2) i don't agree with daveL's emphatic "Brokers/dealers don't stop hunt!" - you have no evidence that they don't, and there is plenty to support that they do.Ignored
Dislikedyou think they will restore your trade if you would be 100 pips back in profitIgnored
Disliked2) i don't agree with daveL's emphatic "Brokers/dealers don't stop hunt!" - you have no evidence that they don't, and there is plenty to support that they do.Ignored
DislikedI've always try to convince my clients to drop the conspiracy theories:
Brokers/dealers don't stop hunt!!
People who think they do simply don't understand how the system works.Ignored
DislikedFirst of all, brokers/dealers hedge their net exposure as a whole, and they simply don't look at individual orders' SL to see which ones they can pick off.
DislikedI'm always astonished at how some people brag about their oversized accounts and how bad such and such broker is for large traders, how they get stop hunted when they just had this 'perfect' setup and lost gazillions of moolah from trading 10^10 lots.
I am not a representative of any broker, I have been trading stocks, comms, and forex for 15 years now, and in all that time I have -never- had ANY issue with any of my brokers, and oanda is one of them. I trade all timeframes, I would classify my accounts as 'decently large' (i.e. I can trade 100 lots without sweating my shirt worrying about margin) with every broker I am with at the moment, and quite frankly: the best thing you can do about those trolls who bring forth nothing but unsubstantiated claims against quite reputable brokers is to ignore them.
if you have proof that oanda or similar brokers stop hunted you, post it. if you don't, or if the best you can contribute to a discussion is 'xyz has always been bad, from day one' or 'they will cheat you if you trade 100 lots or more' without supplying details, then why do you bother to post at all?
Anybody with reasonable trading experience will not take you serious anyway, and all you are doing to newcomers is worry them excessively, preventing them from being able to draw their conclusions from evidence and fact rather than third class hearsay and rumours.
perhaps you would like to contribute something on that topic?
Dislikedinstead of replying to your testosterone driven remarks?
you are ascerting oanda is manipulating prices to their benefit. can you prove it? if not, it constitutes libel.
unless you have inside information, in which case you are again breaching the law by disclosing it, you cannot know that oanda does that. the number of reasons behind such a glitch is legion, it could be anything, starting with a software/application bug.
if you want to find out, contact oanda, and compare their response with what other feeds said at the very same point in time. if you are dissatisfied and/or lost money and oanda wont refund you, pull out your money, that simple.
I just dont see why an organisation would so knowingly and blatantly wreck their reputation for a negligible amount of additional profits, compared to what they make from executing tons of trades every second anyway.
DislikedIt doesn't matter why they've sent it. Someone called me a liar for mentioning the email, that's why I have posted it. The important subject here is that the broker is the counter party in our business and they win more when we lose. They have a motive and legal right to hunt stops. That's why people should watch out when they pick themselves a broker.Ignored
DislikedThat is not slippage, that's order-driven price manipulation for Oanda's benefit. The market was not volatile as can be seen from the other price feeds. The NFP release had already been and gone, spreads were more or less back to normal.
Slippage would be if you tried to platform arb the difference and got filled at 1.5695 which is exactly what would have happened, Oanda aren't stupid enough to leave themselves exposed to such risk.Ignored
DislikedAs to your rant..... I have been trading with Oanda for three years.... I have seen erroneous price spikes go both ways, for me and against me.... in both cases the corrections have been made without problem or circumstance.
Remember first there is a lot of crap that can happen on the internet that is way outside the control of you and your broker. be happy the broker is willing to fix the problem with out having to twist their arm and make complaints.Ignored
DislikedAll I see here is quote panels..... I don't see any pertinent dates to correlate any of these prices to.Ignored
DislikedThe fact you waited over a month to post this disparity just tells me ... Well BS so have fun with our flaming Oanda.... I'm done with this thread.Ignored