is this normal? are brokers honest? trades don't close at tp

Hello,

I would belive that this can happen, for sure, but 5 trades in a row on the same dame? I don't sorry I really can't bevlive it? is this normal? can you suggest me a broker that dosen't make this? isnt this to be disonest? will you belive the trade was not going to be close if it was SL?

I have attach a screenshot, the price reached 0.75201 and my TP was 0.75200

On a different broker the candle reached 0.75001 ???

can someone help me understand this? am I missing anything?

thank you

Do you understand the difference between bid and ask ?


P.S. it would help if there was a price scale on your screenshot

sorry, I might have not explain well, the issue is not that, how can in have so many trades the price reaches almost the TP and reverse when you have a clear break on other brokers?

as you can read on my first post, on a different broker the low price was 0.75001 , the difference is more than the 1.7 spread I have on the first broker

I am not speaking on one trade, I have being monitoring several trades in several brokers I can post more examples.

and the issue reverses, I mean I have the same issue on the second broker and if I go to the first broker them the better price is where I dont have the trade

price scale on your screenshot , sorry what is that?

I am sorry but something is not right for sure, I have analyse to many trades now.

Few thoughts:

Charts are painted on the BID in MT4, so even if that level broke, price would have to fall an additional ~4 pips (based on your spread in that screen cap) before your order triggered.

Next, you're going to notice it bounce just in front of your orders more often than random noise would account for if you keep placing them right on exact support levels like that (as per your screen cap again.) The time it cleanly breaks through the level and your order is executed quickly is the time when you could have held out for more profit past the level.

In your screen cap, you'll see that the price you set your TP, nearly to the pip, was hit three times leading into that last down movement confirming it was a valid S/R level. If the entire world also sees the same chart, they're gonna pile on the orders right in front of that line to go long, or at least set their TP's on the line as well. Think about it.

I experienced similar problem. During news released when price moving fast, often my orders which on the right direction with the market price, it executed with different price than what I expect, but if my orders were in opposite direction, it executed with the price as I wanted.
The broker also executed Take Profit on price, but executed Stop Loss far beyond the price I want. He said it happened because of the gap.
Is it normal for every brokers? is there any suggestion which brokers execute TP & SL on price during news release?