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  • #3,721
  • Nov 16, 2007 10:08pm Nov 16, 2007 10:08pm
Quoting amenlo9
i was experienced this issue too.when ever i entry,the price will be filled 2 pips above quote price and fell back 2 pips after second.then i was in minus 4 pips!!

this even happened when you want to take profit.normally price will close less 1-2pips
When did this start for you? Did you make a lot of money before Oanda started doing this?
  • #3,722
  • Nov 16, 2007 10:29pm Nov 16, 2007 10:29pm
Quoting nhallmark
When did this start for you? Did you make a lot of money before Oanda started doing this?
it happened quite someday already.this week is even worse.their platform always disconnected slow entry and slow response.the price on chart is stalled for few second before big move.you can compare this with EFX's price.

i made big percentage of my account but not big money.still don't trust market maker with big money.but everything seem good when u place longterm entry.you get what you see and never fail me.
  • #3,723
  • Nov 17, 2007 12:56am Nov 17, 2007 12:56am
Quoting amenlo9
it happened quite someday already.this week is even worse.their platform always disconnected slow entry and slow response.the price on chart is stalled for few second before big move.you can compare this with EFX's price.

i made big percentage of my account but not big money.still don't trust market maker with big money.but everything seem good when u place longterm entry.you get what you see and never fail me.
Do you remember when it started? It's interesting that you say this week has gotten worse. Me and Shutopia were talking about this and it's gotten worse for us this past week as well.
  • #3,724
  • Nov 17, 2007 1:44am Nov 17, 2007 1:44am
Quoting nhallmark
Do you remember when it started? It's interesting that you say this week has gotten worse. Me and Shutopia were talking about this and it's gotten worse for us this past week as well.
since last week when E/J was having big downtrend
  • #3,725
  • Nov 17, 2007 3:14am Nov 17, 2007 3:14am
Quoting amenlo9
since last week when E/J was having big downtrend
Wow. Same for me. I will send you a PM in a couple of days about it.
  • #3,726
  • Nov 17, 2007 10:30am Nov 17, 2007 10:30am
Same problem for me.

If I started the day with 2 good moves and produced nearly 40 PIPS, the latency and the order time got to be bigger and bigger.

My personal answer is.... Get in.... catch one good move... get out...
and come back tommorow.

Works fine for me.


If u´ve noticed, that something could be wrong. Go home. Or it´s the only chance for u to change your strategy to long term trades. (daytrend)
  • #3,727
  • Nov 17, 2007 11:52am Nov 17, 2007 11:52am
Quoting FlashCall
Yes, the FIX engine is from Onix Solutions (http://www.onixs.biz/).

Also, they have FIX direct connection engines (http://www.onixs.biz/test2/FIXEngines/directConnect/) that connects directly to ECN's like CurrenEx, Hotspot and ofcourse EFX

Thanks!
  • #3,728
  • Nov 18, 2007 2:50am Nov 18, 2007 2:50am
The consistent slippage and latency alot of people including myself have experienced the past couple weeks has been pretty uncharacteristic of Oanda. I've had an account w/ them since 2003 and hope this will not become permanent. They are doing a server update this weekend so hopefully the problem has been a system issue rather than a determined course of action by them towards individual traders. I am inclined to be optimistic and hope for the best due to my previous experience.

I've noticed lately that when I click to enter a trade, all action on the platform will stop. As soon as the order is completed, action resumes and there will almost always be immediate price movement, which I would expect, that had actually occured during the 3-7 seconds it took for my entry to be completed that the platform had to register once it started updating after my entry. That will be the first thing I look for an improvement in once the market opens Sunday.

~Pinnacle
  • #3,729
  • Nov 18, 2007 2:41pm Nov 18, 2007 2:41pm
Quoting Pinnacle
hopefully the problem has been a system issue rather than a determined course of action by them towards individual traders.
This seems more likely to me than them having a system that identifies
and weeds out successful traders.

Thanks and Welcome Pinnacle!
  • #3,730
  • Nov 18, 2007 5:52pm Nov 18, 2007 5:52pm
Quoting ycomp
3am EST is excellent... that is London open. (I think)
sorry, but i think this is wrong. London open is 1am EST no?
  • #3,731
  • Nov 18, 2007 6:25pm Nov 18, 2007 6:25pm
Quoting giraia_br
sorry, but i think this is wrong. London open is 1am EST no?
no
  • #3,732
  • Nov 18, 2007 6:38pm Nov 18, 2007 6:38pm
Quoting giraia_br
sorry, but i think this is wrong. London open is 1am EST no?
3AM EST is 8AM GMT. (London open)

http://www.timezoneconverter.com/cgi-bin/tzc.tzc
  • #3,733
  • Nov 18, 2007 7:19pm Nov 18, 2007 7:19pm
thanks Falshcall and Nesnaika.
  • #3,734
  • Edited 2:23am Nov 19, 2007 2:06am | Edited 2:23am
The fastest "Daily Bread" trade yet on London open.

Starting to see how a very high degree of consistency
is definitely possible with more and more experience.
Of course I'm not there yet. It doesn't matter to me
if it takes more time or not. I'm not going anywhere until
I achieve it. Then I'm still not going anywhere.
Why would I? LOL
Attached Image
  • #3,735
  • Nov 19, 2007 2:46am Nov 19, 2007 2:46am
my third green day in a row, I feel i am starting to get this. confrimation and patience is my key. I am now using the angle of the spine to tell me if this has legs or not. I prefer to see a flowing spine not choppy to a break. yellow lines are the main reason i was sold on these trades. 5 out of 6 tonight and the damn 6th one ended up going in my favor! o well can't win them all the spine on the sixth trade was not as sharp as the others. I am also trading spine range brake outs.

That's it for tonight. ** my sixth trade was taken after the screen shot**

Good scalping....

Joseph
Attached Image (click to enlarge)
Click to Enlarge Name: Today's trades 191107.JPG Size: 175 KB
  • #3,736
  • Nov 19, 2007 2:57am Nov 19, 2007 2:57am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting >Apocalypto<
my third green day in a row, I feel i am starting to get this. confrimation and patience is my key. I am now using the angle of the spine to tell me if this has legs or not. I prefer to see a flowing spine not choppy to a break. yellow lines are the main reason i was sold on these trades. 5 out of 6 tonight and the damn 6th one ended up going in my favor! o well can't win them all the spine on the sixth trade was not as sharp as the others. I am also trading of spine range brake outs.

That's it for tonight. ** my sixth trade was taken after the screen shot**

Good scalping....

Joseph

Hey Joseph,

Great to see how your are approaching the Rainbow... ...

It is always, always beneficial to see others' take on a concept...

Keep it up!!


Thanks,

Magnus
  • #3,737
  • Edited 7:19am Nov 19, 2007 4:38am | Edited 7:19am
Ufff, scary trades today.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 11_19_2007_EUR_JPY_2.JPG Size: 175 KB
  • #3,738
  • Nov 19, 2007 9:20am Nov 19, 2007 9:20am
Interactive brokers increased account opening minimum to $10000 :-(
I guess, ButtonTrader will have to wait until I get there...

Is EFX really better than Oanda for scalping or are they actually in the same league? Demo (on EFX) worked well for me, but I am not so sure about a real account and it looks like spreads are very often higher than on Oanda (especially considering commission). At the same time there are so many slippages on Oanda lately...
  • #3,739
  • Nov 19, 2007 9:51am Nov 19, 2007 9:51am
Quoting DrainBamage
Interactive brokers increased account opening minimum to $10000 :-(
I guess, ButtonTrader will have to wait until I get there...

Is EFX really better than Oanda for scalping or are they actually in the same league? Demo (on EFX) worked well for me, but I am not so sure about a real account and it looks like spreads are very often higher than on Oanda (especially considering commission). At the same time there are so many slippages on Oanda lately...
??? 10.000??? i was thinking it was 50.000! Why people use Currenex which needs 25.000 if Interactive is 10.000(and was 5.000)?

well, but by now Oanda is the only place i able to open a account= no minimal deposit...
  • #3,740
  • Nov 19, 2007 10:22am Nov 19, 2007 10:22am
Quoting DrainBamage
Interactive brokers increased account opening minimum to $10000 :-(
I guess, ButtonTrader will have to wait until I get there...

Is EFX really better than Oanda for scalping or are they actually in the same league? Demo (on EFX) worked well for me, but I am not so sure about a real account and it looks like spreads are very often higher than on Oanda (especially considering commission). At the same time there are so many slippages on Oanda lately...
I have noticed that the spread on EFX demo is often <1 spead. But it will happen in m.sec. so you have to find a working system for you to take only the < 1 spread. Commission worries me for quick scalps in this stadium.

I don't like the 2.3> spread on Oanda (E/J), therefore I cannot take all trading opportunities and end up losing more when price turns against me; I don't like that. Today I have noticed no slippage till New-york open; luckely no trades when bad because of those small slips. Today I have tried the EUR/CHF with the 1 spread on Oanda and because it's not moving so fast today I end up with atleast 1 pip profit, just with trading up and (mostly) down.

E/J didn't work for me so well today. EUR/CHF did, because of it's "relaxing" waves and 1 pip spread.
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