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  • #33,481
  • Mar 27, 2024 5:14am Mar 27, 2024 5:14am
Quoting CableJ
{quote} hmmm.... I use the mini side panel for order entry with market orders + preset tp/sl, and the remaining pending order always auto closes when the other is executed. You can see it notifying in real time that it placed/canceled OCO order. {image}
OK. I use the OE button from the top and modify the sl/tp after position opens. I will try the side panel. Thanks. Going to kick myself it truly this simple.
  • #33,482
  • Mar 27, 2024 7:03am Mar 27, 2024 7:03am
Quoting pipmaster77
{quote} OK. I use the OE button from the top and modify the sl/tp after position opens. I will try the side panel. Thanks. Going to kick myself it truly this simple.
Ok. So the key is place the stop and tp in the original order and it actually generates double the working orders and they are OCO. Will wait until this batch hits profit and see what happens. It simply appears if you modify the order after it opens, those working orders will sit. I'm also assuming if I manually close the order, I will still need to remove the working orders. For the 3 quantower users, I will update later.
  • #33,483
  • Mar 27, 2024 7:34am Mar 27, 2024 7:34am
Our beloved Jessica Ghaney has been up to no good once more. Rumor has it she has been trying to reverse trade prop firms. Tsk tsk.
  • #33,484
  • Mar 27, 2024 9:49am Mar 27, 2024 9:49am
Quoting Takisd
Our beloved Jessica Ghaney has been up to no good once more. Rumor has it she has been trying to reverse trade prop firms. Tsk tsk.
Takisd lately alot of brokers renouncing CIF license, maybe its because of bad reputation cysec has or new regulations in europe obligation to A Book what you think about this
https://www.financemagnates.com/fore...nts-in-the-eu/
  • #33,485
  • Mar 27, 2024 10:25am Mar 27, 2024 10:25am
Quoting pipmaster77
{quote} Ok. So the key is place the stop and tp in the original order and it actually generates double the working orders and they are OCO. Will wait until this batch hits profit and see what happens. It simply appears if you modify the order after it opens, those working orders will sit. I'm also assuming if I manually close the order, I will still need to remove the working orders. For the 3 quantower users, I will update later.
Yes, so if you add sl and tp when creating original order, it will OCO the working orders.
  • #33,486
  • Mar 27, 2024 12:24pm Mar 27, 2024 12:24pm
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Don't give up on your dreams. Keep sleeping.
  • #33,487
  • Mar 27, 2024 1:22pm Mar 27, 2024 1:22pm
Quoting Novazor
{quote} Takisd lately alot of brokers renouncing CIF license, maybe its because of bad reputation cysec has or new regulations in europe obligation to A Book what you think about this https://www.financemagnates.com/fore...nts-in-the-eu/
Boy did i go down a rabbit hole on this one.

The consensus is that there are a few reasons

1) They have no clients
2) They are failing on the AML/CTF requirements and opt to voluntarily leave
3) They are not able to comply with the new MIFID II requirements and are not willing to put in the investment necessary to comply.

You can view also this one
https://www.financemagnates.com/fore...s-cysec-chair/

There seems to be a push even in the darker european regulators lately to control customer behavior.
  • #33,488
  • Mar 27, 2024 1:37pm Mar 27, 2024 1:37pm
Quoting Takisd
{quote} Boy did i go down a rabbit hole on this one. The consensus is that there are a few reasons 1) They have no clients 2) They are failing on the AML/CTF requirements and opt to voluntarily leave 3) They are not able to comply with the new MIFID II requirements and are not willing to put in the investment necessary to comply. You can view also this one https://www.financemagnates.com/fore...s-cysec-chair/ There seems to be a push even in the darker european regulators lately...
Yeah alot other brokers will renounce their cysec licenses in the future
  • #33,489
  • Mar 27, 2024 1:50pm Mar 27, 2024 1:50pm
Quoting Takisd
Our beloved Jessica Ghaney has been up to no good once more. Rumor has it she has been trying to reverse trade prop firms. Tsk tsk.
LMAO. Propsafe is Jessica?
  • #33,490
  • Mar 27, 2024 1:50pm Mar 27, 2024 1:50pm
Quoting Novazor
{quote} Takisd lately alot of brokers renouncing CIF license, maybe its because of bad reputation cysec has or new regulations in europe obligation to A Book what you think about this https://www.financemagnates.com/fore...nts-in-the-eu/

obligation to A-book ?

Takisd, do you know more about this ?
  • #33,491
  • Mar 27, 2024 1:55pm Mar 27, 2024 1:55pm
Not sure if it has anything to do with regulation and detering retail traders, but EURUSD has moved 28 pips today, GBPUSD 33? wtf?????
  • #33,492
  • Mar 27, 2024 2:04pm Mar 27, 2024 2:04pm
Quoting Stoneyrocks
{quote} obligation to A-book ? Takisd, do you know more about this ?
I am not up to date on MIFID II yet. I have it open on my PC but have had a few other things on my plate today.
  • #33,493
  • Mar 27, 2024 2:05pm Mar 27, 2024 2:05pm
Quoting pipmaster77
Not sure if it has anything to do with regulation and detering retail traders, but EURUSD has moved 28 pips today, GBPUSD 33? wtf?????
Most years its similar.
  • #33,494
  • Mar 27, 2024 2:23pm Mar 27, 2024 2:23pm
Quoting Stoneyrocks
{quote} obligation to A-book ? Takisd, do you know more about this ?
i saw a post i think on financemagnates some days or weeks ago that europe will push brokers to mitigate their risks by A book or have more centralized derivatives like futures instead of cfds something like that, we know that majority b book majority of traders
  • #33,495
  • Mar 27, 2024 2:43pm Mar 27, 2024 2:43pm
Quoting Novazor
{quote} i saw a post i think on financemagnates some days or weeks ago that europe will push brokers to mitigate their risks by A book or have more centralized derivatives like futures instead of cfds something like that, we know that majority b book majority of traders
thats likely for CFD's and not fx. I am reading a few changes but so far most of them aren't relevant to the FX/spot metals markets. There are some derivatives but i have to see definitions for that as well.

If that is the case, then offshore is where it goes.
  • #33,496
  • Mar 27, 2024 3:01pm Mar 27, 2024 3:01pm
Quoting Takisd
{quote} thats likely for CFD's and not fx. I am reading a few changes but so far most of them aren't relevant to the FX/spot metals markets. There are some derivatives but i have to see definitions for that as well. If that is the case, then offshore is where it goes.
Yeah and brokers offer forex trought cfds so we will see alot of brokers renouncing their cysec licenses and going offshore
  • #33,497
  • Mar 27, 2024 3:04pm Mar 27, 2024 3:04pm
Quoting Novazor
{quote} Yeah and brokers offer forex trought cfds so we will see alot of brokers renouncing their cysec licenses and going offshore
Not all. I don't think i have ever worked with a price that wasn't spot and deliverable off leverage (after settlement price). Just that no one settled.

There might be some technicalities here and there, either way looks like EU licenses are getting cooked.
  • #33,498
  • Mar 27, 2024 3:36pm Mar 27, 2024 3:36pm
Quoting Takisd
Our beloved Jessica Ghaney has been up to no good once more. Rumor has it she has been trying to reverse trade prop firms. Tsk tsk.
Sexy and naughty? That's my girl
Pride always comes before destruction.... -Proverbs 16:18
  • #33,499
  • Mar 27, 2024 5:20pm Mar 27, 2024 5:20pm
The traitors have started running from the kingdom. The end is near. The kingdom burns, heads must roll.
  • #33,500
  • Mar 27, 2024 5:36pm Mar 27, 2024 5:36pm
Quoting Takisd
The traitors have started running from the kingdom. The end is near. The kingdom burns, heads must roll.
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