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MB Trading Futures - Introduction

  • #281
  • Jan 1, 2007 8:38am Jan 1, 2007 8:38am
Hi justin,

I am waiting very much to talk with you for Singapore Branch of EFX, many south east asia parking their money in Singapore as second finance hub in Asia. We will work together hand in hand , seminar after seminar. I saw saxo bank has moved here and will ROAR in January 2007.

I could give you fully support since forex is part of my blood. Thank you

Best regards

SUGIYANTHO
+65 94509909
[email protected]
  • #282
  • Jan 1, 2007 2:19pm Jan 1, 2007 2:19pm
Quoting jleblang
Hello Everyone,

This is Justin LeBlang from EFX Group. As many of you might have noticed we have recently become a preferred broker with Forex Factory.

I am not here to promote EFX Group, but rather invite anyone who has questions to ask them. We look forward to hearing from you soon.

Sincerely,
It would be sweet if your platform could somehow run MT4 EAs.
Binary Options Trader
  • #283
  • Jan 2, 2007 6:57am Jan 2, 2007 6:57am
I would also be happy to have MT4.
  • #284
  • Jan 2, 2007 9:03am Jan 2, 2007 9:03am
If you read back in this thread you'll see that Justin said they can't use MetaTrader because it's set up for a Dealing Desk, and EFX is an ECN with no dealing desk.
  • #285
  • Jan 3, 2007 3:10am Jan 3, 2007 3:10am
Quoting In2Blues
If you read back in this thread you'll see that Justin said they can't use MetaTrader because it's set up for a Dealing Desk, and EFX is an ECN with no dealing desk.
But what if they could create a trading platform that could read MT4 code? Then we would have the best of both worlds....ECN access with EA codes. This is what I am proposing. If MACs can run Windows, then why can't EFX create a platform that can run MT4 EAs? EFX would destroy their competition if they could pull this off.
Binary Options Trader
  • #286
  • Jan 3, 2007 10:57am Jan 3, 2007 10:57am
Hey Guys ~

Happy New Year to everyone. I see there are quite a few postings which many of the other members seem to be responding to just fine. If someone feels they could use some clarification on any of the topics, don't hesitate to ask.

Let’s make it a great year!

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

<!-- / message --><!-- sig -->
  • #287
  • Jan 3, 2007 10:58am Jan 3, 2007 10:58am
Hi Justin,

I am using FX Pro. I have problems to change orders, and I hope you can help me as detailed below :

1. I want to change my stop loss to TTO order. I click change order, and it bring me to Standard Order Entry, and I face to column, ie. Entry and Exit. Then, I click none in the Entry column, and create TTO in the Exit column, but it won't work. Do I do things right, can you tell me the right way?

2. I want to change my TTO order, so I cancell order first, then go to Standard Order Entry to create new TTO.Then, I click none in the Entry column, and create TTO in the Exit column, but it won't work. Do I do things right, can you tell me the right way?

3. I experience disconnect in the FX Pro, and I can't find the three green button at the top right like EFX Navigator, where I can find this button in the EFX Pro so I can re-connect fast?

Tommy
  • #288
  • Jan 3, 2007 11:50am Jan 3, 2007 11:50am
Justin, please add ability to EFX to trade with multiple separate positions in the same currency (not one average position)

thanks.
  • #289
  • Jan 3, 2007 1:53pm Jan 3, 2007 1:53pm
Quoting tommsu99
Hi Justin,

I am using FX Pro. I have problems to change orders, and I hope you can help me as detailed below :

1. I want to change my stop loss to TTO order. I click change order, and it bring me to Standard Order Entry, and I face to column, ie. Entry and Exit. Then, I click none in the Entry column, and create TTO in the Exit column, but it won't work. Do I do things right, can you tell me the right way?

2. I want to change my TTO order, so I cancell order first, then go to Standard Order Entry to create new TTO.Then, I click none in the Entry column, and create TTO in the Exit column, but it won't work. Do I do things right, can you tell me the right way?

3. I experience disconnect in the FX Pro, and I can't find the three green button at the top right like EFX Navigator, where I can find this button in the EFX Pro so I can re-connect fast?

Tommy
There is a faster way to do both 1 and 2 if you feel that it isn't working right. You are essentially canceling the order completely and putting in a new one. Instead of checking the order and hitting change, I would do this when you are using TTO-related stuff for now.

1) Go to Open Orders.

2) Check the order. Hit Cancel.

3) Go to Positions. Right click on the Position and hit Place Management Trade. This will take you to the Standard Order Entry screen with just the Exit column available. Place your TTO or Stop and hit Cover or Sell (only one will be available based on your position direction).

As for your #3, the only time that you should really experience a disconnect is during the server reset at midnight EST for 5 minutes and/or the end of day settlement in the afternoon, which is an inactive time of day. If you feel that the platform lost connection permanently during that rollover (you'll get a pop-up), simply close the platform, wait 3 seconds, and run it again. It should typically reconnect automatically, but you can save yourself the trouble of wondering what happened if you close and re-open yourself.
  • #290
  • Jan 3, 2007 2:50pm Jan 3, 2007 2:50pm
Quoting ycomp
Justin, please add ability to EFX to trade with multiple separate positions in the same currency (not one average position)

thanks.
I don't think EFX will ever do that because they aren't a deal desk. The system is order-based, not position-based.

FXChant
Singing the world of forex
FXChant Singing the World of Forex
  • #291
  • Jan 4, 2007 4:49am Jan 4, 2007 4:49am
Please tell me about Project Omega 2007 on EFX Group.
Best regards,
barnix
  • #292
  • Jan 6, 2007 1:18pm Jan 6, 2007 1:18pm
Justin,
you haven't explained that spike on your platform for which there is a screenshot on the OTHER forum. Waiting. Waiting...
  • #293
  • Jan 8, 2007 2:30am Jan 8, 2007 2:30am
cant wait for charting

cant wait for charting

cant wait for charting

:

i pip makes a different you know
  • #294
  • Jan 8, 2007 9:20am Jan 8, 2007 9:20am
Quoting Trademesilly
Justin,
you haven't explained that spike on your platform for which there is a screenshot on the OTHER forum. Waiting. Waiting...
Hi Trademesilly -

Please point me in the direction of which post you're referring to.

I have a feeling though you're talking about the bad tick on our IntelliCharts.

Thank you,
  • #295
  • Jan 8, 2007 10:01am Jan 8, 2007 10:01am
from NDD forum:



<TABLE class=tborder id=post1105 cellSpacing=1 cellPadding=6 width="100%" align=center border=0><TBODY><TR><TD class=thead>#136

<!-- status icon and date -->http://nondealingdesk.com/images/sta...n/post_old.gif 12-26-2006, 06:35 AM <!-- / status icon and date -->

</TD></TR><TR><TD class=alt2 style="PADDING-RIGHT: 0px; PADDING-LEFT: 0px; PADDING-BOTTOM: 0px; PADDING-TOP: 0px"><!-- user info --><TABLE cellSpacing=6 cellPadding=0 width="100%" border=0><TBODY><TR><TD noWrap>Loopy- http://nondealingdesk.com/images/sta...er_offline.gif<SCRIPT type=text/javascript> vbmenu_register("postmenu_1105", true); </SCRIPT>


</TD><TD width="100%"></TD><TD vAlign=top noWrap>Join Date: Oct 2006

Posts: 1



</TD></TR></TBODY></TABLE><!-- / user info --></TD></TR><TR><TD class=alt1 id=td_post_1105><!-- message, attachments, sig --><!-- icon and title -->http://nondealingdesk.com/images/icons/icon1.gif Spike on EUR/USD and USD/JPY

<HR style="COLOR: #d1d1e1" SIZE=1><!-- / icon and title --><!-- message -->This happened just after 5:00pm EST on 12/21. Did anyone else notice this? This is the live EFX feed. Yen dropped from 118.30 to about 117.50 while the Eur fell from just over 1.3180 to 1.2990 Luckily I was short on the yen. Picture quality is a little bad because I had to compress the file so much to upload it. I have the original screenshot if anyone wants to see it. What does everyone think about this? Am I the only one who saw this? Any theories on how this happened?

<!-- / message --><!-- attachments -->
<FIELDSET class=fieldset><LEGEND>Attached Images</LEGEND></FIELDSET>


</TD></TR></TBODY></TABLE>
  • #296
  • Jan 8, 2007 10:17am Jan 8, 2007 10:17am
I responded on the NDD forum board. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

It was simple a bad spike due to our regular scheduled maintenance times. <o></o>





Quoting Trademesilly
from NDD forum:



<TABLE class=tborder id=post1105 cellSpacing=1 cellPadding=6 width="100%" align=center border=0><TBODY><TR><TD class=thead>#136


<!-- status icon and date -->http://nondealingdesk.com/images/sta...n/post_old.gif 12-26-2006, 06:35 AM <!-- / status icon and date -->


</TD></TR><TR><TD class=alt2 style="PADDING-RIGHT: 0px; PADDING-LEFT: 0px; PADDING-BOTTOM: 0px; PADDING-TOP: 0px"><!-- user info --><TABLE cellSpacing=6 cellPadding=0 width="100%" border=0><TBODY><TR><TD noWrap>Loopy- http://nondealingdesk.com/images/sta...er_offline.gif<SCRIPT type=text/javascript> vbmenu_register("postmenu_1105", true); </SCRIPT>




</TD><TD width="100%"></TD><TD vAlign=top noWrap>Join Date: Oct 2006


Posts: 1




</TD></TR></TBODY></TABLE><!-- / user info --></TD></TR><TR><TD class=alt1 id=td_post_1105><!-- message, attachments, sig --><!-- icon and title -->http://nondealingdesk.com/images/icons/icon1.gif Spike on EUR/USD and USD/JPY


<HR style="COLOR: #d1d1e1" SIZE=1><!-- / icon and title --><!-- message -->This happened just after 5:00pm EST on 12/21. Did anyone else notice this? This is the live EFX feed. Yen dropped from 118.30 to about 117.50 while the Eur fell from just over 1.3180 to 1.2990 Luckily I was short on the yen. Picture quality is a little bad because I had to compress the file so much to upload it. I have the original screenshot if anyone wants to see it. What does everyone think about this? Am I the only one who saw this? Any theories on how this happened?


<!-- / message --><!-- attachments -->

<FIELDSET class=fieldset><LEGEND>Attached Images</LEGEND></FIELDSET>




</TD></TR></TBODY></TABLE>
  • #297
  • Jan 8, 2007 4:44pm Jan 8, 2007 4:44pm
Re: spike,
That is very reassuring, as the same chart pattern with other brokers could indicate stop hunting, which of course EFX does not do.
  • #298
  • Jan 9, 2007 11:26am Jan 9, 2007 11:26am
just a quickie. I tried to find the answer elsewhere on the thread but failed spectacularly.

If I trade long or short on the Eur/Usd for example, do I pay commission both on the opening of my trade and its closure, just on opening or just on closure?

thanking you

yours,

slightly confused.
quote of the day: . It's like deja-vu all over again
  • #299
  • Jan 9, 2007 11:29am Jan 9, 2007 11:29am
  •  tesla
  • Joined Oct 2006 | Status: Friendly Neighborhood Programmer | 533 Posts
You'll pay the commission on both transactions.

Quoting Gmak
just a quickie. I tried to find the answer elsewhere on the thread but failed spectacularly.

If I trade long or short on the Eur/Usd for example, do I pay commission both on the opening of my trade and its closure, just on opening or just on closure?

thanking you

yours,

slightly confused.
  • #300
  • Jan 9, 2007 3:26pm Jan 9, 2007 3:26pm
A roundtrip trade on the EUR/USD will cost you about $12.90 for a standard lot - approx 1.3 pips. Add the 1 pip spread your dealing with about a 2.3 pip spread on this pair.
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