fti thanks for your reply.
Pls don't get me wrong , I was not asking for permission to be robotic but was asking for your guidance to remove the clutter.
I was asking as using no-loss stop orders started to be counterproductive and so many times I watched them squaring me before continuing the move.
I used to use them just to have risk free trades, it's a way that I wanted to avoid market heat.
but recently despite the trend I find market runs to square me before heading back in its direction.
in FOREX , I observed a lot of tricks , for example , brokers tend to say that they offer tight fixed spreads and automated stuff . all this nonsense.
it seems like they set us against computer programs, Once I kept watching closely and I found the following,
let's say E/U was trading 1.33925/1.33940 and I try to sell the market , after the fill confirmation I find out that I was filled at 1.33915 , 1 pips + .
so I contacted my account manager and gave him a clear msg if this will happen again, I will move my account to another broker , and guess what I have not encountered this until recently!
Also one of the reasons I quit using limit orders is brokers front run these order when I'm right.
before reading your thread , I was relying heavily on Fibonacci , so trying to buy a dip in an uptrend , I find they miss my order by 0.0002 when I'm right
( if by limit at 1.32850, they front run my order just at 1.32852 ).
Thanks again for your input.
Pls don't get me wrong , I was not asking for permission to be robotic but was asking for your guidance to remove the clutter.
I was asking as using no-loss stop orders started to be counterproductive and so many times I watched them squaring me before continuing the move.
I used to use them just to have risk free trades, it's a way that I wanted to avoid market heat.
but recently despite the trend I find market runs to square me before heading back in its direction.
in FOREX , I observed a lot of tricks , for example , brokers tend to say that they offer tight fixed spreads and automated stuff . all this nonsense.
it seems like they set us against computer programs, Once I kept watching closely and I found the following,
let's say E/U was trading 1.33925/1.33940 and I try to sell the market , after the fill confirmation I find out that I was filled at 1.33915 , 1 pips + .
so I contacted my account manager and gave him a clear msg if this will happen again, I will move my account to another broker , and guess what I have not encountered this until recently!
Also one of the reasons I quit using limit orders is brokers front run these order when I'm right.
before reading your thread , I was relying heavily on Fibonacci , so trying to buy a dip in an uptrend , I find they miss my order by 0.0002 when I'm right
( if by limit at 1.32850, they front run my order just at 1.32852 ).
Thanks again for your input.
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