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Linuxtroll Simple Scalping

Linuxtroll now I'm really scared! I saw a negative spreed of 30 pips so I entered long at ,35 and it was accepted, I tried to sell at market and I was 30 pips positive but they did not accepted my market order, It was pending for 1 min so I cancelled it and put another sell order at market and I got filled 2 minute later at ,38 for 3 pips profit.

from +30 to +3 hopefully I tried this craziness with 1 micro

this is not the first time, last week I was +5 and they closed my position after 4 minutes for -1

when the price move so fast I don't have the confidence to put a trade on , they scare me with all this slippage!
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Partial exits keep the door open for the occasional home run...
(E/J 5s)
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Quoting italianfx
Linuxtroll now I'm really scared! I saw a negative spreed of 30 pips so I entered long at ,35 and it was accepted, I tried to sell at market and I was 30 pips positive but they did not accepted my market order, It was pending for 1 min so I cancelled it and put another sell order at market and I got filled 2 minute later at ,38 for 3 pips profit.

from +30 to +3 hopefully I tried this craziness with 1 micro

this is not the first time, last week I was +5 and they closed my position after 4 minutes for -1

when the price move so fast I don't have the confidence to put a trade on , they scare me with all this slippage!

Thats why you get rid of FX and go to a liquid Index futures Contract with minimal slippage and no games by Market makers.

cheers ..ECO
Enter Signature
Crazy E/J... I don't know what happened..

It had negative spread by 30 pips for 5-10 minutes..
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I used to be schizophrenic, but now we are sane.
The USD/JPY had a lot of movement today. Rainbow works just takes screen time as linuxtroll said. Thanks once again. Me = Noob at work
How long this happends with the spread???

My fault, 5-10 minutes :-D

Then we should stay away from there...
Wow, get very bad fillings about EFX today if order is above 10 lots(DEMO)... i had thought demo filling is better then live... what if this was live???

Not every day so bad...

Anyone other have the same problem with fillings?!?
I have been selling and buying at the same time during that negative spread period.. i was breakeven though because of huge delay 30-60 sec
I used to be schizophrenic, but now we are sane.
Quoting charlinks
OK... So do you buy or sell here?

Can you explain?
You tell me... and I will tell you whether you are on the right track...
Quoting Iqtrading
Hey Guys last N8 the rainbow has enlighten me!

http://www.alex-energies.org/images/erleuchtet.jpg


it's wonderful feeling to ride on him...

then was taking a pot of coffee, instead Gold and another great options were there... thats living, now going swimming...
Wonderful... Swimming... Surfing...
Quoting linuxtroll
Wonderful... Swimming... Surfing...
...

http://www.artsology.com/gfx/motion_...golf_swing.jpg
"didn't get the picture here inside" :-(
Quoting italianfx
Linuxtroll now I'm really scared! I saw a negative spreed of 30 pips so I entered long at ,35 and it was accepted, I tried to sell at market and I was 30 pips positive but they did not accepted my market order, It was pending for 1 min so I cancelled it and put another sell order at market and I got filled 2 minute later at ,38 for 3 pips profit.

from +30 to +3 hopefully I tried this craziness with 1 micro

this is not the first time, last week I was +5 and they closed my position after 4 minutes for -1

when the price move so fast I don't have the confidence to put a trade on , they scare me with all this slippage!
Only way to avoid these manipulations - use your own software and feed and trade through their API (using FIX protocol)...
Quoting ECO
Thats why you get rid of FX and go to a liquid Index futures Contract with minimal slippage and no games by Market makers.

cheers ..ECO
Wrong... Get your own software... feed... and execute the trades through their API... Liquidity is the key...
how to apply FIX, and if u think it is to be able to make a 5 sec chart with tickdata from MBT, i had think about a price ladder and tickchart... but unfortunately i have no skills in programming, so have to search me a cheap programmer on university, but first want to know if this things is able to make with the feed from mbt...
Quoting MichaelFX
Read the thread, the e-book isn't as helpful as the thread. Even reading the entire thread shouldn't take you more than a half a day. Make sure you bring a notebook and write down posts you liked, had questions about or showed good trade setups.
LoL... You did not get it... Read the tips and guidance from the e-book - and use the screen time - that's the key... NB! Screen time does not mean, sit in the forum and watch other's setup and do research on idea entry/exit...

just jump in and out and take trades... that's how you shorten the learning curve - not by bring your notebook and take notes and do research... goal is to make money - not doing research or search for the holy grail and looking for that pot of gold...

Keep It Simple and Smart - that's where the e-book helps...

I have given you a Mercedes Benz (Cyrox Rainbow) and a method to drive (LTSS)... Now it is up to you to change the color, wheel, performance tune and drive aggressively or smoothly... where to stop for that coffee etc... You will reach the destination (millions)...

Hope this helps...
Quoting linuxtroll
Only way to avoid these manipulations - use your own software and feed and trade through their API (using FIX protocol)...

is this what you are doing? you have your own software? Currenex is not good?
ok I know I must have $25000 to trade with Currenex or CAX ,but I don't have $25000 and I don't have money to make my own sofware, now I must just avoid fast moving market.
...
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  • Post #3,418
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  • Edited Nov 10, 2007 7:22am Nov 9, 2007 8:45am | Edited Nov 10, 2007 7:22am
Quoting Leonlorenzo

Also, Ive herd oandas position on scalping is that they alow it. Has anyone herd anything off them?
Im trading live but only small lots ATM, so i doubt they would bother sending me death threats yet.

Leon
I know someone who actually spoke with Richard Olsen, the president of OANDA, and received a clear and straight answer that OANDA does not mind scalpers at all. What OANDA does not like are news traders who try to profit from the news spikes in less than 30 seconds with large lots. That is why they started widening their spreads at news times since the summer of 2006. It is only to these news traders whom OANDA sends warnings, not to scalpers.
I think Ive realised why I stopped keeping up with this thread 100 pages back......... I would ask a question and no'one would respond. Some things never change.

EDITED: Thanks for that pegasus3, lol. Seems you had just responded to my question as I was writing this post. Good to know, now the only question is whether or not oanda make it more difficult for scalpers through price manipulation.
From the picture I see so far oanda Is better to business with than a ECN such as EFX!
Spread plus commision adds up to roughly thesame as oanda's spread if not more, and it seems EFX have terrible slipage aswell sometimes!

Leon
Living the adventure in my head.
Quoting Leonlorenzo
whine whine whine whine........ whine whine.... whine...

Money for nothin' and pips for free!
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