EURUSD

Thankyou, doing well, though still working fulltime so have to get screen time as and when but building my acc steadily...good scalp by the way

Well said mate, anyway what are they doing here, this is not a commercial thread, isn't it?

usdx up

she starts to tank

Draghi was correct! Euro-zone is too big to fail?

meanwhile eurox...indecisive

good to hear that
its all about acc size in this game

Super Mario is never wrong!!!

check the performance of the euro in last 3 december's you will come to know. only contrary this time around is the cable which usually falls this time of the year. but it is stuck as a a dead chicken

Yes absolutely, it gives you more options (pardon the pun) the larger it is

Hi Schickeria,

I'm happy to go over that with you.

If you are trading with the momentum of the market, and therefore by definition in the direction of least liquidity, then re-quotes are an inescapable fact of life that everyone has to deal with, from the busiest InterBank desks to the smallest retail trader. Having said that, re-quotes are dependent on your trading style. If you are buying in a rising market, that is buying when everyone else is trying to buy, or selling in a falling market, you will regrettably get more re-quotes.

Consequently, when attempting an instant execution order you may be re-quoted within a few seconds (and in the case of a pending order you may experience slippage). Orders are never guaranteed because if volatility is high, prices can be missed and we may not be able to obtain a quote for you at the price you requested. Orders are also sometimes filled away from the desired price due to gaps in the market. This occurs because currency prices can sometimes be very volatile or liquidity can be thin.

To put it quite simply, this is just the physical enactment of the Laws of Supply and Demand.

The only current alternatives are Direct Market Access Accounts (DMA). We at Alpari (UK) refer to this as a Pro account.

The basic difference here is that prices are not held static (for a few seconds) like non-DMA accounts, they constantly change. Orders are sent on a Fill or Kill basis where although you can avoid re-quotes, the risk is not getting a trade in (or out) at your preferred price at all. DMA accounts however do charge a commission (in lieu of spread) for each trade that you place.

To minimize re-quotes on non-DMA accounts:

1. "Enable the maximum deviation for quoted price" checkbox and set it above 10. This implies the max deviation is just 1 pip. To prevent re-quotes during volatile trading times, you may want to set the max deviation between 10 to 40 points (1 to 4 pips).

2. If you use an MT4 indicator to detect spread widening, please make sure that your indicator is configured for the 5 decimal pricing system that we use. Otherwise a 3 pip spread-widening will be shown as 30 pips by the indicator.

3. Another thing to consider is your internet connection to our servers. Test your latency by pinging the Alpari trading servers or just ping alpari.co.uk. If your latency is high (higher ms numbers), then this is one of the factor causing your orders to be re-quoted.

For example, let's say a client is complaining about re-quotes. He gives us an account number and we pull the logs. We find that we received his order at let's say, 9:01:11 and sent the execution back at 9:01:12, so less than a second. He claims it took two minutes and was requoted. Now, his logs showed that the order was placed by him (manually) at 8:59:50. So, yes, assuming all timestamps are correct, that looks like 2 minutes, but we can clearly see that from the time it was received on our end until the time of execution it was barely only a second, hardly a bad time.

Our main aim is to provide efficient service and we pride ourselves in customer satisfaction, during and after opening an account. We encourage our clients to approach us should they at all experience any specific issues. Please feel free to contact our team on live-chat, via email or on +44 (0) 207 426 2900. We're here to help.

Ich wünsche einen schönen Tag!


Alex


________
Alexander Chadwick
Alpari (UK) Representative

2009,2010,2011 average was down but OK!

Is this a prank?

are you in our out ATM

I am out of here...

Out now, I took a short on ftse before the open based on my strategy and a small short on EU at R2...now off to fix toilets and tile walls uurggh

Reported as promotion

Techs drawing algo demand in EUR/USD. Stops seem to be on 1.3750-55 area. My bias is to the upside. Support levels are 1.3680 and 1.3660-1.3650

Yeah, I look forward to enjoying the January!

I hope all your corners are square