I only found this movie, it looks awful for Oanda no?
http://www.mediafire.com/?dz21xxsxjjm
I only found this movie, it looks awful for Oanda no?
http://www.mediafire.com/?dz21xxsxjjm
I have the same observations here. Stop loss searching is common event with oanda. They really sent an email confirming they win when their customers shed. A manipulation similar to that by the screenshot disperse of 20-30 pips without a stop loss may be saved, no matter how great your analysis might have been.
Any broker that is using variable spreads can stop you out without providing an explanation. I use fixed spread brokers since I trade the news on a regular basis. The spread widens under any illness and I could enter or exit at will. I have trade 100 complete lots at a time rather than had been stop hunted. In fact it got within 1 pip (monitoring ) and that I never got stopped out. Oanda is good in certain instances, but certainly not to the large trader.
What's that supposed to mean? Every broker can do whatever it wants to do?Originally Posted by ;
I do not think so. We all know what stop hunting means and it isn't important if you've fixed or variable disperse, because stop hunting doesn't happen with a bid/ask Growing, but using a spike of both of them. I don't know how oanda works then I do not blame it of whatever, but brokers know where traders' stops are and what happens if they (brokers) transfer their very own quotes.
In fine I do not comment your fixed spread to trade the news
Everybody knows that stop-huntig is run for by MM.
It is the easiest way to make money from customers.
That is from the email:Originally Posted by ;
THE FOREIGN CURRENCY TRADING YOU ARE ENTERING INTO IS NOT CONDUCTED ON AN EXCHANGE. OANDA IS ACTING AS A COUNTERPARTY IN THESE TRANSACTIONS AND, THEREFORE AS THE BUYER WHEN YOU SELL AND THE SELLER WHEN YOU BUY. Because of This, OANDA'S INTERESTS MAY BE IN CONFLICT WITH YOURS. UNLESS OTHERWISE SPECIFIED IN YOUR WRITTEN AGREEMENT OR OTHER WRITTEN DOCUMENTS OANDA ESTABLISHES THE PRICES AT WHICH IT OFFERS TO TRADE WITH YOU. THE PRICES OANDA OFFERS MIGHT NOT BE THE BEST PRICES AVAILABLE. IF OANDA ELECTS NOT TO COVER ITS OWN TRADING EXPOSURE, THEN You Ought to BE AWARE THAT OANDA MAY MAKE MORE MONEY IF THE MARKET GOES AGAINST YOU. ADDITIONALLY, SINCE OANDA ACTS AS THE BUYER OR SELLER IN THE TRANSACTION, YOU SHOULD CAREFULLY EVALUATE ANY TRADE RECOMMENDATIONS You Get FROM OANDA OR ANY OF ITS SOLICITORS.
Regards,
All brokers under NFA Need to send the Specific same email (except for their company name) for their client. It is the rule. So that email does not weight a lot of anything.Originally Posted by ;