Market Price Hits My TP But Did Not Trigger Eventually ....Why ?

wanttosucceed

Tham gia từ Jan 20, 2015 5bài viết

Jan 21, 2015 at 15:04

Tham gia từ Jan 20, 2015 5bài viết

Hi Fellow Experience Traders

I am fairly new to forex trading

Hence I really need your expertise & experience on this issue that I am facing with my broker

( Which is IC Markets )

Because somehow the " answers " that IC Markets gave so far

just do not sound RIGHT to me though !

I am very helpless at this point

Sincerely hope you guys can advise me accordingly

I Sell Short USDRUB positions on 15th DEC 2014

My TP = 59.25788 ( please refer screenshot 1 below )

On 16th DEC 2014

The " Lowest ASK " of the day actually hit 59.128

As indicated on the " Tick Data " sent from IC Markets itself !

( please refer TickData CSV attached )

When 59.128 ASK Price occurred

My SELL SHORT USDRUB positions should be " out " of the market .....right ?

But IC Markets said there's " no liquidity from provider " !

Is it that I have to SUCK it up and accept that ?

Can't do anything else at all ?

:(

Please advise

Đính kèm:

wanttosucceed

Tham gia từ Jan 20, 2015 5bài viết

Jan 24, 2015 at 10:37

Tham gia từ Jan 20, 2015 5bài viết

Nobody can advise me on this issue ?

:(

Blackpaste

Tham gia từ Jan 02, 2015 1bài viết

Feb 14, 2015 at 11:05

Tham gia từ Jan 02, 2015 1bài viết

Sorry about that. Always work with the best in the industry.

forexwiz

Tham gia từ Apr 19, 2014 15bài viết

Feb 14, 2015 at 21:58

Tham gia từ Apr 19, 2014 15bài viết

Your broker's reply can be correct. When there are too many buyers vs sellers at the stated lowest price, then only some/few buyers be able to filled at the lowest price. As more buyers are still eager to fill but no more sellers, the bid price will go up quickly - supply vs demand.

There are brokers will very low liquid providers (participants or volume activity). Look for brokers with high liquidity to begin with - so that your limit orders have higher success in filling.

There is nothing lost or wasted in this life

EURUSD	1.13009	GBPUSD	1.32903	AUDUSD	0.64249
USDJPY	143.819	USDCAD	1.38387	USDCHF	0.82362

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Market Price Hits My TP But Did Not Trigger Eventually ....Why ?