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Thread: Forex.com

  1. #11
    Yes, that's accurate. There are a few brokers that just clump up 3 times. I did well on the roll and I'm with MG. It is sort of funny, as my rollover time occurs at 13:00 my period on Wendesday and occasionally it makes more sense to open a trade on Wednesday in 12:55 and then close it in 13:01, when there's a large differential in my favor and it's bigger than my spread.It is similar to a free lunch literally. I have lunch in my broker.

    My broker simply allows favorable rollover on 25k or larger accounts, however. So that I cannot do it. It is interesting when it happens though...

    SMJ
    Quote Originally Posted by ;
    On Wednesdays rollover is x3 (times 3).

  2. #12
    Of course the corollary of the free lunch is when the deferential is against me. If I did that trade, I'd be buying them lunch. I only do the silly trade sometimes, when the market is dead. No movement is best and the bigger the dif the better. I understand I am not going to retire on it, it just kinda cracks me up.

    SMJ

  3. #13
    Quote Originally Posted by ;
    On Wednesdays rollover is x3 (times 3).
    This report describes it:

    http://transcripts.fxstreet.com/2005...ugust_30_.html

  4. #14
    It is extract from that article. Doesn't interest rate increase growth?

    Extract:
    In case you're not knowledgeable about how interest payments work, it is straightforward. Each currency yields a certain amount of interest, as determined by the monetary policy manufacturers of each nation or countries represented by the currency. Policy makers raise these interest rates to attempt and stimulate growth, and they lower them to slow growth and battle inflation.

  5. #15
    Quote Originally Posted by ;
    Hi habeeb

    Why?
    Weekends are on Wednesday in the Forex world when it comes to rollovers.

  6. #16
    Quote Originally Posted by ;
    Hello habeeb

    Why?
    The payoff takes 2 days. . .When you start a trade on Monday, it settles on following the end of Wednesday, and when you start a trade on Tuesday, it settles on following the end of Thursday...

    After you start a trade on Wednesday, it is going to pay actually following the market closes on friday, so it is going to take another 2 days of vaion, additional, so you're either billed the interest rate of the Saturday Sunday or you gain them....That's why on Wednesday, rollovers are 3 times the regular times, accounting for the additional 2 days of the weekend. . .That's exactly what I understand at...


    Thanks,

    Nader

  7. #17
    Quote Originally Posted by ;
    The settlement takes 2 days. . .When you start a trade on Monday, it settles on following the conclusion of Wednesday, also if you start a trade on Tuesday, it settles on following the conclusion of Thursday...

    When you start a trade on Wednesday, it is going to settle actually following the market closes on friday, so it is going to take another 2 days of vaion, additional, so you're either charged the interest rate of the Saturday Sunday or you also gain them....That's why on Wednesday, rollovers are just 3 times the normal days, accounting for the additional 2 days of the weekend. . .That's what I know at...


    Thanks,

    Nader
    Aha, I thought so too, but wasn't convinced

    As spot Forex bargains have value date following two weeks, So if you trade on Wednesday it'll be appreciated on Monday So you get 3 times longer.

  8. #18
    Hi
    I am new to forex trading, doing quite abit of reading before I jump though. My question, does any one use or have experience with all the trading platform at Forex.com?

  9. #19
    Quote Originally Posted by ;
    Hi
    I am new to FX trading, doing quite abit of reading before I jump in though. My question, does any 1 use or possess experience with all the trading platform in Forex.com?
    Hi mark7 07,

    I utilize forex.com as one of my brokers and that I also utilize FXDD. I like them both but so far as depositing money and customer service I'd rate Forex.com better compared to FXDD but with Forex.com I am not too mad about their charts that I like the MT4 platform better which FXDD offers. I like Forex.com and that I mostly do my trading with them but I use the charts above at FXDD but I think it's only a matter of opinion. I hope this is of any help. . . .Valerie...

  10. #20
    Quote Originally Posted by ;
    Hello mark7 07,

    I use forex.com as among my brokers and that I also use FXDD. I enjoy them both but so far as depositing cash and customer service I would rate Forex.com better compared to FXDD but with Forex.com I am not overly mad about their charts that I enjoy the MT4 platform better which FXDD offers. I personally like Forex.com and that I mainly do my trading with them but I use the charts over at FXDD but I guess it's just a matter of opinion. I hope this is of any help. . . .Valerie...
    Have you ever exchanged the news with Forex.com? Do you know how is implementation in these times?

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