aen replies to: The only thread you will ever need: FX Exposed!

Jury is still out there for me to make a sound judgement on what is being shared. Some is legit and some still requires more sound principles to come to a concrete conclusion. What I know for sure with absolute certainty to be true for DM, Semi-DM, Semi-SM and SM traders is the fact that probabilities remain the same for everyone when it comes to pure price movements on any chart on any timeframe or tick. As I have said before, I make more during price manipulations by following the direction of stop hunts but nothing is perfect in life given the tools and avenues available to us retail freaks with high hopes and desires to make it in this industry.
I have over a 1000+ profitable trades in such stop hunt ones since 5/1 and I have also losing trades that I am forced to take on Fridays to avoid weekend exposure (which I wait till Friday to see if the fakeout/manipulation ends up in my intended direction).

Here’s one example of a fabulous GCAD trade in my breakout strategy that did not go well in my direction (and I also trade a bounce strategy in parallel and hence the reason I can tell with 100% confidence backed my facts and data that for every breakout (fake or legit), there is always a corresponding bounce happening elsewhere in the market. Please refer to my post on my version of Newton’s 3rd Law:
VeeFX Law of price movements in FX markets: Every Action has a equal and opposite binary reaction.

With that said, here are some screenshots to reflect and support what Mr. Freak is trying to convey. Stop Hunts are Legit, manipulations are legit, competing forces will always drain your account. It is the core function of market-making business for decentralized Markets to function efficiently. There is a reason why Global FX markets are not centralized. That is why I keep on saying… YOUR STRATEGY MUST INCLUDE FEATURES OF WHAT MARKETS HAS TO DO TO SURVIVE !

Proof is always in the details (and I trade without looking at charts for this very reason. Starring at charts gives the manipulators the added advantage of manipulating us. There is a tremendous amount of research done on Optical Illusion. Google it guys! Arrow on charts represent the timeframe I took the trades on and many so called “Price Action” idiots don’t even track which timeframe they took the trades on)

Enjoy!

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{quote} i am afraid you arent aware how pending orders work on the most widely used MT4 platform. in short: to execute they will be converted to market order, and thus executed as such once their price level reached. and thus they arent absent from the same slippage and wider spread issue…if anything more vulnerable to it! if your broker is semi decent and your timing is good ( else why to enter right on the news) 0.5-2 minutes after the release of news you can usually get into the market without major slippage or overly wide spread, without a…

I have enjoyed and respect your contribution on FF so let’s have a deep dive into this as there is a whole lot more happening behind the scenes in MT4 that is not visible to the retail traders. For reference on where I am coming from, Please read my recent posts if you can spare some free time.

I asked in my recent post, Why do any retail broker (MT4 or any other platform, does not allow traders to change the order size of a previously submitted limit or stop order? Please answer this question for me.

Another related question… why do brokers allow to submit a 1000 standard lot size worth of pending order on a micro account size?

Another related question… why brokers cannot check available margin on a pending order at the time of submission? (you already answered this but prefer to clarify for this thread readers)

Another related question… Do you think pending orders sit on the brokers platform or server? If the answer is a resounding yes, you are highly mistaken. Mr. Freak can confirm this for us but he chooses to drag this thread along and I may not be around after this weekend so lets get on with this fascinating topic that EVERY RETAIL TRADER MUST UNDERSTAND before they enter their next pending order or stop loss or take profit. Converting these “Pending” order types into Market Orders is the biggest vehicle of income (from manipulation) offered to brokers by their LPs.

You got to Interactive Brokers TWS platform and you will find 100s of order types in regulated markets. But when it comes to IDEALPRO for FX, none of those “order types” are applicable to retail traders. This is not rocket science to add 2+2.

Disliked

{quote} I have enjoyed and respect your contribution on FF so let’s have a deep dive into this as there is a whole lot more happening behind the scenes in MT4 that is not visible to the retail traders. For reference on where I am coming from, Please read my recent posts if you can spare some free time. I asked in my recent post, Why do any retail broker (MT4 or any other platform, does not allow traders to change the order size of a previously submitted limit or stop order? Please answer this question for me. Another related question… why do brokers…

I only open my mouth when I know sh*t for sure. I bet no one knows we can do this so here’s the evidence of what brokers can and cannot do. I just opened a 100 standard lot position on a $250 sized account

Attached Images (click to enlarge)

I have left ForexFactory. This was my first & last social media experiment!

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