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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

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EURUSD

  • #153,301
  • Oct 16, 2009 3:42pm Oct 16, 2009 3:42pm
Quoting mikekneip
That wasn't a requote. At around 0440 - 0445pm EST Oanda switches to "weekend spreads". That happens every friday. I recommend planing your trades accordingly. (e.g. scalping won't work very well)
Thanks for the 411. I'll have to be more diligent on watching the time from now on, I guess?

It's strange though, that they change AFTER I am in the middle of a 1-pip spread - trade?
  • #153,302
  • Oct 16, 2009 3:46pm Oct 16, 2009 3:46pm
guys start using thinkorswim.com
  • #153,303
  • Oct 16, 2009 3:51pm Oct 16, 2009 3:51pm
Quoting PriceVolume
Sometimes you have to close and restart MT4 before it will recognize the indi, if the indi is saved to the indicators folder while the platform is open.
thanx that worked. but its still not what i want. that one dont have mirror image. this one does but only has candles. i need lines as an option and mirror image.. larger tf would be great also.. where i can place this over a 15m chart say and adjust the overlay to bigger tf ect. thanks for the help.. have a good weekend..
Attached File(s)
File Type: mq4 OverLayChart.mq4   9 KB | 423 downloads
those who can, do. those who cant, talk about those who can
  • #153,304
  • Oct 16, 2009 4:47pm Oct 16, 2009 4:47pm
Quoting d-e-f
I was just in the middle of a trade when Oanda requoted me from a 1 pip to 10 pip spread. I was watching the numbers when my profit disappeared and turned into a loss without a candle movement? Does this happen often or happen to anyone else?

The spreads on everything went from normal to wide in an instant.
I got bit the same way when I first started trading with Oanda but yes they actually do this weekend spread change at about the same time every Friday.

Oanda will tell you that their spreads reflect the "liquidity of the market" and that is true to some extent, I suppose, but in reality they have some more or less set ways for their spreads - you can find a graph of the spreads for all pairs on their website - shows change of spread level across the entire (typical) week.

Why do they only go down to 0.9 pip for their lowest spread on E/U, for instance? Why would they go lower if they don't have to?

I don't have a problem with Oanda but I will say that there seems to be plenty of room for competition in this retail forex game and if there were some healthy competition we would see lower(ing) spreads. But alas.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #153,305
  • Oct 16, 2009 5:28pm Oct 16, 2009 5:28pm
Quoting vinesh2
We tested 1.484 region twice in two days unable to break and I think next week will break that
Or it will go up.
  • #153,306
  • Oct 16, 2009 8:08pm Oct 16, 2009 8:08pm
so much for profit taking friday.. anyone feels that risk taking will continue come monday?
  • #153,307
  • Oct 16, 2009 8:26pm Oct 16, 2009 8:26pm
lol i found a funny video on margin call but the dangers are true... it is over at my blog..
  • #153,308
  • Oct 16, 2009 8:39pm Oct 16, 2009 8:39pm
hahahahaha

Quoting trading801
lol i found a funny video on margin call but the dangers are true... it is over at my blog..
skype: ststroud. let's talk trading.
  • #153,309
  • Oct 16, 2009 8:58pm Oct 16, 2009 8:58pm
Quoting tyler812
hahahahaha
i think he earned $1+ by the end of the video lol
  • #153,310
  • Oct 16, 2009 10:52pm Oct 16, 2009 10:52pm
Quoting trading801
i think he earned $1+ by the end of the video lol
I am afraid we will have to replace "he" with "JW" if euro drops overnight.
The Thief of Wall Street
  • #153,311
  • Oct 16, 2009 11:15pm Oct 16, 2009 11:15pm
Is this the moment so many have been prognosticating? With all the damning of the USD, is there any life left in the grand ole USA?

I will not best against Euro, but the dollar may have some life left before the fate is concreted in history. I never expected the chain of events that might lead to a significant equity market correction, since I have had all other scenarios debuffed, but the table may finally be set for some "change" in currency action.

Whatever! Long USDCAD myself, and I can only wait an see what happens next. My greatest hope is that if I am fortunate enough to catch any sort of reversal that I have the courage to hold long enough to make all the waiting and tribulations worthwhile.

Best of luck!
  • #153,312
  • Oct 16, 2009 11:17pm Oct 16, 2009 11:17pm
Quoting trading801
lol i found a funny video on margin call but the dangers are true... it is over at my blog..
Cool video. lol.
  • #153,313
  • Oct 16, 2009 11:21pm Oct 16, 2009 11:21pm
Quoting Chicky
I am afraid we will have to replace "he" with "JW" if euro drops overnight.
muahaahahaa lets wait for him to see this !
  • #153,314
  • Oct 17, 2009 2:18am Oct 17, 2009 2:18am
Quoting trading801
muahaahahaa lets wait for him to see this !
I'm too drunk and lazy to dig up the old posts. But don't make me find the ones about your margin calls.

But good luck finding any of mine.
Not all sins are created equal
  • #153,315
  • Oct 17, 2009 2:21am Oct 17, 2009 2:21am
Quoting Jay Walker
I'm too drunk and lazy to dig up the old posts. But don't make me find the ones about your margin calls.

But good luck finding any of mine.
Hey ! i wasnt the one who referenced the video to you..

its the chicky man!


biased drunken banana!
  • #153,316
  • Oct 17, 2009 2:23am Oct 17, 2009 2:23am
Quoting trading801
Hey ! i wasnt the one who referenced the video to you..

its the chicky man!


biased drunken banana!
Chicky didn't have any margin calls either
Not all sins are created equal
  • #153,317
  • Oct 17, 2009 2:29am Oct 17, 2009 2:29am
Quoting Jay Walker
Chicky didn't have any margin calls either
grrrrrrh
Attached Image
  • #153,318
  • Oct 17, 2009 2:34am Oct 17, 2009 2:34am
Quoting trading801
grrrrrrh
http://www.scalzi.com/whatever/lezkoala.jpg
Not all sins are created equal
  • #153,319
  • Edited 2:58am Oct 17, 2009 2:44am | Edited 2:58am
Quoting Jay Walker
Chicky didn't have any margin calls either
Not in last one year and it will never occur in the future - never ever. But 8 or 9 margin calls before that. Those were part of my plan to enter into forex business with real money trading on 1:400 leverage. However, lost less than the amount set-aside for this purpose - about one week's salary against a loss provision of one month's salary. But it was not me, it was PeterFM who saved me. I took his advice and went demo for eleven months after these margin calls on micro accounts. This saved 75% of my start-up cost.

Kindly remember I demoed for about seven/eight years before getting those margin calls learning how to control emotions while trading with real money. Losing a week's salary hurts, but it is better to learn in early stages.

ps. It will be interesting to know that during this learning process on micro account I once received margin call within 15 minutes of starting with fresh funds. On another occassion $130 account grew to $680 in one session. This is called betting the whole farm, it never pays off.
The Thief of Wall Street
  • #153,320
  • Oct 17, 2009 3:10am Oct 17, 2009 3:10am
Quoting Chicky
This is called betting the whole farm, it never pays off.
You got that right.
Not all sins are created equal
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