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Stop Hunting

My personal thread http://www.forexfactory.com/showthre...=1#post5221591
Quoting Vlad.M
Sounds terrible. Please tell when your thread's up. Do you suggest most brokers do this or...?
All brokers are in the business for the money. Some are more fair then others. There are numerous threads discussing one or another brokers "honesty"
Quoting Uilen
So you are basically saying that metatrader exposes you to unfair broker? If not metatrader then which platform would you recommend traders use? What is the safest in these regards?

P.S. I'm sure it will be quite hard to find evidence that would prove this point 100%. We are not talking about bucket-shops here.
I can't point a finger to any other platform and mark it as "safest". I haven't used them all, so it will be unfair. What you can do is ask for the broker to be more transparent. Confront him with requests to show of his trading platforms backe-end, visit his office etc. ECN brokers shouldn't have a problem letting you in and showing your office. Only market makers will be paranoid with their twisted trading platforms.
Quoting Scalperforex
More videos are coming. Place your requests if you want anything particular.

A few requests-

1. How a broker does the requote to kill scalpers.
2. Evidence of injecting slippage against the client.
3. Freezing up the platform during news time.

Thanks for showing us a glimpse of what happens in vegas behind the screen...

Regards.
Thanks for the requests. Follow my thread and i will answer your questions with few upcoming videos.
Hy personal thread has moved to Commercial Forum without any explanation from FF. I will try to post new video each day.

Don't forget to inquire FF why they have moved my thread there. They haven't answered me - you might be luckier.
Quoting EcnJesus
Hy personal thread has moved to Commercial Forum without any explanation from FF. I will try to post new video each day.

Don't forget to inquire FF why they have moved my thread there. They haven't answered me - you might be luckier.
Hi ECNJesus,

I'm very impressed at your courage to stand on the retail trader's side.
For that, I'm sure you have garnered alot of respect from a lot of members here at forexfactory, and various other forums you have posted at.

After watching your videos on slippage (where slippages are artificially created), my question to you is, is there genuine slippage for a STP/ECN broker? (i.e. there is really no liquidity at that price to execute your order) Or should we expect there to be absolutely no slippage even in a STP/ECN broker?

Cheers
Forex brokers real time discount - visit Abundance trading group. com
Hi everyone, I'm new here, and have never traded live before. I've read this forum on and off for awhile, and even so, I still cannot decide which broker I should open an account with. Key points for me are that they must accept U.S. residents, and I'd strongly prefer a broker without a reputation for stop hunting (duh), but I don't know which broker is considered best for stop hunting concerns. I know Oanda is popular with Americans, but they are known for stop hunting. Plus they have lower leverage, so offshore might be better for me. I saw that other monster thread that has an updated list of brokers accepting U.S. clients, along with pip spreads, acct. min deposits, etc., but my big concern now is the stop hunting. So what should I do guys?
to look through the forum links is a really useful stuff!
very nice, good price..!
I have been, Jose, and there is still no clear answer as to which broker/MM has the best reputation regarding stop hunting. Should I avoid Oanda or just go with them in spite of evidence offered here that they are stop hunters? It seems they all do it, based on what I've read. I want to know if I'm mistaken in assuming that.
Quoting stockwet
Precisely. That was the candle in which the trade was stopped out. Ignore the subsequent candles since they came after the trade was over as a result of the stopout. It took me time to go to all the different accounts and take the screenshots. I'm aware that the price eventually climbed back up to that level, but, not until after the trade's TP was reached on the bottom end. Unfortunately, the errant price stopped the trade out before it hit the TP target.
Talking about TP, I had many TP levels reached, but not executed...only to get filled by a much worse level on a trailing stop....
Big Boys own the shop...and it´s not getting any better soon...
Quoting cuchuflito
{quote} Talking about TP, I had many TP levels reached, but not executed...only to get filled by a much worse level on a trailing stop.... Big Boys own the shop...and it´s not getting any better soon...

Nope, not getting any better soon, indeed - and it never will, 'cause the Big Sharks will always need
little fish to eat :-)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm30.png Size: 29 KB
95% of the people don't believe 100% they can win, that's why they lose
Awwww. I was kinda hoping for an update on what happened to that broker.
Quoting Ronald123
{quote} Nope, not getting any better soon, indeed - and it never will, 'cause the Big Sharks will always need little fish to eat :-) {image}
looks like a regular fomc news spike to me on my brokers feed
For those who still think that a) stop hunting is a myth b) it's only something brokers do (widen the spread, use slippage, etc.) c) it's just an excuse that bad traders use to not take responsibility for their trading: http://www.bloombergview.com/article...ou-can-t-teach

Just one little quote from the article: "The Citi FCA order has a good explanation of how that worked at paragraphs 4.11 to 4.13, 4.45 and 4.46. It ends:
This behaviour was reflected in language used by G10 spot FX traders at Citi in chat rooms. For example, a Citi trader referred in a chat room to the fact he “had to launch into the 50 offer to get me stop done”. On another occasion, a trader at Citi described in a chat room how he “went for a stop”."

By the way, this 'chat rooms manipulation' is only the tip of the iceberg I'm afraid... The big price spikes that come out of the blue (like the ones yesterday for the eurusd and gbpusd, when there wasn't even any news out at that moment) are not the actions of 'hysterical traders reacting to the news', or anything like that.

Just something to think about and try to use in your trading practice.

Cheers
95% of the people don't believe 100% they can win, that's why they lose
Quoting Ronald123
The big price spikes that come out of the blue (like the ones yesterday for the eurusd and gbpusd, when there wasn't even any news out at that moment) are not the actions of 'hysterical traders reacting to the news', or anything like that. Just something to think about and try to use in your trading practice. Cheers
Okay, the plunge of the eurusd a few days ago was not a reaction to the news (the Swiss National Bank didn't bother to put out a warning - sneaky dudes), but rather another dramatic example of how Big Money controls the Forex Market and actually the world:

"SNB scraps floor on EUR/CHF; The Swiss National Bank (SNB) this week surprised the market by abandoning its 1.20 floor on EUR/CHF..."
(http://www.fxstreet.com/analysis/strategy/2015/01/16/).
95% of the people don't believe 100% they can win, that's why they lose
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