PIA chart and autochartist

[jgoel1]

hi can someone help with the timestamp on those charts ,.when they are published because the on the signal screen they show up after the trade is already made and levels seems to be already accomplished,  so whats the point of getting signal after the fact or half way thru the fact.. i understand its a moving target but the published time stamp and uploaded time is too far apart, 

[oilfxpro]

I don't believe this , if this is happening , it is  wrong.

[oilfxpro]

Can you post images  of time stamp and trade entry time on a chart?

[JamesIG]

Hi, are you referring to the community discussion surrounding the PIA posts, or the signals given on the IG Dealing platform as shown below? The ones in the platform have a shorter time frame so they're posted on IG as and when they are published by the third party providers, whilst the discussion points posted on Community are of longer time frames (for example weekly and monthly) and therefore aren't as necessary to push to the minute. These posts are also manually written so it takes a little longer to post.

 

The below, for example, was taken at 11.16, 6 minutes after the time stamp publish date.

 

[oilfxpro]

Hi James 

 

Could you please explain  why the signal entry price on charts is 15525  at 06.23.The published time is 0.623.

Entry level is 15485.

 

There is a discrepancy of 40 pips .This a fraudulent , deceitful act , unless you can provide more information.Here are the charts with evidence.I may be wrong.

 

This is really pathetic and sick.

 

 

 

 

 

[oilfxpro]

Are they hiding their losses on their site?Why are these periods missing?

 

[oilfxpro]

The price now is 15420  , so Pia will claim they lost  35 pips , but the customer will enter at 15530 (after spread), and will lose 85 pips at close out of 15485. A discrepancy of 50 pips.

[JamesIG]

Hi all. As with all things, if you do not understand something or would like further information of how a particular product works, please feel free to ask. Please note the following:

 

• These are passive limit orders to open and have not been triggered at the time they are posted. As you stated, these would not be beneficial if they were simply posted in hindsight. 

Using the below (as shown on the IG platform) this particular trade went through the following actions.

 

• Trade idea was posted at 06.23am - it explicitly states that "we look to buy" which is a forward looking statement. 
• The trade isn't triggered until 08.10 when the market moved to the previously specified level.
• 11.50 and the trade was closed out basis the pre-defined stop level. 

Any question, please ask.

 

Useful link: http://www.pia-first.co.uk/performance 

 

 

[oilfxpro]

Where are the instructions posted, on the signals , and how to use them?

[PIA_First_IC]

IG, our clients and our principal firm at the time received every trade idea (including medium term) via email and so all of our calls can be verified.

 

During Q3 2017, we chose not to produce any medium term ideas so as we could improve our medium term model.

 

We are now directly regulated by the Financial Conduct Authority and so are now also answerable directly to our regulator.