Stoplevel and freezlevel | Diễn đàn Forex của Myfxbook

fredricktroy

Tham gia từ Aug 10, 2012 68bài viết

Sep 19, 2012 at 08:06

Tham gia từ Aug 10, 2012 68bài viết

Who can comprehensively explain them both to me?

......Keep On Swinging!

CrazyTrader

Tham gia từ Nov 21, 2011 1718bài viết

Sep 19, 2012 at 08:50

Tham gia từ Nov 21, 2011 1718bài viết

Hi,

The freeze Level is the range between the current market price and the trade's price you try to place (pending order). If the freeze level from your broker is 10 it means that if current market price on EURUSD is 1.3050, you can only place pending orders @ 1.3060 or 1.3040.
All you have to know is if the freeze level is > 2 pips, you can consider that your broker is really bad!!!

fredricktroy

Tham gia từ Aug 10, 2012 68bài viết

Sep 19, 2012 at 14:42

Tham gia từ Aug 10, 2012 68bài viết

What of if my broker's freezelevel is less than 2,would scalping and placing of pending orders beneficial to me?
And what is Stoplevel?

......Keep On Swinging!

forex_trader_32776

Tham gia từ Mar 28, 2011 1008bài viết

Sep 20, 2012 at 00:54

Tham gia từ Mar 28, 2011 1008bài viết

stoploss level is a CUSHION to prevent modifying your Stoploss too close to current price, just like the Freeze level.

both are used to keep scalpers from working as they should . FINFX ECN accounts have 0 for both

fredricktroy

Tham gia từ Aug 10, 2012 68bài viết

Sep 21, 2012 at 10:54

Tham gia từ Aug 10, 2012 68bài viết

Thanks for your replies. So if i may ask,which one affects scalpers the most? Freezelevel or Stoplevel?

......Keep On Swinging!

CrazyTrader

Tham gia từ Nov 21, 2011 1718bài viết

Sep 28, 2012 at 22:17

Tham gia từ Nov 21, 2011 1718bài viết

As Trick or treat said... both are not friendly to traders.
Both are boring to sclap market.
The most annoying is probably the freeze level because you can be to far from the market and your order will never be triggered... you can avoid freeze level so you don't use pending order.

RollingStones74

Tham gia từ Nov 09, 2012 76bài viết

Nov 12, 2012 at 06:38

Tham gia từ Nov 09, 2012 76bài viết

I would add: stoplevel usually works both for stop loss and take profit.

And freezlevel is kinda old school. My broker doesn't use it already...

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