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Forex version XVIII, Foreign Exchange Market Discussion
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Alissa_1989
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Oct 9 2016, 08:42 PM
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Getting Started

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QUOTE(hehe86 @ Oct 9 2016, 04:02 AM) Hmmm having a SL is better than having none at all i think. As for slippage, let say you hold a long position over weekend, and when the market reopens, it gapped down way past you SL, in this scenario, your broker can only try their best to get the best price as they can isnt it? So slippage is unavoidable in this scenario? Last time, if the slippage just a few pips, my broker normally give back and follow the order TP/SL. However, this GBPUSD crash is more than 100 pips slip , I didn't trade GBPUSD this time but want to know how they handle the slip this time. If such big slip, probably the account will be negative.
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Alissa_1989
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Oct 19 2016, 06:01 PM
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Getting Started

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Do you know roughly how many pips in max they can manipulate ?
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Alissa_1989
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Oct 19 2016, 07:48 PM
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Getting Started

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QUOTE(kevler @ Oct 19 2016, 07:09 PM) We didn't know . The broker aka market maker will do whatever it takes to get the market to their way. Ya, I did observe that sometime real time bid/ask different from standard price. But the Day high and Day low by broker almost same as the data in news channel. I also heard that broker can combine with other brokers to form a temporary alliance and pump in cash or loan into market to manipulate the market (in legal way), so that it creates a new spike price in real market. At the end, big lot size player hit their SL.
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