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Will New MT4 System Solve our Day Trading Problems?

Whether or not FXLQ’s new multi-bank MetaTrader (MT4) system will solve our current day trading problems remains to be seen. This morning, FXLQ was supposed to go live with their new day trading system (at least that’s what we were told). If all goes well, we should be trading currencies tomorrow with the new setup. […]

New Manual and Algorithmic Day Traders

We have begun testing a group of new day traders to be able to accept more assets. Even though our current robot program is excellent and so is Nigel (the trader), forces beyond our control (which you should be familiar with by now) have prevented us from accepting new assets to keep pace with the […]

Lackluster Day Trading Week so Far for DTT

Day trading results so far this week are slightly negative. “Off quotes” are still coming up quite a bit on the MT4 platform, but at least the rejections are pretty fast. We are still waiting for FXLQ’s launch of their new MetaTrader day trading system. We were supposed to receive a demo with their new, […]

Partial Trading Log For November 29, 2006

14:28:53 ‘1002′: instant order buy 35.00 EURUSD at 1.3169 sl: 0.0000 tp: 0.0000 14:28:53 ‘1002′: request was accepted by server 14:28:53 ‘1002′: request in process 14:28:54 ‘1002′: order was opened : #97250 buy 35.00 EURUSD at 1.3169 sl: 0.0000 tp: 0.0000 14:28:56 ‘1002′: modify order #97250 buy 35.00 EURUSD at 1.3169 sl: 0.0000 tp: 0.0000 […]

Day Trading is Better – But Trouble when Forex Market is Silent

FXLQ made some changes at their end that eliminated some of the trade delay problems. Even though there were still many “off quotes,” both trade executions and rejections were relatively fast. Whatever FXLQ did seems to have gotten rid of the long delays we were experiencing when orders were being submitted. Four forex scalping trades […]

Trading Log For February 13, 2007

03:47:16 ‘1002’: connect failed [No connection] 03:47:28 ‘1002’: login (4.00, #299D42FE) 07:56:47 ‘1002’: instant order buy 25.00 GBPUSD at 1.9507 sl: 0.0000 tp: 0.0000 07:56:47 ‘1002’: request was accepted by server 07:56:47 ‘1002’: request in process 07:58:17 ‘1002’: order buy 25.00 GBPUSD opening at 1.9507 sl: 0.0000 tp: 0.0000 failed [Off quotes] 08:02:46 ‘1002’: instant […]

Trading Log For February 16, 2007

13:30:07 ‘1002’: instant order buy 25.00 EURUSD at 1.3124 sl: 0.0000 tp: 0.0000 13:30:07 ‘1002’: request was accepted by server 13:30:07 ‘1002’: request in process 13:30:07 ‘1002’: order buy 25.00 EURUSD opening at 1.3124 sl: 0.0000 tp: 0.0000 failed [Off quotes] 13:30:36 ‘1002’: instant order buy 25.00 EURUSD at 1.3130 sl: 0.0000 tp: 0.0000 13:30:37 […]

Trading Log For February 14, 2007

08:11:22 ‘1002’: instant order buy 25.00 EURUSD at 1.3093 sl: 0.0000 tp: 0.0000 08:11:22 ‘1002’: request was accepted by server 08:11:22 ‘1002’: request in process 08:12:52 ‘1002’: order buy 25.00 EURUSD opening at 1.3093 sl: 0.0000 tp: 0.0000 failed [Off quotes] 08:48:47 Expert StepStopExpert_v1[1].1 GBPUSD,M5: removed 08:48:47 Expert StepStopExpert_v1[1].1 EURUSD,M5: removed 08:48:47 Expert StepStopExpert_v1[1].1 USDCAD,M5: […]

Man Against Robot – A Day Trading Tragedy!

No; this is not a science fiction drama about a robotic day trader! I just like to use tragic titles to release my frustrations from time to time! First of all, our Currenex Trading System project might have to be scrapped. It is taking too long for the orders to travel to the Currenex server. […]

Trading Robot Update – No Happy Valentine

Valentine’s Day was pretty active for currency trading. Both the Euro and the British Pound against the US Dollar had ranges of 100+ pips. Unfortunately, we were plagued by the same excruciating trade rejections (“off quotes”) as yesterday on the MT4 platform. The day started at 8:11 AM London Time with an “off quotes” rejection […]