DislikedWait, there's over the weekend trading? And you guys are actually showing where you get your information? Nice! Gotta dive into this.Ignored
*Spreads are much higher for "after hours" trading*
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DislikedWait, there's over the weekend trading? And you guys are actually showing where you get your information? Nice! Gotta dive into this.Ignored
DislikedGnarley,
What is about the Middle pice on that flag? That is a nice chart and if cuts should follow in Nov&Dec then we could be going towards that middle channel.. But of course it's tough to tell right now what if any effect QE could have (if we come in) on AUD later in the year. Right now it is following its internal path of Mining slowdown, possible rate cut, and Shifts back to Euros/emergingIgnored
DislikedYes, however, most brokers do not offer after hours trading. Oanda is one of the few that I know of who does offer this feature.Ignored
DislikedOanda pulled the plug on weekend trading 2 months ago ;
NEW YORK, July 4, 2012 — OANDA Corporation will adjust its operating policy indefinitely to bring trading hours in line with industry standards. Beginning this Friday, July 6, 2012, the online market maker’s weekly trading session will close on Friday afternoons at 4:00 PM EDT and reopen Sunday afternoons at approximately 3:00 PM EDT.
OANDA was the sole forex provider to offer weekend trading, and did so as a client service despite the fact that global forex markets do not operate...Ignored
DislikedSo what would be the reason for all of the after hours trading which was quoted by Oanda before the market opened today?
Just curious...
From my understanding the Interbank market is open 24/7 so maybe Oanda is tapping into their live feed? That is the only answer I can think of for the rates being quoted before the market "officially" opened for retail investors.Ignored
DislikedSo what would be the reason for all of the after hours trading which was quoted by Oanda before the market opened today?Ignored
DislikedIf you were looking at Oanda from Sat 8.am (Sydney) onwards you would of been viewing stale quotes - no updated prices .
Oanda was closed for business , you can't trade the quotes on the screen .
Otherwise you'd been able to short AUD at 1.0320 , hours after the Chinese PMI release .
They may well open a few hours before the majority of other FX trading platforms on Monday mornings (SYD) and with fairly wide quotes I'd imagine .
But that bears no relation to what you would call a weekend trading session .Ignored
DislikedMaybe you should take a look at http://fxtrade.oanda.com/ next weekend as I was watching the rates change for about 2 hours before Sydney opened up.
Also, if you check the following link after hours http://fxtrade.oanda.com/why/spreads/live you will notice that the spread is a little higher than during normal trading hours.
Not trying to be argumentative but I am almost positive you can trade after hours with Oanda, otherwise, there wouldn't be different spreads and new quotes.
*I saw AUD/USD at 1.0272, 1.0284, 1.0274, all...Ignored
DislikedI don't consider you argumentive and I don't disagree with you about Oanda opening on Sydney Monday mornings earlier than most of their competitors - I acknowledged that in 4th line of my previous post . I'm just pointing out that Oanda no longer operate over the weekend anymore . After 8.am Sat , there's no trading until the early hours of Monday morning .Ignored
DislikedFor those who keep an eye on Ichimoku, we've broken the cloud to the short side in a big way on the daily chart (specs 9-26-52) today.
A solid close below and perhaps we see 1.02 sooner rather than later, if Draghi disappoints on the 6th I'll look for that to be the case if we haven't already seen it.
AUDJPY has been below for a couple of days, but today's downward move is the first significant movement under the cloud.
(apologies for the lack of a posted chart)Ignored
DislikedWe're only 50 pips away from 1.02. Hopefully we see that before US opens on Tuesday
Daily is also now below 200 SMA & 200 EMA.Ignored