DislikedI've never used Oanda. I have heard they are very bad about widening the spreads around news time.Ignored
What about ODL Securities or Fast Brokers, maybe FXDD ?
Best regards,
Viatoris
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DislikedHi Everybody,
What about ODL Securities or Fast Brokers, maybe FXDD ?
Best regards,
ViatorisIgnored
DislikedHere's an idea for those who can't follow the market for a re-entry if stop takes you out on the first move after a buy or sell entry.
Go and join http://www.alertfx.com
. . . there you can sign up to receive alerts on currency pairs when they hit certain values. You can set your alert for the stops with notification to your cell phone text messaging. It works for me!
Also, I have noticed at times that the currency will reverse and hit the stop after not quite going the 100 pip Tp move. Why don't members experiement with taking profit in 25 pip moves. If you have a full lot, just take profit in 25 pip moves for each 2 mini lots for example. Just an idea. Go back over time and see if this would be more profitable.Ignored
DislikedI tried this on demo last night. Both my long and short orders were hit while I was sleeping. The short was stopped out and the long is still in play. Do you reset your orders if both are triggered, or are you counting that as your two trades for the day. I like this simple breakout, but it's tough to be around to see if you get stopped out with work and sleep.........Nice work Nicotina!Ignored
DislikedYou are allowed two stop outs or one take profit per day.
Since you have triggered your long, you won't reset your short trigger.
You have already been stopped out of the short. You are presently in a long position. The long will either hit profit or be stopped out, so there is no reason to reset the trigger for a short trade.Ignored