Silent Service Method | Page 375 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Silent room 2 replies

Silent Success of Patience 10 replies

My silent journal 4 replies

bo7a method... method for GBP/JPY 205 replies

Seeing Through the Silent Crash 4 replies

Attachments: Silent Service Method
Exit Attachments

Silent Service Method

  • #7,481
  • Mar 8, 2010 12:50pm Mar 8, 2010 12:50pm
Quoting Danku
I would not complain about them.............i have made a number of withdrawals with them------Perfect, execution is quite fast, you only neeed to know that their spreads are not fixed and their customer service is also good............only probelm i find is, if when you compare FXPro Bar Patterns with them, the two are different and their is only one other broker with the same time zone, so if you chart using one broker and trading live on them, just know you will have an issue about PBs, IBs etc.....otherwise no complains from me.........................

Nice.
  • #7,482
  • Edited 1:15pm Mar 8, 2010 1:01pm | Edited 1:15pm
Quoting o990l6mh
May I ask if you have a live account with them and if so, what's your experience with them?

I'm asking because I'm attracted by the number of instruments they offer and I do my charting on their demo. But the fact that they're in Cyprus is holding me back.

If you're talking about FXPro I'd confidently say they've earned their stripes so I don't think their being in Cyprus should hold you back because they've got a good reputation, and in fact there's just one word to classify them: EXCELLENT! (And I mean in all ramifications, thus I do not hold any negatives against them).
  • #7,483
  • Mar 8, 2010 1:24pm Mar 8, 2010 1:24pm
Quoting wh1zz0
If you're talking about FXPro I'd confidently say they've earned their stripes so I don't think their being in Cyprus should hold you back because they've got a good reputation, and in fact there's just one word to classify them: EXCELLENT! (And I mean in all ramifications, thus I do not hold any negatives against them).
Thank you for the quick answer.

I may have to get myself an account there to test them out.
  • #7,484
  • Mar 8, 2010 1:54pm Mar 8, 2010 1:54pm
Has anyone used Oanda here? It's the only broker I found that offers 10p and even 1p per pip, that is also mac compatible (a breakthrough for me, as it would allow me to trade this 200 pip SL trades). Would you recommend them?

(sorry they might have been mentioned before, but I can't remember what was said...)
  • #7,485
  • Mar 8, 2010 2:09pm Mar 8, 2010 2:09pm
Quoting sebafx
Has anyone used Oanda here? It's the only broker I found that offers 10p and even 1p per pip, that is also mac compatible (a breakthrough for me, as it would allow me to trade this 200 pip SL trades). Would you recommend them?

(sorry they might have been mentioned before, but I can't remember what was said...)
I trade with Oanda and really like them. Their charting isn't the best but that;s ok, there's plenty of free mt4 demo's for that.

They open sunday at 11am west coast time, spreads vary which is fine too, sometimes I see the spread widen and realize I forgot to check the calendar for some news event.LOL.

Their position size granularity allows me to take almost any trade and still be within acceptable MM limits. Also they have spot gold and silver.

I have absolutely no complaints about them as a broker, and would recommend them.
  • #7,486
  • Mar 8, 2010 2:10pm Mar 8, 2010 2:10pm
Also, their platform is web-based, so if you're in a pinch, you can log-on from any computer and do whatever you need to do.
  • #7,487
  • Mar 8, 2010 2:24pm Mar 8, 2010 2:24pm
Quoting sebafx
Has anyone used Oanda here? It's the only broker I found that offers 10p and even 1p per pip, that is also mac compatible (a breakthrough for me, as it would allow me to trade this 200 pip SL trades). Would you recommend them?

(sorry they might have been mentioned before, but I can't remember what was said...)
I use them and I have nothing but praise.
  • #7,488
  • Mar 8, 2010 2:30pm Mar 8, 2010 2:30pm
Quoting Low
I trade with Oanda and really like them. Their charting isn't the best but that;s ok, there's plenty of free mt4 demo's for that.

They open sunday at 11am west coast time, spreads vary which is fine too, sometimes I see the spread widen and realize I forgot to check the calendar for some news event.LOL.

Their position size granularity allows me to take almost any trade and still be within acceptable MM limits. Also they have spot gold and silver.

I have absolutely no complaints about them as a broker, and would recommend them.
Thanks Low!
  • #7,489
  • Mar 8, 2010 2:33pm Mar 8, 2010 2:33pm
Quoting o990l6mh
I use them and I have nothing but praise.
Great to hear you both agree, brillant.
  • #7,490
  • Mar 8, 2010 2:55pm Mar 8, 2010 2:55pm
could I please have people's views on this setup when you got a min, to learn? (I am missing today's bar, dunno when proRealTime updates them...)

please also comment on the S/R areas i drew if you can. I seem to end up with 200 pip areas most of the time, would you say this is normal?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 00000011.png Size: 50 KB
Click to Enlarge Name: 00000013.png Size: 50 KB
  • #7,491
  • Mar 8, 2010 3:02pm Mar 8, 2010 3:02pm
CML entered.
Attached Image (click to enlarge)
Click to Enlarge Name: cml2.png Size: 154 KB
  • #7,492
  • Mar 8, 2010 3:04pm Mar 8, 2010 3:04pm
Quoting sebafx
could I please have people's views on this setup when you got a min, to learn? (I am missing today's bar, dunno when proRealTime updates them...)

please also comment on the S/R areas i drew if you can. I seem to end up with 200 pip areas most of the time, would you say this is normal?
I could trade off of it. Looks pretty good. I believe ProRealTime updates at GMT, but don't quote me on it.
  • #7,493
  • Mar 8, 2010 3:21pm Mar 8, 2010 3:21pm
Random mumbling at the blog updated.
  • #7,494
  • Mar 8, 2010 3:33pm Mar 8, 2010 3:33pm
Quoting clockwork71
I could trade off of it. Looks pretty good. I believe ProRealTime updates at GMT, but don't quote me on it.
Thanks Chris, encouraging to hear this. So I assume that a 200 pip s/r area is a very common thing then...

By the way, I enjoyed your new newsletter, thanks for that too.
  • #7,495
  • Mar 8, 2010 3:53pm Mar 8, 2010 3:53pm
Quoting clockwork71
Random mumbling at the blog updated.
I like your latest post Chris, it reminded me of a conversation I was having with a friend recently, not so much in regards to CNBC, but to listening to other people in general.

He and I have the same taste in talking heads (zerohedge, denninger, lew rockwell), but he went on and on about how we, here in the US, are fundamentally, f___ked.

And while I couldn't agree with him more, as a trader that means nothing to me. If I thought we we're so doomed, what would I have done, shorted the market since March?

No, my job is to play the moves as they present themselves, either direction, any instrument I can afford. Supposedly what fund managers should be doing to earn their clients a return. But they're too busy selling their services to worry about trying to actually turn a profit. They're like used car salesmen with better suits.

Anyway's the point is, if it's my money I want to win or lose it fair and square, based off of my own analysis, and for my own reasons, because I'm the one taking the risk. Why anybody would make a financial decision based off the TV is beyond me and speaks volumes about the collective stupidity of those who wish to profit without work.

On the bright side it's nice to know there's so much dumb money lying around for the taking.
  • #7,496
  • Mar 8, 2010 4:18pm Mar 8, 2010 4:18pm
Quoting Low
I like your latest post Chris...
I liked it too. This is my favourite line: "Just relax, trade, and accept that it’s like the ocean…..wave after wave."

So far, I've learnt so much about myself by learning to trade, that I actually don't need to be profitable to justify the time I've spent doing it. In fact I'm not profitable economically at the moment, but if I actually learn to RELAX and DO (live, trade, whatever I do) I will have gained one of the most important things I can think of, way more important than money.

One of the strangest turns in my life has been to try to make money by approaching the financial markets, and find a better quality of life instead -without making any money.

Not that I would complain if at some point I did make money
  • #7,497
  • Mar 8, 2010 10:44pm Mar 8, 2010 10:44pm
Quoting sebafx
Thanks Chris, encouraging to hear this. So I assume that a 200 pip s/r area is a very common thing then...

By the way, I enjoyed your new newsletter, thanks for that too.
200 pip zones do happen, but they tend to be in less liquid pairs, like a NZD/JPY, NZD/CHF, etc.....
  • #7,498
  • Mar 8, 2010 10:45pm Mar 8, 2010 10:45pm
Quoting sebafx
I liked it too. This is my favourite line: "Just relax, trade, and accept that it’s like the ocean…..wave after wave."

So far, I've learnt so much about myself by learning to trade, that I actually don't need to be profitable to justify the time I've spent doing it. In fact I'm not profitable economically at the moment, but if I actually learn to RELAX and DO (live, trade, whatever I do) I will have gained one of the most important things I can think of, way more important than money.

One of the strangest turns in my life has been to try to...
Funny, because I quit smoking over 2 years ago, using the discipline I learned trading......

It is amazing how much trading helps you in the real world, mainly because you have to learn a lot about yourself in the process.
  • #7,499
  • Mar 9, 2010 1:19am Mar 9, 2010 1:19am
Quoting clockwork71
200 pip zones do happen, but they tend to be in less liquid pairs, like a NZD/JPY, NZD/CHF, etc.....
Oh I see. What would you say is the most common size / sizes I should ideally aim for? 100 pips?
  • #7,500
  • Mar 9, 2010 1:20am Mar 9, 2010 1:20am
Quoting clockwork71
Funny, because I quit smoking over 2 years ago, using the discipline I learned trading......
Weirdly, I can totally see that, makes perfect sense. Life is strange, in a good way sometimes.
46 traders viewing now