Deprecated: Assigning the return value of new by reference is deprecated in /var/www/xelsson.se/public_html/wordpress/wp-settings.php on line 520

Deprecated: Function set_magic_quotes_runtime() is deprecated in /var/www/xelsson.se/public_html/wordpress/wp-settings.php on line 18

Strict Standards: Declaration of Walker_Page::start_lvl() should be compatible with Walker::start_lvl(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1199

Strict Standards: Declaration of Walker_Page::end_lvl() should be compatible with Walker::end_lvl(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1199

Strict Standards: Declaration of Walker_Page::start_el() should be compatible with Walker::start_el(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1199

Strict Standards: Declaration of Walker_Page::end_el() should be compatible with Walker::end_el(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1199

Strict Standards: Declaration of Walker_PageDropdown::start_el() should be compatible with Walker::start_el(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1244

Strict Standards: Declaration of Walker_Category::start_lvl() should be compatible with Walker::start_lvl(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1391

Strict Standards: Declaration of Walker_Category::end_lvl() should be compatible with Walker::end_lvl(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1391

Strict Standards: Declaration of Walker_Category::start_el() should be compatible with Walker::start_el(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1391

Strict Standards: Declaration of Walker_Category::end_el() should be compatible with Walker::end_el(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1391

Strict Standards: Declaration of Walker_CategoryDropdown::start_el() should be compatible with Walker::start_el(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/classes.php on line 1442

Strict Standards: Redefining already defined constructor for class wpdb in /var/www/xelsson.se/public_html/wordpress/wp-includes/wp-db.php on line 306

Strict Standards: Redefining already defined constructor for class WP_Object_Cache in /var/www/xelsson.se/public_html/wordpress/wp-includes/cache.php on line 431

Strict Standards: Declaration of Walker_Comment::start_lvl() should be compatible with Walker::start_lvl(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/comment-template.php on line 1266

Strict Standards: Declaration of Walker_Comment::end_lvl() should be compatible with Walker::end_lvl(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/comment-template.php on line 1266

Strict Standards: Declaration of Walker_Comment::start_el() should be compatible with Walker::start_el(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/comment-template.php on line 1266

Strict Standards: Declaration of Walker_Comment::end_el() should be compatible with Walker::end_el(&$output) in /var/www/xelsson.se/public_html/wordpress/wp-includes/comment-template.php on line 1266

Strict Standards: Redefining already defined constructor for class WP_Dependencies in /var/www/xelsson.se/public_html/wordpress/wp-includes/class.wp-dependencies.php on line 31

Strict Standards: Redefining already defined constructor for class WP_Http in /var/www/xelsson.se/public_html/wordpress/wp-includes/http.php on line 61
What to do… » Bad bad timing (or stop hunting?)
Home > Forex > Bad bad timing (or stop hunting?)

Bad bad timing (or stop hunting?)

September 9th, 2010

Just woke up and excitingly checked my EAs performance during the night. Found this (on both my JadeFX and The Collective FX accounts):

bad_timing_stoploss

That is some seriously unlucky stoplosses. Out of the 9 positions that were taken 7 just hit their stoplosses before EURGBP returned to make the remaining two positions take profit. If this had happened at a non-ECN (and just one) I would be very tempted to think about stophunting. But as it happened at all my brokers I guess I was just very very unlucky.

So, 10% lost of the JadeFX account, resetting the account to 0% growth during September.

  • Digg
  • del.icio.us
  • Facebook
  • Google
  • LinkedIn
  • MySpace
  • StumbleUpon
  • Technorati
  • TwitThis
Author: admin Tags: , ,
  1. cacus
    September 10th, 2010 at 17:25 | #1
    Reply | Quote

    Happened the exact same situation to me but with USDJPY (stupid BoJ meeting) and USDCHF… Stop hunting is not broker’s but Bank’s actitude lately. I’m starting to think that they are trying to take down Asian session interesting part… So… i’ll keep monitoring next month and if i don’t see a good trend on this i’ll start to think two times before trying again with all my scalpers…
    Banks are doing this again…
    Good blog! Keep it up.
    Good luck.

    JC

  2. admin
    September 10th, 2010 at 20:54 | #2
    Reply | Quote

    Stophunting on the open market should be a high risk venture and not anything I expect any bank can do too often. Other banks (and individual traders) should pick up on it fairly easy and exploit it if it would become frequent. When a dealing desk does it is risk free of course (as they also widen the spread and do requotes), but moving real inter-bank prices is another ball park.

    Perhaps one should preempt them and write a strategy to exploit it thou. A sell order at 15 pips above Sydney open would have been nice this night :)

  1. No trackbacks yet.
Comments are closed.