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Trade what you see NOT what you expect

  • #33,241
  • Mar 24, 2010 5:19am Mar 24, 2010 5:19am
Quoting Gladis Night
wow that is bad
yeah no doubt. I have been with them for several years and have no problems really, but MAN the last 30 days their service is just HORRIBLE!
If i put an SL, it's NEVER hitting exaclty, they are taking an extra .5 pip. So if i put my SL at BE....it becomes -.5 pips not 0. If i put my SL at +.5 pips it's 0.

my TP's are ALWAYS exact though that NEVER slips...those bastards
  • #33,242
  • Mar 24, 2010 5:27am Mar 24, 2010 5:27am
Quoting Chicopips
Someone with more scruples would have bought a new copy from the author, someone with less would download them off the internet.

There, that all make sense now?

Ive read most of his candlestick book, has some useful info, are the videos worth the time? If so, I guess I should lower my scruples and find them !
Hi everyone,

I don't think you need the Steve Nison books to learn the candlestick pattern. Steve Nison is indeed the "guru" of the candlestick charting technique but you can find everything you need in the net for free and legal.
  • #33,243
  • Mar 24, 2010 5:33am Mar 24, 2010 5:33am
Quoting MCFly
Hi everyone,

I don't think you need the Steve Nison books to learn the candlestick pattern. Steve Nison is indeed the "guru" of the candlestick charting technique but you can find everything you need in the net for free and legal.
That is a great book for sure!
  • #33,244
  • Mar 24, 2010 5:55am Mar 24, 2010 5:55am
Quoting dakrusha
yeah no doubt. I have been with them for several years and have no problems really, but MAN the last 30 days their service is just HORRIBLE!
If i put an SL, it's NEVER hitting exaclty, they are taking an extra .5 pip. So if i put my SL at BE....it becomes -.5 pips not 0. If i put my SL at +.5 pips it's 0.

my TP's are ALWAYS exact though that NEVER slips...those bastards

i'm gonna go nuts!!! i had to close a trade 3 TIMES for it to close. FXCM kept saying "market conditions...blah blah blah...could not execute"

F(*K HOLES!!!!
  • #33,245
  • Mar 24, 2010 5:57am Mar 24, 2010 5:57am
Quoting dakrusha
i'm gonna go nuts!!! i had to close a trade 3 TIMES for it to close. FXCM kept saying "market conditions...blah blah blah...could not execute"

F(*K HOLES!!!!
sounds like you got problems. Is FXCM your only account? If I get probs with one I switch to alternative for a while
" When the ship starts to sink, don't just pray. JUMP "
  • #33,246
  • Mar 24, 2010 6:01am Mar 24, 2010 6:01am
Quoting Gladis Night
sounds like you got problems. Is FXCM your only account? If I get probs with one I switch to alternative for a while
they are my only broker right now. I had another but they play with their rates and had a bad delay, i tried another but their platform SUCKED! their system rocked but it was really hard to use. very reliable though.

I was planning on finding another good broker this year after i am doing this full time for this exact reason
  • #33,247
  • Mar 24, 2010 6:06am Mar 24, 2010 6:06am
Quoting dakrusha
they are my only broker right now. I had another but they play with their rates and had a bad delay, i tried another but their platform SUCKED! their system rocked but it was really hard to use. very reliable though.

I was planning on finding another good broker this year after i am doing this full time for this exact reason
thats a b*mmer, I couldn't work with just one account
" When the ship starts to sink, don't just pray. JUMP "
  • #33,248
  • Mar 24, 2010 6:07am Mar 24, 2010 6:07am
Quoting Gladis Night
thats a b*mmer, I couldn't work with just one account
yeah well SOME of us don't have millions to play with ;P
  • #33,249
  • Mar 24, 2010 6:08am Mar 24, 2010 6:08am
120 pips for the night...i'm freakin tired! c ya'll later. have a great MAE!!
  • #33,250
  • Mar 24, 2010 6:10am Mar 24, 2010 6:10am
Quoting dakrusha
yeah well SOME of us don't have millions to play with ;P
LMFAO. SSSSSH the tax man may be watching
" When the ship starts to sink, don't just pray. JUMP "
  • #33,251
  • Mar 24, 2010 6:10am Mar 24, 2010 6:10am
Sweet dreams cya tommorrow
" When the ship starts to sink, don't just pray. JUMP "
  • #33,252
  • Mar 24, 2010 6:11am Mar 24, 2010 6:11am
Quoting Gladis Night
Sweet dreams cya tommorrow

you too!
  • #33,253
  • Edited 7:30am Mar 24, 2010 6:24am | Edited 7:30am
Quoting Chicopips
Someone with more scruples would have bought a new copy from the author, someone with less would download them off the internet.

There, that all make sense now?

Ive read most of his candlestick book, has some useful info, are the videos worth the time? If so, I guess I should lower my scruples and find them !

Spot on Sir/Madam!

I have only watched the first video and am a few pages into the book that i have.

The videos are great as he discusses them with his attendees and they do ask questions that you would ask yourself.

If you can get hold of a copy then its definately worth watching in my opinion. I dont know if they get more advanced as he moves on, but for lesser experienced (or no experience) (me) then its really worth watching.

Though ... be warned... his jokes are terrible and he loves Japanese proverbs that sadly, takes him three or four attempts to get out! That said, his job is to teach candles.... I can live with bad jokes for that!

Lee

**EDIT**

The videos are great!!

Just watch a full 15minutes on Engulfing patterns..... awesome! (no sarcasm intended)
  • #33,254
  • Mar 24, 2010 6:34am Mar 24, 2010 6:34am
HI Chicopips

Here is the website you can download a few stive nison's books,for free.

without been scrupluse,

http://www.forex-book.org/profiting-...free-download/
  • #33,255
  • Mar 24, 2010 6:48am Mar 24, 2010 6:48am
GU - I have 4946 as the area to watch - edge of 35/50 crossover range - and we've just arrived.
  • #33,256
  • Mar 24, 2010 7:24am Mar 24, 2010 7:24am
Lee are you looking for the indi that looks like this?
Attached Image (click to enlarge)
Click to Enlarge Name: support indi.png Size: 39 KB
Attached File(s)
File Type: mq4 Support and Resistance (Barry).mq4   2 KB | 334 downloads
  • #33,257
  • Mar 24, 2010 7:38am Mar 24, 2010 7:38am
Quoting Monty13
HI Chicopips

Here is the website you can download a few stive nison's books,for free.

without been scrupluse,

http://www.forex-book.org/profiting-...free-download/
there seems to be a password needed to open it. do you have the password?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #33,258
  • Mar 24, 2010 8:23am Mar 24, 2010 8:23am
guys... i took short on usdjpy @91.47... not looking too good now. i had daily 200MA @91.55 ... so i took an aggressive trade. Any advice on it?

my TP was 91.00 and SL is 92.00
I don't want a job, i want money!
  • #33,259
  • Mar 24, 2010 8:39am Mar 24, 2010 8:39am
Hello Dario,

Taking a sell with every other time frame looking extremely bullish is pretty risky, so it may well get stopped out. Perhaps if you look to that in the future you might look at some of the lower time frames and wait until it looks like it may turn around. There is nothing wrong with an aggressive entry, but taking trades solely from the daily requires a pretty large stop loss.
  • #33,260
  • Mar 24, 2010 8:56am Mar 24, 2010 8:56am
Quoting gilly
Lee are you looking for the indi that looks like this?
Thanks Gilly.

That was exactly what I was looking for. So, thanks for posting it. Someone has already emailed me the files.

Thank you again!

Lee
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