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MB Trading Futures - Introduction

  • #441
  • Feb 15, 2007 9:22am Feb 15, 2007 9:22am
Quoting bigzz
Question about the stop-limit order

If the prices jump and pass the stop-limit order range, does the stop-limit order still active as an open order or it cancelled automatically?

BTW,Justin
Take a rest if you feel tired. The money cannot buy health. Take care.
Hi bigzz ~

Thanks for the advice....I'll try to put some time aside next week for rest

With regards to Stop-Limit orders; they do not cancel automatically if the market moves through the price, they will remain pending.
  • #442
  • Feb 15, 2007 9:28am Feb 15, 2007 9:28am
Quoting Munch_Munch
I won't be able to make it unfortunately, won't be able to get my travel documents ready.
That's too bad.

Well if anyone is going to be at the NY show this weekend, come by and introduce yourself to me, I'll be over at the 3DFX booth.
  • #443
  • Feb 15, 2007 1:37pm Feb 15, 2007 1:37pm
Quoting jleblang
Hi bigzz ~

Thanks for the advice....I'll try to put some time aside next week for rest

With regards to Stop-Limit orders; they do not cancel automatically if the market moves through the price, they will remain pending.
Paper trade:
Current price: 1.1100
Setup Stop-limit order: Go Long, Stop buy at 1.1110, with limit 1.1115, intend to fill the order between 1.1110 and 1.1115.

Price jump(gap) to 1.1150: no order filled, is it right????
Then price go back to 1.1115-> 1.1114->1.113->1.112->1.1111->1.1110 and all the way down to 1.1000
At this condition, is the order filled??
  • #444
  • Feb 15, 2007 2:30pm Feb 15, 2007 2:30pm
Quoting bigzz
Paper trade:
Current price: 1.1100
Setup Stop-limit order: Go Long, Stop buy at 1.1110, with limit 1.1115, intend to fill the order between 1.1110 and 1.1115.

Price jump(gap) to 1.1150: no order filled, is it right????
Then price go back to 1.1115-> 1.1114->1.113->1.112->1.1111->1.1110 and all the way down to 1.1000
At this condition, is the order filled??
Correct; if price goes back down to your stop limit prices, your order will then be filled.
  • #445
  • Feb 19, 2007 6:42am Feb 19, 2007 6:42am
Quoting jleblang
WTB ~

4) With regards to PAMM - Not this moment, but it is in beta and should be released very very soon.
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hi jieblang, so "when" will this beta be released???...any more specific time?
  • #446
  • Feb 20, 2007 2:12pm Feb 20, 2007 2:12pm
Just wanted to make sure i understand the fee structure before i fund my newly opened account:
if I buy 2000 (.2 mini lots) of eurjpy, i'd pay:
0.00005*1.314(eurusd rate)*2000= 0.1314 for opening the position and the same amount for closing.
Is that correct? Thanks!
  • #447
  • Feb 21, 2007 3:05pm Feb 21, 2007 3:05pm
Quoting gidnoa
Just wanted to make sure i understand the fee structure before i fund my newly opened account:
if I buy 2000 (.2 mini lots) of eurjpy, i'd pay:
0.00005*1.314(eurusd rate)*2000= 0.1314 for opening the position and the same amount for closing.
Is that correct? Thanks!
Hi Gidnoa,

Yes, this is correct.

I typcially would just do this:

$5.00 = 10 lots
$0.50 = 1 lot
$0.05 = .1 lot

.05 (commission for two micro lots) * 1.3140 * 2 (how many lots) = .1314

Hope this helps.
  • #448
  • Feb 21, 2007 4:46pm Feb 21, 2007 4:46pm
Hello

Its possible to use MT4 using EFXgroup's price feed as a charting software and place orders through Forex Pro trading software?

Note that Im not interested in using any EA , just want to use MT4 alert functions to notify me when I need to place an order.

Thanks
  • #449
  • Feb 21, 2007 8:10pm Feb 21, 2007 8:10pm
Quoting jleblang
Hi Gidnoa,

Yes, this is correct.

I typcially would just do this:

$5.00 = 10 lots
$0.50 = 1 lot
$0.05 = .1 lot

.05 (commission for two micro lots) * 1.3140 * 2 (how many lots) = .1314

Hope this helps.
It sure does! my check is in the mail....
  • #450
  • Feb 21, 2007 9:31pm Feb 21, 2007 9:31pm
hello Justin,

any plans to offer other methods for funding/withdrawal? i'm looking forward to that..
  • #451
  • Feb 22, 2007 9:41pm Feb 22, 2007 9:41pm
hi Justin,
Is there a way to add a trailing stop to a pending order?
e.g, a stop+tto order to long 1 lot eurusd for 1.313 with sl 1.31 and tp of 1.318 where i wanna trail my stop before the order is executed (asleep during london....). i watched the webminar and played with the platform but can't seem to figure this out.
Thanks!
  • #452
  • Feb 23, 2007 3:54pm Feb 23, 2007 3:54pm
Quoting kihl
Hello

Its possible to use MT4 using EFXgroup's price feed as a charting software and place orders through Forex Pro trading software?

Note that Im not interested in using any EA , just want to use MT4 alert functions to notify me when I need to place an order.

Thanks
Hi Kihl,

No I'm sorry, it is not possible to use any function of MT4 with our price feed at this time.
  • #453
  • Feb 23, 2007 3:55pm Feb 23, 2007 3:55pm
Quoting gidnoa
It sure does! my check is in the mail....
Great...I'm glad to hear that.

Remember, you may contact me personally at [email protected] anytime.
  • #454
  • Feb 23, 2007 3:57pm Feb 23, 2007 3:57pm
Quoting richy
hello Justin,

any plans to offer other methods for funding/withdrawal? i'm looking forward to that..
Hi Richy,

Yes, but not sure on the release.....PayPal will probably be the option though we offer though.
  • #455
  • Feb 23, 2007 7:55pm Feb 23, 2007 7:55pm
Quoting jleblang
Hi Kihl,

No I'm sorry, it is not possible to use any function of MT4 with our price feed at this time.
Do your alternative tradestation charting service use EFXgroup's price feed or third party?
Im very interested in opening an account with EFX but there is no charting feed in your trade station software. Everyday I check up your site for the release of project Omega for demo testing it.
  • #456
  • Feb 24, 2007 3:17pm Feb 24, 2007 3:17pm
Hi Justin,

Could you please add a "one click order" function to the trading platform. Currently GFT have this function so scalpers or news traders can enter the market immediately, with out wasting time with order comfirmation.

thanks,
Trader
  • #457
  • Feb 25, 2007 12:46am Feb 25, 2007 12:46am
Quoting traderandreas
Hi Justin,

Could you please add a "one click order" function to the trading platform. Currently GFT have this function so scalpers or news traders can enter the market immediately, with out wasting time with order comfirmation.

thanks,
Trader
it is already there ! go on preferences order entry and uncheck confirm order placement and confirm order cancellation
  • #458
  • Feb 26, 2007 2:12pm Feb 26, 2007 2:12pm
Quoting gioviforex
it is already there ! go on preferences order entry and uncheck confirm order placement and confirm order cancellation
This is correct, see example screen shot please;
Attached Image
  • #459
  • Edited 5:19pm Mar 2, 2007 12:03pm | Edited 5:19pm
I just wanted to give kudo's to EFX.

I have been trading with several different brokers for the past year, but have since started with EFX.

Stan introduced EFX to me about 3 months ago, but I have been very reluctant to a quick change. I finally made the change - and I am in heaven.

I have had no problem with fills or price/entry slippage, and the spread is killer.

You do pay some commission, so you have to be a money manager to make sure you at least break even if your a short trader/scalper.

Thank you Justin for being very patient with my many emails to you.

If Justin is a reflection of what this Company stands for, it is going to be a pleasure doing business.

Thanks EFX, Justin, and Stan!

Ken
  • #460
  • Mar 4, 2007 2:55pm Mar 4, 2007 2:55pm
Justin if i have 2 forex account and im login to one of them can i switch to the other account within the platform or do i need to log out first to switch to the other account? this will be the navigator platform.
If I Go Broke Trying Then I Will die happy.
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