Scalping FX with Cyrox Rainbow

[Trembling Hand]

Is your mouse finger broken? Read the link I put in my post above or go to their website.

Well smarty congratulations for believing the marketing hype. Your "free" commissions are costing you heaps. Having to always buy and sell "@ market" with "free" commission is costing you about 10 times more than being in the real market paying commission. thats why they give you such rubbish.

Maybe you would like to use your mouse finger and read this.

http://tremblinghandtrader.typepad.com/trembling_hand_trader/2007/06/the_real_cost_o.html

It continues to amaze me that people don't question the "Free commission" rubbish. If I was selling you a product and said it was free you would be suspicious but with FX & CFD people take it hook line and sinker.

 

[tayser]

quick break of the .00 level & range, jumped in for quick pips:

Time Order ID Message Event TIF Orig Trader ID
18:46:35 0xy002s:0ifw-00 Sell Short 100000 GBP/JPY @ Market on MBTX [expiring: 5/08/2008] (100000 traded at 205.96) Filled GTC
18:47:03 0xy002s:0iio-00 Buy 100000 GBP/JPY @ Market on MBTX [expiring: 5/08/2008] (100000 traded at 205.87) Filled GTC

 

[G-Zilla]

hey guys, havent been trading as my PC has been out of action lately.

1st at 8pm:
trade wasnt too good in hindsite. Price hadnt broken out from162.50. I thought it would and made a mistake getting before the action was confirmed. First trade of the night so learn form the mistake!
-6.6

2nd at 8:30pm:
after a breather from jumping upto 162.65 I thought it was going to run towards 162.75 if it broke up again which it did so jumped on.
+3.8pips

3rd trade at 9:05pm:
Price broke down hard and pulled back a little. Jumped in and set a take profit at 162.50.
+9.6pips

overall +6 pips. Might look for some more on the US open.

 

[tayser]

Caught on the wrong side of an unexpected bad news announcement (German factory orders) - spooked nearly every pair! Jacked the lots up (it's pretty obvious which way the market's now going and it broke a daily support, a previous low and the entry signal was the ask falling through the .50 level) and went for a ride...

Time Order ID Message Event TIF Orig Trader ID
19:54:32 0xz0m2s:0iba-00 Buy 200000 EUR/USD @ Market on MBTX [expiring: 6/08/2008] (200000 traded at 1.5469) Filled GTC
20:00:06 0xz0m2s:0iq2-00 Sell 200000 EUR/USD @ Market on MBTX [expiring: 6/08/2008] (200000 traded at 1.5463) Filled GTC
20:01:25 0xz0m2s:0ism-00 Sell Short 500000 EUR/USD @ Market on MBTX [expiring: 6/08/2008] (500000 traded at 1.5449) Filled GTC
20:01:42 0xz0m2s:0iv7-00 Buy 500000 EUR/USD @ Market on MBTX [expiring: 6/08/2008] (500000 traded at 1.5437) Filled GTC

 

[nizar]

Are they philanthropic organizations?

LOLOLOLOL.
Classic

 

[nizar]

No. New financial year I will be.

Tayser.
Will EFX be accepting accounts funded with $AU by then?
Great thread by the way, Ive been following with interest.
Nice to see you trading GBP/JPY, it gives nice big trends.

 

[G-Zilla]

Tayser, I got on that news move too!

easy 11pips

(pity I wasn't shooting with max lots )

 

[>Apocalypto<]

Is your mouse finger broken? Read the link I put in my post above or go to their website.

LOL

CMC = clients money collector.

mate u are with a fine group I wish u well with em.

EFX well they are yet to prove much. I wont knock em to hard cuz they work brokerage out on the % so higher the euro value the more the comm. but HRL don't defend CMC in fx go read some reviews.

 

[tayser]

Will EFX be accepting accounts funded with $AU by then?

No idea, I'm not the one to ask.

G-zilla: pip on.

 

[tayser]

G'night.

Time Order ID Message Event TIF Orig Trader ID
22:30:23 0xz0m2s:0omx-00 Buy 200000 GBP/JPY @ Market on MBTX [expiring: 6/08/2008] (200000 traded at 206.04) Filled GTC
22:33:15 0xz0m2s:0oyg-00 Sell 200000 GBP/JPY @ Market on MBTX [expiring: 6/08/2008] (200000 traded at 206.14) Filled GTC

 

[tayser]

looking for another trade after Euro rate announcements.

Time Order ID Message Event TIF Orig Trader ID
21:23:27 0y0002s:0m5q-00 Buy 500000 GBP/JPY @ Market on MBTX [expiring: 7/08/2008] (500000 traded at 204.27) Filled GTC
21:24:40 0y0002s:0m8n-00 Sell 500000 GBP/JPY @ Market on MBTX [expiring: 7/08/2008] (500000 traded at 204.38) Filled GTC

 

[tayser]

Done.

Time Order ID Message Event TIF Orig Trader ID
21:49:48 0y0002s:0nm8-00 Buy 700000 EUR/USD @ Market on MBTX [expiring: 7/08/2008] (700000 traded at 1.5361) Filled GTC
21:50:16 0y0002s:0nmz-00 Sell 700000 EUR/USD @ Market on MBTX [expiring: 7/08/2008] (700000 traded at 1.5368) Filled GTC

 

[tayser]

Baby Pips

Time Order ID Message Event TIF Orig Trader ID
18:45:59 Buy 10000 EUR/USD @ Market on MBTX [expiring: 11/08/2008] (10000 traded at 1.5436) Filled GTC
18:46:24 Sell 10000 EUR/USD @ Market on MBTX [expiring: 11/08/2008] (10000 traded at 1.54402) Filled GTC

^ live EFX/MBT

 

[caribean]

Did someone mention my favorite broker's name?
Ahhhh, i remember the good old days, when i've made plenty of donations to that philanthropic organization, though i've got a sneaking suspicion my donations did not end up in Ethiopia, rather to some guy in the united...something or other......or waking up to margin call emails from a "forgotten" order which did not show anywhere prior to logging off the trade console, or ,being allowed to enter an order during news but no matter how many times you clicked that mouse button to exit with a profit you could not exit until you were in a loss....ahhh the good old days...one good thing, i don't go through so many mice any more....they used to smash beautifully if you swing them by the cord on to the floor while your face turns the color of beetroot and some previously unthought of combinations of obscenities come out of your mouth

 

[tayser]

Time Order ID Message Event TIF Orig Trader ID
22:33:07 Buy 10000 EUR/USD @ Market on MBTX [expiring: 11/08/2008] (10000 traded at 1.5448) Filled GTC
22:33:31 Sell 10000 EUR/USD @ Market on MBTX [expiring: 11/08/2008] (10000 traded at 1.5445) Filled GTC
22:43:25 Buy 10000 EUR/USD @ Market on MBTX [expiring: 11/08/2008] (10000 traded at 1.5454) Filled GTC
22:45:26 Sell 10000 EUR/USD @ Market on MBTX [expiring: 11/08/2008] (10000 traded at 1.5459) Filled GTC

 

[tayser]

Time Order ID Message Event TIF Orig Trader ID
18:35:43 Sell Short 10000 EUR/USD @ Market on MBTX [expiring: 12/08/2008] (10000 traded at 1.5503) Filled GTC
18:35:48 Buy 10000 EUR/USD @ Market on MBTX [expiring: 12/08/2008] (10000 traded at 1.5497) Filled GTC
18:36:50 Buy 10000 GBP/JPY @ Market on MBTX [expiring: 12/08/2008] (10000 traded at 202.77) Filled GTC
18:37:08 Sell 10000 GBP/JPY @ Market on MBTX [expiring: 12/08/2008] (10000 traded at 202.82) Filled GTC

 

[prawn_86]

This method is like riding a bike, once you know it you pick it up quickly again.

Got 6 pips after not having 'traded' (demoed) for over a month

 

[prawn_86]

Couldnt help myself.

Broke down after being range bound for ages so took another 2 quick pips

 

[prawn_86]

-6 (brokerage kills)

+5

+4

 

[ThingyMajiggy]

Nice work prawn