Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Oanda GM Discussion 0 replies

Oanda users - Oanda widening spreads 62 replies

Oanda order filling discussion 6 replies

OANDA Canada vs OANDA Corp. 4 replies

Euro/Dollar discussion 9 replies

Attachments: OANDA Discussion
Exit Attachments

OANDA Discussion

Quoting riclater211
{quote} Hey Hutch, There is no way in hell I would deposit 10mil in any one place. If/when I get that kind cash, I would stay far away from Forex or any trading for that matter. 10mil is full retirement money LOL... - Ric
Actually 10mil is full retirement cash for more than one person. Unfortunately many people that won lots of cash lost it all quickly. Here are some examples.

Inserted Video
Quoting Hutch
{quote} Actually 10mil is full retirement cash for more than one person. Unfortunately many people that won lots of cash lost it all quickly. Here are some examples. https://www.youtube.com/watch?v=J_Zz8ectW_A
80% of the worlds population are ignorant, stupid, inferior, greedy and lazy. If Warren Buffet lost all his money today, he would be rich again. These idiots in the video would lose it all again and are prime examples of why most people do not deserve to be wealthy.

- Ric
Be humble or get humbled
Quoting riclater211
{quote} 80% of the worlds population are ignorant, stupid, inferior, greedy and lazy. If Warren Buffet lost all his money today, he would be rich again. These idiots in the video would lose it all again and are prime examples of why most people do not deserve to be wealthy. - Ric
I'm sorry but I totally disagree with you about the first sentence. *80% of the worlds population are ignorant, stupid, inferior, greedy and lazy". The fact is that they were born in very poor countries that offer little opportunities or education. So they are ignorant only because they lack the education and opportunities that are available in rich countries. On the other hand they are not stupid, inferior, greedy and lazy as you stated. I totally agree with you about the statement you made in the last sentence although they were all living in a rich country, America.
Hey, does anyone know if anything can be done about the FIFO thing? I've never experienced this before, but i'm only new to OANDA. Does this count for all trade positions as a whole, or is it just FIFO per pair? I know it means First In First Out, I just don't know how they do it or if anything can be done to avoid it. Thank you!
Success is a daily habit
Quoting iggiduckets
Hey, does anyone know if anything can be done about the FIFO thing? I've never experienced this before, but i'm only new to OANDA. Does this count for all trade positions as a whole, or is it just FIFO per pair? I know it means First In First Out, I just don't know how they do it or if anything can be done to avoid it. Thank you!
Hey iggiduckets,

Sure, all you have you do is add/subtract 1 unit to each trade in the same pair in the same direction.

Example:

Long EURUSD @ 1.5000. You trade 1000 units. Long again 1.5050 this time either trade 999 or 1001. Next trade 998 or 1002 and so on. You can close any one of them anytime.

I found a VIDEO for you if you need a deeper explanation.

- Ric
Be humble or get humbled
Quoting Hutch
{quote} I'm sorry but I totally disagree with you about the first sentence. *80% of the worlds population are ignorant, stupid, inferior, greedy and lazy". The fact is that they were born in very poor countries that offer little opportunities or education. So they are ignorant only because they lack the education and opportunities that are available in rich countries. On the other hand they are not stupid, inferior, greedy and lazy as you stated. I totally agree with you about the statement you made in the last sentence although they were all living...
Hey Hutch,

Of course you are entitled to opinion so no need to apologize. Your answer is very politically correct a concept of which I do not believe in. Political correctness gives those same stupid, inferior, greedy and lazy people an excuse to be so. I was generalizing by the way. I don't pick and choose. In general, 80% of the pool of humans on earth, no matter where they are from are stupid, inferior, greedy and lazy as compared to their peers. As a matter of fact, I was being conservative. It is probably a higher percentage. If you like we can delve into this discussion elsewhere. I do not want to stray too far from the threads theme.

One last thing though. I had a professor who drilled into my brain that there are 3 types of people in the world. Sheep, herders and wolves. Most people are sheep. Sheep follow the heard and stay in line for fear of standing out. Herders control the sheep by feeding them, keeping them safe from the wolves as long as they do what they are told. The wolves try and eat the sheep and the herders, but the herders will always sacrifice the sheep to save themselves.

Something to think about.

Take Care,

- Ric
Be humble or get humbled
Quoting riclater211
{quote} Hey Hutch, Of course you are entitled to opinion so no need to apologize. Your answer is very politically correct a concept of which I do not believe in. Political correctness gives those same stupid, inferior, greedy and lazy people an excuse to be so. I was generalizing by the way. I don't pick and choose. In general, 80% of the pool of humans on earth, no matter where they are from are stupid, inferior, greedy and lazy as compared to their peers. As a matter of fact, I was being conservative. It is probably a higher percentage. If you...
Not all sheep are the same ...
Attached Image
Quoting Hutch
{quote} Not all sheep are the same ... {image}
LMFAO.... So true... LOL... That's a good one... I know a few of those...
Be humble or get humbled
Guys
Have a look at your Oanda FX trade chart , USD/NOK .
5 min chart .
6th june , 11:55 and 12:00 candles .
Huge spread widening , 150 pips aproximately .
Guess what the live chat person explanation was ?
None ....some script reading .....
I am afraid Oanda's reputation is fading .
Wondering why ????
Anyone knows how to add "1 month" time period on fxTrade?
Quoting yanitsa
Guys Have a look at your Oanda FX trade chart , USD/NOK . 5 min chart . 6th june , 11:55 and 12:00 candles . Huge spread widening , 150 pips aproximately . Guess what the live chat person explanation was ? None ....some script reading ..... I am afraid Oanda's reputation is fading . Wondering why ????
Are you surprised? Next time check their historical spreads and you'll see that 150 on lower side for this pair. 200-500 is quite normal.
Are you surprised? Next time check their historical spreads and you'll see that 150 on lower side for this pair. 200-500 is quite normal.

I have actually !
But 280 pips on European CPI ???
Please !
A few questions to Oanda's reps
1. why the company ignores customers for years and years? People asked for dark theme ignore, people asked for price alerts-ignore...WHY? is it too much to ask?
Quoting jaguarxj1
A few questions to Oanda's reps 1. why the company ignores customers for years and years? People asked for dark theme ignore, people asked for price alerts-ignore...WHY? is it too much to ask?
I don't know what platform you are using but Meta4 has any theme you want with price alerts too.
Pride always comes before destruction.... -Proverbs 16:18
Quoting yanitsa
Guys Have a look at your Oanda FX trade chart , USD/NOK . 5 min chart . 6th june , 11:55 and 12:00 candles . Huge spread widening , 150 pips aproximately . Guess what the live chat person explanation was ? None ....some script reading ..... I am afraid Oanda's reputation is fading . Wondering why ????
I need a little bit more information. The only spike I see that day, other than the normal end of day spike, is a pre USD news Spike which is also normal for an exotic pair like USDNOK. I attached a chart of the spread history.

Do not be so quick to judge before you understand how things work. It makes you look like you do not know what you are talking about.

- Ric
Attached Image (click to enlarge)
Click to Enlarge Name: USDNOK.png Size: 67 KB
Be humble or get humbled
Quoting zOrO2kX
Anyone knows how to add "1 month" time period on fxTrade?
It is not offered on FXTrade.

- Ric
Be humble or get humbled
Quoting yanitsa
Are you surprised? Next time check their historical spreads and you'll see that 150 on lower side for this pair. 200-500 is quite normal. I have actually ! But 280 pips on European CPI ??? Please !
Again, that pair is not heavily traded. No liquidity means more expensive to trade. Here is something to think about. 3 of most the popular Brokers that offer USDNOK. Averages pulled from each website.

Oanda Average spread is 28 (Spikes up to 300)

IG average spread 37 (Spikes up to 250)

Forex.com average spread 32 (Spikes up to 350)

Any reputable broker has dynamic spreads. That means prices are based on liquidity. USDNOK is not a highly liquid pair. So you will pay when the market reacts to news or low trading liquidity.


- Ric
Be humble or get humbled
Quoting jaguarxj1
A few questions to Oanda's reps 1. why the company ignores customers for years and years? People asked for dark theme ignore, people asked for price alerts-ignore...WHY? is it too much to ask?
You have no idea what you are talking about. If you cant even figure out how to use a dark theme on FXTrade or MT4 or Trading View, you have no business trading. Save yourself some time and money and just quit now.

FXTrade- Click TOOLS > COLOUR SCHEME > Pick the theme you want.

Price alerts - Available on Mobile App. Click MORE > PRICE SIGNALS > PRICE > SELECT PAIR > SET PRICE POINT + SET EXPIRY

Why on mobile only? So you do not have to sit by your computer to get alert. Forward thinking huh?

Make sure before you complain.

- Ric
Be humble or get humbled
Quoting riclater211
{quote} It is not offered on FXTrade. - Ric
Fxtrade mobile has monthly.
Pride always comes before destruction.... -Proverbs 16:18
Quoting Expo33
{quote} Fxtrade mobile has monthly.
Hey Expo33,

Yea that is correct. Thanks Expo33. It is available on the Mobile App.

- Ric
Be humble or get humbled
1 trader viewing now