Balthazar
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Hi guys!
Today I sent an e-mail to the FXCM UK:
Hi,
Today, when having an open position on EURUSD I've seen a strange thing happening on my account.
I held a long position opened at 10:47 US time with the entry point an 1.29854 and a stop loss at 1.29775. At 10:58 there was a long red candle down (Open 1.29981/Close 1.29803/High 1.29988/Low 1.29797) which closed my position.
The question: how can a position be closed when the price does not reach the stop 2.2 pips? The low at 1.29797 and the Stop loss at 1.29775?
I trade on a micro account and very happy to discover your practices before increasing my trading positions.
Thanks for your explanation.
I've seen a lot of complaints about FXCM scam techniques but never paid attention. After trading on a micro for about 6 months I feel ready for a larger positions. So, I started to watch the real closing price and my profits. And discovers that![Thumbs down (n) (n)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
It probably happened on my account lots of time but I never paid attention. When you play a $0.10 pip you don't care about cents.
Today I sent an e-mail to the FXCM UK:
Hi,
Today, when having an open position on EURUSD I've seen a strange thing happening on my account.
I held a long position opened at 10:47 US time with the entry point an 1.29854 and a stop loss at 1.29775. At 10:58 there was a long red candle down (Open 1.29981/Close 1.29803/High 1.29988/Low 1.29797) which closed my position.
The question: how can a position be closed when the price does not reach the stop 2.2 pips? The low at 1.29797 and the Stop loss at 1.29775?
I trade on a micro account and very happy to discover your practices before increasing my trading positions.
Thanks for your explanation.
I've seen a lot of complaints about FXCM scam techniques but never paid attention. After trading on a micro for about 6 months I feel ready for a larger positions. So, I started to watch the real closing price and my profits. And discovers that
It probably happened on my account lots of time but I never paid attention. When you play a $0.10 pip you don't care about cents.