*Official* Forex Trading thread.

  • Need someone to talk to?
    Feeling down, anxious and need help? Mental Health Helpline: 6389-2222 (24 hours) More info
Status
Not open for further replies.

awful999

Supremacy Member
Joined
May 1, 2008
Messages
5,899
Reaction score
0
don't know today Forex market still open, but onada don't open only Philip is open, so must be careful with onada
 

awful999

Supremacy Member
Joined
May 1, 2008
Messages
5,899
Reaction score
0
If got open trades over the weekend siao liao. Gap sure gao gao. This type of broker ban.

ya, I found that IG also not trading, but CMC is trading, so may be still can use CMC :s13:

oh the question is, if the broker house is not trading then gap down what will happen ? the open position with SL will trigger if hit ?
 

Knight_Rider

Arch-Supremacy Member
Joined
Apr 30, 2003
Messages
11,100
Reaction score
1
ya, I found that IG also not trading, but CMC is trading, so may be still can use CMC :s13:

oh the question is, if the broker house is not trading then gap down what will happen ? the open position with SL will trigger if hit ?

When market open I dun think they give you time to adjust SL. They will close at market price. IG has guaranteed stop but leverage lower. So if it is not a long term trade close before market close. I never use local broker. MAS leverage max 50 cannot lah. Account burst very fast

I do long term trade to collect +VE SWAP. :s13:
 

rayzzzz82

Member
Joined
Mar 16, 2014
Messages
362
Reaction score
44
Usually the broker get their pricing from the liquidity pool. Financial institution such as bank are closed today. Its not weird that the broker close shop today too, especially for ecn and stp ( singapore one tho are market maker). Beside very seldom people will trade today. The liquidity is so thin. Price is subjected to high spread and slippage.
 

sherman1213

Senior Member
Joined
May 19, 2016
Messages
1,152
Reaction score
0
ya, I found that IG also not trading, but CMC is trading, so may be still can use CMC :s13:

oh the question is, if the broker house is not trading then gap down what will happen ? the open position with SL will trigger if hit ?

best not to use a market maker
i prefer dma
 

[M]aiev

Arch-Supremacy Member
Joined
Jan 26, 2008
Messages
11,521
Reaction score
76
When market open I dun think they give you time to adjust SL. They will close at market price. IG has guaranteed stop but leverage lower. So if it is not a long term trade close before market close. I never use local broker. MAS leverage max 50 cannot lah. Account burst very fast

I do long term trade to collect +VE SWAP. :s13:

so what brokerage do you use?

:s22:
 
Last edited:

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,854
Reaction score
2,878
USD/JPY position stucked since 16/12/2016. Jin sian no trigger action for almost 2 weeks liao! Only trades these past 2 weeks are "show hand" at UOB to buy physical gold. :D

Going Johor Bahru now to eat KFC and drink duty free beer at Ferry Terminal! No puke no come back Singapore! :s13:
 
Last edited:

awful999

Supremacy Member
Joined
May 1, 2008
Messages
5,899
Reaction score
0
USD/JPY position stucked since 16/12/2016. Jin sian no trigger action for almost 2 weeks liao! Only trades this 2 weeks are "show hand" at UOB to buy physical gold. :D

Going Johor Bahru now to eat KFC and drink duty free beer at Ferry Terminal! No puke no come back Singapore! :s13:
KFC again ..haha
 
Status
Not open for further replies.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top