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GBP/CHF huge loss
- Thread starter aknaya1
- Start date
Quote from aknaya1:
Dude....the thread was helpful to me because the move DID OCCUR for forex traders who use PFGBest. I agree that the price action is not confirmed, but its still there as plain as day on my charts. However, knowledge that it did not occur with other dealers is helpful--I wouldnt have known if I hadnt asked.
Why even respond if the thread is useless....
I know of a new way to gobble up your PIPS now...it might actually be more believeable if you posted a screen shot.
I find it hard to believe PFG can get away with this mate.
Muito obrigado!
2000 pips on slippage......is totally wack. And that's exactly what I told them when I called. The guy I spoke to looked at his charts, confirmed the move, explained something about banks pulling in and out of the pair, and said that the price move looks legit and that they have to protect the integrity of the market. I told him this price move isnt legit, and that any short in this pair would have been liquidated and would have been better off without a stop, since having a stop caused a 2000 pip loss. Anyway, I tried to attach the chart, hopefully that works. Daily chart.
Attachments
Quote from aknaya1:
2000 pips on slippage......is totally wack. And that's exactly what I told them when I called. The guy I spoke to looked at his charts, confirmed the move, explained something about banks pulling in and out of the pair, and said that the price move looks legit and that they have to protect the integrity of the market. I told him this price move isnt legit, and that any short in this pair would have been liquidated and would have been better off without a stop, since having a stop caused a 2000 pip loss. Anyway, I tried to attach the chart, hopefully that works. Daily chart.
Lookslike PFGBest had a bunch of customer's short and didn't want to pay up.