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  • #9,621
  • Jun 4, 2014 5:24am Jun 4, 2014 5:24am
Quoting Uglybug
This is so frustrating. It needs to get through 1247 and stay up!!
I think everyone is knocking their fingers waiting for the breakout.
Gagz
  • #9,622
  • Jun 4, 2014 5:32am Jun 4, 2014 5:32am
hit the pink
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A genius is born every minute, me I am lucky if my socks match.
  • #9,623
  • Jun 4, 2014 6:52am Jun 4, 2014 6:52am
I am on sell today 1246
and waiting for 300 pip,we will see it this afternoon
  • #9,624
  • Jun 4, 2014 7:18am Jun 4, 2014 7:18am
Quoting Arshamv
I am on sell today 1246 and waiting for 300 pip,we will see it this afternoon
ADP Non-Farm Employment Change disappointing, i think this is the lowest price were going to see in a while,
something is smelling fishy in the US economy and its not blame on the weather.
  • #9,625
  • Jun 4, 2014 7:37am Jun 4, 2014 7:37am
If a broker has a spike like this, are they expected to refund you... why would this price spike occur, should one be weary of the brokerage.. they may be polite to me, but maybe they were manipulating the price for several traders with large longs and no psl

Vantage had a spike of about 7000 pips
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  • #9,626
  • Jun 4, 2014 7:43am Jun 4, 2014 7:43am
If a broker has such spikes I'd personally never want to trade with them anymore BUT they should reopen your positions at the time before that spike or return your capital, most definetly. This is pure stop loss hunting model or maybe a honest error in servers, either way you should get your money back!
  • #9,627
  • Jun 4, 2014 7:48am Jun 4, 2014 7:48am
Quoting Verve
If a broker has a spike like this, are they expected to refund you... why would this price spike occur, should one be weary of the brokerage.. they may be polite to me, but maybe they were manipulating the price for several traders with large longs and no psl Vantage had a spike of about 7000 pips {image}
their error, contact them and ask them to give back ur money if u lost, if u gained something they are going to take that money from ur equity later.

can you pls say in which broker did that ocur?
  • #9,628
  • Jun 4, 2014 7:51am Jun 4, 2014 7:51am
Quoting acidguy
{quote} their error, contact them and ask them to give back ur money if u lost, if u gained something they are going to take that money from ur equity later. can you pls say in which broker did that ocur?
vantage fx uk

i was in xag short, and no spike there.
brokers reply: 'Price error from liquidity, being re-instated on trades as we speak'

im not happy at all, thats the biggest spike ive ever seen, id hate to see my acct if i was long xau especially since i trade mostly with no psl
  • #9,629
  • Jun 4, 2014 7:52am Jun 4, 2014 7:52am
jeez I'd be outta there b4 u could say "churn"
Whats That? you're trading What?
  • #9,630
  • Jun 4, 2014 7:57am Jun 4, 2014 7:57am
Quoting Qed
jeez I'd be outta there b4 u could say "churn"
i know right, and i just funded the account

how am i supposed to see my indicators with this spike, this one will go down in history as the biggest broker manipulation ever
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  • #9,631
  • Jun 4, 2014 8:00am Jun 4, 2014 8:00am
Quoting Verve
{quote} i know right, and i just funded the account how am i supposed to see my indicators with this spike, this one will go down in history as the biggest broker manipulation ever {image}


Have to Frame that one .
  • #9,632
  • Jun 4, 2014 8:05am Jun 4, 2014 8:05am
Quoting Verve
{quote} vantage fx uk i was in xag short, and no spike there. brokers reply: 'Price error from liquidity, being re-instated on trades as we speak' im not happy at all, thats the biggest spike ive ever seen, id hate to see my acct if i was long xau especially since i trade mostly with no psl

wow!

I wonder if you had take profit set to 700; would they let you keep it??? If so; I think I might start putting buy limits or take profit orders at such low levels for the heck of it... you never know?

I guess it is needless to say the importance of putting stop loss orders!
  • #9,633
  • Jun 4, 2014 8:12am Jun 4, 2014 8:12am
Quoting Verve
If a broker has a spike like this, are they expected to refund you... why would this price spike occur, should one be weary of the brokerage.. they may be polite to me, but maybe they were manipulating the price for several traders with large longs and no psl Vantage had a spike of about 7000 pips {image}

Had a similar thing with IcMarkets Ctrader..i hope they refund
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  • #9,634
  • Jun 4, 2014 8:12am Jun 4, 2014 8:12am
I am long in gold and silver now. For today only. Intraday.
Arun
  • #9,635
  • Jun 4, 2014 8:13am Jun 4, 2014 8:13am
Quoting acidguy
{quote} ADP Non-Farm Employment Change disappointing, i think this is the lowest price were going to see in a while, something is smelling fishy in the US economy and its not blame on the weather.

ADP is notoriously unreliable, and subject to huge revisions. However, you are right in that something is not good with U.S. economy. Essentially, global economic growth is tepid because central banks/governments are doing the wrong things PLUS creating new bubbles, instead of addressing fundamental issues.
"The market can remain irrational longer than you can remain solvent"
  • #9,636
  • Jun 4, 2014 8:14am Jun 4, 2014 8:14am
Quoting waleed.khan
{quote} wow! I wonder if you had take profit set to 700; would they let you keep it??? If so; I think I might start putting buy limits or take profit orders at such low levels for the heck of it... you never know? I guess it is needless to say the importance of putting stop loss orders!
i think its worthwhile having orders well off in the distance, but i wouldnt be surprised with a spike in a few millisecs that they would ignore your positions or close them later but at the same time haggle with the traders/ positions they intended to do the injustice

i really had high hopes for them, fortunately i hadnt transferred large amounts
oh well back to work
  • #9,637
  • Jun 4, 2014 8:15am Jun 4, 2014 8:15am
must have been something happened ,,, I had gap up spike on xauusd to 1249(approx ) on "go markets" but it came back 1246 (approx) next candle
Whats That? you're trading What?
  • #9,638
  • Jun 4, 2014 8:20am Jun 4, 2014 8:20am
I think there trying to hint that's where price will end up at some point .
  • #9,639
  • Jun 4, 2014 8:23am Jun 4, 2014 8:23am
pmsl
Whats That? you're trading What?
  • #9,640
  • Jun 4, 2014 8:29am Jun 4, 2014 8:29am
Quoting Qed
must have been something happened ,,, I had gap up spike on xauusd to 1249(approx ) on "go markets" but it came back 1246 (approx) next candle
this is correct....
If you do not know who you are, the Forex is the worst place to find you
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