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Old 26-08-2004, 15:23   #15
MickMason
Fibonacci KISS trader!
 
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Hi uppernet

I've never really looked at eminis, I'm fairly comfortable in spot fx and probably a bit of an old dog to teach new tricks

Hi CTGjr

No, I got the point alright, in fact I posted on that thread. Trading news release was never a good idea, and definitely not now brokers have limited the opportunity of a quick 100 (overleveraged) pips. I don't agree with what RefcoFX have done, far from it, a filled order should not be unfilled three hours later, but I can understand their reasons for no longer guaranteeing order prices.

In defence of brokers I've got to say, in all the time I've been trading I have never had an order cancelled after it had been executed, rarely have I experienced stop-hunting, and re-quotes have also been rare, maybe I'm just lucky or maybe it has something to do with only trading calmer markets and avoiding unpredictable and excessively volatile periods.

Mick
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