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FXCM Discussion

  • #4,181
  • Jan 21, 2014 2:59pm Jan 21, 2014 2:59pm
FXCM Speculative Sentiment Index

Contrarian Indicator


taking trades against the masses.
  • #4,182
  • Jan 21, 2014 3:21pm Jan 21, 2014 3:21pm
Quoting ForexOracle
First Jason Rogers is not a saint.
I said the patience of a saint when dealing with incompetent traders not that he is a saint
  • #4,183
  • Edited 3:48pm Jan 21, 2014 3:32pm | Edited 3:48pm
Quoting allisonmagic
{quote} you obviously don't understand what i'm saying. just shut your mouth and move on
Hey Bro, Let me try to diagnose your problem. You say immediately you buy, prices start to fall and immediately you sell, prices starts to rise and that you always end up with loosing positions. How long have you been trading if I may ask pls? 9 years ago I too use to think like you but I took time to learn how to trade and trade well and I currently manage an fxcm account for a client with over a million$ in it. Fxcm doesnt give a hoot about your hundreds or lil thousands, that I can tell you. I know how painful it was back then to loose money and in my frustration the first "thief in the night" that come to my mind is the broker.

Start learning to trade medium to long term using higher time frames 4hrs upwards. Have a plan with certain criteria for entering and exiting a position. stop doing random scalping.
  • #4,184
  • Jan 21, 2014 3:35pm Jan 21, 2014 3:35pm
Quoting Makavell
{quote} Hey Bro, Let me try to diagnose your problem. You say immediately you buy prices start to fall and immediately you sell prices starts to rise and that you always end up with loosing positions. How long have you been trading if I may ask pls? 9 years ago I too use to think like you but I took time to learn how to trade and trade well and I currently manage an fxcm account for a client with over a million$ in it. Fxcm doesnt give a hoot about your hundreds or lil thousands that I can tell you. I know how painful it was back then to loose money...
  • #4,185
  • Edited 3:51pm Jan 21, 2014 3:39pm | Edited 3:51pm
Quoting card
Wow! 5% is really good. Is this available for "active traders"? Is there an upper limit on account balance, to get 5% a year in interest?
Hi Card,

Active Trader accounts with FXCM Markets can earn interest on non-invested margin up to $50,000. As mentioned, by Fx-trader777, while there is no upper limit on the account balance, the 5% interest will only apply to the first 50k.

Also, as mentioned by Zzmbrm, residents of countries where FXCM is regulated must open their trading account with their locally-regulated FXCM entity. For example, residents of the US, the UK and Australia must open their FXCM accounts with FXCM US, FXCM UK and FXCM Australia respectively.

If you'd like me to arrange for one of our Active Trader account specialists to follow up with you to discuss your options, you can send me a private message with your contact details.

Jason
  • #4,186
  • Jan 21, 2014 3:44pm Jan 21, 2014 3:44pm
Quoting allisonmagic
any of you who think brokers don't stop hunt, and take the other side of your trade. you are even more ignorant than i am. Jason Rogers, I don't care what you say man. i've been a loyal customer with you guys for years. I see the way fxcm manipulates orders by spiking spreads to kick me into trades early and stop hunt my trades. FXCM is a contrarian Broker, they go against what their customers are trading. Dailyfx is apart of your company and they blatantly admit that they work this way. you guys take the other side of your customers trades every...
I have had stops with FXCM that price has come to 1/10 of a pip and never triggered the stop. Meaning, if they were truly stop hunting they would have cleaned it up too. The fact of the matter is that price just did not reach it. That's not to say I don't get stopped, but this is just behavior I have witnessed, and it is expected. Aside from everything else you have stated, you have no evidence for it. If you do, please feel free to present it. Rantings of an emotionally compromised individual, however, is not evidence.

Occam's Razor bud. What do you think is more profitable for the broker?
1) The broker is indeed trading against you and is really interested in your Micro Account. You lose every single time because of stop hunting and shady practices. If you are smart, you withdraw your money and go to another broker who is honest and wholesome...
2) The broker collects money from the spread of your orders. It is beneficial to them for you to be profitable. The more you profit, the more you trade, the more they make on the spread. The broker is delivering price based on market feeds and when proper money management is applied, you get stopped out sometimes, and other times you don't. Mainly because, the market is a fickle beast, and no one knows what it will do, but when proper money management is applied, we can come out on top - over time.

Personally, my experience with all the brokers I have been with, has been #2.
  • #4,187
  • Jan 21, 2014 4:20pm Jan 21, 2014 4:20pm
Quoting Makavell
{quote} Hey Bro, Let me try to diagnose your problem. You say immediately you buy, prices start to fall and immediately you sell, prices starts to rise and that you always end up with loosing positions. How long have you been trading if I may ask pls? 9 years ago I too use to think like you but I took time to learn how to trade and trade well and I currently manage an fxcm account for a client with over a million$ in it. Fxcm doesnt give a hoot about your hundreds or lil thousands, that I can tell you. I know how painful it was back then to loose...

yeah you still don't understand what i'm saying .. obviously..


sure they might not give a shit about my little 1k account, however.. add up about 5 or even 10k people trading around the same account sizes i am.. and now imagine everyone going the same way, which is what their SSI reads.. now it gets a bit more significant. You can sit there and talk about how you make millions of dollars every year, but until you can prove it, your full of shit too.


i do trade the 4h and daily TF's. my point is, opening a position you know is long or short, and just to have it instantly reverse on you isn't because my system is garbage, but because of some other reason and the only way i see it is in their Speculative Sentiment Indicator. It's a contrarian trading system they use, and when you add up all the accounts going the same way, it makes for huge amounts of $'s.


you can tell me i'm stupid or i don't know what i'm saying and you make millions and the brokers are your best friends.. well you sound like a broker to me. trading someone else's money, you sound like a money grubbing hedge fund taking profit no matter if the customer loses or wins. that's exactly what you sound like to me. Which now makes sense why you are defending brokers.
  • #4,188
  • Jan 21, 2014 4:25pm Jan 21, 2014 4:25pm
Quoting PoundTrader
{quote}

yeah you are doing very well with your negative account balance. let's all give you a round of applause for being smarter than everyone else


  • #4,189
  • Jan 21, 2014 4:36pm Jan 21, 2014 4:36pm
Quoting allisonmagic
{quote} yeah you still don't understand what i'm saying .. obviously.. sure they might not give a shit about my little 1k account, however.. add up about 5 or even 10k people trading around the same account sizes i am.. and now imagine everyone going the same way, which is what their SSI reads.. now it gets a bit more significant. You can sit there and talk about how you make millions of dollars every year, but until you can prove it, your full of shit too. i do trade the 4h and daily TF's. my point is, opening a position you know is long or short,...

Dude, we are all trading the same market, all of our charts regardless of broker are the SAME.

What your confusing is how easy your method works in history, but live it might not be tradeable ofcourse, fake tops and the like, sorry but it's all YOUR fault, 100% hey we've all been there.

Give up on H4 and Daily, M1 is where it's at, M5 at the slowest!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #4,190
  • Jan 21, 2014 4:40pm Jan 21, 2014 4:40pm
i don't much care what any of you are saying at this point. i'm done. have a nice life in this crap forum
  • #4,191
  • Jan 21, 2014 4:45pm Jan 21, 2014 4:45pm
Quoting allisonmagic
{quote} yeah you are doing very well with your negative account balance. let's all give you a round of applause for being smarter than everyone else
yours is a real account
  • #4,192
  • Jan 21, 2014 4:45pm Jan 21, 2014 4:45pm
Quoting allisonmagic
i don't much care what any of you are saying at this point. i'm done. have a nice life in this crap forum

Because, your right the entire FX market, is just after YOUR personal money and turns the market against you!! LOL



Think, is above rational ??
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #4,193
  • Jan 21, 2014 4:47pm Jan 21, 2014 4:47pm
Quoting Turveyd
{quote} Because, your right the entire FX market, is just after YOUR personal money and turns the market against you!! LOL Think, is above rational ??
he's not worth it he has no clue about trading, he thought it was gonna be easy he has to learn the hard way
  • #4,194
  • Jan 21, 2014 4:49pm Jan 21, 2014 4:49pm
Quoting allisonmagic
FXCM is a contrarian Broker, they go against what their customers are trading. Dailyfx is apart of your company and they blatantly admit that they work this way. you guys take the other side of your customers trades every day.
You are trading on our NDD forex execution which means we don't take the market risk on the other size of your trades. Instead, we immediately offset that risk with one of our 10+ liquidity providers, whichever one is quoting the best price for you at the time in question. We make our money off your trading volume, not your losses.

Quoting allisonmagic
FXCM Speculative Sentiment Index Contrarian Indicator taking trades against the masses.
DailyFX is our news and research arm, not an investment company. That means they don't place trades themselves. Instead their analysis of our Speculative Sentiment Index (SSI) is made freely available to you and all of our clients. Therefore, if you feel the price is likely to move against the majority, you have the information you need to place your own contrarian trade.
  • #4,195
  • Jan 21, 2014 4:53pm Jan 21, 2014 4:53pm
has this person provided any evidence of what there talking about, if not then ban this person from posting in this thread, any num nut can come on here and bash a broker if that's the case
  • #4,196
  • Jan 21, 2014 5:22pm Jan 21, 2014 5:22pm
Quoting PoundTrader
has this person provided any evidence of what there talking about, if not then ban this person from posting in this thread, any num nut can come on here and bash a broker if that's the case

The OP hasn't posted since 2006, only made 52 posts so kinda doubt he's around to ban anyone LOL

We've all felt that way though, basically your trading when it looks nice which is the exact wrong time to trade, trade when you think you've got no chance and you'll be amazed how your trades work out nicely. The setup the Nice trades then take your money, your fault for falling for it.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #4,197
  • Jan 21, 2014 5:33pm Jan 21, 2014 5:33pm
Quoting Turveyd
{quote} The OP hasn't posted since 2006, only made 52 posts so kinda doubt he's around to ban anyone LOL We've all felt that way though, basically your trading when it looks nice which is the exact wrong time to trade, trade when you think you've got no chance and you'll be amazed how your trades work out nicely. The setup the Nice trades then take your money, your fault for falling for it.
gee I thought the OP was fxcm
  • #4,198
  • Jan 22, 2014 9:14am Jan 22, 2014 9:14am
FXCM Frozen?
  • #4,199
  • Jan 22, 2014 9:17am Jan 22, 2014 9:17am
Quoting pbylina
FXCM Frozen?
Yup same here..
GBP/USD
  • #4,200
  • Jan 22, 2014 9:17am Jan 22, 2014 9:17am
yes - i thought i lost internet connection but the platforms with other brokers are working - so fxcm definitely frozen
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