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- NoobPie replied Dec 14, 2015
Good morning everyone. I would like to share my setup with you, for those who are looking for some accurate scalps. image Ok condition for entry.... 1) If eu closes at or below 1.10179 on the 5m then short eu... Once you are in the short, then ...
EURUSD
- NoobPie replied Dec 14, 2015
Yes, that is exactly what I am saying. Although I would like to think of myself as a "tech trader". The price action at "resistance" has really been met with some strong bull power. I recall last week EU was 70% shorters and the price spiked up ...
EURUSD
- NoobPie replied Dec 14, 2015
I would take a guess and say that most of the people are short EU, which would justify a massive move to the upside, even thought forex can manipulate their spreads and kill anyone entering into a position during high impact news, the smart move ...
EURUSD
- NoobPie replied Dec 14, 2015
Hello Ahmed. I'd like to know if you are predicting that EU will drop from here, rather then continue it's push north... If that is what you think, then at what point does "Wave 4" become a failure" ?
EURUSD
- NoobPie replied Dec 13, 2015
Good video.... "Who cares about the fundamentals" The sad part is that most of the social traders do, and that is why at the end of the year they give away all their profits away in one sitting. The market, and all markets are created off of ...
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 13, 2015
The example isn't stupid because people actually trade that way. People take a position, have the position go 1000 pips in red, and when they stop out they blame the broker! Or in the case of a member who posted before you, they "deposit" to avoid ...
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 13, 2015
I actualy don't trade that way, but from the looks of it, some people do indeed trade that way, and once they are about to margin call they redeposit to keep the position open.
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 13, 2015
When a person is about to margin call, and they refund their account to prevent it... It's like doing this... url
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 13, 2015
You should read the situation again. If account A margin calls, then the client will simply lose 100% of what he/she deposited. Yet if the account goes into 1000% loss (meaning 10x the original deposited amount) then the BROKER will have to assume ...
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 13, 2015
How would you consider "funding a dead in the water position" in the best interest of the customer? All in all, you took what ended up being a bad position, and to make it worse you wanted to redeposit to avoid margin call. Seriously, what does that ...
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 13, 2015
That proves my point right there. The guy DEPOSITS money to cover a "potential margin call" and then he uses an excuse about the broker mentioning "cross border" transfers.
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 13, 2015
What I don't agree on is that the "Cause of most losses is over-leveraging". If a person has 10,000usd in their account, and only places a .01 lot size wager, it would be pretty much for him to margin call. Yet, that same trader would be able to ...
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 12, 2015
I value your post, but I honestly don't look into what "they could be doing" because in no way shape or form does that effect the manner in which I trade. All I am sure of is that in ANY market condition, the market always trades in the same exact ...
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 11, 2015
Another thing people say is that if you have a STP or market maker broker then one is more credible then the other. Simply look at it this way. If you as a client places a buy order, and 95% of transactions placed is stopped out, then why wouldn't a ...
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 11, 2015
Simply look at the people who claim that brokers steal their money, and the answer will be clear. Most people trade a horrible system, which allows for huge drawdown in pips, maybe 800 pips, and when a person says that the broker stole their money ...
Why do people say brokers steal from traders no matter what?
- NoobPie replied Dec 11, 2015
Hello my fellow scalper, I too scalp, and do the opposite of what you do. I respect the price action leading up to and after news events. From the information I have gathered, and not saying it is the holy grail, but the market trades in a very ...
10% per month
- NoobPie replied Dec 9, 2015
Very interesting. I never thought about being hacked. Well thanks for the response, and good luck with your trading. I enjoy the input you and others have here.
EURUSD