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Alveo Automatically Changing Points of Entry

 
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jessietaylorart

Alveo Automatically Changing Points of Entry

I put in several buy limits and sell stops today on GBP/USD. When the market hit those points Alveo ignored them and automatically adjusted my limits and stops to have me enter in 10 pips away from my original entry and on another order 5 pips away from my original entry. When the trade started to reverse it did not honour my trailing stops. Eventually I was able to exit out of the orders, although it toook took about 5 minutes for my request to be processed. Instead of winning 40 pips this morning, I lost 5 pips. Not a huge loss, but a very frustrating one. I have had experiences with lag time on Alveo, so I understand this, but I never had Alveo change points of entry for me.

Has anyone else had problems with this?

Mon, 10/17/2016 - 6:08am
 
shaza2001

It is taking me forever to exit out of positions tonight. Also on entering a trade the lag is quite gad and it is 5-10mins before you know what your trade is doing.

 
SteveMc

yes, i'm having the same problem

 
hawianflamingo

Yes, my orders were stuck in processing last night and this morning, both opening and closing, for about two minutes. Very frustrating....

 
carolj

Yes, i have experienced that ANNOYING!!!

 
sstan101

Yes I'm experiencing the same problems with the orders being stuck in processing

 
Valerie

Well good to see I'm not the only one having this issue. I manage to be up 73 pips in spite of Alveo but not worth the risk of further trading so I'm going to call it a night.

 
FXGold54

Jessie:

just for clarification, are you talking about slippage or where the limit orders prices changed? could you please post a screenshot. thanks

 
Costa

I have a same problem, it is stuck in the processing mode, impossible to trade

 
toddmarion18

Same here. Takes 2 minutes to process a trade open or close and the slippage has been 1.5 pips at times on the EUR/USD. Cant trade until this gets fixed,

 
pcreese0417

I been using my Iphone to exit out of positions, that works.