my stop at 1.4650 was taken out by FXSOL on Sunday because on their platform the lowest EUR reached 1.4645. I checked other charts such as MT4 Alpari and FXCM, the lowest EUR ever reached is 1.4658. If you look at the chart from their FXaccucharts they sent me, there is spike downward at 16pm Sunday when there is no news. This is their reply to my query:
Dear sir, Thank you for your inquiry. Please refer to the attached screen shot of the intraday low of the EUR/USD at 1.4645 on Aug 17 at precisely 4:24pm Eastern Standard Time (NY). Although other sources such as MetaTrader and FXCM will show a different low, please be made aware that is not a "Centralized" type of exchange where there will be a unified price with every broker, but this is rather a global type of market similar to an over-the-counter exchange.Exchanges such as the Stock Market or Bond Market will show you the same price and range on a given day. This is not the case for a global market free exchange. We provide you with the most up-to-date and competitive Global Interbank Prices.These are the very same rates that that was once exclusive only for banks now made available to you through our retail platform.FX Solutions use only the most scientific method of price discovery that uses advanced algorithyms and is run by a computer and not a person on the other side. For your guidance, all the brokers and banks start the new trading day commencing at 5:00 pm every day to capture the movements of the incoming Asian session.That being the reason why the ranges are reset daily at 5:00 pm EST. There is no discrepancy at all with the prices we displayed on our platform that showed the intraday low of 1.4645. I trust this will answer your query. Kind Regards Chris AdvinculaFX Solutions LLC
Dear sir, Thank you for your inquiry. Please refer to the attached screen shot of the intraday low of the EUR/USD at 1.4645 on Aug 17 at precisely 4:24pm Eastern Standard Time (NY). Although other sources such as MetaTrader and FXCM will show a different low, please be made aware that is not a "Centralized" type of exchange where there will be a unified price with every broker, but this is rather a global type of market similar to an over-the-counter exchange.Exchanges such as the Stock Market or Bond Market will show you the same price and range on a given day. This is not the case for a global market free exchange. We provide you with the most up-to-date and competitive Global Interbank Prices.These are the very same rates that that was once exclusive only for banks now made available to you through our retail platform.FX Solutions use only the most scientific method of price discovery that uses advanced algorithyms and is run by a computer and not a person on the other side. For your guidance, all the brokers and banks start the new trading day commencing at 5:00 pm every day to capture the movements of the incoming Asian session.That being the reason why the ranges are reset daily at 5:00 pm EST. There is no discrepancy at all with the prices we displayed on our platform that showed the intraday low of 1.4645. I trust this will answer your query. Kind Regards Chris AdvinculaFX Solutions LLC
Attached Image (click to enlarge)
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