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Old 03-17-08, 04:23 PM   #1
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Default forex question...any experts here?

if you're trading fx today, you'll notice the bid/ask spread is higher than usual...more than double for some major pairs. i talked to the advisors, they told me it is the liquity issue caused by the bear and stearn buyout, and it should be back to normal "shortly". it is just only investment firm going under, other firms are business as usual, so why there is a liquidity problem in the fx?

spread for eur/usd pair is still pretty high right now...not trading until the liquidity is back to normal.
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Old 03-17-08, 04:35 PM   #2
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Quote:
Originally Posted by Red_Sux View Post
if you're trading fx today, you'll notice the bid/ask spread is higher than usual...more than double for some major pairs. i talked to the advisors, they told me it is the liquity issue caused by the bear and stearn buyout, and it should be back to normal "shortly". it is just only investment firm going under, other firms are business as usual, so why there is a liquidity problem in the fx?

spread for eur/usd pair is still pretty high right now...not trading until the liquidity is back to normal.
Bear handles (or handled) a huge volume of the clearing operations for equity broker dealers and institutions. I'm assuming it's probably a similar story within the FX marketplace.
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Old 03-17-08, 04:38 PM   #3
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thanks. if that is the case, the liquidity won't be back for a while. eur/usd will have a steady 2pips spread for a while
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Old 03-17-08, 08:27 PM   #4
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spread is down to 1.2 pips now. hope it'll be back to 0.9 by tomorrow.
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Old 03-17-08, 09:26 PM   #5
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you are asking the forex master here. what platform do you trade off? dont tell me fxcm
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Old 03-17-08, 09:30 PM   #6
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Quote:
Originally Posted by forex View Post
you are asking the forex master here. what platform do you trade off? dont tell me fxcm
oanda they have 0.9 pips spread on eur/usd.(now it is 1.2 pips because of BSC) they're the best. what do you trade on?
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Old 03-17-08, 09:41 PM   #7
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Is there any money in this? I went to one of those presentations once when this thing all started. Thought it was too hyped up and all that so I passed.

BAUS
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Beware of AK. He is a known scammer, and has been known to sell databases of player information he obtains illegally from sportsbooks. Google it for more info.

He has also scammed a US military stationed abroad on a $500 trading card deal on Beckett.com. He has also bounced a $21 check at Walmart. Seriously.
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Old 03-17-08, 09:53 PM   #8
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Quote:
Originally Posted by BAUS View Post
Is there any money in this? I went to one of those presentations once when this thing all started. Thought it was too hyped up and all that so I passed.

BAUS
hell yes, largest casino in the world. opens 5.5 days a week
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Old 03-18-08, 01:04 AM   #9
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back to 0.9 spread

everything is back to normal now
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Old 03-18-08, 06:23 AM   #10
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You two are nuts trading forex but good luck with it
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Old 03-18-08, 08:51 PM   #11
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back to 1.2 pips spread...phuck. no wonder my trading bot is not performing well. damn you BSC
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Old 03-19-08, 06:12 AM   #12
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Quote:
Originally Posted by Red_Sux View Post
oanda they have 0.9 pips spread on eur/usd.(now it is 1.2 pips because of BSC) they're the best. what do you trade on?
I don't ususally do retail, but if I do I have fxdd, fxcm, and forex.com. fxdd is the best one out there, fxcm and forex suck. I trade primarily on the floor, retail is for suckers.

If you have an interest let me know.
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Old 03-19-08, 08:41 AM   #13
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Quote:
Originally Posted by forex View Post
I don't ususally do retail, but if I do I have fxdd, fxcm, and forex.com. fxdd is the best one out there, fxcm and forex suck. I trade primarily on the floor, retail is for suckers.

If you have an interest let me know.
don't have the time or the money to do floor. i only got couple of g to play around for beer money, and oanda usually has around 31k Euro liquidity on the either side of bid/ask at 0.9 pips spread, so that is enough for me right now.

forex.com is not good at all. almost 3 pips margin for eur/usd currency pair...and 1.5 pips margin for active trader...not good at all.
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Old 03-19-08, 07:36 PM   #14
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do you trade on fa or ta mostly?
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Old 03-19-08, 08:00 PM   #15
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Quote:
Originally Posted by forex View Post
do you trade on fa or ta mostly?
short term ta
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Old 02-09-09, 06:00 PM   #16
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Quote:
Originally Posted by Ganchrow View Post
Bear handles (or handled) a huge volume of the clearing operations for equity broker dealers and institutions. I'm assuming it's probably a similar story within the FX marketplace.
Bear Sterns?
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