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  • #3,921
  • Nov 24, 2011 8:26pm Nov 24, 2011 8:26pm
didik, its an erroneous tick, it shouldnt be there, and i am surprised it didnt close your position, it usually does when it hits the SL.

contact GOM, and trade elsewhere until GOM sorts all these problems out

.
  • #3,922
  • Nov 24, 2011 9:03pm Nov 24, 2011 9:03pm
Quoting PeterE
didik, its an erroneous tick, it shouldnt be there, and i am surprised it didnt close your position, it usually does when it hits the SL.

contact GOM, and trade elsewhere until GOM sorts all these problems out

.
it's TP , may be spread was high at that time
Mohan
  • #3,923
  • Nov 24, 2011 9:08pm Nov 24, 2011 9:08pm
yes, i know, i was simply pointing out that if it were SL, it is likely it would have been closed

and would have had to have been quite a lrg spread.....i'd say this is an LP error

Quoting mohan76
it's TP , may be spread was high at that time
  • #3,924
  • Nov 24, 2011 9:15pm Nov 24, 2011 9:15pm
Quoting PeterE
didik, its an erroneous tick, it shouldnt be there, and i am surprised it didnt close your position, it usually does when it hits the SL.

contact GOM, and trade elsewhere until GOM sorts all these problems out

.
thanks Peter, I've contacted GOM, as they say what was said Mohan76, but I do not understand why spread can that much.

sorry my English, I'm from Indonesia ..
  • #3,925
  • Nov 24, 2011 9:52pm Nov 24, 2011 9:52pm
what was the spread at the time your TP should have been filled?

Quoting didik
thanks Peter, I've contacted GOM, as they say what was said Mohan76, but I do not understand why spread can that much.

sorry my English, I'm from Indonesia ..
  • #3,926
  • Nov 24, 2011 11:27pm Nov 24, 2011 11:27pm
Quoting merlin_sg
Well, I think I just encountered the mother of all slippages,

My XAUUSD long entry on 17/11/2011 12:16 at 1756.00 and S/L at 1750.50 closed only when the price reached 1741.10 . If it had closed at my SL, it would have been ~$30 loss (similar to the first order) instead of the $88 loss. A slippage of ~900 pips (SL at: 1750.50, ClosePrice at: 1741.10) appears extreme.

I just wrote to GoMarkets and waiting for their response.
A week has passed and still no reply from GoMarkets, this is v. poor customer service. Anyone has a decent broker with MT4 to recommend?
  • #3,927
  • Nov 25, 2011 6:30pm Nov 25, 2011 6:30pm
Quoting didik
thanks Peter, I've contacted GOM, as they say what was said Mohan76, but I do not understand why spread can that much.

sorry my English, I'm from Indonesia ..
don't trade with them until they have fix this issue, spread widening currently worse than scam brokers.
Mohan
  • #3,928
  • Nov 25, 2011 7:20pm Nov 25, 2011 7:20pm
Quoting mohan76
don't trade with them until they have fix this issue, spread widening currently worse than scam brokers.
Check their spread on GPB/NZD....A mighty 121 pips!! And what is even better,I'm short this pair from 2.0845 and I've left the trade open for the weekend!!! Sometimes you just have to take a smack in the head to learn a lesson.
  • #3,929
  • Nov 25, 2011 9:05pm Nov 25, 2011 9:05pm
CFHMarkets is really good, fast execution and tight spread.
The drawback is it is too hard to open an account and the minimum deposit is 50k USD.

Quoting merlin_sg
A week has passed and still no reply from GoMarkets, this is v. poor customer service. Anyone has a decent broker with MT4 to recommend?
  • #3,930
  • Nov 26, 2011 3:07am Nov 26, 2011 3:07am
Quoting dawsonsg
I have had no problems with AxiTrader.
What execution times are you seeing? What about slippage, how many pips?
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  • #3,931
  • Edited 6:55am Nov 26, 2011 3:10am | Edited 6:55am
Quoting jeanlouie

- How would you take advantage of a broker just for the rebates? Would you just be scalping and trying to exit on b/e so the balance stays the same but you get the rebate from the spread?

- And how would a bucket shop be suitable for grid trading, like more so than a 'regular' broker?

- What's the worst stuff you've heard about pepperstone? All day their spreads stay below a pip, that's pretty attractive. Even with slippage or requotes the entry is still less than a pip from market.
One of my trading strategies is zero sum + spread, meaning the only profit it makes is the spread cost and any slippage / requotes, so the account stays at break even, however because it trades large lot sizes I collect a large amount of rebates. Obviously I no longer use this strategy with gomarkets since they stopped paying cash back forex rebates.

The worst thing I've heard about pepperstone is them manipulating peoples closed trades from positive amounts into negative amounts. That for me is worse than bucket shops requoting and mad slippage.
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  • #3,932
  • Nov 26, 2011 4:11am Nov 26, 2011 4:11am
Quoting leerees
What execution times are you seeing? What about slippage, how many pips?
decent spread (with cash back safe to say excellent) , execution at acceptable level (never had more than 1 sec) , i had some feed freeze during news time.
Mohan
  • #3,933
  • Nov 26, 2011 5:59am Nov 26, 2011 5:59am
Look, I dont scalp so all the things that the scalpers are talking about I dont see, nor do I use EAs.

I trade manually and havent had any issues and the spreads have been fine.

Quoting leerees
What execution times are you seeing? What about slippage, how many pips?
  • #3,934
  • Nov 26, 2011 6:36am Nov 26, 2011 6:36am
Quoting dawsonsg
Look, I dont scalp so all the things that the scalpers are talking about I dont see, nor do I use EAs.

I trade manually and havent had any issues and the spreads have been fine.
You have a sg behind your nick, so I'd presume you're also from Singapore?

Look at my post - http://www.forexfactory.com/showthre...77#post5148477 on slippage, and I wasn't scalping??? It was a SL that missed by over 900 pips.
  • #3,935
  • Nov 26, 2011 10:18am Nov 26, 2011 10:18am
alot of negative issues have been going on at GoMarket,what is happening? Also,It seem that when things is getting alright then Chris fr Go will appear,otherwise like now we dont even hear a single word fr him? Is this e way Go do business??
  • #3,936
  • Nov 26, 2011 4:03pm Nov 26, 2011 4:03pm
First of all I am NOT from Singapore, I am in Aust and only really want to deal with Aust brokers.

I am not talking about Go, currently I wouldn't touch them. I have no problem with a trade getting stopped out because I got it wrong. But, I don't want to have to go through every losing trade to see if I got stopped out because of LP issues.

The question I answered was relating to my experiences with AxiTrader.

I am stunned at the lack of communication from Go. It is absolutely appalling.

Quoting merlin_sg
You have a sg behind your nick, so I'd presume you're also from Singapore?

Look at my post - http://www.forexfactory.com/showthre...77#post5148477 on slippage, and I wasn't scalping??? It was a SL that missed by over 900 pips.
  • #3,937
  • Nov 26, 2011 11:23pm Nov 26, 2011 11:23pm
Anyone have any experience with Direct Currency Markets?
http://www.dcmforex.com
Good Trading
  • #3,938
  • Nov 27, 2011 12:03am Nov 27, 2011 12:03am
Quoting aud
Anyone have any experience with Direct Currency Markets?
http://www.dcmforex.com
Not very goood. Execution times are about 2000ms during news, and slippage on stop orders and stop limit orders average about 1.5pips per trade.

I used to use them but have since moved out about 1 month ago.
Forex brokers real time discount - visit Abundance trading group. com
  • #3,939
  • Nov 27, 2011 12:46am Nov 27, 2011 12:46am
Quoting dawsonsg

I am stunned at the lack of communication from Go. It is absolutely appalling.
The major reason why I ceased trading with GoMarkets some time ago.
My post history documents this issue.

GoMarkets seems to think sticking their head in the sand will lead to problems going away. That will work, those experiencing problems will find another broker.

Prepare for a return to the forum of GoMarkets detailing what is in the pipeline. New LP, adding cfd's... big things coming etc
  • #3,940
  • Nov 27, 2011 6:28am Nov 27, 2011 6:28am
Quoting iwillsurvive
Not very goood. Execution times are about 2000ms during news, and slippage on stop orders and stop limit orders average about 1.5pips per trade.

I used to use them but have since moved out about 1 month ago.
who do you use now?
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