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  #60777  
Old Apr 13, 2010 9:17pm
Bemac's Avatar
Monarch o' the Glen
 
Member Since Jan 2006
Default

Quote:
Originally Posted by joelcf
and an 8 pip spread,

Quote:
Originally Posted by mbqb11 View Post
whoa Joel, we gotta talk about where you are trading!
Here guys, you can attach this to Any Pair, Any Timeframe. {The Text one on the Chart. Not the indi. in lower subframe.}

I like to compare the "Entry Cost" between EURGBP ($40.00 to get in and 3 Pips from B.E.) & GBPNZD.($80.00 to get in and 11 Pips from B.E.)
Click image for larger version

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Click image for larger version

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Which do you think is the better deal?

Contrary to Popular belief, if you look across the board, a Pip is not commonly worth $10.00

Add that to the Current Spread & it may just assist you in deciding whether to Enter (or even exit) a Trade.
Attached Files
File Type: ex4 Bemac Pip Value.ex4 (5.0 KB, 51 views)
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  #60779  
Old Apr 13, 2010 9:36pm
Bemac's Avatar
Monarch o' the Glen
 
Member Since Jan 2006
Default

Quote:
Originally Posted by mbqb11 View Post
good stuff B and not to mention often spread size is relative to the range a pair tends to move as well. Important stuff here... thanks B

Mike
Thanks Mike and if you do look at the Ind in the Lower Subframe, you might notice that the GBPNZD hit a 25.2 Pip Spread Yesterday.
That's a $180.00 Entry Cost
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  #60997  
Old Apr 16, 2010 11:32am
Bemac's Avatar
Monarch o' the Glen
 
Member Since Jan 2006
Default It's Simple & Easy :)

Quote:
Originally Posted by Stockwalker View Post
Guys don't you know how did Cyrus collect somebody's all posts (in a chosen thread) to one .html file?
Here's how...
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Name:	Stockwalker Search.JPG
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My Future Starts NOW.


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36 Traders Viewing This Thread (14 are members)
spookie94, chonyc, Donkey, djmartymac, Cyrus, actarus, mbqb11, BraFX, Dan Gilbert, joelcf, gc7, Atc, Todd, ghous
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