(ONCE AGAIN TO BE SUCCESSFULL IN THIS SYSTEM YOUR STOP LOSS SHOULD BE RESPECTED BY BROKER OTHER WISE U WILL FAIL, IF YOUR BROKER DON'T HAVE RESPECT FOR YOUR STOP LOSS BETTER MOVE TO OTHER BROKER)
Thank you for contacting us.
We have investigated your request and we conclude that the order was slipped due to lack of liquidity and high volatility.
The goal of HotForex is to provide its clients with the best pricing available at any time and to get all orders filled at the requested rate. However, there are times when, due to an increase in volatility or volume, orders may be subject to slippage. This most commonly occurs during fundamental news events and other Political or Market announcements.
Kindly keep in mind that very important economic news release during that time 04:30 (AUD C.P.I)
Please remember, that news trading carries a greater risk and is not recommended for all.
The volatility in the market can and might create trading conditions where orders are difficult to execute at the requested rate, since the price might be many pips away due to the extreme market movement. Even though the trader is looking to execute at a specific price, the market might have moved significantly and the order would be filled at the next best price or the fair market value. Similarly, increased volume may also result in slippage if sufficient liquidity does not exist to execute all trades at the requested rate.
Unfortunately during news time we cannot guarantee Entry Point , Stop Loss or Take profit levels
Do not hesitate to contact us if you have further inquiries.Dear Customer,