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Honest truth about forex.....
Yeni Traderlar
içinde
Nov 24, 2016 at 15:37
@c3po Whatever you call it, I agree with you that this is manipulation (cheating) by the broker. IMHO, If a broker knows your stop loss levels, it can manipulate the price and kick you out of the market no matter what position (short or long) you open. The more people like you expose such manipulations, the better.
Honest truth about forex.....
Yeni Traderlar
içinde
Nov 24, 2016 at 12:58
Hey, wait a second, wasn't it me saying that what you said is a classic example of stop hunting? It is good you expose such practices and you have my support for that. I'm not trying to burry anything...
Honest truth about forex.....
Yeni Traderlar
içinde
Nov 24, 2016 at 11:05
Interesting point, thanks for sharing!
MetaQuotes stops developing MT4
Genel
içinde
Nov 24, 2016 at 11:05
This is probably not over but moved to MT5 😉 Do you use another platform already?
Beginners - Kill your emotions
Yeni Traderlar
içinde
Nov 24, 2016 at 09:58
Why are you not interested in such services anymore?
EUR/USD
Yeni Traderlar
içinde
Nov 24, 2016 at 09:58
In fact these low levels are comparable to the lows back in December 2015. It shows strong signals of going up in the next hours. I expect it to reach a resistance at 1.0610.
Are you loosing money in forex?
Yeni Traderlar
içinde
Nov 24, 2016 at 09:58
Sorry, I don't get your point referring to your own thread in this discussion...
Do you prefer fixed spreads or dynamic spreads?
Yeni Traderlar
içinde
Nov 24, 2016 at 09:57
I think setting trailing stops could be also helpful in such cases, btw.
Do you prefer fixed spreads or dynamic spreads?
Yeni Traderlar
içinde
Nov 24, 2016 at 09:57
If you spread is fixed or quite high including the commission, tight stop losses can definitely do what you say. Either you have less room for action or you risk more.
Honest truth about forex.....
Yeni Traderlar
içinde
Nov 24, 2016 at 09:42
Well, to my understanding what you are saying is pure stop hunting. And stop hunting applies to both long and short positions as stop losses can be set to both. I understand that you are referring to shorting particularly, though. What you say makes sense only if the broker trades against the client and is able to see where the client sets its stop losses. I read the questions posted by Ben and it would be useful to all of us to get the answers.Once again - thank you for raising up this issue.
MIND THE GAP!!!
Genel
içinde
Nov 15, 2016 at 12:10
Crazy stuff! 😁
Honest truth about forex.....
Yeni Traderlar
içinde
Nov 15, 2016 at 12:10
I think this is a classic example of stop hunting. Such things should be recorded and exposed somehow! Seems the fines by the regulators are also not enough...
Fun on MyfxBook
Genel
içinde
Nov 15, 2016 at 12:09
yep, precisely! we are all humans and need to relieve the pressure.
Is demo trading enough before real account?
Yeni Traderlar
içinde
Nov 15, 2016 at 12:08
Good points, thanks for sharing! 😄
Is demo trading enough before real account?
Yeni Traderlar
içinde
Nov 15, 2016 at 12:07
This discussion turned out to be quite comprehensive which is great!
US Elections
Genel
içinde
Nov 09, 2016 at 07:06
If I understood correctly, you expect the dollar to strengthen its positions against other major currencies if Trump wins and vice versa if Hilary wins?
JFD
Brokerlar
içinde
Nov 08, 2016 at 15:46
I've been trading with JFD Brokers for quite a long time and I don't have any complaints. All good with the service, spreads and their support is very professional. I read through all the comments so far and I agree that it is good to have online withdrawals but as long as my money are kept safe I'm fine with filling in forms. What I like to see offered are more commodities and metals as well as new platforms.
Fun on MyfxBook
Genel
içinde
Nov 08, 2016 at 12:36
Buy low sell high, now say hi! 😉
Fun on MyfxBook
Genel
içinde
Nov 08, 2016 at 12:31
If a broker - it certainly is a big fish! 😁
Preparation for the US Presidential Election
Genel
içinde
Nov 08, 2016 at 12:31
I agree, especially important to check these updates when programming EAs!
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