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Re: None

Wednesday, 03/18/2009 6:27:15 PM

Wednesday, March 18, 2009 6:27:15 PM

Post# of 140146
Is there anything left in 4x that can be traded the next few days without having to fear to run into a trap?
My broker is GCI Financial because I can trade CFDs on stocks, indices, commodities and 4x with a single account and platform.
When we got this huge move on 4x today, my broker seemed to be out of business (any1 else made this experience with his/her broker?)
I was long USD/CAD and decided to hedge my position with a short when the market went a little bit (30 points) against me. I had an other buy limit in @1.2568 what I thought could be a support. When the pair suddenly dropped after the FED announcement, I tried to cancel my pending order (USD/CAD Ask still above my limit) and it took me about 20 minutes to get the confirmation, that my order wasn't executed. If the order were executed, it would probably have blown out 25% of my (real money) account.
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