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  • #4,761
  • Aug 12, 2008 4:36pm Aug 12, 2008 4:36pm
that is bad!

you call that slippage, jesus 90 pips?!? I don't even think on NFP that many brokers even widen their spread that much.

make a complaint!

Quoting gagiul
did anyone had this price slippage for eur jpy at the open of the new candle?

I am so pissed. I was short from 163.39, DIBS trade, and had the stop at 163.91. everything was going well till I saw that I was stopped out and then the price was back where it was a min before.

IBFX said the price was valid. How can it be valid for the price to gap 90 pips and fall back to the normal level in 2 secs? I believe this was more of a stop hunting....
  • #4,762
  • Edited 5:29pm Aug 12, 2008 5:11pm | Edited 5:29pm
Quoting gagiul
did anyone had this price slippage for eur jpy at the open of the new candle?

I am so pissed. I was short from 163.39, DIBS trade, and had the stop at 163.91. everything was going well till I saw that I was stopped out and then the price was back where it was a min before.

IBFX said the price was valid. How can it be valid for the price to gap 90 pips and fall back to the normal level in 2 secs? I believe this was more of a stop hunting....
TradeStation chart didn't even wiggle there-- and neither did Oanda.. That looks like crap to me. It wasn't overall market movement.

I have an old IBFX account and I just checked it. I had the spike too. It's only one bar--even on the one minute chart. Don't settle for that!
  • #4,763
  • Aug 12, 2008 5:37pm Aug 12, 2008 5:37pm
Check this! That's valid?
Attached Image (click to enlarge)
Click to Enlarge Name: spike.gif Size: 23 KB
  • #4,764
  • Aug 12, 2008 7:12pm Aug 12, 2008 7:12pm
It looks like BS to me. My charts (Alpari) had nothing like that; not even close. Looks like a rob-job to me.
Hej.
  • #4,765
  • Aug 12, 2008 9:11pm Aug 12, 2008 9:11pm
Quoting gagiul
did anyone had this price slippage for eur jpy at the open of the new candle?

I am so pissed. I was short from 163.39, DIBS trade, and had the stop at 163.91. everything was going well till I saw that I was stopped out and then the price was back where it was a min before.

IBFX said the price was valid. How can it be valid for the price to gap 90 pips and fall back to the normal level in 2 secs? I believe this was more of a stop hunting....

Did you follow up any with this, don't see how possibly it was valid. I have IBFX as well, and have the spike as well. Looks more like a data glitch. I have caught them on this once before when mysteriously 3 or 4 hours were missing from the chart. a few hours later and the missing time was back.

Rusty
  • #4,766
  • Aug 12, 2008 11:09pm Aug 12, 2008 11:09pm
and i am still free-riding on the eur and my stop loss is @ 1.4874
Attached Image (click to enlarge)
Click to Enlarge Name: eur 8-13-08.gif Size: 17 KB
  • #4,767
  • Aug 12, 2008 11:09pm Aug 12, 2008 11:09pm
Quoting rusty105
Did you follow up any with this, don't see how possibly it was valid. I have IBFX as well, and have the spike as well. Looks more like a data glitch. I have caught them on this once before when mysteriously 3 or 4 hours were missing from the chart. a few hours later and the missing time was back.

Rusty
I wondered about that too..was up 81 pips and took 2 thirds then in a wink it was gone...checked oanda no spike..if that was real money on ibfx i would hit the roof......good thing my little 2 cents were still in action on oanda.
  • #4,768
  • Aug 12, 2008 11:30pm Aug 12, 2008 11:30pm
I am thinking about adding to my position.
  • #4,769
  • Aug 12, 2008 11:39pm Aug 12, 2008 11:39pm
take 2/3 profit and then just free ride the remaining1/3 and if the position reverses on me just go with the de facto downtrend!
  • #4,770
  • Aug 12, 2008 11:52pm Aug 12, 2008 11:52pm
let's see what happens.
  • #4,771
  • Aug 12, 2008 11:54pm Aug 12, 2008 11:54pm
Quoting BUIGO
let's see what happens.
And i am looking at that dibs on eurusd...i am thinking long though for a breakout....who knows...
  • #4,772
  • Aug 13, 2008 12:03am Aug 13, 2008 12:03am
sold eur 1.4920 stop at the top of ib
  • #4,773
  • Aug 13, 2008 12:06am Aug 13, 2008 12:06am
Quoting BUIGO
sold eur 1.4920 stop at the top of ib
Eurusd looks like consolidation to me....hope that short works out
maybe i am being greedy i mean eurjpy was pretty kind earlier
  • #4,774
  • Aug 13, 2008 12:20am Aug 13, 2008 12:20am
at 1.4935
  • #4,775
  • Aug 13, 2008 12:22am Aug 13, 2008 12:22am
let us see
  • #4,776
  • Aug 13, 2008 12:43am Aug 13, 2008 12:43am
Quoting BUIGO
let us see
The 0600 GMT Opens works well on the Usd pairs. Let's see if that 0300 GMT IB can be played of the Open (0600 GMT)
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #4,777
  • Aug 13, 2008 12:50am Aug 13, 2008 12:50am
my body needs to sleep and i believe things will now stay in range mode untill usa opens at 8 am eastern. See you later folks!
  • #4,778
  • Aug 13, 2008 1:10am Aug 13, 2008 1:10am
Quoting jarroo
The 0600 GMT Opens works well on the Usd pairs. Let's see if that 0300 GMT IB can be played of the Open (0600 GMT)
Currently euro is trading above the top of the 3.00am ib. If you wanted to go long could you take a trade when price retraces back to the top of the ib or would you just wait for another ib.
Thanks Jaroo and thanks for your indicator.
Sincere and humble thanks, If.
  • #4,779
  • Aug 13, 2008 1:16am Aug 13, 2008 1:16am
Quoting Oedipus100
Currently euro is trading above the top of the 3.00am ib. If you wanted to go long could you take a trade when price retraces back to the top of the ib or would you just wait for another ib.
Thanks Jaroo and thanks for your indicator.
I would wait for another IB to form. Remember the best situation is when Price breaks the IB and doesn't retrace. So in a way, a retraces after a IB break is telling us that the breakout is not that strong.
Indicators show the past. Price Action "Indicates" the future.
  • #4,780
  • Aug 13, 2008 1:21am Aug 13, 2008 1:21am
Quoting jarroo
I would wait for another IB to form. Remember the best situation is when Price breaks the IB and doesn't retrace. So in a way, a retraces after a IB break is telling us that the breakout is not that strong.
Good point.
Sincere and humble thanks, If.
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