the trend when it goes,
Obviously a really good daily calendar is essential and i can see Hils kindly posts one here, is there any other tips you guys/girls can give me?


Been looking at interactive brokers and their commission etc , seems very cheap to me, but im easily confused, not sure how they work out the value etc, im hoping someone can help me out,

heres their rates, looking at the quotes the market spread is usually 1p on cable and 1p on gbpjpy plus their commissionTrading Currency Monthly Trade Amount(4) Commissions Minimum per Order Examples
IDEALPRO (Trading, trades > USD 25,000)
< =USD 1,000,000,000 0.2 basis point(3) *Trade Value USD 2.50 USD 50,000 daily volume for EUR = USD 2.50

USD 1,000,000,000 daily volume for EUR = USD 20,000
USD 1,000,000,001-2,000,000,000 0.15 basis point(3) *Trade Value USD 2.50 USD 1,250,000,000 daily volume for EUR = USD 23,750
>USD 2,000,000,000 0.10 basis point(3) *Trade Value USD 2.50 USD 2,500,000,000 daily volume for EUR = USD 40,000
IDEAL (Conversions, trades < USD 25,000)
All 1 basis point(3) *Trade Value




so in theory if i wanted to do the equivalent of say a tenner a point on gbpjpy how much would that be trade value, i get confused with the decimal points etc and how they price it?
would that cost me just 2 dollars 50 each way? if so that means i only need a point to be in profit? or am i barking up the wrong tree,
is there better options out there?
sorry its long, but you know me,:-)

heres the link for ib in case the copied and posted bit is confusing,

http://individuals.interactivebrokers.com/en/accounts/fees/commission.php?ib_entity=llc

Thanks
Ruth x





Ruth - 30 Oct 2007 09:52 - 8594 of 11056

Sorry forgot to say , on the link it defaults to the home page, the forex tab is near the top.

Buderim - 30 Oct 2007 09:54 - 8595 of 11056

Hi Ruth,

I use IB , basically the minimum trade on IBpro is 25,000, which is worth $2.50 per pip .

if you want to trade the same as 10 gbp a pip that would be a trade of 200,000 which is the same as 2 full lots with other brokers.

ian

Seymour Clearly - 30 Oct 2007 10:19 - 8596 of 11056

Hi Ruth, Best not to trade around significant announcements (I'm sure you knew that). Can sometimes need quite wide stops and nerves of steel for the whipsaws, but potentially very rewarding. Doesn't half trend well when it gets going as you have obviously seen. Some whipsaws. Your little arrows seem to be quite effective as you know. I've loads of other stuff on Fx but still very much a learner myself so will be interested in your input.
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