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  • #792,421
  • Apr 29, 2013 1:35am Apr 29, 2013 1:35am
Hello fellow traders,

Hope things are going good for you.

I have a clarification. One of my friend placed a SELL pending order in E/U at 1.29906 but he says that the order was executed at 1.29916. Is it possible to happen this way in a pending order??

Thanks in advance !!!
  • #792,422
  • Apr 29, 2013 1:35am Apr 29, 2013 1:35am
Quoting JediTradeWar
WhooHoo short now 3065 (drool)
Not a correct time to short.
15 mins 100 & 200 MA stuck @ last friday pivot
You cannot learn better without losing
  • #792,423
  • Apr 29, 2013 1:40am Apr 29, 2013 1:40am
Quoting FX Tsunami
Hello fellow traders, Hope things are going good for you. I have a clarification. One of my friend placed a SELL pending order in E/U at 1.29906 but he says that the order was executed at 1.29916. Is it possible to happen this way in a pending order?? Thanks in advance !!!
Yup! If the market is too much volatile and if it makes spikes like 50 pips sudden drop or rise then the broker may get a couple of second lag which result in such situation!

last week My order got triggered and same time closed with 60 pip profit due to spike in GBP/USD
  • #792,424
  • Apr 29, 2013 1:49am Apr 29, 2013 1:49am
Quoting namitak007
{quote} Yup! If the market is too much volatile and if it makes spikes like 50 pips sudden drop or rise then the broker may get a couple of second lag which result in such situation! last week My order got triggered and same time closed with 60 pip profit due to spike in GBP/USD
Thanks mate.

BTW, congrats on 60 pips
  • #792,425
  • Apr 29, 2013 1:50am Apr 29, 2013 1:50am
Quoting FX Tsunami
Hello fellow traders, Hope things are going good for you. I have a clarification. One of my friend placed a SELL pending order in E/U at 1.29906 but he says that the order was executed at 1.29916. Is it possible to happen this way in a pending order?? Thanks in advance !!!
sell stop ? it's just 1 pip slip & it's positive slip why your complaining ?
Mohan
  • #792,426
  • Apr 29, 2013 1:51am Apr 29, 2013 1:51am
Quoting Likerty
SOld EURUSD at 3049 for 2990's and 2950 later and long $USDCAD at 1.0162, targeting 1.0300
UCAD doesnt look good for longs... My SL's are at 0149. If it bounces from here I'll look to close my entries with smaller loss..
Next buying area at 1.0100/95
69
  • #792,427
  • Apr 29, 2013 1:55am Apr 29, 2013 1:55am
Quoting mohan76
{quote} sell stop ? it's just 1 pip slip & it's positive slip why your complaining ?

I ain't complaining. I wanted to know whether it happens in a pending order. Clarifying something that is unknown is good rather than assuming it for myself.

And I was wrong about the values. He placed it actually at 1.29916 and it got executed at 1.29906.
  • #792,428
  • Apr 29, 2013 1:57am Apr 29, 2013 1:57am
Quoting FX Tsunami
Hello fellow traders, Hope things are going good for you. I have a clarification. One of my friend placed a SELL pending order in E/U at 1.29906 but he says that the order was executed at 1.29916. Is it possible to happen this way in a pending order?? Thanks in advance !!!
that's not very cool, commonly most stops if sell are activated abit later if slipped means lower entry, and higher if buy, higher entry. Meaning if market dived to 1.2960, and u have a sell stop @ 1.29906, normally activated much like 1.2980 if there happened to be a quick 1 sec number dive down to the next tick.

For buy stop like 1.5305 on gbp, then slipped to 1.5335 because of volatility and news impact. Hardly, i come across it to be + for sell stops.

Unless, the market tick already went to that 1.2990 or 1.2989, then returned back, and there's a delay for getting the quote and thus a re-quote and slipped to the next possible 1.29916 that your friend received. But like what mohan said, its just 1 pip better than those stop losses slipped pass 30-100 pips or stops order slipped like 30 pips.

Since the purpose is to activate a sell at that 1.29906, even if its 1.29916, it's the same. Because most liquidity provider may also provide some quotes around there. If your friend blame on " Sharp entries ", he must learn that all brokers have different feeds and candles so despite using horizontal lines, try to put away from the s or r by a few pips at least, if using stops orders just to avoid getting bounced back by limits areas. If he really want to sell lo for breakout, he should and can try sell further lower under support or by a few pips at major breakout point, not too near support area.
  • #792,429
  • Apr 29, 2013 1:58am Apr 29, 2013 1:58am
Morning fellas.

I may look to add shorts above 1,307x for a 1,299x target if PA agrees

EDIT : i'm already excited about this week
COT: The precious data ignored
  • #792,430
  • Apr 29, 2013 2:00am Apr 29, 2013 2:00am
Quoting FX Tsunami
{quote} I ain't complaining. I wanted to know whether it happens in a pending order. Clarifying something that is unknown is good rather than assuming it for myself. And I was wrong about the values. He placed it actually at 1.29916 and it got executed at 1.29906.
so its a lower entry, that's very very very very normal while using brokers. Live with it.
  • #792,431
  • Apr 29, 2013 2:04am Apr 29, 2013 2:04am
Quoting WhiteHorse
. {image}
I expect eur to go up because the previous trend was bullish, so it makes sense that eur continues the bull trend.
  • #792,432
  • Apr 29, 2013 2:10am Apr 29, 2013 2:10am
Quoting Likerty
{quote} I did actually (at 5516).. Considering 1.5560 as a sweet spot to target 5360..
Out of longs at 5526 and 5534, maybe will reenter on a retracement to target 5550's?
69
  • #792,433
  • Apr 29, 2013 2:11am Apr 29, 2013 2:11am
took a long EU at 3054...5 hours ago..finally hit my +20 pips and got out for now. my target was 3084 but I decided not to press my luck lol
  • #792,434
  • Apr 29, 2013 2:12am Apr 29, 2013 2:12am
Quoting 5percent
{quote} so its a lower entry, that's very very very very normal while using brokers. Live with it.
Well yeah. That's not a problem I just wanted to check about it.

Thanks
  • #792,435
  • Apr 29, 2013 2:13am Apr 29, 2013 2:13am
Quoting Likerty
{quote} Out of longs at 5526 and 5534, maybe will reenter on a retracement to target 5550's?
That's where the daily is heading.

Above it, sellers should be there for a heavy move down.

Not trading that crap but that's what i can see

And i'm still waiting for a short EU
COT: The precious data ignored
  • #792,436
  • Apr 29, 2013 2:13am Apr 29, 2013 2:13am
Quoting Likerty
{quote} Out of longs at 5526 and 5534, maybe will reenter on a retracement to target 5550's?
5570 waiting reaction there too. 5550 too.
  • #792,437
  • Apr 29, 2013 2:16am Apr 29, 2013 2:16am
3078 short
looking for investors . pm me
  • #792,438
  • Apr 29, 2013 2:17am Apr 29, 2013 2:17am
Crude and Gold @ be
  • #792,439
  • Apr 29, 2013 2:17am Apr 29, 2013 2:17am
Quoting 5percent
{quote} 5570 waiting reaction there too. 5550 too.
I have a "perfect" short setup at 5560 for 5360, and later long 5360 for 5690
69
  • #792,440
  • Apr 29, 2013 2:18am Apr 29, 2013 2:18am
Quoting kbmoonshinex
3078 short
Look like a girl, act like a lady, think like a man and work like a dog.
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