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MB Trading Futures - Introduction

  • #2,121
  • Jun 8, 2008 10:35pm Jun 8, 2008 10:35pm
Quoting jleblang
Is this Live or Demo?

Did you contact our support desk? 866.558.3342 or [email protected].

This is a live account. I will contact the support desk.
  • #2,122
  • Jun 9, 2008 11:26am Jun 9, 2008 11:26am
Quoting Bantu
This is a live account. I will contact the support desk.
Bantu,

Were you able to receive support for this issue?
  • #2,123
  • Jun 9, 2008 12:29pm Jun 9, 2008 12:29pm
Hey Justin,

Is it possible to place OCO orders? or will I have to sit in front of my pc to cancel the orders?

Happy Pippin'
KC
  • #2,124
  • Jun 9, 2008 12:37pm Jun 9, 2008 12:37pm
Quoting kc8flq
Hey Justin,

Is it possible to place OCO orders? or will I have to sit in front of my pc to cancel the orders?

Happy Pippin'
KC
kc8flq ~

We do have an order similar to OCO called TTO (Threshold Trigger Order), whereas one order will cancel the other, but this is for stops and targets only.

Example Screenshot: Market + TTO

Go long at Market with a stop (lower trigger) and target price (upper trigger), whereas one will cancel the other.
Attached Image (click to enlarge)
Click to Enlarge Name: market + TTO.png Size: 68 KB
  • #2,125
  • Jun 9, 2008 12:47pm Jun 9, 2008 12:47pm
I see that part of it, but if I have an open order that hits the TP before my 2 or 3 other pending orders are hit then that negates those pending orders and I want them cancelled, so I guess I have to sit in front of the pc, or at least check every so often.....

But it's something to consider for updates for MBT.....

Happy Pippin'
KC
  • #2,126
  • Jun 9, 2008 12:57pm Jun 9, 2008 12:57pm
Quoting kc8flq
I see that part of it, but if I have an open order that hits the TP before my 2 or 3 other pending orders are hit then that negates those pending orders and I want them cancelled, so I guess I have to sit in front of the pc, or at least check every so often.....

But it's something to consider for updates for MBT.....

Happy Pippin'
KC
I believe there is a Limit/Stop Limit + TTO you can use for your pending orders.
  • #2,127
  • Jun 9, 2008 1:11pm Jun 9, 2008 1:11pm
Quoting kc8flq
I see that part of it, but if I have an open order that hits the TP before my 2 or 3 other pending orders are hit then that negates those pending orders and I want them cancelled, so I guess I have to sit in front of the pc, or at least check every so often.....

But it's something to consider for updates for MBT.....

Happy Pippin'
KC


Hello Kc8flq



Pleased read the information on Mbtrading website in regard to the orders and you will understand a lot better. Charlinks is right you can use combo orders which might be a better solution for you.


http://www.mbtrading.com/fx/orderTypes.asp



Enjoy your reading.
  • #2,128
  • Jun 9, 2008 5:10pm Jun 9, 2008 5:10pm
Thanks for all the responses, but they still don't answer the question.
Maybe a couple pics would help to ask it in a way that everyboody will understand better.

In the first pic, its the EurUsd from this morning, I entered short @1.5718, and then entered 3 pending orders, 1 to short @5765, 2 to short @5795 on a retrace if it happened to retrace BEFORE hitting my first TP of 5639, the 161 fib of the current swing. But since it didn't retrace, it just went straight to my TP, I NEED to cancel those 3 other orders, orders 2-3-4 before they get filled.

On the second chart as you can see, price did retrace and fill orders 2-3-4. That trade was a mighty nice profit. But those orders didn't need cancelled since the 161 fib hadn't been hit BEFORE they got filled. It all depends on that 161 Fib # after the first lot is filled.
Hopefully this explains what I intended to ask the first time.

Happy Pippin'
KC
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd 1h.gif Size: 34 KB
Click to Enlarge Name: gbpusd 1h.gif Size: 34 KB
  • #2,129
  • Jun 10, 2008 5:32am Jun 10, 2008 5:32am
Quoting jleblang
Bantu,

Were you able to receive support for this issue?
No. I sent an email to the fxsupport desk yesterday June 9, but I have not yet received a response.

The orders were not executed, not yet anyway. I have not traded since. I have been a little busy. Once I get back to trading and the problem persists I will let you know.

Thanks for checking up on me.
  • #2,130
  • Jun 10, 2008 7:13am Jun 10, 2008 7:13am
Hi Justin !

I've opened a live account with EFX and want to know if its right
that we can trade micro lots. (0,10 US$ = 1.000 US$ trading value)

I think the minimum before was 1 US$ = 10.000 US$ trading value.

Kind regards

Bernhard
  • #2,131
  • Jun 10, 2008 11:27am Jun 10, 2008 11:27am
Quoting behof
Hi Justin !

I've opened a live account with EFX and want to know if its right
that we can trade micro lots. (0,10 US$ = 1.000 US$ trading value)

I think the minimum before was 1 US$ = 10.000 US$ trading value.

Kind regards

Bernhard
Hello behof ~

Thank you for your interest in EFX / MB Trading.

The minimum trade size is .1 lot or 1000 currency units, but in order to place a trade you must keep a minimum of $100 in the account.

Let me know if you have any other questions.
  • #2,132
  • Jun 10, 2008 11:28am Jun 10, 2008 11:28am
Quoting Bantu
No. I sent an email to the fxsupport desk yesterday June 9, but I have not yet received a response.

The orders were not executed, not yet anyway. I have not traded since. I have been a little busy. Once I get back to trading and the problem persists I will let you know.

Thanks for checking up on me.
Have you received a response yet?
  • #2,133
  • Jun 10, 2008 11:35am Jun 10, 2008 11:35am
Quoting profitplay
Justin,

Oanda has a setting that allows the trader to have their trades calculated to the exact percentage that they want when the buy or sell a currency pair. May I suggest that MBT create a setting like this as well, please.

For example, if a trader wants to buy eurusd and use 5% of the total account value it is set in the buy order and then if he wants to buy audjpy the order will still be 5% of the total account value.

Example 2, if a trader wants to do 30% per trade he can change the settings to that too.

Thank you for your time.
Profitplay ~ (sorry this got overlooked)


Our Managed Account Tool is set up by percentage, and you can actually use it for an individual account in the manner that you describe. Contact me for details.
  • #2,134
  • Jun 10, 2008 12:00pm Jun 10, 2008 12:00pm
jleblang: do you have an ETA on the historical data?
  • #2,135
  • Jun 10, 2008 4:36pm Jun 10, 2008 4:36pm
Do you know when the remote trader will be back up? I keep getting MB timeout error.

Thanks
  • #2,136
  • Jun 10, 2008 7:54pm Jun 10, 2008 7:54pm
Quoting shrike
jleblang: do you have an ETA on the historical data?
Its being tested right now and uploaded to our servers - wheels are in motion, but I'm not sure how long it will be to a public launch.

I've been told we are getting very close.
  • #2,137
  • Jun 11, 2008 9:15am Jun 11, 2008 9:15am
Quoting jleblang
Have you received a response yet?
No.
  • #2,138
  • Jun 11, 2008 9:51am Jun 11, 2008 9:51am
Quoting Bantu
No.
Bantu,

It is very important that you please forward the email to me: [email protected].

Be sure to include the email address you sent the original email with and your full name please.

Thank you.
  • #2,139
  • Jun 11, 2008 2:19pm Jun 11, 2008 2:19pm
Quoting jleblang
Bantu,

It is very important that you please forward the email to me: [email protected].

Be sure to include the email address you sent the original email with and your full name please.

Thank you.
Justin,

Just got a response from one customer service representative.

Do you still want me to forward our correspondense?

Regards,
Bantu.
  • #2,140
  • Jun 11, 2008 5:12pm Jun 11, 2008 5:12pm
Quoting Bantu
Justin,

Just got a response from one customer service representative.

Do you still want me to forward our correspondense?

Regards,
Bantu.
Yes, thank you.
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