I Hate! I hate this, where is break out?
come on! break it!
come on! break it!
kiss the trend
- #3
- Jan 20, 2006 4:14pm Jan 20, 2006 4:14pm
I Hate! I hate this, where is break out?
come on! break it!
I'm sorry, I'm sorry! But this kind of "hate" makes me smile everytime!
Plenty of profits here with this "choppy market", I've reached the month target 1 week ago!
Please don't hate the market, it is full of opportunities!
Good luck!
I'm sorry, I'm sorry! But this kind of "hate" makes me smile everytime!
Plenty of profits here with this "choppy market", I've reached the month target 1 week ago!
Please don't hate the market, it is full of opportunities!
Good luck!
HI traders
yes you are right fx-trader777, trading choppy market is not an easy job ,because there are many more traps waiting to hunt the traders,but it's not impossible to trade the range even in the choppy market it depends on your broker strategy that he uses .
i'm one of the people out there who are frustrated and mixed up 'cause of brokers behaviour and policy that trying to tempt you till you get stumbled in the trap because of the brokers claims[ NO COMMISSIONS ,NO SLIPPAGE ,HIGH LEVERAGE COME AND TRADE WITH US ,IT'S GREAT COME GRAB THE CHANCE AND BLA BLA BLA .
and when you get involved with 'em ,you find yourself in an ongoing headache that never seems to end.
yes may be i do seem highly frustrated ,but things get complicated when you open a ccount and never be able to trade the way you like ,the way you believe in ,and comfortable with.
frankly ,i mean scalping as my trading style of choice ,yes BROKERS DO NOT ALLOW THAT PRACTICE (scalping) because they told me so directly and honestly while i was chatting with 'em.
you scalpers out there ,there is no way out of here .if your trying to use scalping in trading forex ,your gonna be down becasue brokers do not charge commissions.
always think through and you 'll find out that brokers are never gonna let you scalp freely because they want BIG bucks and big GUYS besides ,therfore they encourage only trend-follower traders.
i'm gonna show you an evidence and proof on what i 've discovered recently,do not get me wrong guys ,i dont know if i just feel this way but in the end brokers make me feel they are to blame.I'M sorry to say that but this is the truth ,yes it might be hurt but this is useful to know what you want from forex market.
here are few little chats i had with 'em
first below is a chat with FXCM
FXCM!6: Welcome to FXCM's Live Chat feature. So that I may better serve you, feel free to provide me with your name and email address. How can I help you?
you: Hi
you: my name is Nader
FXCM!6: hi
FXCM!6: hi Nader
FXCM!6: i am greg hicks
FXCM!6: [email protected]
you: and i want to know do you allow all trading styles
FXCM!6: yes
you: including scalping?
FXCM!6: yes
FXCM!6: http://www.propfx.com
you: ok your defination of scalping?
FXCM!6: you might be interested in our Prop FX platform
FXCM!6: you can review the website at the weblink abov
FXCM!6: e
you: ok i'm gonna check it out
you: but i want your defination of scalping
FXCM!6: To buy and sell (securities or commodities) in order to make small quick profits.
you: can i open a position now and close it in 5 minutes later?
FXCM!6: yes
you: ok why some brokers discourage scalping?
FXCM!6: sometimes scalpers are able to come in at off-market prices
FXCM!6: buying and selling for quick profits on off-market prices
FXCM!6: which if that is the case, we will put you on dealer intervention
FXCM!6: our prop fx platform is truly the platform for a scalper
FXCM!6: because you eliminate the dealing desk and trade directly with the banks
you: OK can i liqiudate a position instantly
FXCM!6: yes
you: i mean even NZD can be liquidated easily?
FXCM!6: yes
you: ok thank you very much for your great help . i;m gonna check the website you referd me to.goodbye
FXCM!6: have a good weekend
you: goodbye
THE SECOND ONE WITH INTERBANKFX.
Please wait for a site operator to respond.
You are now chatting with 'Client Services'
Client Services: Hello, how may I help you?
you: i got a demo account with interbankfx and i just want to ask you few quisttions.
Client Services: Go right ahead
you: is scalping allowed as atrading style ?
Client Services: No, we discourage scalping
you: why ?
Client Services: Banks as a whole do not like this practice
you: ok is it hard sometimes to liquidate a position?
Client Services: No it should be instant
you: but here are currencies like NZD is hard to liquidate
Client Services: No they can be traded as easily as other currency
you: ok can i trade overnight and get the transaction done?
Client Services: yes
you: ok thank you a for your precious time
Client Services: My pleasure, contact us anytime.
you: goodbye
.
HAPPY TRADING .
[forexer] the realistic one.
great gains without great risk is illusion you cant change it into something real.
yes you are right fx-trader777, trading choppy market is not an easy job ,because there are many more traps waiting to hunt the traders,but it's not impossible to trade the range even in the choppy market it depends on your broker strategy that he uses .
i'm one of the people out there who are frustrated and mixed up 'cause of brokers behaviour and policy that trying to tempt you till you get stumbled in the trap because of the brokers claims[ NO COMMISSIONS ,NO SLIPPAGE ,HIGH LEVERAGE COME AND TRADE WITH US ,IT'S GREAT COME GRAB THE CHANCE AND BLA BLA BLA .
and when you get involved with 'em ,you find yourself in an ongoing headache that never seems to end.
yes may be i do seem highly frustrated ,but things get complicated when you open a ccount and never be able to trade the way you like ,the way you believe in ,and comfortable with.
frankly ,i mean scalping as my trading style of choice ,yes BROKERS DO NOT ALLOW THAT PRACTICE (scalping) because they told me so directly and honestly while i was chatting with 'em.
you scalpers out there ,there is no way out of here .if your trying to use scalping in trading forex ,your gonna be down becasue brokers do not charge commissions.
always think through and you 'll find out that brokers are never gonna let you scalp freely because they want BIG bucks and big GUYS besides ,therfore they encourage only trend-follower traders.
i'm gonna show you an evidence and proof on what i 've discovered recently,do not get me wrong guys ,i dont know if i just feel this way but in the end brokers make me feel they are to blame.I'M sorry to say that but this is the truth ,yes it might be hurt but this is useful to know what you want from forex market.
here are few little chats i had with 'em
first below is a chat with FXCM
FXCM!6: Welcome to FXCM's Live Chat feature. So that I may better serve you, feel free to provide me with your name and email address. How can I help you?
you: Hi
you: my name is Nader
FXCM!6: hi
FXCM!6: hi Nader
FXCM!6: i am greg hicks
FXCM!6: [email protected]
you: and i want to know do you allow all trading styles
FXCM!6: yes
you: including scalping?
FXCM!6: yes
FXCM!6: http://www.propfx.com
you: ok your defination of scalping?
FXCM!6: you might be interested in our Prop FX platform
FXCM!6: you can review the website at the weblink abov
FXCM!6: e
you: ok i'm gonna check it out
you: but i want your defination of scalping
FXCM!6: To buy and sell (securities or commodities) in order to make small quick profits.
you: can i open a position now and close it in 5 minutes later?
FXCM!6: yes
you: ok why some brokers discourage scalping?
FXCM!6: sometimes scalpers are able to come in at off-market prices
FXCM!6: buying and selling for quick profits on off-market prices
FXCM!6: which if that is the case, we will put you on dealer intervention
FXCM!6: our prop fx platform is truly the platform for a scalper
FXCM!6: because you eliminate the dealing desk and trade directly with the banks
you: OK can i liqiudate a position instantly
FXCM!6: yes
you: i mean even NZD can be liquidated easily?
FXCM!6: yes
you: ok thank you very much for your great help . i;m gonna check the website you referd me to.goodbye
FXCM!6: have a good weekend
you: goodbye
THE SECOND ONE WITH INTERBANKFX.
Please wait for a site operator to respond.
You are now chatting with 'Client Services'
Client Services: Hello, how may I help you?
you: i got a demo account with interbankfx and i just want to ask you few quisttions.
Client Services: Go right ahead
you: is scalping allowed as atrading style ?
Client Services: No, we discourage scalping
you: why ?
Client Services: Banks as a whole do not like this practice
you: ok is it hard sometimes to liquidate a position?
Client Services: No it should be instant
you: but here are currencies like NZD is hard to liquidate
Client Services: No they can be traded as easily as other currency
you: ok can i trade overnight and get the transaction done?
Client Services: yes
you: ok thank you a for your precious time
Client Services: My pleasure, contact us anytime.
you: goodbye
.
HAPPY TRADING .
[forexer] the realistic one.
great gains without great risk is illusion you cant change it into something real.
I always knew that someday I would make it big
- #10
- Jan 21, 2006 5:46pm Jan 21, 2006 5:46pm
trading choppy market is not an easy job ,because there are many more traps
If a broker sucks... it's time to change!
Anyway to trade a ranging market you don't have to scalp!
Brokers don't like scalping when this means to open a big position and to close it after few seconds!
When a pair is into a range it's much predictable at least in the short term!
Why scalping? Book profits with small swings!
Hi everyone,
Croesus thanx for your comments,but i want to ask you why you consider what i stated lately in my previous message as "bullshits"???? anyway this is your opinion and i respect it despite i do not a gree on it.
i didnt mean that scalping is the only way to trade the range ,i meant that you have to be in controll when you need to . in other words you have to adapt and modify your trading techniques when the market get ranged and choppy.
to me scalping is one of those techniques along with breakout and channel strategies and the safest way to grab profits in case you trade in frantic market movements .
in my opinion ,i consider scalping is one of the techniques along with others you have to keep in your trading arsenal and put it into action in such market conditions when you find yourself hesitant and in doubt to get engaged in a non trending situations.
i do not prefer scalping as a consistant trading style,but you must have the right to choose the way to make money as long as you let the broker makes money .
but i see that brokers hate scalping because they think that scalpers trying to pick profits quickly out of their pockets.
what is the point if you are prevented from using your strategy even it was "scalping" ? there's no point in losing money when you lack the long experience and profissionalism that other tarders have.
for short there are some sort of imbalance in the process as a whole.
forexer.
Croesus thanx for your comments,but i want to ask you why you consider what i stated lately in my previous message as "bullshits"????
anyway this is your opinion and i respect it despite i do not a gree on it.i didnt mean that scalping is the only way to trade the range ,i meant that you have to be in controll when you need to . in other words you have to adapt and modify your trading techniques when the market get ranged and choppy.
to me scalping is one of those techniques along with breakout and channel strategies and the safest way to grab profits in case you trade in frantic market movements .
in my opinion ,i consider scalping is one of the techniques along with others you have to keep in your trading arsenal and put it into action in such market conditions when you find yourself hesitant and in doubt to get engaged in a non trending situations.
i do not prefer scalping as a consistant trading style,but you must have the right to choose the way to make money as long as you let the broker makes money .
but i see that brokers hate scalping because they think that scalpers trying to pick profits quickly out of their pockets.
what is the point if you are prevented from using your strategy even it was "scalping" ? there's no point in losing money when you lack the long experience and profissionalism that other tarders have.
for short there are some sort of imbalance in the process as a whole.
forexer.
I always knew that someday I would make it big
a qoute from me - #14
- Jan 22, 2006 1:48am Jan 22, 2006 1:48am
- Joined Aug 2005 | Status: steady and consistent | 977 Posts
HI traders
yes you are right fx-trader777, trading choppy market is not an easy job ,because there are many more traps waiting to hunt the traders,but it's not impossible to trade the range even in the choppy market it depends on your broker strategy that he uses .
i'm one of the people out there who are frustrated and mixed up 'cause of brokers behaviour and policy that trying to tempt you till you get stumbled in the trap because of the brokers claims[ NO COMMISSIONS ,NO SLIPPAGE ,HIGH LEVERAGE COME AND TRADE WITH US ,IT'S GREAT COME GRAB THE CHANCE AND BLA BLA BLA .
and when you get involved with 'em ,you find yourself in an ongoing headache that never seems to end.
yes may be i do seem highly frustrated ,but things get complicated when you open a ccount and never be able to trade the way you like ,the way you believe in ,and comfortable with.
frankly ,i mean scalping as my trading style of choice ,yes BROKERS DO NOT ALLOW THAT PRACTICE (scalping) because they told me so directly and honestly while i was chatting with 'em.
you scalpers out there ,there is no way out of here .if your trying to use scalping in trading forex ,your gonna be down becasue brokers do not charge commissions.
always think through and you 'll find out that brokers are never gonna let you scalp freely because they want BIG bucks and big GUYS besides ,therfore they encourage only trend-follower traders.
i'm gonna show you an evidence and proof on what i 've discovered recently,do not get me wrong guys ,i dont know if i just feel this way but in the end brokers make me feel they are to blame.I'M sorry to say that but this is the truth ,yes it might be hurt but this is useful to know what you want from forex market.
here are few little chats i had with 'em
first below is a chat with FXCM
FXCM!6: Welcome to FXCM's Live Chat feature. So that I may better serve you, feel free to provide me with your name and email address. How can I help you?
you: Hi
you: my name is Nader
FXCM!6: hi
FXCM!6: hi Nader
FXCM!6: i am greg hicks
FXCM!6: [email protected]
you: and i want to know do you allow all trading styles
FXCM!6: yes
you: including scalping?
FXCM!6: yes
FXCM!6: http://www.propfx.com
you: ok your defination of scalping?
FXCM!6: you might be interested in our Prop FX platform
FXCM!6: you can review the website at the weblink abov
FXCM!6: e
you: ok i'm gonna check it out
you: but i want your defination of scalping
FXCM!6: To buy and sell (securities or commodities) in order to make small quick profits.
you: can i open a position now and close it in 5 minutes later?
FXCM!6: yes
you: ok why some brokers discourage scalping?
FXCM!6: sometimes scalpers are able to come in at off-market prices
FXCM!6: buying and selling for quick profits on off-market prices
FXCM!6: which if that is the case, we will put you on dealer intervention
FXCM!6: our prop fx platform is truly the platform for a scalper
FXCM!6: because you eliminate the dealing desk and trade directly with the banks
you: OK can i liqiudate a position instantly
FXCM!6: yes
you: i mean even NZD can be liquidated easily?
FXCM!6: yes
you: ok thank you very much for your great help . i;m gonna check the website you referd me to.goodbye
FXCM!6: have a good weekend
you: goodbye
THE SECOND ONE WITH INTERBANKFX.
Please wait for a site operator to respond.
You are now chatting with 'Client Services'
Client Services: Hello, how may I help you?
you: i got a demo account with interbankfx and i just want to ask you few quisttions.
Client Services: Go right ahead
you: is scalping allowed as atrading style ?
Client Services: No, we discourage scalping
you: why ?
Client Services: Banks as a whole do not like this practice
you: ok is it hard sometimes to liquidate a position?
Client Services: No it should be instant
you: but here are currencies like NZD is hard to liquidate
Client Services: No they can be traded as easily as other currency
you: ok can i trade overnight and get the transaction done?
Client Services: yes
you: ok thank you a for your precious time
Client Services: My pleasure, contact us anytime.
you: goodbye
.
HAPPY TRADING .
[forexer] the realistic one.
great gains without great risk is illusion you cant change it into something real.
Now my trading style is to trade 1, 4hour, daily, weekly charts so I do not use scalp method, furhtermore I achieved more consistent gains using large time frames.
kiss the trend
- #15
- Jan 22, 2006 3:34am Jan 22, 2006 3:34am
Croesus thanx for your comments,but i want to ask you why you consider what i stated lately in my previous message as "bullshits"????
i didnt mean that scalping is the only way to trade the range ,i meant that you have to be in controll when you need to . in other words you have to adapt and modify your trading techniques when the market get ranged and choppy.
My "bullshits" was a friendly one!
I agree with this one post, this is the key, to adapt at every market conditions.
Indeed your previous post was a bit cynic!
Instead I want to underline again that there aren't only "long term trades" and "scalp trades". Scalping "fast & furious" it's bad for brokers if you do it non-stop... they are in trouble to cover a big position that last few seconds!
- #17
- Jan 22, 2006 10:33am Jan 22, 2006 10:33am
Hi ,
fx-trader777 thank you for your comments , FOREX.COM has a well-designed JAVA platform but the only glitch with it is that THE JAVA platform consumes alot of RAM in my PC system, yes i agree with you that longer term periods could generate more gains than other strategies but you have to wait for trend formation or if you trade the news it would be so helpful to get the big bite of the market. and i would stress again that it doesnt matter what your stratgy is ,what really matters is "how to use it at the right time"
to me ,i have a plan that i've been sticking to it and never break it whatever happens "when my signals dont match the signals on the chart there is no trade whatever happens". my only problem is adjusting the S/L points !!!
i was often stopped out in the past 'cause of that matter.
if there's anybody can recommend me about it ,i would highly appreciate it .
besides ,it would be great help to hear your opinions about this broker at the weblink below. their spread is so low EURO/USD is 1 pip only!!!!!!!!!
www.mbtrading.com
forexer.
fx-trader777 thank you for your comments , FOREX.COM has a well-designed JAVA platform but the only glitch with it is that THE JAVA platform consumes alot of RAM in my PC system, yes i agree with you that longer term periods could generate more gains than other strategies but you have to wait for trend formation or if you trade the news it would be so helpful to get the big bite of the market. and i would stress again that it doesnt matter what your stratgy is ,what really matters is "how to use it at the right time"
to me ,i have a plan that i've been sticking to it and never break it whatever happens "when my signals dont match the signals on the chart there is no trade whatever happens". my only problem is adjusting the S/L points !!!
i was often stopped out in the past 'cause of that matter.
if there's anybody can recommend me about it ,i would highly appreciate it .
besides ,it would be great help to hear your opinions about this broker at the weblink below. their spread is so low EURO/USD is 1 pip only!!!!!!!!!
www.mbtrading.com
forexer.
I always knew that someday I would make it big
Hi ,
fx-trader777 thank you for your comments , FOREX.COM has a well-designed JAVA platform but the only glitch with it is that THE JAVA platform consumes alot of RAM in my PC system, yes i agree with you that longer term periods could generate more gains than other strategies but you have to wait for trend formation or if you trade the news it would be so helpful to get the big bite of the market. and i would stress again that it doesnt matter what your stratgy is ,what really matters is "how to use it at the right time"
to me ,i have a plan that i've been sticking to it and never break it whatever happens "when my signals dont match the signals on the chart there is no trade whatever happens". my only problem is adjusting the S/L points !!!
i was often stopped out in the past 'cause of that matter.
if there's anybody can recommend me about it ,i would highly appreciate it .
besides ,it would be great help to hear your opinions about this broker at the weblink below. their spread is so low EURO/USD is 1 pip only!!!!!!!!!
www.mbtrading.com
forexer.
I talked to them in December and they said they were working on another platform that was a standalone. Will be downloaded as other platforms are. They said it should be ready in a few months. The guys told me they realized it needed to be changed to fit the format that others are using to make it simpler to use.
I have also been demoing MB Tradings platform. Spreads are lower but they charge a fee. Their platform looks confusing at first, but after you learn their platform it works well. It has a lot of bells and whistle that I don't use, but they are there. They are working on a VIDEO TUTORIAL on how to use their platform and place trades. Their orders are labled a little differently than other platforms.
- SAFE TRADING
MONEY DUCK