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- dragoncat replied Jul 8, 2008
hi JamesCZ, I spend my weekends going through old data and back testing my system & signals before I put them to use, and I make sure they reach more than 1:1 risk/reward (limit:stop) ratio, and the accuracy have to be above 90% before i put them to ...
Cable Update (GBPUSD)
- dragoncat replied Jul 8, 2008
i'm sure these brokers makes tonnes of money anyway, if you click your order, and the price moved in your favour, they reject your trade, but if it moved against your favour, they give you the old price, and on your take profit level, if it slipped ...
Cable Update (GBPUSD)
- dragoncat replied Jul 8, 2008
I too believe banks & brokers will just accept your trade themselve unless these orders are above $1 million or so, otherwise it's not worth their time, and I believe this is where they make most of their money from retail traders..
Cable Update (GBPUSD)
- dragoncat replied Jul 8, 2008
sorry just noticed on #15 I supposed to mean short term "BEARISH" on dollar, coz in case we haven't noticed, I'm actually shorting the USD.. haha.. open pos USDJPY 50% of #15 short 107.1 SL 107.3 (+65pips currently)
The Cat's Journal
- dragoncat replied Jul 8, 2008
yeah, as i said, it's partly my fault to have the stop there, i should have left it out completely and done it manually, but having said that, it doesn't change the fact that my broker is a bastard...

Cable Update (GBPUSD)
- dragoncat replied Jul 8, 2008
hi white_tiger, yeah when signing up the account, they mentioned about slippage, and i remember clearly they said slippage will also apply in "my favour" and I remember I laughed right out then "yeah right!" but come on, as i said, they slip my stop ...
Where to file complaints and/or claims against brokers?
- dragoncat replied Jul 8, 2008
if they really do intentionally do these kind of stuff, even after all those money they make with people blowing their accounts, then they deserve to burn in hell.. haha i'm not too worried, still making a lot shorting JPY, just could've been 60pips ...
Cable Update (GBPUSD)
- dragoncat replied Jul 8, 2008
another chart shows the low at 9708 but at 2:15, i got stopped out at 2:45.. my broker's feed shows 1.97099, 0.1 pips below my stop, how's that sounds?
Cable Update (GBPUSD)
- dragoncat replied Jul 8, 2008
my long got stopped out at 2:45 by my broker at 1.9710, those bastards, none of the feeds shows this price
Cable Update (GBPUSD)
- dragoncat replied Jul 8, 2008
AMAZING, just checked the fxcm data, the low of the GBPUSD was at 1.97099, just 0.1pips below my stop, this is what I call a stop hunt! but it's partly my fault to have the stop there anyway... but then netdania's feed's low was 1.9713 in that 30 ...
The Cat's Journal
- dragoncat replied Jul 8, 2008
the platform just came in to stop my GBPUSD out @ 1.9710 (-34pips), should really refrain from putting in stop losses in the platform, instead manually close the position when the price does come down, slightly more risk from missing out, but at ...
The Cat's Journal
- dragoncat replied Jul 8, 2008
open pos USDJPY 50% of #15 short 107.1 SL 107.3 GBPUSD long 1.9744 SL 1.9710
The Cat's Journal
- dragoncat replied Jul 8, 2008
big volatility seen with the eur pairs but clearly there's support, went to as low as 1.9733, 3 pips before stop, so now stop moved below 50% fibo @ 1.9710 to prevent stop hunt, *** GBPUSD stop moved to 1.9710 *** USDJPY closed 50% @ 106.86, stop ...
The Cat's Journal
- dragoncat replied Jul 7, 2008
*** GBPUSD C2 long 1.9744 SL 1.9730 08JUL 13:55 *** USDJPY C2 short 107.10 SL 107.30 08JUL 14:30 short term bullish on dollar
The Cat's Journal
- dragoncat replied Jul 7, 2008
*** closed #2 finally, @ 0.9536 8JUL 02:20 (75 pips profit) trade again tomorrow too bad missed the chance to sell at 0.9570, but there's always tomorrow.. closed pos CB USDJPY -7.4pips CM AUDUSD +85pips EURUSD -27pips C2 EURUSD - 8pips total + 42.6 ...
The Cat's Journal
- dragoncat replied Jul 7, 2008
hi shrike, thanks for your reply, I had a read through of that page, looks like it's a long process, I guess that's why these company get away with it, I think it's something that I won't have time to deal with right now, although I hate to let them ...
Where to file complaints and/or claims against brokers?
- dragoncat replied Jul 7, 2008
just finished my dinner, AUDUSD broke thru 0.9571 and fell for another 20ish pips, but still can't move the stop loss, so just wait and see what happens... open pos 50% of #2 short 0.9611, SL 0.9588 currently +55pips (locked in 23 pips) probably ...
The Cat's Journal
- dragoncat replied Jul 7, 2008
AUDUSD should be trapped with 0.9571 & 0.9582 for the next hour until 20:30, break either way should set the trend moving in that direction (needs confirmation of coz), but I'm more hungry for food, so I'll going out for dinner, if I miss the ...
The Cat's Journal
- dragoncat replied Jul 7, 2008
hmm.. netdania was down since 16:30 for 45 min and all the signals are coming up crazy now, and i don't esp. trust the charts from fxcm now, so better get something to eat instead, will short audusd if i see chance and if it continues the trend ...
The Cat's Journal