Monday, June 18, 2007

Marketiva Stop Loss Hunting



This is a picture of Eur/Usd 4H chart on Marketiva platform. See the candle in the red circle. It has a long tail down which touch 1.3370. The price move within seconds down and up again. My Stop Loss was set at 1.3373 at that moment and it stopped out. Below is a picture of Eur/Usd 4H from North Finance. As you can see, North Finance did not register the same sudden price move.



If I am not mistaken, this is the forex market where the rates are the same all over the world. So why is it that Marketiva have that sudden price jump and North Finance did not register it at all.

Eventhough I was stopped out but I still get out with 50 pip profit and i did not enter again as the strength of the trend isnt worth it. Btw my target for that trade was 1.3450. To enter the market again for a maximum gain of another 50 pip isnt worth the risk as the trend isnt strong enough. Any of you had the same problem with marketiva?

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