The spike looks to be preparation for reversal. They didn't manage to spike me out.
Added second position long 1985.6, stop 70.
You should put 5k in the forex market and show us how it's done.
Increasing the stop will just increase your loss. Next time it will not be 5k, but 10k they will take from you.
It was a surprise to the OP. You just need to look at the beginning of the thread to see how much effort I put in to convince him the floor was...
Do you mean SNB were noobs and went long ? Look at the price, would they not have been extremely wise to sell where I said they did ? By the way,...
Well, they paid out, at least in my case. I hope they will survive or I will have the hassle of going to find another shop.
How come ? Because you just know I am waiting for a free ride ? A simple advice would be to use stops and sizes wisely. These will allow proper...
There are some major adjustments in the market on jpy as a result of this. Anyone has a view on where this is going ?
Not doubtful at all. The OP can show you proof by way of a broker statement they chased him out. On the other hand you could not come up with...
That's wishful thinking. It would not have made a difference where you placed the stop. If they wanted your money they will move the price to...
Wooo Woooo, got my profits out. I am going the other direction now.
I got big profits in cad/chf short. But my bucketshop suspended the market and refused to respond to queries. I guess next they will declare...
Where is the floor at now ?
Long 2009.8, stop 70. Anyone knows what's happening with cad/chf ? I have big profits in it and my bucketshop won't let me get out because it's...
Permabear is out for average 8 points on 3 positions.
Go put in a short 5k order on eur/aud and see what happens. You'd get the same spike as the OP did.
They be the bank who want to fill orders. They see a stop order and they go fill it. What are you doing, and why are you doing it wrong ?
I don't have a problem. I never said they are out to get anyone. They are there to fill orders. I am surprised you don't understand something as...
Yes, I see. So IB's chart shows the spike.
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