TygerKrane's Pip-Pickpocketing

[TygerKrane]

EG Short that I missed due to work interruptions.
Could've had 20 pips @2ndDouble, instead, closed out -8.5 pips @2ndDouble.

Entry:


1st Double:


2nd Double:


Exited trade:


PA immediately went in my favor:

[TygerKrane]

Missed AJ Long trade that sealed the deal, stopping me from trading for the rest of the week.

It starts off with a nice Long Entry with a Buy Limit order:



Then the 1stDouble:



1stDouble w/ +33 pips. Option to exit with a 1.46% weekly gain... I even experimented with moving my SL so that I would get a small gain, and be at break even for the week if PA pulled back. Instead, since it was Wednesday (Tuesday & Wednesday = My favorite days for expecting PA to cross back over the Weekly Open), I decided that I would throw another block of SPACE onto the trade, and risk being at -2.4% for the week if Wednesday extreme was not THE weekly extreme. (If I got hit at the full stop)



2ndDouble at the FIRST time that the M3 chart pulled back short to 79.74



Exited all here, effectively 1 pip on the 2ndDouble, since I was being called away from my desk



Came back, saw that the move short was a fake, and scalped 8 pips Long @1stDouble. This was just to give me a bit of cushion to use again for another attempt at a Long. I set an alarm since it was too busy at work to really look at the charts



Saw this, and in my heart --coupled with the missed EG short trade-- I knew I was done trading for the week

[TygerKrane]

This is going to be an interesting week trading, currently I'm just not feeling super in tune with how I will interpret PA.
I'm gonna have to start VERY slow (less aggressive/more picture perfect entries); and VERY small (emphasis on quick take profits).

Who knows, maybe by the time the charts start moving, I'll have things organized in my head more clearly.

[TygerKrane]

EG Short, the other scalp I used to bring my weekly balance back to break even.
0 Doubles,11 pips.

Entry



Exit

[TygerKrane]

AJ Long. This is a particular trade I took 2 weeks ago that I really liked and stood out in my mind. Mainly b/c I entered the trade about 545P, and I never initiate trades so close to the day's open (5P). I suppose you would call it a Long trade out of an M15 MightyZone.

Entry



Exit

[TygerKrane]

Dealing with an issue I had with my trading platform last week. The below was sent Wed, Jan 27, sometime during the evening (7P - 11P EST)

********************************
********************************

Hello,
I have a big problem. Yesterday, on two occasions I placed orders 
with Stop Losses set. The orders were triggered and when price went against 
me, the Stop Loss orders were not triggered, so I took bigger losses than I 
was supposed to.

What can I do to prevent this? Why is it that the Stop Loss orders did not 
reach FXCM? How can I trust using this trading platform with this kind of 
mistake happening?

Below is a screenshot of what happened, this happened to me TWICE in one 
day. I have a screenshot of the other incident as well. 
 

[TygerKrane]

[[AJ Trade]]
Dear TygerKrane,

I see that this position has been closed due to hitting the Stop Loss level set at 83.013.

FXCM USA consolidates positions and stop losses on the same currency pair , so all 3 entries have been consolidated into one. Moreover, order execution takes place on FXCM's servers, Trade Interceptor reflects the information provided by FXCM.

You can refer this problem directly to FXCM. Unfortunately due to compliance reasons they are not allowed to share user information with us, so we cannot investigate the problem directly with them.

Best regards,

Sales Executive
http://www.tradeinterceptor.com


vvv---------------------------vvv
vvv---------my reply---------vvv
Re: AJ Short trade
On 1/26, at 8:06A EST, I turned off Trade Interceptor.
--I had an AJ Short with 18 lots, an average price of 82.53, and a Stop Loss set at 82.767 (a Stop Loss of 23.7 pips)



At 8:55A EST, I turn back on Trade Interceptor, my Stop Loss at 83.767 has been completely ignored, and I have a loss of -39.65 pips, and the trade is STILL open.


The above pictures show you everything, you see my Stop Loss on the chart, and you see that later, price crossed the Stop Loss without triggering it.

Why did that happen? (If my Stop Loss is visible on the chart, why is it being ignored?)
How can I prevent that from happening again?

Thank You,

[TygerKrane]

[[UCad Trade]]
Hello TygerKrane,

From this position report we see that when the SL level has been modified to 1.404960, it has been consolidated by FXCM to 1.406630 and the order was closed at this level.


As with the AUD/JPY position please refer this problem directly to FXCM. Unfortunately due to compliance reasons they are not allowed to share user information with us, so we cannot investigate the problem directly with them. Order execution takes place on FXCM's servers, Trade Interceptor just reflects the information provided by FXCM. 

Best regards,  

Sales Executive
http://www.tradeinterceptor.com


vvv-------------------------vvv
vvv--------my reply--------vvv
Re: UCad Short trade
Unfortunately I do not have as many screenshots as I did with my AJ Short trade to clearly show my point.

So I will show you the UCad picture again and ask you a question:


If I am Short from 1.40376, my Stop Loss is at 1.40496, and Trade Interceptor charts "REFLECTS THE INFORMATION PROVIDED BY FXCM",
Why is the Stop Loss completely ignored?
What can I do to prevent this from happening?

If a Stop Loss is visible on my Trade Interceptor charts, I should be able to expect that my trade will be closed if price reaches that point, correct? ((Except MAYBE in some cases where there is a severe market gap, or some economic event that makes the market illiquid.))

Please help me understand, 
¹ What went wrong, 
² How I can fix it, 
and, 
³ How to prevent this from happening again

Thank You, 

[MightyOne]

That has got to be emotionally deflating.

[laksh]

Sorry to hear about it TygerKrane.

Just wondering if NFA's F.I.F.O trade rules that forex brokers in USA use screwed up the stoploss execution on those orders?

Hope FXCM will refund the difference amount into your account.