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Thread: Scalping and 3rd party charting

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    Exclamation Scalping and 3rd party charting

    Hi there!

    You allow scalping, but only when not taking advantage 'delay' and errors.

    I'm a scalper and I'm using 3rd party tickchart+feed to scalp with. Because MT4 doesn't provide tick-chart or TF under 1 min; Do you allow it -I cannot guarantee that prices will be the same as you provide?

    Regards,
    FlashCall
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    Last edited by FXOjafar; 02-02-2008 at 06:18 AM. Reason: rule 14

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    Quote Originally Posted by FlashCall View Post
    Hi there!

    You allow scalping, but only when not taking advantage 'delay' and errors.

    I'm a scalper and I'm using 3rd party tickchart+feed to scalp with. Because MT4 doesn't provide tick-chart or TF under 1 min; Do you allow it -I cannot guarantee that prices will be the same as you provide?

    Regards,
    FlashCall
    ___________________________
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    I have same question in mind, It will be great if some one from management of Fxopen can reply.

    Thanks
    Last edited by FXOjafar; 02-02-2008 at 06:19 AM. Reason: rule 14

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    Director of FXOpen Aus FXOjafar's Avatar
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    Quote Originally Posted by FlashCall View Post
    Hi there!

    You allow scalping, but only when not taking advantage 'delay' and errors.

    I'm a scalper and I'm using 3rd party tickchart+feed to scalp with. Because MT4 doesn't provide tick-chart or TF under 1 min; Do you allow it -I cannot guarantee that prices will be the same as you provide?

    Regards,
    FlashCall
    ___________________________
    www.******.com
    If you open the new order window (press F9) you can see a tick chart or look at the tick chart tab found at the bottom of the market watch window.
    Last edited by FXOjafar; 02-02-2008 at 06:19 AM. Reason: rule 14
    Jafar Calley - Director
    FXOpen AU Pty Ltd
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    Quote Originally Posted by RebateFX.com View Post
    If you open the new order window (press F9) you can see a tick chart or look at the tick chart tab found at the bottom of the market watch window.
    Yes, I'm aware of that fact, but MT4 will not allow advanced tick-chart like they have with other TF. I'm currently using ProRealTime chart and feed.

    So my question stands: Can you accept clients that use 3rd party chart+feed to scalp?; FxOpen will profit every time when I'm scalping -winning or losing-...It still got a pip-hole of 3 on EUR/JPY.
    Last edited by FlashCall; 01-22-2008 at 11:42 AM.

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    Yes FXOpen will support your scalp trades as long as they are for at least 5 seconds each and the broker will profit from the spread as normal. Just be sure not to use a script to take advantage of delays between feeds.
    Also be aware that if you are using a price feed from a different bank, you may notice a difference in price from time to time. This is normal for a non centralised market like Forex.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
    Australia
    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

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    Quote Originally Posted by RebateFX.com View Post
    Yes FXOpen will support your scalp trades as long as they are for at least 5 seconds each and the broker will profit from the spread as normal. Just be sure not to use a script to take advantage of delays between feeds.
    Also be aware that if you are using a price feed from a different bank, you may notice a difference in price from time to time. This is normal for a non centralised market like Forex.
    The trades are longer then 5 sec. I don't use script or use 'illegal' things; I don't take delay trades on purpose, because I'm ordering manually and not look at the fxopen feed. If I have the perfect setup on my chart i'll order without thinking... I'm only want to try scalping with FxOpen, because you offer low deposit - high leverage; We can profit from that -also-, we shall see...

    Thank you, and stop by anytime on my 'blog' http://www.scalpalot.com...CyroxMMA rulez!!!

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    Quote Originally Posted by FlashCall View Post
    The trades are longer then 5 sec. I don't use script or use 'illegal' things; I don't take delay trades on purpose, because I'm ordering manually and not look at the fxopen feed. If I have the perfect setup on my chart i'll order without thinking... I'm only want to try scalping with FxOpen, because you offer low deposit - high leverage; We can profit from that -also-, we shall see...

    Thank you, and stop by anytime on my 'blog' http://www.****.com...CyroxMMA rulez!!!
    Then you are welcome to trade
    Why don't you add one of FXOpen banners to your blog?
    Attached Files Attached Files

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    Quote Originally Posted by FXOpen Manager View Post
    Then you are welcome to trade
    Why don't you add one of FXOpen banners to your blog?
    Thank you (also for the banners).

    I will deposit soon...
    Google: scalpalot

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    Thanks for the helpful information!
    Hope to be Live soon!

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    Btw: Do you have any support for PayPal (in plans)?
    Google: scalpalot

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    Quote Originally Posted by FlashCall View Post
    Btw: Do you have any support for PayPal (in plans)?
    We are working on adding paypal support. If you want to use a credit card for deposits, you might try Cash-U in the meantime.
    Jafar Calley - Director
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    Quote Originally Posted by RebateFX.com View Post
    We are working on adding paypal support. If you want to use a credit card for deposits, you might try Cash-U in the meantime.
    Cash-U don't have credit-card deposit? I could not see the option when logged in...I have mailed them, but no awnser after a day...So I have already skipped them as a party to use my credit-card with.

    Anyway...I'm waiting for the verification of my account, to do credit-card deposit straight from FxOpen.
    Google: scalpalot

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    Quote Originally Posted by FlashCall View Post
    Cash-U don't have credit-card deposit? I could not see the option when logged in...I have mailed them, but no awnser after a day...So I have already skipped them as a party to use my credit-card with.

    Anyway...I'm waiting for the verification of my account, to do credit-card deposit straight from FxOpen.
    Oh dear. Perhaps they removed CC deposit because it was troublesome. I'm sorry then that we don't have a CC deposit option as yet.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
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    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

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    Quote Originally Posted by RebateFX.com View Post
    Oh dear. Perhaps they removed CC deposit because it was troublesome. I'm sorry then that we don't have a CC deposit option as yet.

    Yes I have got an awnser from them:
    Unfortunately we have had to suspend the credit card option due to a high number of fraud/stolen card transactions. We are working on a new better solution but it will take several weeks before it is avail be.

    Regards

    Timothy
    cashU Support
    Anyway; This s*cks!

    Why do you have verification in the cabinet? It states that the account must be verified before credit-card deposit/withdrawal is possible. Other options? I only have paypal and a creditcard to send money...
    Google: scalpalot

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    So RebateFX? Im not used to no quick anwsers from you...Can you please anwser my questions?
    Google: scalpalot

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