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Technical Analysis Fallacy

  • #56,441
  • Edited 7:36am Nov 14, 2016 7:12am | Edited 7:36am
Quoting CookieMonsta
{quote} first time seeing a bright blue mic wonder if she likes this kind of bear, since she likes soft toys.
https://www.youtube.com/watch?v=0EEfjUGc1Io
eeeeeeer unidentified flying organism? or the YY bear?
racoon?

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  • #56,442
  • Nov 14, 2016 1:59pm Nov 14, 2016 1:59pm
http://www.upi.com/Top_News/World-Ne...1671479132022/
  • #56,443
  • Nov 14, 2016 2:04pm Nov 14, 2016 2:04pm
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  • #56,444
  • Nov 14, 2016 2:19pm Nov 14, 2016 2:19pm
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  • #56,445
  • Nov 14, 2016 7:44pm Nov 14, 2016 7:44pm
aiyo.. so sad. RIP.

rgds
Fall in love with the process, and the outcome takes care of itself.
  • #56,446
  • Nov 14, 2016 7:56pm Nov 14, 2016 7:56pm
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Fall in love with the process, and the outcome takes care of itself.
  • #56,447
  • Nov 14, 2016 8:59pm Nov 14, 2016 8:59pm
Quoting fti
{quote} eeeeeeer unidentified flying organism? or the YY bear? racoon? https://www.youtube.com/watch?v=QJwIsBoe3Lgregards
eh, the yy bear
  • #56,448
  • Nov 15, 2016 9:07am Nov 15, 2016 9:07am
Quoting CookieMonsta
{quote} eh, the yy bear
Attached Image
  • #56,449
  • Nov 15, 2016 7:14pm Nov 15, 2016 7:14pm
Quoting fti
{quote} {image}
XD
  • #56,450
  • Nov 15, 2016 7:41pm Nov 15, 2016 7:41pm
Quoting fti
https://www.youtube.com/watch?v=QKnmPUo3nE8 https://www.youtube.com/watch?v=nHJ1j_7-PiE https://www.youtube.com/watch?v=9zCdqMRFo7A
Good the Morning to you FTI

Chilli Chilly day today.

rgds


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Fall in love with the process, and the outcome takes care of itself.
  • #56,451
  • Nov 16, 2016 12:38am Nov 16, 2016 12:38am
Quoting CookieMonsta
{quote} These days it's not really that safe with landlines too, in SG they combining land lines to become digital, and phone lines and internet is together, if internet down, high chance landline is down too as all lines all go together in 1 connection box. example is, if your power is short circuits, your whole house down, even your landline as router is providing access to your internet and your landline. In bank is different case I guess, got control over what and how it's designed and built, for small consumers, even that may not be as safe....
Hello Colleagues,

I still feel myself obliged to continue the brokers related saga. The only reservation I take so far that I will refrain to disclose the brokers and respective market makers in public. I still negotiating and pushing them, although with not much trust but with hope that they would improve and commence behaving civilized not barbarian way.

1. Do not know the reason why my access to the FF site is repeatedly being blocked by Commodo Security somewhere in the middle way (not by my computer nor router). That is I am accessing via other IPs.
2. Brokering bank confirms the move on their orders execution policy due to their liquidity provider - market maker, a bit bigger European based bank being quite active in Forex. So, they would let the slippage come into effect but ensure there will no be delay in orders execution. Concerning the partial filling, as it is, they will go with it ahead.
3. Can you imagine, yesterday I put an immediate market Buy order, confirmed it pushing the Buy button indicating the same scout size and got executed at the size 20 times more than preset. I instantly called the bank and they still have no response how was it possible. Luckily I closed the position in 2 minutes at BE. Had I left for 15 minutes longer, I would have got 20X bigger Profit than expected. That's Irony but had I stayed with price gone in negative area for some 50 pips (which is normal for the pair traded), I would have got more than 10% drawdown.
Platform log indicates only activities related to 20X size. Although the preset size and right after the deal is the same - X.
At the moment, I do not see any possibilities how to protect against such platform mulfunctioning. Even if you make screen short of Buy X, confirmed Buy X but in reality there will be some 20X or 100X as executed on platform logs...

After 8 years in forex I am still discovering the Market Structure due to such BS (sorry it might be a correct name).

By the way, once was trading live with a reputable Western European bank and being a newbee (in 2010) I got a call from the bank and they were recommending me to try trading positions 0.5 M (it would make me more confident and successful...) while having only 2.5K account equity... I thought how fast they needed all my money and immediately closed the account then.

I am so sorry for the above negative experiece sharing with you. It is not to complain but to emphasize underwater currents may occur whether you are a newbee or already experienced and profitable trader.

Enjoy your Forex trading everyone!

Best regards, Exnav
Not to Advance is to Fall Back
  • #56,452
  • Nov 16, 2016 1:15am Nov 16, 2016 1:15am
Quoting Exnav
{quote} Hello Colleagues, I still feel myself obliged to continue the brokers related saga. The only reservation I take so far that I will refrain to disclose the brokers and respective market makers in public. I still negotiating and pushing them, although with not much trust but with hope that they would improve and commence behaving civilized not barbarian way. 1. Do not know the reason why my access to the FF site is repeatedly being blocked by Commodo Security somewhere in the middle way (not by my computer nor router). That is I am accessing...
Hi Friend,

It is absolutely disgusting of them to do that, could you share that particular smelly thing with me as well, so I would know who to avoid.
I hope they give you a detail, sound and logical explanation for what have happened, otherwise, personally, I am not getting any good vibes from there. It is like signing a blank check, there should be logs for it, in the platform. But for that to happen is just down right wrong.
Are they going to reimburse you for their mistake should things go sour? WOW, I can't believe that happened. Must have been a great shock !

By the way, my I ask how did you execute the trade? By that "one click trading thing" or by pressing F9 to open the window? I usually open the window with F9, and I can quickly eye ball the 'tick' and lot size as well. but if upon clicking the lot size changed, oh boy. that is outright red card!

Regards
Fall in love with the process, and the outcome takes care of itself.
  • #56,453
  • Nov 16, 2016 1:58am Nov 16, 2016 1:58am
Quoting Exnav
{quote} Hello Colleagues, I still feel myself obliged to continue the brokers related saga. The only reservation I take so far that I will refrain to disclose the brokers and respective market makers in public. I still negotiating and pushing them, although with not much trust but with hope that they would improve and commence behaving civilized not barbarian way. 1. Do not know the reason why my access to the FF site is repeatedly being blocked by Commodo Security somewhere in the middle way (not by my computer nor router). That is I am accessing...
hi, exnav, from what it seems, they are broker rather than market maker.

if the size issue, persist, i suggest you change broker, also, it seems their spreads are not as competitive as some market maker firms, and factoring in the slippage issue, it really makes it disadvantageous to trade with them
  • #56,454
  • Edited 4:06am Nov 16, 2016 2:36am | Edited 4:06am
Quoting CookieMonsta
{quote} hi, exnav, from what it seems, they are broker rather than market maker. if the size issue, persist, i suggest you change broker, also, it seems their spreads are not as competitive as some market maker firms, and factoring in the slippage issue, it really makes it disadvantageous to trade with them
Hello Cookie Monsta and Ray,

Thank you very much for your feedback. Ray, you will see about the bank platform as I supplied you with. I found it very dangerous anyway. I did also ask the bank - how to avoid such a size issue technically (whatever they justify) on their platform. Yet waiting a sound response.

Cookie, I much appreciate your friendly advice. I do agree with you. The problem is that I would put my bulk funds to trade with a bank having licence, regulated and presented in my country or with close neighbours in the region I reside and there is no much choice unfortunately.

Otherwise, I am trading smaller sizes with a UK regulated forex broker. Had an execution issue recently but they responded very correctly.

Enjoy your trading!

Best regards, Exnav

P.S. It is getting extremely difficult to access FF site...

Edit: Just received a call from the bank and they are apologizing for the problem occured, it was a technical flaw that may happen very rarely. If I had losses, they would compensate. Regretfully, no manual how to prevent from the same incident right at hand. Possibly, will provide something tangible the next week.
Not to Advance is to Fall Back
  • #56,455
  • Edited 1:11pm Nov 16, 2016 9:19am | Edited 1:11pm

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  • #56,456
  • Nov 16, 2016 8:11pm Nov 16, 2016 8:11pm
Quoting Exnav
{quote} Hello Cookie Monsta and Ray, Thank you very much for your feedback. Ray, you will see about the bank platform as I supplied you with. I found it very dangerous anyway. I did also ask the bank - how to avoid such a size issue technically (whatever they justify) on their platform. Yet waiting a sound response. Cookie, I much appreciate your friendly advice. I do agree with you. The problem is that I would put my bulk funds to trade with a bank having licence, regulated and presented in my country or with close neighbours in the region I reside...
  • #56,457
  • Nov 18, 2016 6:44am Nov 18, 2016 6:44am
HAHAHAHAhahahahahah
Cookie, your favorite garfield gf eat banana on web. HAHAHAHAHAHAhahahahaha

eeeeeer you only 2 sword warrior but she 5 swords swordwoman hor. eeeer in computer games.
aiya Whole day on computer play games, eat one banana for dinner is enough?
hahahahahaha tree quarters banana to be exact. Stopped because everyone laughing at her.
Then sing, you like a 狼???? ladies and gentleman
hahahahaha

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regards
  • #56,458
  • Nov 18, 2016 7:53am Nov 18, 2016 7:53am
Quoting fti
HAHAHAHAhahahahahah Cookie, your favorite garfield gf eat banana on web. HAHAHAHAHAHAhahahahaha eeeeeer you only 2 sword warrior but she 5 swords swordwoman hor. eeeer in computer games. aiya Whole day on computer play games, eat one banana for dinner is enough? hahahahahaha tree quarters banana to be exact. Stopped because everyone laughing at her. Then sing, you like a 狼???? ladies and gentleman hahahahaha https://www.youtube.com/watch?v=62D944QOlcU regards


her garfield chair is gone, wah, but her room feels very french style.

wah, boths hands both legs and add a mouth for using the sword?
  • #56,459
  • Nov 18, 2016 2:04pm Nov 18, 2016 2:04pm
Quoting CookieMonsta
{quote} her garfield chair is gone, wah, but her room feels very french style. wah, boths hands both legs and add a mouth for using the sword?
she growing up probably, got rid all her soft toys.Have nice signing off song also.{hugs} Her singing, and her happiness when singing, money cannot buy. Wish her constant happiness. Forever Young and Happy.regards
  • #56,460
  • Edited 8:00pm Nov 18, 2016 7:48pm | Edited 8:00pm
Quoting fti
{quote} she growing up probably, got rid all her soft toys.Have nice signing off song also.{hugs} Her singing, and her happiness when singing, money cannot buy. Wish her constant happiness. Forever Young and Happy.regards
ah,but the garfield chair make her look more fun
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