jasonrogers's Posts - Page 10

Contest - deria in Trading Systems Nov 26, 2012 at 17:23

Hi Maximiliano and Osama,If you're getting an "off quotes" message, it's possible your Max Deviation setting is too low. Since FXCM uses 5-digit pricing (fractional pips), every 10 points for the Maximum Deviation is equivalent to one pip. If you adjust your Max Dev in the Order window, that should solve the problem. Try setting the max deviation to 20 or 30 as shown below.http://imageshack.us/a/img801/4695/maximumdeviation2012nov.pngJason

Contest - aj90151 in Trading Systems Nov 26, 2012 at 16:50

Hi Ayyashi,If you're getting "off quotes" messages, try changing your Maximum Deviation settings as I mentioned in my previous post. That has worked for others.Jason

Contest FXCM 15 November in General Nov 26, 2012 at 16:26

Hi Maximiliano,If you're getting an "off quotes" message, it's possible your Max Deviation setting is too low. Since FXCM uses 5-digit pricing (fractional pips), every 10 points for the Maximum Deviation is equivalent to one pip. If you adjust your Max Dev in the Order window, that should solve the problem. Try setting the max deviation to 20 or 30 as shown below.http://imageshack.us/a/img801/4695/maximumdeviation2012nov.pngJason

Contest FXCM 15 November in General Nov 20, 2012 at 18:18

Incredible to see over 3200 traders have joined the contest...more than all the other contests held thus far.I posted this information in the FXCM thread, but I also wanted to let everyone here know as well for purposes of the contest. The US Thanksgiving Holiday is on Thursday. There will be NO CHANGES to forex trading hours as a result of the holiday. Trading continues 24 hours a day throughout the week and will close at the regular time of approximately 4:55pm ET (21:55 GMT) on Friday. Just please be aware that lower liquidity during the holiday could impact spreads.Additionally, rollov...

Upgraded MetaTrader 4 Offering From FXCM in General Nov 20, 2012 at 17:14

This Thursday is the Thanksgiving Holiday in the US which will impact the rollover schedule and trading hours for certain CFD products. So please take note:1. Rollover: The JPY pairs will have 5X rollover and all other pairs will have 4X rollover [U]today[/U] as a result of the holiday. There will be 0 rollover for all pairs tomorrow. 2. Forex Trading: There are no changes to forex trading hours. Trading will continue through Friday as normal and close on Friday at the normal time of approximately 4:55pm ET. Please be aware that liquidity will likely be lower than normal which could imp...

Contest FXCM 15 November in General Nov 20, 2012 at 16:33

Hello Max,Conditions on the MT4 margin call along with examples and answers to other frequently asked questions can be found on our website here http://www.fxcm.com/products-services/metatrader-4/execution/Jason

Contest FXCM 15 November in General Nov 20, 2012 at 16:29

Hi Maximilliano,Gold is not available for trading in the contest. Only forex pairs.Good luck in the contest!Jason

Contest FXCM 15 November in General Nov 19, 2012 at 21:27

Hello miszczumario,If you look at the journal entries, it indicates the order rejection occurred due to "Off-Quote". This indicates that by the time the order reached the system for execution, the current market price was outside the maximum deviation you specified for the order. The order will be rejected in this case. This can be caused if there is any latency in the internet connecting causing the order to arrive after the market price has changed or if you are sending orders during volatile market conditions when prices are changing rapidly. Not allowing any flexibility would...

Contest - Tim1992 in Trading Systems Nov 19, 2012 at 21:18

Hello Tim,If you need any help with the demo or have questions, please feel free to let me know.JasonFXCM

Contest - egyptnile in Trading Systems Nov 19, 2012 at 16:51

Hello egyptnile and Marian,As bebasasia mentioned, please increase the maximum deviation and it should reduce the occurrence of the off-quote message. I would suggest increasing it to 10 or 20 which would indicate a maximum deviation of 1-2 pips. The off-quote message will appear if the market price has moved outside of the maximum deviation range by the time the order is received. So if your order has a max deviation of 0, the order will be rejected if the market price has moved at all. The odds of the market price moving will increase if your internet connection is slow or you're try...

Contest - Metcalfe99 in Trading Systems Nov 19, 2012 at 16:44

Hi Metcalfe,We would be happy to help if you would please email details such as the MT4 account number to [email protected] and a screenshot of the error message that is appearing.Jason

Off Quotes on MT4 Contest November 15th? in General Nov 19, 2012 at 16:28

Hello Dhymas,FXCM has both No Dealing Desk and Dealing Desk forex execution. So our traders can choose which they prefer. We recommend No Dealing Desk forex execution to our clients because it provides our best all around trading experience. For traders whose main concern are spreads, we offer dealing desk execution where the spread is about 1 pip tighter than the NDD execution. There are certain limitations to the dealing desk offering which you can view in the comparison chart here http://www.fxcm.com/advantages/forex-execution/compare-execution-types/Let me know if you have any question...

Contest FXCM 15 November in General Nov 16, 2012 at 20:45

Reminder that trading closes today at 21:55 GMT, in about 1 hour and 15 minutes from right now, and will re-open on Sunday at 22:15 GMT. Have a great weekend!

Off Quotes on MT4 Contest November 15th? in General Nov 16, 2012 at 20:43

Hi Everyone,If you are getting Off-Quote you can increase the max deviation to reduce the likelihood of it appearing. If you receive the Off-Quote message, it means the market price is different from the price you requested in your order. You can enable max deviation and set it to 10 or 20, which indicates 1.0 or 2.0 pips. This gives you flexibility in case the price has moved when the order is submitted for execution. See xgavinc's post 2 up for instructions on how to set a default max deviation for every order.And finally, just a reminder that trading closes today at 21:55GMT and wil...

Contest - Metcalfe99 in Trading Systems Nov 16, 2012 at 20:39

Hi Airborn_trading,Off-quotes can appear on MT4 if the market price moves negatively beyond the price you specified in the max deviation setting and your order cancels. What I would suggest is increasing the maximum deviation to either 10 or 20. This would allow you 1.0 or 2.0 pips of flexibility in case the market price has changed by the time your order has been received for execution. If the market price has moved beyond that amount, the order will be rejected with the Off-Quote message.Let me know if you have any questions and good luck in the contest.Jason

Contest FXCM 15 November in General Nov 16, 2012 at 20:18

Thanks for letting us know stinsfire and good luck in the contest!

FXCM - Contest IP in General Nov 15, 2012 at 22:14

Hi Trick or Treat,You can select "FXCM-USDDemo01" from the dropdown menu on the login screen or type in mt4d01.fxcorporate.comJason

Contest - aj90151 in Trading Systems Nov 15, 2012 at 21:44

My pleasure, Andan, glad to hear it worked 😄

Contest - aj90151 in Trading Systems Nov 15, 2012 at 20:19

Hi Andan,Regarding the "off quotes" message you're getting - since FXCM uses 5-digit pricing (fractional pips), every 10 points for the Maximum Deviation is equivalent to one pip. If you adjust your Max Dev in the Order window, that should solve the problem. Try setting the max deviation to 20 or 30 as shown below.http://imageshack.us/a/img801/4695/maximumdeviation2012nov.pngJason

Contest - aj90151 in Trading Systems Nov 15, 2012 at 17:25

Yeah how about that move in the yen today! Lowest levels against the US dollar since April on concerns the BoJ might intervene. Do you think it's just a momentary reversal or a permanent change in direction? The latest SSI report DailyFX from today indicates that retails traders are still net long USD/JPY: http://bit.ly/SPgjtHhttp://media.dailyfx.com/illustrations/2012/11/15/ssi_table_story_body_Picture_8.pngAs a contrarian indicator, that's normally a bearish signal that USD/JPY could fall back, but if you look at the change in open interest, the number of long positions decreased whi...

EURUSD	1.02441	GBPUSD	1.22097	AUDUSD	0.61461
USDJPY	157.737	USDCAD	1.44282	USDCHF	0.91664

Posts by jasonrogers