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  • #22,701
  • Nov 12, 2023 6:23pm Nov 12, 2023 6:23pm
Quoting kenny4real
{quote} I think it's your broker, mine only spiked to 1932
Right..
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  • #22,702
  • Edited 7:01pm Nov 12, 2023 6:45pm | Edited 7:01pm
Quoting Ravenfeeder
{quote} Oh I totally agree with you, I made a mistake, it seems in Gold it is best to always keep the lot size small, especially with swap getting ridiculous as soos as lot sizes get bigger. Will post screenshot to show. It just, if it isn't happening to other traders with other brokers, then they are manipulating their own charts in order to blow peeps' accounts? What is weird is that the chart on metalsmine also shows the spike, but only down to 1923, and not 1918, yet some of you don't have the spike at all? Strange...
here it is:
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as you can see down to 1928th.., from 1940th .., around 120 pips
and you've got more then two hundred (200).., from 40th to 18th
imo, you have to contact your broker.., I don't know if this "spike difference" helps you with your account (?!)
but it's better to ask them.., even if you'll get nothing
dolce vita
  • #22,703
  • Nov 12, 2023 7:10pm Nov 12, 2023 7:10pm
Quoting ysl.
I know some of us might have bitter experience this morning due to sudden spike down on some broker, hence i share 3 chart of my broker i use actively, the thing is one of my acc is wiped by this incident. 1. FBS (my small acc wiped here but the other survived due to enough margin) the lowest spike is 1915 2. Oanda (the lowest is 1927) 3. Apx (the lowest is 1917) I wonder why this is vary from each broker {image} {image} {image}
Yeah same with me. My account liquid too in just a few minute. I think this is the way broker ways to eat their client. the question if you in sell position do you think your account will hit tp in that spike? i dont think so.. so this is one way of several ways how they makes money.

Compare to tradingview low is 1928 and dukascopy 1933
I think we shouldn't trust this broker anymore if they dont give good reason for this.
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  • #22,704
  • Nov 12, 2023 7:21pm Nov 12, 2023 7:21pm
Even it's looks like sellers area strong, I'm expecting some halts around these points. The buyers possibly pullback from these zones.
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  • #22,705
  • Nov 12, 2023 7:40pm Nov 12, 2023 7:40pm
Quoting damsak
Even it's looks like sellers area strong, I'm expecting some halts around these points. The buyers possibly pullback from these zones. {image}
you can be right
daily, Fib, TLs
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1934.40 is Low of H4 inside bar..,
1937.75 is a middle line of daily
= range for me to watch right now
...my TL&Fib speak about possible 28-30.., and DeMark's DS1 at 1921th
and WPPs at 49-54th area
be cool
dolce vita
  • #22,706
  • Edited 8:33pm Nov 12, 2023 7:47pm | Edited 8:33pm
Quoting babayaga
{quote} you can be right daily, Fib, TLs {image} 1934.40 is Low of H4 inside bar.., 1937.75 is a middle line of daily = range for me to watch right now ...my TL&Fib speak about possible 28-30.., and DeMark's DS1 at 1921th and WPPs at 49-54th area be cool
...and from my brief experience of trading gold.., she "desperately needs" to retest H or L of previous session
would 1934th be enough (?)

let's see how it plays
dolce vita
  • #22,707
  • Nov 12, 2023 7:57pm Nov 12, 2023 7:57pm
I am bitter about this, as I am sure others are. Not the best way to start the week, but again, the broker's disclaimer will be that trading is risky, so best to try and close positions every day, and keep rusk super low, so that if you trade without stoploss there is plenty of room for draw down and retracement. It never activated my short @ 1934, and didn't gap down below it, so it feels like total manipulation, from broker or market I don't know. A

Worst case scenario if hedging, remember to place an active order and not stop order before market closes on a Friday night, without TP, this way it can shoot down like it wants and shouldn't take you out.
"Who Dares Wins"
  • #22,708
  • Nov 12, 2023 8:03pm Nov 12, 2023 8:03pm
Quoting Ravenfeeder
{quote} Oh I totally agree with you, I made a mistake, it seems in Gold it is best to always keep the lot size small, especially with swap getting ridiculous as soos as lot sizes get bigger. Will post screenshot to show. It just, if it isn't happening to other traders with other brokers, then they are manipulating their own charts in order to blow peeps' accounts? What is weird is that the chart on metalsmine also shows the spike, but only down to 1923, and not 1918, yet some of you don't have the spike at all? Strange work is at play... This reminds...
One of my brokers went down to 1915 and another down to 1919. I'm thinking it should go down to at least half of the dip before going back up.
  • #22,709
  • Nov 12, 2023 8:58pm Nov 12, 2023 8:58pm
If y’all still don’t know how brokers manipulate their spreads to take out SL’s and manipulate price by adjusting highs/lows I’m p sure you guys are new to trading lol. It’s a known fact that brokers manipulate prices on charts ALL the time. They’re all evil you just have to pick the lesser evil and go for it.

Anyway, price reacted off this zone like I expected bought the low at 19 something took profits on two positions but keeping one open coz I have a feeling we might go for BSL liquidty at 61 something today let’s see
  • #22,710
  • Nov 12, 2023 9:00pm Nov 12, 2023 9:00pm
Quoting Ravenfeeder
I am bitter about this, as I am sure others are. Not the best way to start the week, but again, the broker's disclaimer will be that trading is risky, so best to try and close positions every day, and keep rusk super low, so that if you trade without stoploss there is plenty of room for draw down and retracement. It never activated my short @ 1934, and didn't gap down below it, so it feels like total manipulation, from broker or market I don't know. A Worst case scenario if hedging, remember to place an active order and not stop order before market...

That order not activating is hella dodgy g you should ask your broker about that, maybe the slippage was too much coz their spread was too big at the time so it couldn’t activate your order, brokers usually do this specially Monday Tokyo they expect traders to not be in front of their screens. Either ways that’s some intense price manipulation. If I was you I’d switch brokers
  • #22,711
  • Nov 12, 2023 10:12pm Nov 12, 2023 10:12pm
Quoting d1zzy
{quote} That order not activating is hella dodgy g you should ask your broker about that, maybe the slippage was too much coz their spread was too big at the time so it couldn’t activate your order, brokers usually do this specially Monday Tokyo they expect traders to not be in front of their screens. Either ways that’s some intense price manipulation. If I was you I’d switch brokers
I think so too! Would you recommend Exness?
"Who Dares Wins"
  • #22,712
  • Nov 12, 2023 10:36pm Nov 12, 2023 10:36pm
Quoting Ravenfeeder
{quote} I think so too! Would you recommend Exness?
Pepperstone and ICMarkets also spiked down but only to 1934.75
  • #22,713
  • Nov 12, 2023 10:43pm Nov 12, 2023 10:43pm
38.2 Fib is holding for now, but the trend points down. London open will probably show the way.
  • #22,714
  • Nov 12, 2023 11:26pm Nov 12, 2023 11:26pm
looks there a huge wick around the market opening times . may try strongly to break upside but correction of the wick likely before such efforts . so 1934/32 may risk and break down before further bounce next if limited to 1943 or 50 ! take care , no take any side to deal with!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,715
  • Nov 12, 2023 11:46pm Nov 12, 2023 11:46pm
Quoting fontu
looks there a huge wick around the market opening times . may try strongly to break upside but correction of the wick likely before such efforts . so 1934/32 may risk and break down before further bounce next if limited to 1943 or 50 ! take care , no take any side to deal with! {image}
The wick on m15 now may be ignored and will push higher
  • #22,716
  • Edited Nov 13, 2023 2:07am Nov 12, 2023 11:49pm | Edited Nov 13, 2023 2:07am
Quoting Bakker
{quote} The wick on m15 now may be ignored and will push higher
yeah possible but may to limited 1943 apparently and may again unstable , go again for correction down or more down ignoring wick again if do 1908 test . so ups and down likely to cover this wick / sudden unwanted movements !
Yes checking daily tf, like move to continue to and below 1908 instead over 1944 with apparent whatever glitch to fake wicks down!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,717
  • Nov 12, 2023 11:56pm Nov 12, 2023 11:56pm
They said trading is only about money.

But trading is:

Vision
Strategy
Probability
Confidence
Personal Growth
Persistence
Risk Management

Money is just the tool to make more money
  • #22,718
  • Nov 12, 2023 11:57pm Nov 12, 2023 11:57pm
Quoting fontu
{quote} yeah possible but may to limited 1943 apparently and may again unstable , go again for correction down or more down ignoring wick again if do 1908 test . so ups and down likely to cover this wick / sudden unwanted movements !
True
  • #22,719
  • Nov 13, 2023 3:55am Nov 13, 2023 3:55am
Quoting Bakker
{quote} Pepperstone and ICMarkets also spiked down but only to 1934.75
Thanks Bakker! Heard a lot of good things about Pepperstone, super credible and popular worldwide, I hope I can join them from here in South Africa. Gonna check them out!
"Who Dares Wins"
  • #22,720
  • Nov 13, 2023 4:16am Nov 13, 2023 4:16am
Quoting Ravenfeeder
{quote} Thanks Bakker! Heard a lot of good things about Pepperstone, super credible and popular worldwide, I hope I can join them from here in South Africa. Gonna check them out!
I use HFM in South Africa, had too many issues with some other Namibia based brokers
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