Gbp Wtf Ah?

Discussion in 'Forex Trading' started by cocaineaddict, Jun 16, 2009.

  1. I buy, it drops

    I short, it goes up

    The spread is 10-30 pips!!!!!!
  2. fuck forex

    going back to trading t-bonds

  3. Firstly, spread shouldnt be that wide, broker is screwing u MB trading is at 3pips right now, if u look at the current market volatility it is actually very cheap vs when the volatility is around 30/40pips.

    Secondly, if u this confused u have a long way to go in forex and should go back to whichever market u were trading and slowly phase in fx trading. Then when u are fully comfortable u can be full in fx trading but right now u are on very shaky ground.
  4. Hmmm, you are trading the GBP at the start of Asian session and expecting good spreads and movement? Lol rookie mistake.

    If it was the GBP/USD, that would make my day!