Australian (ASX) Stock Market Forum

Go Markets any good for forex?

Hi sorry if this is s a stupid questions but i only just noticed this.

I found that the price on the Bid/Ask is different on the Order screen compared to the chart displaying the movement. I've noticed that the difference between them will change depending on the spread.

So I’m just wondering why is this? Is this something i need to fix at my end or is this normal behaviour.

I’ve attached a pic of this.
price.jpg
 
Hi sorry if this is s a stupid questions but i only just noticed this.

I found that the price on the Bid/Ask is different on the Order screen compared to the chart displaying the movement. I've noticed that the difference between them will change depending on the spread.

So I’m just wondering why is this? Is this something i need to fix at my end or is this normal behaviour.

I’ve attached a pic of this.
price.jpg


Its the average of the bid/ask. Looks like a synthetic market so they provide a price that more or less matches the underlying, and adds a spread on top.
 
Only us 2 wow and every buggar I speak to lol, you must have family at Go thats all i can say lol.
The above post not really a winge thats why I havent been posting much coz I dont want to winge, that was a proper question actually and would be good to find out the answer.
Very good of you to tell me how my trading is going can I email you for a statement lol.

lol--did u get his statement?
he might faint looking at mine so ill save him the heartache.
How can one comment on someone elese trading when we are discussing issues with brokers.
Roopa --grow up dude!
ISPIZ- ignore this dude
 
ISPIZ;463405 [B said:
know when a platform is working the way it should or if there seems to be something going on, I have always been suss on mt4 and have only really used it for charting because I know the programs that can be put in place with it and I liked the idea of Go because they are prob the most honest broker I have had dealings with but it seems there is some funny stuff going on somewhere, I had better strike rate on trades going thru on FXDD at times and if you are as experienced as you say you will know what that means.
Chris even said the other day he spoke to the risk team and they adjusted the tolerance so there is scope to adjust some more im sure
[/B], .

my point exactly

ive tried reloading the platform too--but no success
requotes are terrible

i hope chris- that u can fix this issue with the risk team. soon.
 
Hi,

As my name got a mention I shall join in :)

I was having a LOT of problems and I did an MT4 reinstall and it did help noticeably. However that did not bring processing speed back to where it used to be in the past.

I do prefer a variable spread, I do believe that Go are trying to improve speed and reliability but I also know that other brokers are faster.

At present I am still researching and experimenting, I find demo accounts boring so I like to trade for real money even if it is only cents, Go allow me to do that in a realistic environment, so I stay.

In the event that I find something that suits me and is profitable then I shall get serious, I hope by then that Go has got there system faster and bulletproof because I would like to support them as they are in Oz and are generally helpful when contacted.

I think it does have a lot to do with how the trades are entered, if they are at market with the trader pulling the trigger they seem slow, if they are sitting on Go's system then they are fast, it is getting from the trader onto the the system that is the problem in my opinion.

I say this because when the ASX is busy then Forex trades are slow so I suspect that the software handling the transaction is the cause of the delays.

Hopefully it can all be resolved to the good

macca --thanks for sharing your feedback
it seems u have had issues to with price requoting/invalid prices
 
Hi sorry if this is s a stupid questions but i only just noticed this.

I found that the price on the Bid/Ask is different on the Order screen compared to the chart displaying the movement. I've noticed that the difference between them will change depending on the spread.

So I’m just wondering why is this? Is this something i need to fix at my end or is this normal behaviour.

I’ve attached a pic of this.
price.jpg

at a guess, id say the chart has their feed, and the box has their feed + the 'mark up' for the brokerage service.

i can see the difference of 0.5 pips across different brokers when comparing.
 
lol--did u get his statement?
he might faint looking at mine so ill save him the heartache.
How can one comment on someone elese trading when we are discussing issues with brokers.
Roopa --grow up dude!
ISPIZ- ignore this dude

Ispiz & Stawned you are like waldorf and statler from the muppet show ( the heckling old dudes in case anyone doesnt remember ) we are all bored of your moans and want constructive conversation on this forum about Go and trading plus how to more importantly make money using them as lets face it thats what its all about.
If you are as good traders as you say then obviously you are making money with them so kindly share your tactics as im also quite happy to share what I have used with them to boost my account.
No offence meant in my earlier posts guys but c'mon. also for the record I Have done 15 trades during asian session on usd/jpy and 2 requotes plus 12 RT's on Eur/Usd and NO requotes but unfortunately NO profit on the Eur/USD due to my crap trading.
One final point has anyone had a megadroid trade this week? as it was great last week but nothing so far this week:(
 
Ispiz & Stawned you are like waldorf and statler from the muppet show ( the heckling old dudes in case anyone doesnt remember ) we are all bored of your moans and want constructive conversation on this forum about Go and trading plus how to more importantly make money using them as lets face it thats what its all about.
If you are as good traders as you say then obviously you are making money with them so kindly share your tactics as im also quite happy to share what I have used with them to boost my account.
No offence meant in my earlier posts guys but c'mon. also for the record I Have done 15 trades during asian session on usd/jpy and 2 requotes plus 12 RT's on Eur/Usd and NO requotes but unfortunately NO profit on the Eur/USD due to my crap trading.
One final point has anyone had a megadroid trade this week? as it was great last week but nothing so far this week:(

hi Roonapa - ill be the first to say your comment wasnt very funny but it did put a smile to my face :)
ok -enough with our negetive comments as u say too and lets move on discussing profit potentials
one thing i can tell you is this forum is on discussing the reliability of the broker and its honesty and integrity. ( not really to discuss trading strategies ) but if ure asking then im actually trading mainly Eur/usd from specific support/resistence levels. I am following some traders journal on FF and doing very well following his S/R levels and strategy. Occasionally i scalp too. The requotes i have been getting are on normal entry/exit trades and its getting very annoying and frustrating. I just hope gomarkets can resolve this issue.
keep the vibe :)
 
Well where to start from all the comments geeez.
As i have said I dont like to winge either and I dont like sounding like a winger but gee all these requotes I just had a requote on a requote 3 times over and then had invlaid prices on 2 trades and this is all on 4 trades in the last 20 min holy crap I think I have jinxed myself lol.
Still made soem good profits tho so thats good.
 
Cheers Stawned I dont let myself get mad at much bud never alone soemone on a forum roonapa can say what ever he likes the fact is there is still probs with the platform and that is the heading on this thread so I am goign to comment about it, although I have winged a bit Im starting to think it may be the mob behind Go more than them.
What i just had happen before is really second rate stuff yeah it was a moving market but gee like i said in a previous post I would have gottin in with FXDD lol and you can actually see there quote pause and think about the price that is requested.
 
Cheers Stawned I dont let myself get mad at much bud never alone soemone on a forum roonapa can say what ever he likes the fact is there is still probs with the platform and that is the heading on this thread so I am goign to comment about it, although I have winged a bit Im starting to think it may be the mob behind Go more than them.
What i just had happen before is really second rate stuff yeah it was a moving market but gee like i said in a previous post I would have gottin in with FXDD lol and you can actually see there quote pause and think about the price that is requested.


lol-- will it sound funny if i say --LIKE WISE !!

gomarkets is heading so far in terms of requotes and invalid prices as the MOTHER of bucket shops. ( seriously i thought at one point it was fxdd too--haha ) If this doesnt change -- Labelled it shall be, in various ways.
This thread is for the purpose of sharing everyones and anyones experience with gomarkets. If this is the way many or even a few will be getting continuous requotes/invalid prices then i will keep on updating it here and on other forums. Simple.
My opinions are one of many and they will be voiced.
Still giving them a chance and i sincerely hope gomarkets can resolve this somehow.
I like their customer service and for the fact they are in Oz.
But bottom line and the most important factor is Price availability and ease of trading and not getting shafted.
3 trades today on exit i got requoted and even after i accepted the requote i got requoted on the requote--now thats taking the PISS !

anyways -- the clock is ticking :)
 
i put in stop losses, rather then market orders to exit my positions.

this morning, the market went 30 pips through my stop loss, and it wasnt triggered.

...that's not 3 pips. that's 30 whole pips.
 
no dice. was the sell that went down that low apparently, the buy price apparently stayed 30+ pips higher.

obviously no way of checking or knowing.

got treated like i was a bit of a dunce too, which wasnt really appreciated.
 
no dice. was the sell that went down that low apparently, the buy price apparently stayed 30+ pips higher.

obviously no way of checking or knowing.

got treated like i was a bit of a dunce too, which wasnt really appreciated.

Go treated you "like a dunce"? Not very encouraging.
 
Go treated you "like a dunce"? Not very encouraging.

to be fair, they probably didnt know who they were dealing with and had to assume i didnt know what a bid and ask price were; as it was just the geezer on the phone i was talking to, not chris.
 
I have heard that even the makers of mt4 admit it fragments the hell outa your c drive and recommend doing a defrag once a week and uninstalling and reinstalling your mt4 every month. If its taking abit to long to load up different timeframes this could be an indication a defrag may be in order.
May as well give it a go, see what happens.

I did notice yesterday price went through my t/p by maybe a pip or so and didnt trigger but luckily I manually exited. Not sure if it wouldve triggered if it went through another 10 pips. I guess we will never know :)
 
to be fair, they probably didnt know who they were dealing with and had to assume i didnt know what a bid and ask price were; as it was just the geezer on the phone i was talking to, not chris.

Interesting. I had a similar experience recently when the guy (again, not Chris) didn't know what I meant when asking him whether I could buy at the bid and sell at the ask. Clearly, some training is needed.
 
Top