On Saturday Robert Gray from FXLQ called me and told me that FXLQ was going to reverse the NFP losing trade on 11/3/06 due to the mysterious “price freeze.” Awesome! He said that even though the initial fill at 1.9093 was valid, the fact that it took over two minutes to report this to the […]
DTT Robot
DTT sees a little “light at the end of the tunnel!”
Posted by on November 11, 2006 at 1:19 pm
Why MT4 Rejects Orders and Trading Delays Continue
Posted by on November 10, 2006 at 4:57 pm
So a gain turns into a loss while trying to exit. After two straight positive 25-lot transactions, one transaction wiped out all gains. See the section from the MT4 trade log that shows the losing transactions and the delay in exiting the trade. 15:52:48 ‘1002’: instant order sell 25.00 GBPUSD at 1.9121 sl: 0.0000 tp: […]
A Trading Day With More Activity
Posted by on November 9, 2006 at 4:45 pm
Good day in general, but it’s a shame we had to cut back the size initially because of all the trade rejections and delays (and because of the fear of having another trade freeze up on us, like on Friday 11/3/06 [see 11/3/06 journal entry). Even today, there are many trade rejections. These are just […]
Boring Day in FX
Posted by on November 8, 2006 at 4:58 pm
Feedback from trader: Experienced a high percentage of trade rejections (“off quotes”). Only one 25-lot trade today. Boring day in the world of forex.
Trade Delays & Rejections
Posted by on November 7, 2006 at 4:15 pm
Some trades at the 25-lot level. Overall positive, but nothing to throw a party over. The fx market was not very active today either. Feedback from trader: More difficult to enter a position this week for some strange reason. More frequent trade rejections with the dreaded “off quotes” message. It’s taking noticeably longer to get […]
Dead Market – Accounts Added to PAMM
Posted by on November 6, 2006 at 4:47 pm
Today was a dead day. “Come on, Dan. Look for something positive!” Oh, yeah; the great majority of the accounts were added to the PAMM.
Currency Pair GBPUSD “Frozen!” – During NFP Data
Posted by on November 3, 2006 at 1:44 pm
Friday was NFP day – the most hectic day for the forex market. Before the bulk of the accounts were added to the PAMM, Nigel [the trader] tried to buy 25 lots of GBP/USD (a.k.a. “cable” or “pound”) at 1.9093 after the release of the initial NFP figures that were bearish for the US Dollar. […]
DTT Robot News Now Online
Posted by on November 3, 2006 at 11:20 am
You probably know that I like to run a very transparent operation. That’s why I keep DTT clients informed and “tell it like it is.” Unfortunately, sending email updates has become a bit cumbersome (every day seems to bring us more and more surprises). I could have already published a book using all the emails […]
