Time for the Rocket to blast past last high (1.0450)
In long @ 1.0435, Sl 1.0405, Tp 1.0595
Expect the unexpected.
- #39,144
- Jan 18, 2012 6:48pm Jan 18, 2012 6:48pm
- Joined Aug 2008 | Status: Trader | 3,386 Posts
AUD/USD @ 1.0397
After unemployment data which to me was a load of bollocks (I think it should be well higher) expect some pressure on the downside.
Cross selling may keep a lid on this one for the timebeing.
Test of 1.0335 later on maybe worth a dabble..
Buts thats one of my
plays ..
Good Luck
After unemployment data which to me was a load of bollocks (I think it should be well higher) expect some pressure on the downside.
Cross selling may keep a lid on this one for the timebeing.
Test of 1.0335 later on maybe worth a dabble..
Buts thats one of my
plays ..Good Luck
n'd - out at +1 pip...
- #39,148
- Jan 18, 2012 7:05pm Jan 18, 2012 7:05pm
Anybody got experiences with the following scenarios?
For example, you had a long position open, with a SL at, let's say 1.0410.
The scenario as shown in the picture happens. Would you get stopped out at your 1.0410 as you set it, or below it, because the move was too fast?
Would a pending sell get triggered? Right where you set it? Would it get triggered, but at a far worse ("later") price?
I once had a pending sell, and later when i watched it got filled, but not at the price where i set it. I had a sell open, ~20 pips worse than I set it.
Please tell me your experiences, if you got any, and tried such things
Any way to get your pending orders / SL exactly where you set it?
Depends on Broker?
Any tips?
For example, you had a long position open, with a SL at, let's say 1.0410.
The scenario as shown in the picture happens. Would you get stopped out at your 1.0410 as you set it, or below it, because the move was too fast?
Would a pending sell get triggered? Right where you set it? Would it get triggered, but at a far worse ("later") price?
I once had a pending sell, and later when i watched it got filled, but not at the price where i set it. I had a sell open, ~20 pips worse than I set it.
Please tell me your experiences, if you got any, and tried such things
Any way to get your pending orders / SL exactly where you set it?
Depends on Broker?
Any tips?
- #39,151
- Jan 18, 2012 7:15pm Jan 18, 2012 7:15pm
- Joined Jul 2011 | Status: Heads is a buy. Tails is a sell. | 1,031 Posts
- #39,152
- Jan 18, 2012 7:18pm Jan 18, 2012 7:18pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Anybody got experiences with the following scenarios?
For example, you had a long position open, with a SL at, let's say 1.0410.
The scenario as shown in the picture happens. Would you get stopped out at your 1.0410 as you set it, or below it, because the move was too fast?
Would a pending sell get triggered? Right where you set it? Would it get triggered, but at a far worse ("later") price?
I once had a pending sell, and later when i watched it got filled, but not at the price where i set it. I had a sell open, ~20 pips worse than I set...
fxpro caused me a loss of 500$ in 2 minutes opening a sell stop order in gu 40pips lower my price exactly at the support line, where i had the target, and then price came back in some 10 minutes straight at my loss.
broker will say that on rules agreement you agreed them to open that kind of orders at the immediate price executable.
trust me: forget about that kind of orders.
about stop loss in fxpro if happens a fast move they always fill them at the correct price.
good luck!
90% of traders use TA, indicators and prediction
- #39,157
- Jan 18, 2012 7:26pm Jan 18, 2012 7:26pm
True, they actually do.
They did'nt honour SL back in 2005-2006, they where terrible back then and I switched to FXCM.
Last year I switched back to Oanda when I heard that they honour the SL levels... AND they have very low spreads.
Thanks
