Stop-Loss Orders and Trailing Stops

Stop-loss and limit orders can be placed on open positions simply by clicking on the stop/limit column on the open ticket. Orders can be modified or cancelled at any time. dbFX will endeavour to use the current prices as displayed on the dbFX trading platform to execute stop loss orders. If the market moves through the stop loss price the order will be executed at the next available price as displayed on the trading platform.

Clients also have the option of setting a trailing stop-loss order that will automatically adjust as the market price moves in the direction of the open position. The trailing stop feature allows clients to lock in profits without having to monitor the market.

Stop-Loss Order

A stop-loss order allows a client to limit potential losses from an unfavorable market move. An order to close the position is triggered by a rate specified by the client. With the dbFX Trading Platform, a stop-loss order is attached to a specific open position or entry order. If the position is closed or entry order cancelled, the attached limit order will be cancelled. Otherwise, the limit order is good till cancelled.

Trailing Stop-Loss

A trailing Stop-loss order is similar to a stop-loss, except contains an additional feature. The stop-loss level automatically adjusts in tick by tick increments to increase gains or decrease losses, as the underlying position makes favorable moves.

• Ability to Set Stops and Trailing Stops

Dealing Rates

Deutsche Bank feeds real-time streaming prices into the dbFX Trading platform. Prices update dynamically tick by tick with market moves. Dealing rates are not an indication of where the market is trading, but of actual prices at which the currency pair can be bought or sold on the Trading Platform. dbFX offers spreads from as low as 2 pips under normal market conditions.

• Streaming Pricing in All
• Competitive Bid/Ask Spreads from 2 pips under normal market conditions

Market Orders

Placing a market order is quick and efficient. Click on the price in the dealing rates window to buy/sell the currency pair. This will bring up a market order box where the client can select the currency pair and amount. Once the "OK" button is clicked, the order will be filled at the exact price specified or not filled.

We will endeavor to confirm each trade to you by posting the trade in the open positions window or closed positions window, promptly after trade execution. In the "Open Positions Window", all required information is displayed regarding your open trade including the open price and real-time profit/loss, in both pips and US dollar terms.

Fully Automated Expert Advisors For Sale

As an alternative to having your own Expert Advisor programmed by us you may want to try out one of our Expert Advisors. The EA below is one that we created and actually trade live on our own personal accounts. It specializes in taking profits on small price changes in the area of 3 to 15 pips. This generally occurs soon after a trade has been entered with the average trade time lasting anywhere from 10 minutes to 4 hours. The system follows a strict entry and exit strategy and places about 8 to 12 trades a day. Adhering to these strategies help to compound small profits into large gains.

The brief amount of market exposure and the frequency of small moves are key attributes to this system. In addition to these attributes it is vital to have a direct access Broker such as PFG Best or ATC, or a respectable Broker with a low spread. By doing so it will truly increase this trading strategy's ability to be successful.

Markets:	Excels extremely well in sideways style markets.
Time Frames:	Average trade 10 minutes to 4 hours.
Frequency:	Over 8 trades per day.
Currency:	All currency pairs supported.
Automated:	100% automated trading system.
Description:	A very unique trading strategy that is simple to use. Manages all trading entry and exit points, stops, and limits. There is also a maximum drawdown setting for security and a lot size setting based on a percentage of the account's equity.
Performance:	November 2008 December 2008 January 2009 (no trading) February 2009 March 2009 April 2009 May 2009 September 2008 to April 2009 (1MB)
Formats:	MetaTrader Expert Advisor
Brokers:	Will work with any Broker supporting the MetaTrader Platform. Recommended Brokers are PFG Best, MB Trading, and ATC.