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- PipStar replied Jan 18, 2007
Cable seem to have completely reversed. The power of the trend or just waiting for Bernanke and anticipating his speech? Not to forget the trading power of some insiders either before a news release or before a speech.
:US CPI Jan 18
- PipStar replied Jan 18, 2007
Cable showing quite a bit of strength now. Mind you it fell some 140 pips from its high of today. Could it all be some short covering right now? Its gone back to its pre release price.
US CPI Jan 18
- PipStar replied Jan 18, 2007
The 1 minute candle just after the news shows a drop in cable of only 20 pips. Not enough move down in the initial drop for me, so I only made a few pips. Not much but better than a loss.
US CPI Jan 18
- PipStar replied Jan 18, 2007
No trade for me. It's a waste of time and effort. I feel like I have been on a wild goose chase all morning. You were right BK, I'll also give this JPY interest rate announcement a miss next time. The Japanese interest rate decision makers dont owe ...
jpy Interest Rate Statement
- PipStar replied Jan 17, 2007
And another news agency saying BOJ meeting still going on but could end soon. Talk about confusion.


jpy Interest Rate Statement
- PipStar replied Jan 17, 2007
It's not only traders who are getting nervous. Now, Japan broadcasting company makes a mistake.

jpy Interest Rate Statement
- PipStar replied Jan 17, 2007
From broker's website: Announcement due around 3.30 GMT Monthly economic report released 6.00 GMT Governor Fukui speaks 7.00 GMT
jpy Interest Rate Statement
- PipStar replied Jan 17, 2007
Which time zone is that? Can you please specify? If you are talking NY time then two o'clock is five hours away, I don't understand.
jpy Interest Rate Statement
- PipStar replied Jan 11, 2007
Sorry to hear about your loss but may be we could all benefit from your bad experience if you could tell us the name of your broker. 75 pips slippage on a stop loss is huge. It's up to the individual but I would personally immediately look for ...
WTF! Surprise UK Rate Hike!
- PipStar replied Jan 11, 2007
Hindsight is always a wonderful thing and I am sure you must be happy taking a profit. But this could be one strategy where you dont put a TP when the rate announcement will be a surprise whether rate hike or rate cut. Or like you said put a 100 pip ...
WTF! Surprise UK Rate Hike!
- PipStar replied Jan 11, 2007
It just goes to show. Always be ready to pull the trigger whatever the experts say and whatever the expected number is. It was a beautiful trade for me. I have been waiting for this UK rate hike since last month and what's good is that it often ...
WTF! Surprise UK Rate Hike!
- PipStar replied Jan 11, 2007
What about these? AUD employment change - This is the one we had out today that produced a 40 pips rise and could probably be the only one worth trading from Australia. Also NZD CPI and NZD Employment report - Both quarterly reports I believe. I ...
Historic Charts of Economic Releases
- PipStar replied Jan 9, 2007
I would classify FXSol as an ok broker. Platform is very reliable and stable with fixed spreads. The downside as I can see it is slippage at news time which can be a few pips on smaller news releases but something around 20 pips or even more at NFP ...
FX Solutions (FXSol)
- PipStar replied Jan 9, 2007
I can see that this is your first post but if you had done a search on this forum on the brokers you mentioned, you would not have bothered trading the news with either FXCM or GFT. I have posted my experience with FXCM non dealing desk before and ...
Problem with my broker regarding the news trading!
- PipStar replied Jan 7, 2007
'IB' stands for 'Introducing Broker' IB's would introduce clients to a major broker. These new clients would then open accounts and trade with that major broker. The IB is paid a commission for introducing these new clients but that depends on how ...
Could someone recommend an honest broker?
- PipStar replied Jan 6, 2007
Isn't it time that the old thread regarding v 0.2 now be closed? This is all getting confusing with the same topic being discussed in 2 threads and criss-crossing each other? It's all very interesting but I think everyone should now contibute in the ...
Let's Trade The News V 0.4 !
- PipStar replied Jan 6, 2007
What about self-regulation of forex companies especially those who want to be seen as respectable through affiliation with regulatory bodies such as the NFA? During all this time GCG aka Forex.com should or must have been aware of all this deceptive ...
Forex.com trader worried
- PipStar replied Jan 5, 2007
This does not sound right at all. You've been robbed. You should not accept this situation and if I were you I would be contacting FXDD immediately for a refund. You are right to look for another broker. FXDD is very bad for news trading.
Broker With Guaranteed order execution?
- PipStar replied Jan 5, 2007
What a great trade !!! Took a bagful of pips both on the canadian announcement and more importantly the NFP.
Makes up for a crappy month of december for me.NFP report
- PipStar replied Dec 23, 2006
Most of those being sent to the NDD are those who have dared to make money with FXCM and were put on manual execution as a result. Dont try to trade the news on their NDD platform as you will get screwed. But you can scalp outside news time.
FXCM new no dealing desk platfrm