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  • #3,661
  • Nov 7, 2011 4:34am Nov 7, 2011 4:34am
Quoting Peter-FX
ozmacca

I haven't got a gap. Also change your background colour to white and you may see the candle bar.
your chart isn't the same as what he was looking at and you are 2 hours ahead of the so-called 'gaps'.... and besides, someone complaining about gaps when it's the start of the week before anyone is barely open to trade (i.e. NO LIQUIDITY) is clearly crying over nothing.

the friggin 'gap' is just one bar opening at a price different to the previous close. big deal.

the minute the market opens some idiot will complain about spreads and liquidity related events, without fail, every goddamn week. people just have no clue.

i'm waiting for some genius to come along and complain about frozen prices over the weekend and not being able to trade due to the spread.
Congratulations ScalaFX for coming out of the closet!
  • #3,662
  • Nov 7, 2011 6:28am Nov 7, 2011 6:28am
Quoting nubcake
i'm waiting for some genius to come along and complain about frozen prices over the weekend and not being able to trade due to the spread.
I am coming back in a few weeks to do that, I reckon that is a classic!!!! Good to have a laugh at this time of day - thanks ;o)
  • #3,663
  • Nov 7, 2011 6:58am Nov 7, 2011 6:58am
Execution times have improved dramatically, with no reqoutes as there was previously, but there is a lot of slippage, where there was none before.

It could be one step forward and two steps back for me. I'll wait and see.
  • #3,664
  • Nov 7, 2011 8:18am Nov 7, 2011 8:18am
I have to revise my original comment start of trading I was getting 2.7 spread w GO and 1.7 with my other brokers.
Now as both US and London are open I'm getting 1.7 with GO and 1.2 with my other brokers. So indeed spread has been lowered well at least non asian spreads

I still would like to see GO return to their old average of 1.3-1.5 especially since they are saving a heap of money from no longer honoring rebates. Why not use a small fraction of this savings and lower spread 0.2-0.4 to get things back to the way things used to be. I think looking at the longer term picture you'd retain more existing clients and attract more new ones. I think you'd make more having more clients then losing many but making more off higher spreads. I also think that adding another server hub in US or London would also attract a lot more clients since most of us are super obsessed with execution speed. And lets face it OZ is not known for having good execution speeds even with a vps near by.
  • #3,665
  • Nov 7, 2011 8:40am Nov 7, 2011 8:40am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Order execution times three times worse than before the new LP got introduced..lack of liquidity I would say. I expected more liquidity, not less..
As long as brokers don't get forced to name/ publish her LPs, this industry remains an intransparent and onesided play ground in the advantage of brokers.

GOs spreads still on the level of bucketshops, like Alpari..
  • #3,666
  • Nov 7, 2011 8:47am Nov 7, 2011 8:47am
i've got spread of ~4pips on AU and GU, and EU fluctuating between 0pips, and then widening to 3.8pips as it get's close to top wicks of candles/previous highs.

there's some serious shenanigans going on here.

anyone else have similar observations?
- Look to the left, Trade to the right - I am the system
  • #3,667
  • Nov 7, 2011 9:04am Nov 7, 2011 9:04am
Quoting Sebastiaan76
i've got spread of ~4pips on AU and GU, and EU fluctuating between 0pips, and then widening to 3.8pips as it get's close to top wicks of candles/previous highs.

there's some serious shenanigans going on here.

anyone else have similar observations?

I am seeing 3.0-4.0 pip spreads on gom, and vantage live acct is showing 0.8-1.4 for EURUSD. ibfx au is actually looking very good from here. They are 1.8-2.4. And I thought that was high.

I must admit, very bizarre.
Measure trends automatically with zero lag
  • #3,668
  • Nov 7, 2011 9:05am Nov 7, 2011 9:05am
Quoting Sebastiaan76
i've got spread of ~4pips on AU and GU, and EU fluctuating between 0pips, and then widening to 3.8pips as it get's close to top wicks of candles/previous highs.

there's some serious shenanigans going on here.

anyone else have similar observations?
same here, spread increase after I shorted audusd. So bs
  • #3,669
  • Nov 7, 2011 9:09am Nov 7, 2011 9:09am
Chris and team at GoM,

I don't know the decisions behind the change of LP, but TBH the outcomes thus far has been downright awful. Why are we getting spreads of 4.0 on EURUSD right now at 15:00 CET when other AUD brokers are 1.4 - 1.6? I'm also finding executions slower than before the transition started and far more incidents of slippage

I'm all for trying to make improvements in a broker's trading environment but the current performance of the new LP has definitively been a backward step for traders IMO.

We were told to expect better liquidity and execution times, do you believe the current performance reflects this?
  • #3,670
  • Nov 7, 2011 9:21am Nov 7, 2011 9:21am
I had lots of disconnect/reconnects around US equity market open (1am Aus EDST ).

not really tradeable like this so may as well go to bed!

wonder what happened :/
- Look to the left, Trade to the right - I am the system
  • #3,671
  • Nov 7, 2011 9:29am Nov 7, 2011 9:29am
gee the spreads on eu have gone from bad to much worse, i am seeing a spread of 4 now, and this is ny session. what the heck ????

is this what chriss meant there will be issues early on. gee i sure hope this gets sorted out.
  • #3,672
  • Nov 7, 2011 9:45am Nov 7, 2011 9:45am
Ironic that the live spreads provided on the front GoM web page are what we expect for this time of day.. EU at 1.3 for example. It doesn't reflect reality at all in MT4.
  • #3,673
  • Nov 7, 2011 9:45am Nov 7, 2011 9:45am
i'm getting 4-5p across all majors but calm down, if they really switch/add liquidity providers there has to be some transition phase (or they should cut us off completely? i don't think so!) ..switch to another broker, OR don't trade with GO till it's done and stable and IF you trade don't put your stops on shorts too close to the bid else you'll be kicked out.. that's all

no disconnects so far today
MarginTrader All Time Return: na
  • #3,674
  • Nov 7, 2011 10:02am Nov 7, 2011 10:02am
Spreads are crazy USDCHF 5.4/5.5 EUR 2.7 / 2.8 only in mid of the day i saw spreads to 1.7/1.9 like that on EUR . Right now as i write EUR 3.9
  • #3,675
  • Nov 7, 2011 10:12am Nov 7, 2011 10:12am
Quoting MaryJane
i'm getting 4-5p across all majors but calm down, if they really switch/add liquidity providers there has to be some transition phase (or they should cut us off completely? i don't think so!) ..switch to another broker, OR don't trade with GO till it's done and stable and IF you trade don't put your stops on shorts too close to the bid else you'll be kicked out.. that's all

no disconnects so far today

you are right my usdchf trade got stopped out because of 5.4 spread at that time .. crazy stuff
  • #3,676
  • Nov 7, 2011 10:26am Nov 7, 2011 10:26am
Quoting madjae
Ironic that the live spreads provided on the front GoM web page are what we expect for this time of day.. EU at 1.3 for example. It doesn't reflect reality at all in MT4.
Actually, fxintel is showing live and past hour average of well over 4 pips for major pairs.I just took a snapshot about 7 minutes ago.

Attached Image

Measure trends automatically with zero lag
  • #3,677
  • Nov 7, 2011 10:27am Nov 7, 2011 10:27am
Yep, spreads are even worst then before now? Just got filled @ 4.2pips on e/u..
  • #3,678
  • Nov 7, 2011 10:27am Nov 7, 2011 10:27am
well i also saw 6.0.. 5.4/5.5 current ( USDCHF ).. that's it i am stopping trading until i hear from them
  • #3,679
  • Nov 7, 2011 10:34am Nov 7, 2011 10:34am
Don't know what is happening here, terrible spreads, the worst ever since I started trading with GoM...
  • #3,680
  • Nov 7, 2011 10:34am Nov 7, 2011 10:34am
I have been trading all day today and spreads were 1.5 to 2.0 most of day, (asian) now in US have 3.9 - 4.4 on Euro, higher on others, if this keeps up will seriously have to look at moving my account. Not happy Jan, as we say in Oz.
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