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 Forex V6

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maxximus
post Aug 11 2009, 02:10 PM

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QUOTE(bluefries @ Aug 11 2009, 02:09 PM)
halo Newbie here...mind to tell what is the TP and SL ?

coz i saw got buy limit / sell limit and
buy stop/sell stop oso

mind explain in simple?
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TP = Target Profit
SL = Stop Loss
maxximus
post Dec 17 2009, 03:47 PM

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QUOTE(tachlio @ Dec 17 2009, 03:44 PM)
start from 20 Dec, IBFX allow to hedge intraday, anyone know detail??
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Briefly:

* You will be able to place both long and short orders in the same currency pair during the course of the day.
* Just before swap at approximately 5 pm Eastern Time the trades will be netted out, please see the example below.

Example:

Example #1:
At 10:11:00 Eastern you open a 2 lot long on the EUR/USD at 1.4730 (ticket #1).
At 13:01:01 Eastern you open a 2 lot short on the EUR/USD at 1.4733 (ticket #2).

Just before swap, at approximately 17:00 Eastern, ticket #1 is closed out at 1.4733 and ticket #2 would show 0 lots with an open and close price of 1.4733.

Example #2:
At 10:11:00 Eastern you open a 1 lot long on the EUR/USD at 1.4730 (ticket #1).
At 13:01:01 Eastern you open a 2 lot short on the EUR/USD at 1.4733 (ticket #2).

Just before swap, at approximately 17:00 Eastern, ticket #1 is closed out at 1.4733. The remainder of ticket #2 would allocate to a new trade ticket of 1 lot short at 1.4733. Swap would be charged to this new ticket for that symbol’s rate for one lot.

At 10:11:00 Eastern you open a 5 lot long on the EUR/USD at 1.4730 (ticket #1).
At 13:01:01 Eastern you open a 2 lot short on the EUR/USD at 1.4733 (ticket #2).

Just before swap, at approximately 17:00 Eastern, 2 lots of ticket #1 would close at 1.4733. Ticket #2 would show 0 lots with an open and close price of 1.4733. The remainder of ticket #1 would allocate to a new trade ticket of 3 lots long at 1.4730. Swap would be charged to this new ticket for that symbol’s rate for three lots.

As per email from IBFX
maxximus
post Dec 17 2009, 04:00 PM

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Junior Member
210 posts

Joined: Sep 2007
QUOTE(tachlio @ Dec 17 2009, 03:57 PM)
thank you very much, i seldom read their email, i think next time i need to take a look smile.gif
*
No problem. Profitable trading to u smile.gif
maxximus
post Jan 26 2010, 11:57 AM

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Junior Member
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Joined: Sep 2007
QUOTE(Sham903n @ Jan 26 2010, 12:23 AM)
sorry another htc hd user here...  I like it, but must have mental note on resistant/support lines cause i cant plot em in my pda
im using celcom broadband.. I like it...

*correction*
*
If I am not mistaken, you shd be able to plot your res/support with the horizontal line. Other then that, vertical line, trendline and fibo is available on the mobile platform.



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