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- MelbTrader replied Apr 2, 2012
Buy and sell stops are not being triggered today, at least for me. I know there has just been a swap over but this is never excusable. But I do appreciate that GO informed us this time around about the change of liquidity providers, and that they ...
- MelbTrader replied Mar 25, 2012
That thread is useful, but it seems it's "Close all" scripts are designed to work independently. Just to be clear, I don't want an EA to close all orders, I want to tell my Current EA how to close multiple orders at once.
- MelbTrader replied Dec 26, 2011
Another tremendous fail from GO today. Opens it's doors with a EUR/USD spread of 80 pips and thus slippage of the same magnitude, blowing up trades either side. Maybe this sort of cynical manipulation of the spread will book them a few stops in the ...
- MelbTrader replied Dec 14, 2011
Looks like there is strong support below 1.29. Tipping a move down to there and then possibly some range action before another move down.
- MelbTrader replied Dec 12, 2011
bouncing then. Now we'll see if it's temporary or if it's going to go all the way back to the upper trendline again
- MelbTrader replied Dec 12, 2011
If 250 goes we might finally close that gap. alternatively if it holds the line we'll get a bounce.
- MelbTrader replied Dec 12, 2011
'thus far' are the operative words however
- MelbTrader replied Dec 12, 2011
Holding above the lower trendline of the channel thus far
- MelbTrader replied Dec 9, 2011
And once again price retreats from within spitting distance of my TP. I'm beginning to see a pattern here.
- MelbTrader replied Dec 9, 2011
I often do. But I also have an irrational mental bias whereby I figure if I set a stop at break even I might as well have never entered the trade in the first place, and if I set a stop in profit, I might as well have taken profit at that level.
- MelbTrader replied Dec 9, 2011
The worst times in forex trading are when your trades get within spitting distance of their TP, and then move sharply against you...and you didn't cover. You keep waiting for it to resume it's direction but it never does, just keeps going against ...
- MelbTrader replied Dec 9, 2011
Bearish below 1.338 Targeting at least 1.324. Seems like it might zig zag it's way there though.
- MelbTrader replied Dec 8, 2011
Nope, holding for now. What's worse is that my original TP was hit had I not adjusted it down to account for slippage when the order was triggered.
- MelbTrader replied Dec 8, 2011
that'd be right, bounce within 2 pips of my TP ohwell, such is forex trading
- MelbTrader replied Dec 8, 2011
could take some time to crack 1.33. Might see a bounce first
- MelbTrader replied Dec 5, 2011
50% fibo from 1.321 isn't giving up without a fight
- MelbTrader replied Dec 5, 2011
To anyone who knows, is scalping like this actually a reliable strategy? It just seems entirely unlikely to me that one can make trade after trade of profit like this without loss and without using a stop loss. I often see people pop up on this ...
- MelbTrader replied Dec 5, 2011
Was fortunate my TP was hit overnight (Australia here) at 480. I then wake up to find my sell at 1.34 triggered. Lets see if there's more downside to go.
- MelbTrader replied Dec 4, 2011
babypips is quite a useful site for the initiate, but a lot of people scoff at it given it's name when told about it. more the loss for them.
- MelbTrader replied Dec 4, 2011
Huge spreads during events like payrolls are common, but they aren't supposed to happen before news has even been released.