swiftz:

Hello house.
Please, there's a slight problem that i v been experiencing, so i tot of seeking your opinion.
I have trading with alpari for some time now. I noticed that sometimes, when the market gets to my take profit, my position doesn't close. and unfortunately for me, the market might just start going against me immediately after getting to my take profit thereby turning an already won trade to a loss, this has left me confused.

aguiyi:

are u factoring in the spread?

Blog icon:

@Swiftz 2 things are possible here

1. Just like Aguiyi has pointed out, you might not be factoring in your spread into your trade position. Normally, you should give an allowance of about 5 pips to your TP (at least that is the way I trick it out).

I.e if your TP was suppose to be placed at 1.205, you rather place it at 1.200 so that it gets hit before getting to 1.205 cos what happens in most cases is that once it (barely) touches the 1.205 level, it will bounce off very quickly especially when/if the level is a significant level of S or R.

2. Your placement of TP may be wrong (possibly too far and illogical). The tried and tested way to place a TP (in case you might not know) is to place at the next level of significant resistance (in a buy position) or at the next level of support (in a sell trade); remembering to give some 5 pips allowance to the TP level as i pointed out in case 1 above.

That is it. I hope this helps you in some way. Take care and have a nice day.

swiftz link=topic=743770.msg9157058#msg9157058 date=1316153249:

Please, i dont understand

naijababe:

I love you ECB , my EJ trade finally moved, would be absolutely glorious if the Chinese complete the move for me .

kashif, i hope you are watching the DOW? It made Naijababe very happy this week, I opened my position on the DOW on Monday evening at 10850 with a 50 pips risk, it closed at 11320 earlier this afternoon; currently at 11400 but i aint complaining . I took a sell on gold at 1820 yesterday too and banked 400 outta that one and my EJ is still running. I'll close on Friday evening if it does not get to my preferred target of 109.00. Shop closed for the week

Catch up with y'all later

naijababe:

I love you ECB   , my EJ trade finally moved, would be absolutely glorious if the Chinese complete the move for me  .

kashif, i hope you are watching the DOW? It made Naijababe very happy this week, I opened my position on the DOW on Monday evening at 10850 with a 50 pips risk, it closed at 11320 earlier this afternoon; currently at 11400 but i aint complaining  . I took a sell on gold at 1820 yesterday too and banked 400 outta that one and my EJ is still running. I'll close on Friday evening if it does not get to my preferred target of 109.00. Shop closed for the week  

Catch up with y'all later  

stagger:

I'd say you are dumb, and stu, pid!

is it that up till now, you cannot see that the aim of this thread is purely informative and to help everyone and not the "I AM THE BEST" selfish attitude you are trying to put up here?

Obviously, most of the people on this thread are not mature, indiscipline and without both of these there's no way you can succeed in the Trading world. This will be my last post here, you can catch me at Forexfactory where real traders dwell. If you are new to trading and really want to learn, i'll suggest you go to forexfactory too. Imagine getting insulted here just because you're behind a keyboard and a screen.

stagger:

I'd say you are dumb, and stu, pid!

is it that up till now, you cannot see that the aim of this thread is purely informative and to help everyone and not the "I AM THE BEST" selfish attitude you are trying to put up here?

holahabib:

Obviously, most of the people on this thread are not mature, indiscipline and without both of these there's no way you can succeed in the Trading world. This will be my last post here, you can catch me at Forexfactory where real traders dwell. If you are new to trading and really want to learn, i'll suggest you go to forexfactory too. Imagine getting insulted here just because you're behind a keyboard and a screen.

Blog icon:

Nice one dear. I am happy for you O! At least it is good to know that while i lost some $$ from Gold you gained some . See hammering!!! Congrats!

Kashif:

My dear, my broker does not offer indices trading, and work never allow me scout for brokers. Do you know where I can get a demo feel please? Easy with the way you are hammering the markets before your brokers throw you out   Congratulations sis; you are on top of your game.


@Blog icon and Aguiyi, what swiftz is complaining about Alpari is not a matter of spread IMO. I have posted about that issue on this thread when somebody was looking for assistance on choosing a broker.  Alpari ignores TPs and pending orders even when it is clear that price moved more than 15pips past that point. It has happened to me many times, and that is one of the things I have against Alpari.

@swiftz, if you are trading live, consider leaving Alpari.

swiftz:

Hello house.
Please, there's a slight problem that i v been experiencing, so i tot of seeking your opinion.
I have trading with alpari for some time now. I noticed that sometimes, when the market gets to my take profit, my position doesn't close. and unfortunately for me, the market might just start going against me immediately after getting to my take profit thereby turning an already won trade to a loss, this has left me confused.

stagger:

I'd say you are dumb,  and stu, pid!

is it that up till now, you cannot see that the aim of this thread is purely informative and to help everyone and not the "I AM THE BEST" selfish attitude you are trying to put up here?

swiftz:

ok. But ds fxpro isn,t in nigeria. Wil depositing and withdrawing not b stressful?

swiftz:

I have been planning on goin live next week. But with fault from alpari, i cant continue with them. please, tell me, which one do you feel, based on experience is d good. Also, one that i can fund and withdraw using a nigerian account, Am not starting with much money, say 100USD, Abeg, make una help me.

swiftz:

Hello house.
Please, there's a slight problem that i v been experiencing, so i tot of seeking your opinion.
I have trading with alpari for some time now. I noticed that sometimes, when the market gets to my take profit, my position doesn't close. and unfortunately for me, the market might just start going against me immediately after getting to my take profit thereby turning an already won trade to a loss,  this has left me confused.

holahabib:

Obviously, most of the people on this thread are not mature, indiscipline and without both of these there's no way you can succeed in the Trading world. This will be my last post here, you can catch me at Forexfactory where real traders dwell. If you are new to trading and really want to learn, i'll suggest you go to forexfactory too. Imagine getting insulted here just because you're behind a keyboard and a screen.

stagger:

I am sorry about the comment bro. I take it back 100%. I over reacted. Sorry please.