MoneyTec Traders Community Forum - View Single Post

Mazoem · 30-11-2006, 02:31

Questions

1) Why did the position from 1.3164 can change to 1.3158 if I bring position overnight?

2) Where did the between USD 2,627.49 and USD 2,621.20 go?[/quote]
-------------------------------

The position did not change. Remember, all charts are bid charts. So in your first trade since you were short your entry after spread matched the bid chart price where you wanted to enter the market. In your second trade you were long, so when you placed an order at a bid price of 1.3164, the spread was taken out your real entry was 1.3158. Since you never paid off the spread, you really lost 5 pips. Thats your 6 bucks and change.

30-11-2006, 02:31	#3
Mazoem level 1 Join Date: Dec 2005 Posts: 10 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Something happened regarding rollover Questions 1) Why did the position from 1.3164 can change to 1.3158 if I bring position overnight? 2) Where did the between USD 2,627.49 and USD 2,621.20 go?[/quote] ------------------------------- The position did not change. Remember, all charts are bid charts. So in your first trade since you were short your entry after spread matched the bid chart price where you wanted to enter the market. In your second trade you were long, so when you placed an order at a bid price of 1.3164, the spread was taken out your real entry was 1.3158. Since you never paid off the spread, you really lost 5 pips. Thats your 6 bucks and change.