My GU long from Asia was stopped out. I've been tempted a few times this morning, and I have gone as far as typing entry orders, but I deleted them without setting them. Would have been nice to catch the moonshot by the EJ, but PA started from below ...

Sonic R. System

I think the FXCM anser is obvious: "This is how we're doing it, stupid Americans. If you don't like it, leave!"

NFA - "No more Limit or Stop Loss orders"

Right now you arelooking like the smart money ... you must have been one of those big boys selling out to litle guys like me. Lots of volume, but it looks like that volume may have been distribution in anticipation of a decline rather than ...

Sonic R. System

It happens to me too. I must have missed 100 SonicR entries because I was ready for a short that turned out to be a long or I was waiting for a long but the market went short. That is why I no longer think about whther a pair is going to go up or ...

Sonic R. System

Hi Rastaman, I don't think. I lose money everytime I do. Trading is like sitting on the beach: I just watch the waves and react to them. But right now, I would agree that GU looks to be consolidating. But as Linda Raschke taught in her Chicago ...

Sonic R. System

I'll let you know how it goes for me. 50:1 should not be a problem as I usually use a very small percent of my available margin.

NFA - "No more Limit or Stop Loss orders"

Good Evening Sonikers! Ok, enough chit chit, right Basber!? Here was my GU long this morning which was good for +80 pips, a very nice start to my week, especially as I only traded one day last week and was only +20 for that day. As you can see, ...

Sonic R. System

At the risk of being chit chat ... Congrats to Sonic on reaching page 300 of his thread. Also, I agree with Basber, (yes, again) - I read and re-read this thread. I start at page one and work my way through during some of my study time. When I get ...

Sonic R. System

Thank you, I will open an FXGame account and check them out. Apparently FXCM has given up.

NFA - "No more Limit or Stop Loss orders"

Deuce, did you say you trade with Oanda?

NFA - "No more Limit or Stop Loss orders"

I trade S/R, and use no indicator(s) as a trigger. I would not have the foggiest idea as to how I could automate what is a 100% discretionary approach. The easiest solution will likely be to move to a different dealer.

NFA - "No more Limit or Stop Loss orders"

But do you see that it may be worse than it sems to you for someone who does not have the ability to rewrite code as you do?

NFA - "No more Limit or Stop Loss orders"

Sonic, If you mean that I am not explaining it properly, please let me know how I can explain it better. I do not want to lead anyone astray. Thank you, ddaytrader

Sonic R. System

Well, good for you, but the fact that you re-wrote some API code would indicate that you and I trade differently, and I assume you are using MT4 whereas I am using FXCM Trade Station (though I may be wrong about you and MT4). I'm glad it is going ...

NFA - "No more Limit or Stop Loss orders"

That is interesting, isn't it? I gues each dealer will roll out its implementation in its own way. FXCM decided to do it with a wrecking ball.

NFA - "No more Limit or Stop Loss orders"

Perhaps existing positions are being grandfathered in under the old rules?

NFA - "No more Limit or Stop Loss orders"

But this is FXCM convention, and is not typical. Both IB and Infinity will show all orders in an open order screen. I would prefer a consolidated view of all orders. I am sure FXCM is not aware of any problems as this platform will lead to trader ...

NFA - "No more Limit or Stop Loss orders"

Hi there snusnu, It looks like Sonic sold when EU broke below the rectangle consolidation area. Rectangles, composed of multiple overlapping waves, are, taken as a whole, themselves a wave. It is not always easy too identify the classic SonicR when ...

Sonic R. System

The platform, in a word, sucks. I said I'd give it a month to see if FXCM will do the right thing, i.e. give back the functionality required and make it more intuitive, e.g. forex.com's "if ... then OCO." I do not know that I have the patience to ...

NFA - "No more Limit or Stop Loss orders"

I would check to see if when the daily equity run is printed if the newer position was indeed liquidated. I suspect that FIFO will be applied, and thus the closing trade will be applied to the oldest position when the final accounting is calculated.

NFA - "No more Limit or Stop Loss orders"