View Full Version : FAP month end closing trades?
Craig BC
10-31-2008, 06:00 PM
Here is a questions for all you geniuses
When Faps closes out your trades, at what price are they closed?
Is it the friday price or the Sunday price.
This could make a huge difference, because I've seen the prices dive or skyrocket from Friday to Sunday.
Opening price can be 40 or 50 pips higher or lower than the close.
Here is a questions for all you geniuses
When Faps closes out your trades, at what price are they closed?
Is it the friday price or the Sunday price.
This could make a huge difference, because I've seen the prices dive or skyrocket from Friday to Sunday.
Opening price can be 40 or 50 pips higher or lower than the close.I think it's sundays price
Here is a questions for all you geniuses
When Faps closes out your trades, at what price are they closed?
Is it the friday price or the Sunday price.
This could make a huge difference, because I've seen the prices dive or skyrocket from Friday to Sunday.
Opening price can be 40 or 50 pips higher or lower than the close.
Sunday open price..or whatever the first day of the next month happens to be.
n1ghtnday
11-02-2008, 05:52 PM
FAPS never closed out my trades from last month. I haven't touched MT4, nor my settings just to see how FAPS would act. This happen to anyone else?
-nnd
Simmo
11-03-2008, 09:06 AM
Hi
I turned off Faps on Friday as I had a large losing trade floating.
Turned on Faps again today Monday 3rd at around midday and it closed the
trade for a $239 loss and reset my terminal window to only show this months trades.:eek:
I thought turning it off over the last and first day of the month would cause it to ignore this function. ! !
Oh well those losing trades will have to stay losing trades.
Account: 389108 Name: Currency: USD 2008 November 3, 15:04
Closed Transactions:
Ticket Open TimeType Size Item Price S / L T / P Close Time Price Commission Taxes Swap Profit
24069909 2008.10.31 09:35 sell 0.17 eurusd 1.26840 0.00000 1.26640 2008.11.03 13:56 1.28250 0.00 0.00 -1.94 -239.70
24292226 2008.11.03 14:03 sell 0.16 eurusd 1.28270 0.00000 1.28070 2008.11.03 14:31 1.28070 0.00 0.00 0.00 32.00
0.00 0.00 -1.94 -207.70
Closed P/L: -209.64
Open Trades:
Ticket Open Time Type Size Item Price S / L T / P Price Commission Taxes Swap Profit
24303798 2008.11.03 14:57 sell 0.16 eurusd 1.27680 0.00000 1.27480 1.27620 0.00 0.00 0.00 9.60
0.00 0.00 0.00 9.60
Floating P/L: 9.60
Working Orders:
Ticket Open Time Type Size Item Price S / L T / P Market Price
No transactions
Summary:
Deposit/Withdrawal: 0.00 Credit Facility: 0.00
Closed Trade P/L: -209.64 Floating P/L: 9.60 Margin: 40.86
Balance: 4 237.94 Equity: 4 247.54 Free Margin: 4 206.68
Craig BC
11-03-2008, 11:58 AM
FAPS did not close my trade either.
It was not that big, but I closed it anyway.
Sometimes when they stay in a loss for too long they affect the profits.
Mostly because FAPS can not open any new trades and it could be making money on other trades.
I guess we shall see if my theory is right. For now it is making a little money again.
But I'm only running 1 trade at a time now, on 2 pairs.
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