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Again PEPPERSONE is cheating
Anggota Sejak Jun 03, 2010
696 pos
Dec 11, 2013 at 20:36
Anggota Sejak Jun 03, 2010
696 pos
Again pepperstone has cheated .
Here's video how they taken around $110 in few seconds without any reasons (see ticks)
https://www.dropbox.com/s/3r3gzkusu515cz9/clip0031.avi
Here's video how they taken around $110 in few seconds without any reasons (see ticks)
https://www.dropbox.com/s/3r3gzkusu515cz9/clip0031.avi
PAMM MANAGER // Professional Fund Manager
Anggota Sejak Nov 21, 2011
1718 pos
Dec 12, 2013 at 08:03
Anggota Sejak Nov 21, 2011
1718 pos
I'm with Pepperstone too and my robot is almost done also to trade news.
I have already experienced the same as you especially on GBPNZD
I have notice with them that at news event, their liquidity is so low that the spread is widdening too much.
Well this might be the same with other brokers I guess (ECN)
I was thinking about a condition that is allowing the EA to place orders the second after spread has widdened.
What do you think?
I have already experienced the same as you especially on GBPNZD
I have notice with them that at news event, their liquidity is so low that the spread is widdening too much.
Well this might be the same with other brokers I guess (ECN)
I was thinking about a condition that is allowing the EA to place orders the second after spread has widdened.
What do you think?
Anggota Sejak Jun 03, 2010
696 pos
Dec 12, 2013 at 14:15
Anggota Sejak Jun 03, 2010
696 pos
Thalantas posted:
Dude, 0.23 lots with a 50$ account...you are looking for margin call with such aggressive style.
Even for news trading that is not reasonable. You'd better go gambling.
Firstly, I'm not a 'dude' and my style is my rule. This topic has been started to show You, how Pepperstone is cheating.
PAMM MANAGER // Professional Fund Manager
Anggota Sejak Nov 21, 2011
1718 pos
Dec 12, 2013 at 14:34
Anggota Sejak Nov 21, 2011
1718 pos
They did not cheat.
Looking at ticks it's pointless.
You placed pending orders just before the news. Price started to drop, Sell triggered, but Buy stop also trigerred because they have 10 to 15 pips spread for a couple of seconds.
So Ask is > from SL for sell order... so it closed.
And same for Buy order, Bid is already < SL so it closed.
Don't watch ticks... display some data into the chart like Spread
Instead of placing pendings 3 sec before the news... do it 3 sec after it.
Looking at ticks it's pointless.
You placed pending orders just before the news. Price started to drop, Sell triggered, but Buy stop also trigerred because they have 10 to 15 pips spread for a couple of seconds.
So Ask is > from SL for sell order... so it closed.
And same for Buy order, Bid is already < SL so it closed.
Don't watch ticks... display some data into the chart like Spread
Instead of placing pendings 3 sec before the news... do it 3 sec after it.
Anggota Sejak Jun 03, 2010
696 pos
Anggota Sejak Nov 21, 2011
1718 pos
Dec 20, 2013 at 12:31
Anggota Sejak Jan 02, 2012
20 pos
@adrian8891
I agree with @CrazyTrader , I use Pepperstone with my 'Consistent Forex Growth Strategy' and
havn't had any issues with slippage. In fact they are the tightest MT4 broker I have ever used.
If your trading news you need to learn to deal with the slippage both slightly before and after the news event. Have you tried not trading the news perhaps? maybe something like Price Action (which is what I use) would yeild better results.
Not trolling, wish you the best of luck with your trades, whatever style they are.
Regards,
Mr Patient
I agree with @CrazyTrader , I use Pepperstone with my 'Consistent Forex Growth Strategy' and
havn't had any issues with slippage. In fact they are the tightest MT4 broker I have ever used.
If your trading news you need to learn to deal with the slippage both slightly before and after the news event. Have you tried not trading the news perhaps? maybe something like Price Action (which is what I use) would yeild better results.
Not trolling, wish you the best of luck with your trades, whatever style they are.
Regards,
Mr Patient
Patience, above all else.
Dec 20, 2013 at 13:21
Anggota Sejak Jan 02, 2012
20 pos
@Thalantas
Keep in mind your paying twice the commissions then (if trading ECN) as well as double spread.
The spread will still widen as well on the one you close, even with a SL (unless its a small lot size/ your lucky).
Not saying it couldn't work, The Ideas got some merit to it.
Regards,
Price Action Trader - 2% weekly return
Mr Patient
Keep in mind your paying twice the commissions then (if trading ECN) as well as double spread.
The spread will still widen as well on the one you close, even with a SL (unless its a small lot size/ your lucky).
Not saying it couldn't work, The Ideas got some merit to it.
Regards,
Price Action Trader - 2% weekly return
Mr Patient
Patience, above all else.
Anggota Sejak Nov 21, 2011
1718 pos
Anggota Sejak Nov 21, 2011
1718 pos
Apr 25, 2014 at 17:09
Anggota Sejak Nov 21, 2011
1718 pos
I really start to think that Pepperstone isn't a good broker:
https://crazytraderfx.blogspot.fr/2014/04/compare-fx-brokers.html
https://crazytraderfx.blogspot.fr/2014/04/compare-fx-brokers.html
May 10, 2014 at 14:33
Anggota Sejak Oct 26, 2013
2 pos
it's not surprising me...
it has been 2 years, some peoples complaining about the pepperstone services.
check this link out :
https://www.myfxbook.com/search/pepperstone
it has been 2 years, some peoples complaining about the pepperstone services.
check this link out :
https://www.myfxbook.com/search/pepperstone
Anggota Sejak Nov 21, 2011
1718 pos
May 10, 2014 at 15:19
Anggota Sejak Apr 12, 2010
17 pos
That's why I don't trade with sl. It jumps spread for a second then returns to normal. There is however something else that bothers me with pepperstone, at news time they tend to freeze mt4, can happen for 2 minutes even, and if there is still volatility they can freeze it again for a few seconds. And it wasn't my connection as i observed fxpro chart on the same pair, fxpro was moving, pepperstone stood still.
Stay cool no matter the weather!
Anggota Sejak Nov 21, 2011
1718 pos
May 20, 2016 at 12:24
Anggota Sejak Feb 22, 2011
4862 pos
adrian8891 posted:
Again pepperstone has cheated .
Here's video how they taken around $110 in few seconds without any reasons (see ticks)
https://www.dropbox.com/s/3r3gzkusu515cz9/clip0031.avi
What exactly is cheating here?
You took trades of time of big spread with very low equity so that was expected results.
They could even charge you this -60 bucks.
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