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  • #601
  • Feb 12, 2010 9:46am Feb 12, 2010 9:46am
Quoting Milliomos
Dear Roger!

If i open a microaccount in UK (I am non us resident), how can I place a buy/sell STOP ORDER for Entry?

Thanx,
Laci
Hi Laci,

PipHacker is correct.

If you're looking at the platform, goto the Entry button at the top of the platform. Here's a picture:

http://img502.imageshack.us/img502/5340/entryorder.jpg


I circled in green at the top where the Entry button is located. After pressing the button, the Entry Order window will appear (green box added for emphasis).

The platform will automatically determine whether the order should be a Stop Entry or Limit Entry order based on whether you are buying or selling above or below the market. See the image below where I created two entry orders, one to buy and one to sell, both at 1.4000 EUR/USD.

http://img213.imageshack.us/img213/5...rderwindow.jpg


The system automatically determines whether the order should be LE (Limit Entry) or SE (Stop Entry).

-Jason
  • #602
  • Feb 12, 2010 9:47am Feb 12, 2010 9:47am
On an unrelated topic, if anyone has any suggestions for indicators we should add to the Marketscope chart, please let me know.
  • #603
  • Feb 12, 2010 10:52am Feb 12, 2010 10:52am
Quoting Jason Rogers
if anyone has any suggestions for indicators
I would LOVE if not greatly DESIRE and NEED for there to be an implementation of the popular 3_Level_ZZ_Semafor indicator for MarketScope.

http://www.forex-tsd.com/indicators-...cator-mt4.html
http://codebase.mql4.com/2696

Preferably with an option for displaying where the semafors began and where they end up.
  • #604
  • Feb 12, 2010 11:22am Feb 12, 2010 11:22am
Quoting Jason Rogers
On an unrelated topic, if anyone has any suggestions for indicators we should add to the Marketscope chart, please let me know.
Not an indicator but a trailing stop would be nice!
  • #605
  • Feb 12, 2010 1:51pm Feb 12, 2010 1:51pm
Thanx ROGERS!


Peace,
LAci
  • #606
  • Feb 14, 2010 4:59pm Feb 14, 2010 4:59pm
The most important thing for me (and I'm sure also for many others) regarding the progress of MarketScope, is to not waste so much screen space.

I posted this also on dailyfx forums:

Screen space is real estate, and Marketscope waste a lot of screen space. What's the point of having a toolbar for each chart? It is more logical to have only one chart toolbar that works for the selected chart. I understand this could be difficult to accomplish, but one easy solution is just to have the option of hiding the chart toolbar. This is quick. Also the chart tab should disappear if there is only one chart in a "tabs group", it waste a lot of screen space.
  • #607
  • Feb 15, 2010 5:12am Feb 15, 2010 5:12am
Hello there

I'm thinking of opening an MT4 account with them which according to their website information enables to deal as in ECN broker. However reading this thread I got some doubts - some of you indicate situations that proofs they rather act like ordinary market maker broker playing with spread, spikes that hits your SL unreasonably...I am getting suspicious about them. Can somebody among those of you who have got long experience of using their MT4 account discuss this matter thoroughly?
Second problem I want to ask about is something my friend told me about. It's a so called "Balance - Auto Account with FXCM" - a kind of fee that they incure on his profitable trades decreasing his gains. On the contrary - when he closes losing trade - there is no "modification".Have anybody experienced such an issue, too?
  • #608
  • Feb 15, 2010 7:54am Feb 15, 2010 7:54am
Quoting tomfid
Hello there

I'm thinking of opening an MT4 account with them which according to their website information enables to deal as in ECN broker. However reading this thread I got some doubts - some of you indicate situations that proofs they rather act like ordinary market maker broker playing with spread, spikes that hits your SL unreasonably...I am getting suspicious about them. Can somebody among those of you who have got long experience of using their MT4 account discuss this matter thoroughly?
Second problem I want to ask about is something my...

There 100% straight, until your profitable then weirdness starts to creep in, delays on exiting worse price over that time, only going to really affect you if your a scalper though.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #609
  • Feb 15, 2010 9:11am Feb 15, 2010 9:11am
Quoting tomfid
Hello there

I'm thinking of opening an MT4 account with them which according to their website information enables to deal as in ECN broker. However reading this thread I got some doubts - some of you indicate situations that proofs they rather act like ordinary market maker broker playing with spread, spikes that hits your SL unreasonably...I am getting suspicious about them. Can somebody among those of you who have got long experience of using their MT4 account discuss this matter thoroughly?
Second problem I want to ask about is something...
Hi tomfid,

The "Auto Account Sync with FXCM" appears when the balance on your MT4 account is different from your balance in FXCM's back-end. Why would there be a difference? The most common reason is due to rollover. The swap column is not used in our MT4. If you're charged rollover, your balance on our back-end will be lower than you see in MT4 therefore an account sync lowering your balance in MT4 by the amount of rollover will occur. If you earned rollover, you'll see a positive account sync. Any account syncs occu4ring around 22:00 will most likely be due to swap/rollover.

Another reason the message will occur is due to small differences (typically a penny or two) in the amount of profit or loss booked in our back-end compared to what you see in MT4. The reason why this may occur is due to rounding in MT4. MT4 rounds the pip value which could cause small differences in the actual profit or loss booked, thereby affecting the account balances and causing an account sync.

If you're not certain about an account sync, compare the report in MT4 with your FXCM combined account statement through www.myfxcm.com or the FX Trading Station II. The combined account statement will detail the rollover in the account summary, and you can compare the trading history in MT4 to the combined account statement. If it's still not apparent, please contact customer support and we'll spend some time helping with it.

All of our MT4 accounts use No Dealing Desk execution.

Jason
  • #610
  • Feb 20, 2010 3:04am Feb 20, 2010 3:04am
Hi Jason,

FXCM is a great broker. I am using it for last few months and i am impressed.

But i have one query:

Today is saturday and during weekends, i am not allowed to place a pending order. Why is it so?

FXCM should allow me to place pending buy/sell orders during weekends to be executed during start of next week trading.

I see this feature of placing pending buy/sell order during weekend was available before but now since last weeks, i can not do it.

Your help is appreciated in this matter.
  • #611
  • Feb 20, 2010 6:36pm Feb 20, 2010 6:36pm
yes, I like FXCM chart a lot^_^
  • #612
  • Feb 21, 2010 6:31am Feb 21, 2010 6:31am
I traded via FXCM UK MT4, not a bad broker for long term strategies. Large spreads(not good for scalping EG & EC), execution problems due to Boston Technologies bridge. Great support. Withdrawal is fantastic, no additional charges.
  • #613
  • Feb 22, 2010 4:07am Feb 22, 2010 4:07am
FXCM trading station is pretty good. I would be hesitant to use there Meta Trader solution provided by Boston Technologies. I've seen a lot of bad review on how bad it is. Services goes down all the time. Check out forex peace army. There metatrader solution might be more reliable if it was inhouse at fxcm, but its outsourced.
  • #614
  • Feb 23, 2010 4:58am Feb 23, 2010 4:58am
Quoting kalparker
FXCM trading station is pretty good. I would be hesitant to use there Meta Trader solution provided by Boston Technologies. I've seen a lot of bad review on how bad it is. Services goes down all the time. Check out forex peace army. There metatrader solution might be more reliable if it was inhouse at fxcm, but its outsourced.
I can confirm, it disconnects all the time. That's the other reason it ain't ggod for scalping. Sometimes it takes minutes to reconnect which could become a disaster if you're in with 10 full lots.
  • #615
  • Feb 23, 2010 7:41am Feb 23, 2010 7:41am
Quoting Jason Rogers
Hi singularity,

You said...
Hi Jason,
I have sent email to you 1 week ago about high rollover fee of FXCM 57GBP for only 100 oz. Have you found out any thing?
Thanks
  • #616
  • Feb 25, 2010 8:59am Feb 25, 2010 8:59am
Thank you all for response.
  • #617
  • Feb 26, 2010 9:28am Feb 26, 2010 9:28am
I've got an idea of another question. As probably some of you know, FXCM offers MT4 accounts with VPS hosting - does anybody have some experience using it? The issues I am most concerned with are: connection speed (ping) with MT4 server and its stability (occurence of resets of VPS) and the quantity of RAM.
  • #618
  • Feb 26, 2010 1:53pm Feb 26, 2010 1:53pm
Quoting kingfisher
Hi Jason,

FXCM is a great broker. I am using it for last few months and i am impressed.

But i have one query:

Today is saturday and during weekends, i am not allowed to place a pending order. Why is it so?

FXCM should allow me to place pending buy/sell orders during weekends to be executed during start of next week trading.

I see this feature of placing pending buy/sell order during weekend was available before but now since last weeks, i can not do it.

Your help is appreciated in this matter.
Hi kingfisher,

Missed the question you posted last week... For the pending orders, you can place trades in a demo account over the weekend for practice trading, but orders in live accounts can only be created and modified while trading is open from Sunday at 5:15pm EST until Friday at 4:00pm EST. Also keep in mind, that upon the the start of trading, if prices gap from the close in Friday trading to the open on Sunday, then slippage could occur on the pending order.

-Jason.
  • #619
  • Feb 26, 2010 2:00pm Feb 26, 2010 2:00pm
As a general announcement, FXCM will be holding a forex trading expo May 3-4, 2010 in Las Vegas at the Rio. There are 60+ free workshops scheduled at the moment and we're happy to have Forex Factory as a sponsor. www.fxcmexpo.com

http://img522.imageshack.us/img522/8766/forexexpo.jpg

  • #620
  • Feb 28, 2010 1:38pm Feb 28, 2010 1:38pm
Quote
Hi kingfisher,

Missed the question you posted last week... For the pending orders, you can place trades in a demo account over the weekend for practice trading, but orders in live accounts can only be created and modified while trading is open from Sunday at 5:15pm EST until Friday at 4:00pm EST. Also keep in mind, that upon the the start of trading, if prices gap from the close in Friday trading to the open on Sunday, then slippage could occur on the pending order.

-Jason.

Thanks Jason
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