SL hunting by broker? | Forex Factory

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SL hunting by broker?

  • #1
  • First Post: Jul 28, 2009 1:57am Jul 28, 2009 1:57am
Hi,

I have a newbie question.

Yesterday I experienced a strange thing. I placed a trade on GBPUSD, SL at 1.6437. My spread on this pair is 1 pip... The price went down to 1.6439 and it took my SL out. The price is bid, ask was 1.6440...

Any idea?

Thank you!
Live it or leave it!
  • #2
  • Jul 28, 2009 5:38am Jul 28, 2009 5:38am
Quoting Slurpee
Hi,

I have a newbie question.

Yesterday I experienced a strange thing. I placed a trade on GBPUSD, SL at 1.6437. My spread on this pair is 1 pip... The price went down to 1.6439 and it took my SL out. The price is bid, ask was 1.6440...

Any idea?

Thank you!
I take it you were long? If those quotes were on the broker's chart then have you asked them why your stop was triggered? Was it across data, maybe they widened their spread?

Who are you trading with?
  • #3
  • Jul 28, 2009 9:47am Jul 28, 2009 9:47am
sound like cheating for me, you should be careful next time to prevent case like this,

___________

stoch secret
  • #4
  • Last Post: Jul 28, 2009 12:21pm Jul 28, 2009 12:21pm
Well, I am really sorry guys, but it was my mistake I looked at wrong time so nothing wrong with it, my SL really got hit.

Sorry for wasting your time
Live it or leave it!
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