FXCM Discussion - Page 3
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Thread: FXCM Discussion

  1. #21
    Quote Originally Posted by ;
    Can you factor in the spread? Do not forget that the chart shown by the majority of vendors are the BID charts (not the price charts), so the ASK (which is where your stop loss would have triggered) are ABOVE the price displayed.
    I watch the MT4 charts and then exchange. The problem is that there is a discrepancy. Bloomberg is OK but I profit or loose according to my broker rather than the price change. Would be to use the broker's charts. But the question is there a discrepancy between their charts and their platform price. Remember its platform price that produces the transactions.

    What charts you use?

  2. #22
    Quote Originally Posted by ;
    Just curious is there a difference in the FXCM demonion platform in the stop and the stop move. I use stop move, maybe thats
    The stop move is FXCM's version of a trailing stop....all works are precisely the same whether it's a demo or a dwell acct.

    Does that help?

  3. #23
    Just curious is there a difference in the FXCM demo platform from the stop move and the stop. I use stop move, perhaps thats why

  4. #24
    I use FXCM for my non-news release transactions (Im intraday using the expection that I must hold a position overnite occasionally), and I don't have any issues with them for that. I use Fxsol at news time. . .no probs there. I have live accts at each.

    As far as charts: mine are from Fxtrainer having an FXCM feed, and that I also maintain a free chart from internet dania having an FXCM feed on it b/c I am a bit paranoid too. I trade from my home and also in my workplace with 2 computers (IE seperate IP addresses).

    My conclusion: FXCM isn't out for me, b/c I have not found one example once I check all the feeds from both computers and also see the price is obviously right on (but most of my stops are mental and I manually accept some losses)....so, if they are screwing someone....it would need to be everyone in my mind!!!!

    My final idea: even though I am paranoid, I think other men and women are more paranoid than myself, particularly when they sight a potential conspiracy on their demo (not flaming you sir)....coz in my thoughts, if they were out to steal my money, then the demo ought to be made to make me think I am a winner so I ditch my entire life savings into a dwell acct and dismiss it around with their trickery....screwing people on demos has never made sense to me.

    That's my 2 pips,
    Jim

  5. #25
    Did you factor in the spread? Don't overlook that the chart shown by the majority of sellers are the BID charts (not the price charts), so the ASK (which is where your stop loss would have triggered) would be over the price displayed.

  6. #26
    The question to ask here is really is meta-trader displaying the price or is FXCM?

    Taking a look at how the FX market functions, being over the counter, looking at a single dealer won't give you an notion of where hte markets at. I would recommend trying SP Comstock, EBS, or Bloomberg which would be a source to look at your prices against since this is the place where the major banks are trading. Meta Trader is a platform which retail stores plug their prices into, so if a small retail company plugs at a tier bank versus another which plugs at a 1 grade bank it will really make a difference.

  7. #27
    In fact right now the metatrader says price is 149.70 yet the FXCM trading platform gets the closing price at 149.76!

  8. #28
    Quote Originally Posted by ;
    Thanks Phylo
    My initial request was to observe the history of this chart in both Bid and Ask prices which the FXCM mt4 can't seem to do.

    This spread line attribute looks useful though.
    I will load into my MT4.

    Rob

  9. #29
    Quote Originally Posted by ;
    quote Got it. is exactly the exact same. The reddish ask line displays on new charts but as you have said it won't show prices in ask manner only bid. . Thanks for clarifying
    https://www.mql5.com/en/code/12482
    https://www.forexsoutheast.asia/atta...2099805789.mq4

  10. #30
    Please note That the February https://docs.fxcorporate.com/user-gu...lidayHours.pdf for CFD products. These are in GMT. There are not any adjustments to Currency Market trading periods.



    Jason

    *This product is in its initial launch phase and currently only available to accounts with FXCM Markets and FXCM Australia under certain servers.

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