Oktoberfest Nightclub

So gold just finished one of strongest days ever in current history, along with silver. It just made whole Swiss referendum move put on shame. The only explanation i can find for this strong move is forward rates for contracts going deeply negative, which means shortages of physical are starting to show and market prepositioned here on such info. There is defenetly confirmation of increase of future contracts trough volume, but somehow considering how strong move was and how low volume was it just doesnt sum well together. There might be some serious physical buying going on, which is not yet displayed.

http://prntscr.com/5c6pfh

Expected move is up on bounce here, i am defenetly not interested in any longs up here as when tomorrow London kicks in i think we could see selling going on from manipulators, would be rather surprising not to see it.
http://prntscr.com/5c6r1n

GCAD down view:
http://prntscr.com/5c6s1s

GU down to target 5715, could still test H4 high before doing so.

EW on EU

daily TF

reminder


the channel seems to be important


break of channel to the upper side may be seen as bigger start of a ralley

Excellent stuff for ranging and waiting for the next breakout in the expectation of an overlapping monthly candle or by shaping a valuable december hammer.
Let's see what the market will give us.
FXcube

EURUSD, Daily, 2014 December 02

Jpys higher as expected.
UCAD up now i think and EU further down .UCAD target 1370. EU 2430 first. Dollar bounce came like i said yesterday.

Australian CB today talked down AUD ahead for future, as comodities are falling, they need weaker currency. Expecting further drop, starting with shorts today.
http://prntscr.com/5cdoml
Pending short 8482 (allowed DD 50 pips).

Just bought some USD/CAD moments ago at 1.1340 - it looks like a safe trade, if you can call any trade safe ...

I have Tped already +15. 1370 can still be reached.

Holding this on AU now:
http://prntscr.com/5cdxf9

Looking to get in EURNOK waiting for retracement. Missed again 300 pips rally on USDRUB argh...

Taken out AUD short +20. Pending from 8482 canceled.
Holding only USDHKD longs TP 2 pips (from yesterday), heavy position.

Nice, clean chart. I stay away from Aussie for now, it is hyper bearish and I want to wait to get long term long on this pair again, but will have to wait some time for that. USDRUB is a crazy pair. The spreads of this alone plus the volatility is only for big trading accounts.

I remain long USD/CAD at least for a test of 1.1383

Yeh spread is 8 pips for me on USDRUB and yes movements are very strong especially now after financial war started on rubble.
As for AU long term long i think you might wait for long time (waiting for long for long time ), i think there will be further dollar strenght coming, and as comodities could further drop, Aussie central bank could further lead towards weak AUD.

Yes, therefore I will wait for long a long time and just sell any rallies here. NZD/USD has also lost much as an appealing carry trade currency along with Aussie ...

#10'486

The target was fulfilled today.
Profit: +54 (+540.-$)

EURUSD, Long @ 1.2410 (1 Lot / 10-K-Account), Target @ 1.2500

EURUSD, H4, 2014 December 02

Wow, only 8pips in current market? Please bring me to your broker

I know IC Markets. Its one of best spread brokers. And overall aside of that i have nothing else to complain about it.

¿which spread have you got in EU for example?? Do you pay comisssions besides??

Yes comisions are 0.5 pip per position. EU spread is 0 most of time. GU is 1 pip, AU is 0.5-1 pip.

Gold, solid double bottom formed, upside on view:
http://prntscr.com/5cgmn0

EURUSD, Long @ 1.2395 (1 Lot / 10-K-Account)

Agreed. we should take a reverse.
But I intend to enter the market at 23800.
D.P.

#10'515

Hi janpec1000,

how about window dressing?

If you like to speak in high terms of this broker you should also be so fair and take some critical links into account
e.g.
http://www.earnforex.com/forex-brokers/ICMarkets

On the contrary there is, e.g.:

Leventis from Brussels (writing the review in France as onfamily visit). Trading account #2XXXXXXXX8
Saturday, May 18, 2013
Here is a a truth about IC markets after a number of calls that I made to them due to their inefficiencies they responded as follows:


1. In the beginning when I started with them and called several times for platform freezing issues (Thanks God I kept every possible means of proof for that write chat messages, screenshots and

video recordings etc.....They said platform doesn't freeze and that it is yourmy end and internet connection and at a moment they convinced me and I changed internet provider...;they also mentioned

to me to get VPS for an additional cost or a minimum trading volume.

2. when I continued with them and encounter problems I was always the one with fault, not to mention that as I was interested to have a MAM account Angus (the only responsable for this!!!
becareful!) told me it's fine tomigrate to them as I was in another broker before (who didn't had mt4 platform)....and when I was ready to board to their firm...Angus told me they need minimum 5

accounts and around 20000 usd.....hmmm!

3. after my complaints about freezes at the end they accused me that all is because I don't know how forex market works and CFDS (hmmmm!!!! this is my 3rd broker and only reason to affiliate tothem

was the mt4i platform).....As Angus said

....ok Angus so if I don't complain for issues I 'm a good client...and know about forex check yourself images in live thread and soon video and tell here at the crowd....that I invented also this

images........(jumpshare.com/b/3JA9uPQawgqrxWkjp9bK) inthese images you may see some truths that may arrive but are not mentioned anywhere the worse is when you see the mini terminal showing

another price thanthe current candle)....I incite traders to have camrecorder - lightscreen - skype recording for proofs like the one that I got and keep track of all chat and email messages from

them.....

3. After I became a real burden for them as always was sending proofs etc and calling for inefficiencies...videos do proove this (soon youtube)....and asked for a refund after their no feed (no

price feed-inactive platform for more than an hour)......Angus send to me an email saying that my continuation with them entails a risk for their business.....and so our agreement takes an end and

have time to close my positions that are in drawdown in seven days.......(hmmmm......I must speed up Angus lose or win time presses me).....and mentioned that I can't publish any email prior to

their consent.....(Hmmm what are you affraid of ?)....

CONCLUSION JUDGE .....and DECIDE......

-I 'm not working against this GUYS but that's what I experienced with them

I hope earnforex doesn't censure the truth and here as a court of internet democracy is only truth that has beeen stated and in any dought all possible means of evidences are available written,

audio, video, images

- very suspicious for me and as stated also from another member here in reviews of Ic markets all their 'PERFECT REviEWS' are 90 - 95% from australia have the same writting style and expression

(probably all these writting them went to the same school)....and if you see other reviews mostly outside Australia they are terribly different 'WORST POSSIBLE REVIEWS' they mention words like

freeze, no connection, during news problems, communication difficulties etc I agree with you guys and I embrace the internet democracy

I was with 2 other brokers the only time I had called them was only I send administrative papers to board on or when I did now something. but migrated as they were (1dealing desk, no MT4 platform)

On 2013-05-14.....(in brief mentioning an interruption of feed of ic markets platform for those who want to check...the story goes as Follows....)....

1) I wrote at first an email to Angus
(the only responsible for such cases the only!!!!! as I had tried to contact even someone else as I was upset for the incovenience....who told me sorry he can't doanything only Angus can do)

here is my email:
Hello Mr Angus,

after the disaster of server no feed of 09:53:28 gmt + 1 = 11:53:28 platform time ( ([09:53:28] *** Call to IC Markets, duration 05:36. ***) herewith the loss that I sustained without being able to

do anything as
mentioned and recorded on skype voice recording my prior to this event price as found in that times feed was 0.9961 (I had mentioned to you about 0.9961-0.9966 on the call) so actual price as

platform started working again (feed) is 0.9908 time 11:42 gmt + 1 so For the positions I had opened I want to get refunded for the total amount, as the moment I had no feed I was somehow obliged

to a passif drawdown (in other case I would revendicate refund) . Thank you for you reaction to this matter

With regards,

Leventis

Angus:replies and asks for positions that were affected and here is my email

I think I was very clear. I have mentioned since our call what was the price. There is a skype recording of our conversation 0.9960-0.9966
Trade ID:4530902,45838310, 4538396,4540431, 4540431, 4540465,4540580,4540848,4554375,4554463
Currency:AUDUSD all
Quantity:total 4.70 lots
Open time:2013/5/09 16:25,2013/05/09 17:24:18,
2013/05/09 17::26:00,2013/05/09 20:12:53,2013/05/09 20:15:07,2013/05/09, 20:22:26, 2013/05/09 21:03:39, 05:53:26, 2013/05/09 06:00:06
Close time: they were not closed bad baddly affected by drawdown since connection interruption until reconnection when check the time that you mention
12:53 the price was 0.9926 (but actually when the platform started functioning again to my end as a client the price was 0.9908)

I prompt you to refund accounts proportionally for this drawndowns with the pip loss of 0.9960 - 0.9926 or better price closer to the 0.9908 or even current price favorable for you compared to

0.9908

-----On the phone when I had called Not Angus but Jean Paul Du Toit had answered and I do have this recording mentioning to him that no action was possible and now the actual price is 0.9960 -

0.9966 AUDUSD....he confirms that we check things later and now they have to establish connection which takes more than an 1 hour -----------------------

then Angus comes with a solution to refund the drawdown during the no feed from icmarkets platform....!!!!!I say no feed ...;you trade with no feed (perhaps praying for market direction)
and mentions the list of position and a potential refund.
----------

then he comes again later and says...The positions were in drawdown before the no feed....anyway and ic markets wont refund me the 1100 +- usd something Angus had concluded...

for God sake you keep me with opened positions in inactivity and you Angus the professional comes to say that you are not responsible for the additional drawdown during YOUR NO FEED??where I my

accounts suffered from a passif drawdown due to no feed- Dead platform?????? YOUR PLATFORM INEFFICIENCY?....as you may know and if you don't know you may maintain positions in drawdown for a life

time as long as you hedge and release upon your judgement.-------------------------------------------

then he comes with an email saying that many of the problems...freeze of platform (which other clients also protested the same day......are due to..as he writes: ( Many of the problems that you

have brought to our attention have not actually been problems, rather you do not understand the MT4 platform and how forex and CFDs work )........

THANKS GOD I SAY THERE ARE REVIEWS SITES like EARN FOREX AND THE WHOLE DEMOCRACY of internet and social media......

In his emails he says that these emails are confidential and are protected by privacy laws and I should not post them here prior to their consent......

I dare you Mr. Angus we put here all of our emails concerning technical problems with your platform.....and show what the real services and face of ic markets looks like.....

I will put in the discussion forum images of spreads and....image of platform freeze....videos showing different price feed in mini terminal and different in price bar chart....NO ONE IS

BLIND....IMAGES DON'T VIDEOS DON'T LIE.....correct Angus?...If I 'm a liar are images lying too?

I DARE YOU REFUND THE DRAWDOWN DURING YOUR TECHNICAL PROBLEMS AND NO PRICE FEED( DEAD PLATFORM).......

Bottom Line

---- loss for mr Angus obviously is only the closed positions and not the disaster you may occur of passif drawdown (money loss) when IC MARKET PLATFORM FREEZES OR GOES OFFLINE FOR MORE THAN AN

HOUR----

the event occured on 2013-05-14 to mention that it was not the only time that had problems with freeze and other issues that day I was trading fine until 9:53 gmt + 1 time then suddenly no

connection with ic markets platform. Neither any feed from the MAM account. I relogged in and the same...no feed situation. I called immediately ic markets and got Mr Angus on the phone telling me

that they have a problem with the server ..;and it will be resolved soon...forex is not about charity everything going on with the broker must be put here trasparently....so just to mention that I

had 4.70 lots position and during this problem I 'm having a drawdown of 0.9960-0.9965 before the server no feed situation until the moment I 'm writing 40 pips drawdown ( price now 0.9920) in us

dollars = 4.70 lots x 10 usd/lot x 40 = 1880 usd loss and can't do anything one star is for the performance normally it should be -2 stars....Mr Angus said on the phone that we will discuss for

losses later after they fix the problem.....I invite him to give here an answer....



FXcube