MB Trading Futures - Introduction

Quoting 4rex

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Hello Justin,


Perhaps I am not making myself clear or maybe I am a slow learner. I have read #107(several times) but in the past I have experienced the process differently. For example you mentioned to go to the OPEN ORDER to make changes but it has been my experience that once your order is executed that it disappears from the OPEN ORDER window and the executed trade now shows up in the ORDERBOOK window. Right now as I am writing this post, I have several STOP/TRAIL orders that have not been executed yet but when I right click on them in the OPEN ORDER window the only option is to cancel. The change order option is not available. Is this a different situation than the ones you are explaining in #107?

Thank you . I hope your time rewards you with many live accounts.

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Quoting richy

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but this is what i see from the efx FAQ page:




jleblang, could you please confirm about this lot size? thx

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Quoting 4rex

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Justin,

I think I have it under control now. Thank You for your help.


Justin and/or other members:


Here is my situation....Is there a way to set a specific TAKE PROFIT with a STOPLOSS entry but that it also allows me to ONLY sell/buy part of my initial # of lots and continue riding the trade for greater profit. ALL OF IT WITHOUT MONITORING THE TRADE? That is a mouth full and it may not be possible but maybe someone can help.

Thank you

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Quoting SkYliNe0511

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Hi 4rex,

I think there is. For example, you buy 10 lots of any currency pair. Then, you place 5 lots TTO order and set the remaining 5 lots continue to ride.

Hope this help.

- SkYliNe -

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Quoting behof

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Hi Justin !

I've a problem with signing in to the Navigator Platform on my
PC at work.

There's a firewall installed and therefore I get no connection.

I had the same problem with Metatrader but after chosing a connection
via Proxy it worked.

Is it possible to connect to the EFX Server via Proxy Server ?

By the way I've tried also the Pro Platform but without
having success

I appreciate your comment

Greetings

Bernhard

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Quoting 4rex

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Hello SkYliNe,

Thanks for the reply....I'll check it out.

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Quoting jleblang

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Please remember that we provide our clients with Access to the Worlds Largest Banks.

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Quoting jleblang

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Technically speaking, our system handles smaller increments than what are traditionally referred to as “minis,” or 10,000 unit increments, of a currency. However, just like for years, banks wouldn’t deal in increments under 100,000 units, not all banks currently will work directly with us under 10,000 units. Several of the banks in our system, however, will. So, you can place orders for 0.1 minis (1000 unit increments). Since you can’t be guaranteed that the bank(s) showing liquidity at the current bid or offer will take that increment, your order could sit unexecuted at that price (a market order would find the bank with the best bid or offer that does accept those increments). So, the short version is this. You CAN trade smaller increments on our system, but at the moment, we CAN’T promise that all banks on our system will fill you at their prevailing market prices in increments under 10,000 units, which means we prefer to state it the way that we do on the website.

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Quoting 4rex

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Skyline and/or Justin

Here is what I tried: 10 lots Stop/limit
5 lots TTO
5 lots TTO(with a higher/lower TP and the same SL)

The problem with this is that my Stop/limit may not be triggered but my TTO could if there is a large enough retracement. Also it eats up at your available balance. Ideally what I want to do is place a Stop/Limit with a Stop Loss then pull out a portion of my lots when I reach a certain TAKE PROFIT level and let the rest ride with a Trail Stop. Is this possible?

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Quoting jleblang

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Hello Everyone,

Just a quick note.

We will be open on Thanksgiving day and Friday, though our staff will be limited. If you need immediate assistance with a trade, please call our help desk at (866) 558-3342, which is always open 24 hours a day.

Happy Thanksgiving!

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Quoting Moe

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i have a ? jleblang. a friend of mines was in a trade with a 76 pip profit and he went to close this trade but the order did not execute right away so he cancel and tried again it just hung up there he finaly got out with a 63 profit why did it take so long is it because the banks did not like the price he was trying to get out at?

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Quoting jleblang

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Hi Moe, <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

Unfortunately, without more information from your friend this is a very difficult question to answer.<o></o>

In the future I suggest that your friend contact us immediately, so that we may look at the trade. If we find there was a problem on our end, we will certainly make good with the trader. <o></o>

<o></o>
Thank you, <o></o>

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Quoting Moe

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Thats a good answer but what if the problem wasn't on your end how will you handle this

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Quoting Moe

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Thats a good answer but what if the problem wasn't on your end how will you handle this

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Quoting jleblang

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What if it was on the traders end? Again, its just one of those situations where unless I have more information we could assume anything.

If was an issue related to one of our banks, we would contact them and take the proper steps to resolve the issue.

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Quoting Moe

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The issue was he went to close that trade and it stayed in the open order window so he cancel the trade and tried again and it did the same thing the order was waiting to be excuted and it finaly did execute at a lower take profit. i have notice this does happen on demo but never heard of this happening with a live account till now.

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