XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #17,503
- Edited 9:13pm Mar 12, 2012 8:46pm | Edited 9:13pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Always remember to set limits appx 10 pips higher than exact (cheapo) rate to ensure fill.
Sometimes brokers CHEAT
So be sure to check the chart in price only and see if the number was printed and you were not filled. This is only when you are positive they delayed you or some other bs.
There are many problems like this on MT4
And don't get your hopes up usually they will make an excuse and you lose anyway.
be sure to account for spread too. MT4 only shows bid unless you add the ask line.
The chart can appear to touch an entry but if the ask for example is not printed - no fill.
Is this LIVE or demo??? edit: demos hardly show scamming, and when you get requotes on gold on a demo it only gets worse live on mt4 from a Mkt Mkr.
In Gold think of it in dollars not pips.
Sometimes brokers CHEAT
So be sure to check the chart in price only and see if the number was printed and you were not filled. This is only when you are positive they delayed you or some other bs.
There are many problems like this on MT4
And don't get your hopes up usually they will make an excuse and you lose anyway.
be sure to account for spread too. MT4 only shows bid unless you add the ask line.
The chart can appear to touch an entry but if the ask for example is not printed - no fill.
Is this LIVE or demo??? edit: demos hardly show scamming, and when you get requotes on gold on a demo it only gets worse live on mt4 from a Mkt Mkr.
fc$#
missed my limit by a few ticks
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,504
- Mar 12, 2012 8:48pm Mar 12, 2012 8:48pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,505
- Mar 12, 2012 8:51pm Mar 12, 2012 8:51pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,506
- Mar 12, 2012 9:07pm Mar 12, 2012 9:07pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
You seem to be contradicting your own posts. Not sure what is going on here??
dont enter now
now time to draw all lines again
PA can test 1650-1660 as well
my buy still remains open looks like I need to wait another month :'(
looks like I should stick to my analysis.
1700 psycho level struggling
after looking at weekly candle i'm expecting 1730 test
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,507
- Mar 12, 2012 9:44pm Mar 12, 2012 9:44pm
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Always remember to set limits appx 10 pips higher than exact (cheapo) rate to ensure fill.
Sometimes brokers CHEAT
So be sure to check the chart in price only and see if the number was printed and you were not filled. This is only when you are positive they delayed you or some other bs.
There are many problems like this on MT4
And don't get your hopes up usually they will make an excuse and you lose anyway.
be sure to account for spread too. MT4 only shows bid unless you add the ask line.
The chart can appear to touch an entry but if...
Have I got something on my face, SOLDIER?
- #17,508
- Mar 12, 2012 10:10pm Mar 12, 2012 10:10pm
You seem to be contradicting your own posts. Not sure what is going on here??
1650-1660 I said when price was falling from 1785 and rebound from 1690
after that we saw 1663
And 1730 I said after 1 week
So still you think I'm contradicting myself
Edit I usually read this great thread on my phone and uses MT4 for android
this is why sometimes I'm not putting charts to support my reasoning
Soon I'll root my phone and then will post charts from phone as well
Before loling check time of posts
1650-1660 I said when price was falling from 1785 and rebound from 1690
after that we saw 1663
And 1730 I said after 1 week
So still you think I'm contradicting myself
Edit I usually read this great thread on my phone and uses MT4 for android
this is why sometimes I'm not putting charts to support my reasoning
Soon I'll root my phone and then will post charts from phone as well
- #17,512
- Mar 12, 2012 11:43pm Mar 12, 2012 11:43pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
NO AFFILIATION. But I really do have to say the execution entry and exit on FXCM TS. Is
A. Lightning Fast.
B. So much easier to day trade and manipulate charts.
C. Much more customizable and user friendly.
----------
More important
A1. NEVER had a requote
B1. No lag - I remember a huge News release day, I for the first time had some lag which was minimal and was able to pull 70 pips up and 100 down easily. Normal Market Makers will do their best to not let you make money on news. It's really pathetic actually.
C1. Minor errors or descrepancies are investigated, every broker makes mistakes sometimes, never had anything major.
D1. They have come a long way in becoming a reputable broker, a few years back I would have out them with fx.coom or fxxpro any regular bucket shop.
Just speaking from experience not promoting or advertising.
But the difference in trading is extremely noticeable. Thus, I will use them primarily for day or day to day trading, swing trades.
And the market taker for longer term trades cause it's harder for them to fvck you that way and gold/silver. Even though the law for US rezs' is no leverage on GOld and AG they still wont offer it
Good. Practice on the demo, but don't be afraid. Then once the analysis and reading is done go onto the live. If you get the urge to just open and close trades always (scalp) always start on demo and one more, try not to mix scalping with H1 H4 plus trading live, it will make you exit positions way too early due to the lower TF trading levels.
A. Lightning Fast.
B. So much easier to day trade and manipulate charts.
C. Much more customizable and user friendly.
----------
More important
A1. NEVER had a requote
B1. No lag - I remember a huge News release day, I for the first time had some lag which was minimal and was able to pull 70 pips up and 100 down easily. Normal Market Makers will do their best to not let you make money on news. It's really pathetic actually.
C1. Minor errors or descrepancies are investigated, every broker makes mistakes sometimes, never had anything major.
D1. They have come a long way in becoming a reputable broker, a few years back I would have out them with fx.coom or fxxpro any regular bucket shop.
Just speaking from experience not promoting or advertising.
But the difference in trading is extremely noticeable. Thus, I will use them primarily for day or day to day trading, swing trades.
And the market taker for longer term trades cause it's harder for them to fvck you that way and gold/silver. Even though the law for US rezs' is no leverage on GOld and AG they still wont offer it
trying live + demo on 2 accs. have definitely seen the difference. requotes on live . i know... also in volatile times... its nuts.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,515
- Mar 13, 2012 3:42am Mar 13, 2012 3:42am
XT
All you said about FXCM is true to me as well. Never missed an entry or tp/sl in high volatility or during news. Only once my tp was reached and not executed. I had to close manually. I called them and they had no problem refunding me the difference.
They claim that their system is fully automated with no dealing desk.
Charts packed with great options and there's a button to toggle between bid and ask views.
Likewise, not trying to promote, just sharing my experience
All you said about FXCM is true to me as well. Never missed an entry or tp/sl in high volatility or during news. Only once my tp was reached and not executed. I had to close manually. I called them and they had no problem refunding me the difference.
They claim that their system is fully automated with no dealing desk.
Charts packed with great options and there's a button to toggle between bid and ask views.
Likewise, not trying to promote, just sharing my experience
NO AFFILIATION. But I really do have to say the execution entry and exit on FXCM TS. Is
A. Lightning Fast.
B. So much easier to day trade and manipulate charts.
C. Much more customizable and user friendly.
----------
More important
A1. NEVER had a requote
B1. No lag - I remember a huge News release day, I for the first time had some lag which was minimal and was able to pull 70 pips up and 100 down easily. Normal Market Makers will do their best to not let you make money on news. It's really pathetic actually.
C1. Minor errors or descrepancies...
I'm D grader who is -1k
I am a E grader then, i gave away a cheque of $750 and the next day i walked away from the deal, it hurts
Its all good until we fall in F, keep fighting
- #17,519
- Mar 13, 2012 5:40am Mar 13, 2012 5:40am
bernakee speaks today ,what makes Gold, give it a big move?
last week?
steve
Lehman Sisters Wouldn't Have Failed