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300 pips spike on my chart

  • #1
  • First Post: May 26, 2008 5:59pm May 26, 2008 5:59pm
I was away and and I returned to my computer I saw a spike of almost 300 pips on Sunday, May 25, around 17:00 on my broker's charts. I don't see this spike on Oanda charts.
Anyone else?
  • #2
  • May 26, 2008 6:15pm May 26, 2008 6:15pm
Quoting motanu
I was away and and I returned to my computer I saw a spike of almost 300 pips on Sunday, May 25, around 17:00 on my broker's charts. I don't see this spike on Oanda charts.
Anyone else?
it will help if you tell us who's your broker
If I Go Broke Trying Then I Will die happy.
  • #3
  • May 26, 2008 7:35pm May 26, 2008 7:35pm
CMS
  • #4
  • May 26, 2008 7:46pm May 26, 2008 7:46pm
What pair?
  • #5
  • May 26, 2008 8:05pm May 26, 2008 8:05pm
Yeah, sorry, I was in a hurry and wasn't very clear.
It's GBP/JPY.
Meantime I contacted CMS and they told me it was an error and will be corrected. Luckily I didn't have any open trade at that time
  • #6
  • May 26, 2008 9:08pm May 26, 2008 9:08pm
if this stuff happens just call your broker and usually they will do thier best to make right on what is obviously a technology error. i think that this sort of thing is unavoidable once in a blue moon
  • #7
  • May 27, 2008 8:18am May 27, 2008 8:18am
300 pip ?!!!!!
  • #8
  • May 27, 2008 5:34pm May 27, 2008 5:34pm
Quoting MRmojtaba
300 pip ?!!!!!
263 pips actually.

The 15 min bar:
Date/Time = 25/05/2008 17:00
Open = 204.50
High = 204.50
Low = 201.87
Close = 204.40
Volume = 23

Happened in both demo and live charts.
  • #9
  • May 28, 2008 7:57am May 28, 2008 7:57am
Quoting motanu
CMS
I use MGforex, and I didnt see it. But 300....WOW
  • #10
  • May 28, 2008 8:36am May 28, 2008 8:36am
Quoting cka6c
I use MGforex, and I didnt see it. But 300....WOW
Next time you'll see it on MG but CMS will be ok.. Shit happens.
  • #11
  • May 28, 2008 9:19am May 28, 2008 9:19am
Quoting lavatrader
Next time you'll see it on MG but CMS will be ok.. Shit happens.

What does that have to do with anything? Did I offend you? or hurt your feelings? are you upset? do you want a hug?
  • #12
  • May 28, 2008 9:22am May 28, 2008 9:22am
Quoting lavatrader
Next time you'll see it on MG but CMS will be ok.. Shit happens.

BTW, 300 pip spike is something that I have never ever seen happen with MGforex. Dont tell me shit happens, if it's the market then it is understandable. But if the broker's system is what screwed me over, then I will raise hell.

Shit doesn't happen with 300 Pip spike. Complaint to the NFA is what would happen with a 300 PIP spike
  • #13
  • Last Post: May 28, 2008 10:10am May 28, 2008 10:10am
Nothing like anywhere near that kind of move from any of my brokers and all of them are market makers. I see it on my daily or weekly charts often enough though
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