Thanks groovenator for your reply.
Correct me if I'm wrong but the revision only comes out a month later does it not?
I mean - if I am right here - right now - take profit at the end of the spike - either way - no problem???
Actually - you make a another very valid point:
Quote:
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Brokers also do not always honour exits.
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Why is it that with my broker - anything ???/USD or USD/??? is executed IMMEDIATELY i.e. does not even wait or go into an order queue but anything like AUD/??? or ???/ZAR goes into a queue and juts sits and sits and sits and then gets requoted?
Anyone think of a good reason for this?
Regards,
Dale.
PS - You have no idea just how hard I AM trying to learn to trade properly - it is just that at these major News Events - why 'look a gift horse in the mouth'?
Not only that - the so called analysts are all saying that at the moment NOTHING is trading on fundamentals but more on speculation (I think that is the term being bandied about) i.e. all our graphs, trend lines, analysis, etc. etc. does not seem to be helping. At least - that is the way I read it.
Comments?