UPDATE on 25th of April, 2007 -------------------------------------------- Short GBP/USD at 2.0042 at 9:33 GTM +6 pips Sorry for the late entry, i saw a nice opportunity to enter after the news, in the opposite direction, price was very indecisive ...

A Trading Experiment

I hope this thread provides good experience for everyone who reads it. It has cetrainly tought me a lot.

250 pips slippage on Currenex - ODL Securities

Long GBP/USD at 2.0025 at 15:15 GTM Out, +20 pips, don't want to push it... although it might be a good longer term trade

A Trading Experiment

I just forwarded all of the details to currenex. They have said, as one would expect, that the trades are valid. That's exactly why i feel like we would be fighting a lost cause. The contact at currenex was very polite and understanding though. Best ...

250 pips slippage on Currenex - ODL Securities

Hey TrunkMusic, 10pip TP and 60pip SL is a first red flag which i see. If the win/loss ratio is very high, it could work. Make sure you use sound money management, risking 2% on each trade, would give you around 0.3% profit per trade. One day, you ...

Did I just create my own very simple system?

I still don't understand why people doubt that my story is real, when another guy on the forum, who turned out to be a couterparty to my trade, made a confirming entry before i started this thread. I do not enjoy having a 30k loss. It's a LOT of ...

250 pips slippage on Currenex - ODL Securities

Hey Jack, First of all i wish you all the best. Hopefully someday soon you will reach your 1000$ a week target. I have a quick question about the AUS trade. Did you take it before the CPI was released? Was it more of a gamble or did you have some ...

JB's 100 Pips per trade Journal

I'm considering reporting to the FSA. However various people have told me that ODL is within "legal" zone. 30k is a lot for me, and i few other people i know lost close to that (10-20k) We might do something collectively. I'll update as things ...

250 pips slippage on Currenex - ODL Securities

P.S closed half for 35 pips so far, don't like that spike down from yesterday P.P.S closed all for 30 pips overall profit. Something just does not feel right, i might be wrong ofc P.P.P.S I just decided to take a riky short on a demo account. I'm ...

A Trading Experiment

Just went long on gbp/jpy 237.45 Looks good so far ))

A Trading Experiment

Point a) Slippage might occur when you are traded an exchanged product, however, an off-market fill can not. Again, because you're trading the market. Point b) I love you phylosophical approch, it reminds me of a braveheart movie. Point c) There is ...

250 pips slippage on Currenex - ODL Securities

News Trade: AUD/USD Manual Short at 0.8298 Exit at 0.8273 Early exit due to large volotility in price. Bulls and Bears fighting at .8280s, broker though to 70s, then quickly retraced back to 90s, followed by as fast of a drop. Great opportunity to ...

A Trading Experiment

Great post. In regards to EAs, yes, they can work, the question is for how long? Best regards, Vlad Zapletin

The Evolution of a Trader

Trades today: GBP/JPY Long at 237.59 at 12:24 GTM -25 pips moved stop loss closer as the trade wasn't looking too good. The trade soon turned around, so it's not the greeatest decision. GBP/JPY Long at 237.68 at 14:15 GTM +12 pips Seemed like a good ...

A Trading Experiment

I did not know that. Interesting

250 pips slippage on Currenex - ODL Securities

Yes turbo, i get what you're saying. But people could have stop losses or standing orders which could be affected. You've got te feel sorry for them?! Best regards, Vlad

250 pips slippage on Currenex - ODL Securities

Oh yes, about Currenex. First of all, i've called them, and informed them of what has happened. All they did was contact ODL, and then told me to speak to ODL Directly. I've called currenex another time, this time trying to get the couterparty ...

250 pips slippage on Currenex - ODL Securities

Let me give you guys an update on how this played out. In the end, Turbo got to keep my pips, and i've concluded that there is nothing i can do to get my money back. Do i think ODL acted honestly and professionally? NO! I've called ODL on friday, ...

250 pips slippage on Currenex - ODL Securities

Chaos, that's an interesting subject. It seems quite reasonable that a lot of the time, market is "chaotic" in the scientific sense of the word. however, there are clearly times, when market is behaving in much simpler ways. in every market, there ...

How many of Technical Analysis based systems are junk?

I remember one night, sitting in front of my Laptop, waiting for a Interest Rate statement from Japan. It's a tentative report, so nobody knows when it's going to come out. So we have all these traders with itchy trigger fingers. My audio news feed ...

How many of Technical Analysis based systems are junk?