Million Dollar Pips Discussion

lol... you made my day. retail forex traders is only a small portion of all forex tradings, less than 15%. and more IMPORTANTLY, many retail forex brokers don't route orders to the market, they just hedge those orders, won't affect the market, I dont think MDP users all together will affect the market price by 1 pip or even 0.1 pips.

   crashev posted:
   People are complaining here, blaming brokers, blaming other things, making conspiracy theories, making new theories about how market works (especially I love one about low liquidity during the spikes). I don't know if this helps Your trading but the truth
is oldchartreader is telling the truth, however I don't understand him. Nobody who have found such a setup want to share it,
because of the known reason.

However there is one more thing to this. What happens to the price when users sell ? It goes down. What happens when the users buy up ? It goes up. It's just basic. Now if we have more users trading MDP, then they would push the price in the direction we all want, the retrace would be bigger (if the power would be strong enough). However in this game still the fastest will have the most, and the slowest will probably lose.

One more thing about this thread is interesting. Anyone is shouting: scam, no way and so on, but You still keep coming, reading and commenting, You did not give up ? :)

rootkit: I understand Your lough, that was just a theory. Glad to see here someone who is reasonable.
For this reason also teories about banks and institutions counter trading MDP is just silly, it is not even noticable to them.
As for virtual markets, most of the MDP users try to use ECN (if we belive its ECN), so their orders should go to the market, however it still does not change the fact that this group of ppl is nothing in Forex Market, not even drop in the ocean.

Huge spike on USD/JPY, anyone got trades? I did not, wondering if everything is ok with my setup.

It's probably okay the us/jy MDP just don't trade is all

   crashev posted:
   Huge spike on USD/JPY, anyone got trades? I did not, wondering if everything is ok with my setup.

Yeh I saw that too and got no trade either.

I asked Pepperstone regarding high exec times, there is the answer:

'Please keep on testing in the coming week or two as we expect this to improve, and we do believe later last night there were further enhancements so if you do any live trading the execution times should be very fast'

Week or two ?> Sounds like a joke to me...

   oldchartreader posted:
   Really??? Show us the money. Post your actual results not just a request for money. Are you telling us that you have four live real money accounts that show a superior profit to what others are posting. Get real. Show us the money. Prove it in the forum. Otherwise go away.

Don't need to prove anything to you. Period. Take it or leave it. Simple. You are just another loafter and looser here. Spend your time complaining and writing senseless posts. Go spend your time honing some skills and stop blaming a great product. The right broker and settings generate great results. Unlike any I have seen. I don't give away hard work.

   ForexPro posted:
   

   hsolutionsinc posted:
   I have found 4 brokers where I am using MDP on that meet thew fastest execution time, unheard of spreads, no re-quotes, etc. I wish not to have the masses there. I am willing to share with only a few folks. If you're interested pm/email me and I'll give you the details. It wont be for free. letting you know. It took me literally 2 months of long research and even cost me personally to locate these brokers. My time is not for free. please do not contat me if you're not willing to pay for my time and service.

U must be realy broke... If u would have made a single dime with 'your' broker u would keep your mouth closed... what a loser!

I am glad you know what I would be thinking or what I would be doing if I were making money with my broker. Your crystal ball is useless. Try using it to make you some money.

@hsolutionsinc: I´ve send you a private message, could you take a look when you find a minute please?

   hsolutionsinc posted:
   

   oldchartreader posted:
   Really??? Show us the money. Post your actual results not just a request for money. Are you telling us that you have four live real money accounts that show a superior profit to what others are posting. Get real. Show us the money. Prove it in the forum. Otherwise go away.

Don't need to prove anything to you. Period. Take it or leave it. Simple. You are just another loafter and looser here. Spend your time complaining and writing senseless posts. Go spend your time honing some skills and stop blaming a great product. The right broker and settings generate great results. Unlike any I have seen. I don't give away hard work.

If you don't want to prove it nor show real money account print out, just stop spamming here

   lobotomy8 posted:
   

   hsolutionsinc posted:
   

   oldchartreader posted:
   Really??? Show us the money. Post your actual results not just a request for money. Are you telling us that you have four live real money accounts that show a superior profit to what others are posting. Get real. Show us the money. Prove it in the forum. Otherwise go away.

Don't need to prove anything to you. Period. Take it or leave it. Simple. You are just another loafter and looser here. Spend your time complaining and writing senseless posts. Go spend your time honing some skills and stop blaming a great product. The right broker and settings generate great results. Unlike any I have seen. I don't give away hard work.

If you don't want to prove it nor show real money account print out, just stop spamming here

I asked for a PM not your public post. Now I consider that you are spamming.

okay fellas.. it's all getting too personal here.. hso has a service he offers for a fee & one can buy or not..
But let's be courteous & focus on the tech aspects of trading & MDP..
Life's difficult enough..😄

   crashev posted:
   People are complaining here, blaming brokers, blaming other things, making conspiracy theories, making new theories about how market works (especially I love one about low liquidity during the spikes). I don't know if this helps Your trading but the truth
is oldchartreader is telling the truth, however I don't understand him. Nobody who have found such a setup want to share it,
because of the known reason.

However there is one more thing to this. What happens to the price when users sell ? It goes down. What happens when the users buy up ? It goes up. It's just basic. Now if we have more users trading MDP, then they would push the price in the direction we all want, the retrace would be bigger (if the power would be strong enough). However in this game still the fastest will have the most, and the slowest will probably lose.

One more thing about this thread is interesting. Anyone is shouting: scam, no way and so on, but You still keep coming, reading and commenting, You did not give up ? :)

Not sure if you realize this or not....but to move the market means you have to use up all available liquidity at a given price. If there is available liquidity you don't get any slippage. If there was infinite liquidity then the price would never change.

Even if there is unlimited liquidity you will get some slippage on ECN, just because it will take some time for the order to reach matching engine/inventory processing and if during this time price will move away (what will happen in more active sessions) you will be slipped. In most cases this is the reason of slippage, not due to liquidity unavailability.

   hsolutionsinc posted:
   

   oldchartreader posted:
   Really??? Show us the money. Post your actual results not just a request for money. Are you telling us that you have four live real money accounts that show a superior profit to what others are posting. Get real. Show us the money. Prove it in the forum. Otherwise go away.

Don't need to prove anything to you. Period. Take it or leave it. Simple. You are just another loafter and looser here. Spend your time complaining and writing senseless posts. Go spend your time honing some skills and stop blaming a great product. The right broker and settings generate great results. Unlike any I have seen. I don't give away hard work.

Seriously? Even the EA scammers have to show some sort of proof that their EAs work. If you are getting good results on these brokers, you could have easily posted a link to an MDP screenshot....or setup a myfxbook account for each of the 4 brokers that shows you are getting good results. It would prove to everyone that you are profitable on these....prove that they are real accounts and not demos, etc.

At that point, you could justify a payment in advance of the information. You gotta remember, we are FOREX TRADERS. We are used to being scammed. The only people that are going to give you money are newbies who don't know any better.

   mistificator posted:
   Even if there is unlimited liquidity you will get some slippage on ECN, just because it will take some time for the order to reach matching engine/inventory processing and if during this time price will move away (what will happen in more active sessions) you will be slipped. In most cases this is the reason of slippage, not due to liquidity unavailability.

Really? UNLIMITED liquidity at the price level......and you think that there would be slippage? Maybe you need to stop for a second and think about what I said, and what you said.

Would it make a difference on the slip if we set the lot size to a fixed number? For example, would a lot size of 1.0 be filled faster than say 1.03?

   fughe posted:
Not sure if you realize this or not....but to move the market means you have to use up all available liquidity at a given price. If there is available liquidity you don't get any slippage. If there was infinite liquidity then the price would never change.

Excellent remark Fughe, people tend to overestimate/misunderstand liquidity; what it is and how it works. Granted, the FX markets are huge, but that does not mean there's infinite liquidity, especially within the same second! You can say that liquidity is virtually endless from just a frame of a couple of seconds; where you can pretty much always get in and out as you please, but from a frame of milliseconds the picture starts to change drastically. Of course you can't expect 1000's of traders all going in the same direction at the same millisecond to get instant fills! Especially not during spikes/strong movements which DO, as you've noted, contain LESS liquidity than 'usual' for orders in that particular direction, but more than 'usual' in the opposite direction. One only has to apply simple logic to realize this; if everyone's orders can be matched at this one price, there is no pressure in either direction. It's 50/50, an equilibrium. If however, people have to reach for lower and lower prices to find a match for their order to sell, clearly there's a lack of offers to buy that currency from you at the current price, and thus a lack of liquidity, and thus the price moves down 'looking' to find a 50/50 / equilibrium situation again...

What I am saying even if you go with 0.01 lot position you will get slipped often enough, just due to the delay and price moved away. And it has nothing to do with liquidity - there was more than enough at the moment order went out, but price moved until it can get processed. It's about the latency and order processing speed.

   fughe posted:
Really? UNLIMITED liquidity at the price level......and you think that there would be slippage? Maybe you need to stop for a second and think about what I said, and what you said.