[QUOTE=“shane;509291”]Anyone here trading live account with alpari uk?[/QUOTE]
Hi Shane - I’m in the UK using IG Index, but was thinking about giving Alpari a go
I am trading with Alpari UK live. I am not sure why your spreads are so high as you mentioned in an earlier post as even on my MT4 demo account they are not. My live account though is MT5 ECN which has lower spreads than MT4 by quite alot. Good broker:54:
[QUOTE=“shane;508971”]
At alpari uk , these 2 pairs have the spread of nearly 20 pips ><"
Just to ask that is it ok if we trade using price action? the spread so high[/QUOTE]
20 pips is definately to much to be paying for your trades. How’re ever there are times where the spreads swell up right at the end of the daily sessions. I’ve noticed this on several brokers I’ve played around with.
So if your looking at your spreads at this time it doesn’t surprise me. I usually wait a couple hours to let the dust settle before I check my charts for daily setups.
If this is your spread regularly then I agree with coach in finding another broker.
Regards,
Eddie P.
@ Shane, The market is actually closed now so of course the spreads are bigger. Anyway I am not here to sell you the greatness of Alpari, just open an account with a broker that has NY close charts and has fair spreads ie Alpari ECN MT5.
Happy Trading
Ok, so about this weekly BUEB Jhonathon have commented, let’s see, how it will behave:
Good luck in new week, people!:50:
[QUOTE=“Sergei13;509357”]Ok, so about this weekly BUEB Jhonathon have commented, let’s see, how it will behave:
<img src=“301 Moved Permanently”/>
Good luck in new week, people!:50:[/QUOTE]
I’m really not sure about that one, the euro is still in big trouble fundamentally, I know we don’t really pay attention to these but it is, and the wick on top of that is very large, personally for me that show rejection of that resistance. Also the entry is in the middle of that range
About spreads… I’ve just deleted all exotics pairs such as GBP/NZD GBP/AUD etc. after todays experience. I was in trade from Friday at GBPNZD, market close slightly in profit (about 10 pips), SL was about 70 pips far from entry. When market opened, I immediately got stopped out, because spread was more than 100 pips and all of these exotic pairs were similar, even many USD pairs had 30+ spreads for a while, so be careful, if you are e.g. in 4H based trade on some exotic pair and your stop is not hundred of pips away, you may get stopped out as I did. I use Oanda and this was not the first trade which resulted in a loss because of above mentioned.
Hello everyone,
what do you think about the Pinbar on AUD/NZD 4H chart? In fact I am currently in a short trade based on a daily setup and I was thinking about adding to my position here.
Being super super strict it misses closing inside the other bar by about half a pip but I like it personally
I was thinking about this too. But I thought that as you said it’s just a little higher and it’s yet inside the candle before the previous one that is containing that small bar.
GBP/NZD Daily could be a bearish reversal, though the size is probably not big enough…
EURCHF and AUDJPY D1 is forming 2 bar reversal.
What about GBP/CHF bearish Pinbar on 4H chart? The resistance level is more obvious on the daily chart.
not sure about that. I personally don’t trade H4. but the pin bar looks nice.
Hi, i have question: if the PB on GBP/USD Daily closes into previos candle, is it a good trade?
Hello Guys!
My first post in here. 
What do you think about these daily setups?
EUR/USD
When this Pinbar can manage closing above the first resistance area (FRA) I will take this trade and go Long on this.
GBP/USD
Nice forming bullish pin bars at Support Levels and they are both with the short-term trend . Please note that these PBs have not fully finished yet.
Critical commentaries are very welcome!
Best regards
Hi everybody.Just a question about s/r levels.Do you draw the levels on 4hr and daily charts.If say you draw a level on daily is it still valid on the 4hr chart? Cheers Stefan
if you are planning to trade an intra-day timeframe (24hrs or lower) you obtain your S/R levels from the daily timefrme.
Thank’s for your reply EC.So you never obtain S/r levels on hourly timeframes?What about weekly and monthly? Cheers Stefan