I need Experts ADvise - Page 2

jessporter · 11-15-2008, 01:19 AM

Quote:

Originally Posted by Hdsn

It seems those predictions are very accurate, I just traded with AUDUSD which actually is the trade I never invested in, and I had a quite acceptable gain. By the way can someone tell me how do some brokers show only 4 decimals on the fractional pip pricing? Isn’t it supposed to be the same on all of them?

They are not all the same. That extra decimal indicates fraction pip pricing, for example Tradeview has that system which helps you save a little on each transaction.

Hdsn · 11-15-2008, 03:36 AM

Indeed it was the site that made me be aware of this fraction pip pricing. Is it profitable on a trade?

Ritpip · 11-28-2008, 03:43 AM

Actually is a pretty helpful tool. Fractional pip pricing works to improve your trade and to make some extra pips. However if you are only looking to grab whatever possible pip you get without any consideration it won't probably work, as everything in Forex it will depend on your trading style.

KathySpencer · 12-04-2008, 02:32 AM

Those pips are important in large trades but scalping one decimal-pip is not too much, but I really don’t trade with those extra-mini pips so I cannot tell it for sure

wannabedavid · 12-04-2008, 02:55 AM

Thinking about it saving in spread close to 10 pips even more and trades with a 40 pips of T/P it is more than 20% of the goal.
Cutting it a little and more money per trade this saving become significant

couscous · 12-16-2008, 12:24 AM

Quote:

Originally Posted by Ritpip

Actually is a pretty helpful tool. Fractional pip pricing works to improve your trade and to make some extra pips. However if you are only looking to grab whatever possible pip you get without any consideration it won't probably work, as everything in Forex it will depend on your trading style.

Hi there rit, can you please tell where I can take advantage of that fractional pip pricing? I am really interested. Thanks.

Reggie59 · 12-16-2008, 03:19 AM

Quote:

Originally Posted by couscous

Hi there rit, can you please tell where I can take advantage of that fractional pip pricing? I am really interested. Thanks.

Well cous you could check tradeview's web page, as I know they're the only ones that work with that fractional pip pricing, which is good if you're a scalper.

couscous · 12-16-2008, 03:55 AM

I will certainly get a platform, I am really interested on this, it seems it gives you a relief when it comes to spreads. Now I understand what you said about it being good for scalpers. thanks

albertg1 · 12-18-2008, 03:43 PM

Reggie, here I agree with you. After some trials, I’ve chosen also Tradeviewforex because I get there economic events. Then it fits with my strategy (indicators plus news). I’ll check out some EA that I got there also. Do you guys have some experience with EA? Albert

smithhade · 01-03-2009, 02:13 PM

Hi,
Yes its important to check out before investing. As if now its time to consolidate i think.
Happy Trading