About trading the news.
Yesterday I posted a gorgeous excel file. A lot of work in it. THX to MaXeY.
I trade the news. I really do it. Not all the releases; just a few. I do it with a broker that do not widen my spread. But do not think he does not make money with me. He DOES. He waits my exit. Exits use to be the places where brokers bite us.
You can not trade the news with OANDA, for instance. They have 15 pips on cable at least and the slippage is criminal. But you can not trade them with UBS neither.
Each time it will be more difficult to trade the news till it will be impossible.
If u are with saxobank u should have good spreads and no problem trading the news. Nina do u only trade spot fx ?
Yes, only Spot.
About market mood.
Dollar is in long gear. We like it or not, it is. We accept it or not, it is.
For how long? I'd like to know that.
I will think a reverse is in the making when I see US Dollar Index breaking and holding below 84.40. Now, it is trading at 84,75.
So, cable can go up and euro can do the same, but, if US Dollar Index does not break down 84,40, those moves will be retracements.
Hello Nina - where can we see the dollar index live data plz?
thanks to you,
You have it on Alpari. It is delayed 30 minutes though.
BTW, we all see what kind of market we are facing.
many thanks to you Nina - I will download Alpari demo and look for it - can u tell its code plz?
Hello nina - not on alpari demo maybe only live platform. I click show all and I have only 16 pairs and nothing more. Do you or any other member know any other available place for free plz?
Thanks to you
Real Trader 4