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Oanda trade rejected

  • #1
  • First Post: Jun 8, 2010 4:10am Jun 8, 2010 4:10am
Server rejected trade: trade below limit

Oanda is refusing to let me take market orders at this very moment on eurousd
  • #2
  • Jun 8, 2010 4:14am Jun 8, 2010 4:14am
I get that a lot when using their platform and I don't know what it means.
I've been using their FxSpyder plateform for a while and that doesn't happen anymore.
I'd still be glad if you have an answer to that problem.
  • #3
  • Jun 8, 2010 4:19am Jun 8, 2010 4:19am
Quoting Intensity
I get that a lot when using their platform and I don't know what it means.
I've been using their FxSpyder plateform for a while and that doesn't happen anymore.
I'd still be glad if you have an answer to that problem.
AFter clicking about 30 times, finally got the trade at 2923, when i closed at market on mt4 (dual trades, oanda and fxpro at same time) fxpro gave me my 8pips , but Oanda robbed me at closed the trade at 29234. Not impressed!
  • #4
  • Jun 8, 2010 4:23am Jun 8, 2010 4:23am
Quoting StephanusR
AFter clicking about 30 times, finally got the trade at 2923, when i closed at market on mt4 (dual trades, oanda and fxpro at same time) fxpro gave me my 8pips , but Oanda robbed me at closed the trade at 29234. Not impressed!
Same here ! It's one of their aspects that I don't like at all. Even though I'm robot trading these days, there can always be an emergency and I'd like to be able to do these things manually.
  • #5
  • Jun 8, 2010 4:27am Jun 8, 2010 4:27am
Quoting StephanusR
AFter clicking about 30 times, finally got the trade at 2923, when i closed at market on mt4 (dual trades, oanda and fxpro at same time) fxpro gave me my 8pips , but Oanda robbed me at closed the trade at 29234. Not impressed!
Got in on another euro trade at 1906, but got delayed prices from oanda vs. fxpro.
  • #6
  • Jun 8, 2010 6:15am Jun 8, 2010 6:15am
Quoting StephanusR
Server rejected trade: trade below limit

Oanda is refusing to let me take market orders at this very moment on eurousd
Are you trading with 100% margin
My trade was rejected once because of that reason.
Solution was to set it to 99.99%
  • #7
  • Edited 8:35am Jun 8, 2010 7:19am | Edited 8:35am
FxPro and Oanda are currently having the same prices so how could you had 8 pips difference between two identical orders? I don't think they have delayed quotes since people complain of having the fastest feed among brokers. There may indeed be delays when connection status is anything else but green. But why would you trade then? Just to get a confirmation that the broker is having a problem? If this wasn't the case, I suggest you before start complaining, firstly have a chat with one of their representatives and post it as you could have already been provided with a solution or an explanation. And remember that such a large company can't afford playing tricks with some algorithms by which they rob their clients. I think that volume generated by traders is enough to make a lot of money just from spreads.
  • #8
  • Jun 8, 2010 9:33am Jun 8, 2010 9:33am
http://digilander.libero.it/le.facci...feste/1348.gif
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  • #9
  • Jun 8, 2010 9:36am Jun 8, 2010 9:36am
Website and platform are working here.
  • #10
  • Jun 8, 2010 9:45am Jun 8, 2010 9:45am
Quoting Intensity
Website and platform are working here.
Time to close your positions.
I have a bad feeling about Oanda's connection
  • #11
  • Jun 8, 2010 9:52am Jun 8, 2010 9:52am
The worst is that it happened a lot last month And that completely destabilized my robot.
  • #12
  • Jun 8, 2010 9:52am Jun 8, 2010 9:52am
Quoting futures
Time to close your positions.
I have a bad feeling about Oanda's connection
Again my Oanda platform and fxpro froze on the strong spike down on usdjpy moments ago. Oands keeps on disconnecting me on strong euro yen movements. But my fxopen was working fine and they are the ones who had their license revoked! So what is going on, I can't trade like this.....
  • #13
  • Jun 8, 2010 9:57am Jun 8, 2010 9:57am
Quoting xy100
Are you trading with 100% margin
My trade was rejected once because of that reason.
Solution was to set it to 99.99%
Trading way below my margin limit.
  • #14
  • Jun 8, 2010 9:58am Jun 8, 2010 9:58am
Quoting StephanusR
Again my Oanda platform and fxpro froze on the strong spike down on usdjpy moments ago. Oands keeps on disconnecting me on strong euro yen movements. But my fxopen was working fine and they are the ones who had their license revoked! So what is going on, I can't trade like this.....
Oanda's feed didn't have any problem here. In fact, a take profit order was reached and my platform made a ka-ching sound. But I didn't take your money because that was on EURUSD.
  • #15
  • Jun 8, 2010 10:09am Jun 8, 2010 10:09am
Quoting Intensity
Oanda's feed didn't have any problem here. In fact, a take profit order was reached and my platform made a ka-ching sound. But I didn't take your money because that was on EURUSD.
Got my scalps in though on Yen in spite of the server issues, managed 39 trades with only one loss.
Attached Image (click to enlarge)
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  • #16
  • Jun 8, 2010 10:13am Jun 8, 2010 10:13am
Looks like you do 5 pips scalps. Mine are 3 pips on EU and 6 pips on EJ & GU. And that's a beautiful account statement, more than 100% gain, congrats StephanusR

I scalp on 10 sec charts and that's why I need Oanda. How do you do it with 1 min charts ?!?
  • #17
  • Jun 8, 2010 10:19am Jun 8, 2010 10:19am
Quoting Intensity
Looks like you do 5 pips scalps. Mine are 3 pips on EU and 6 pips on EJ & GU. And that's a beautiful account statement, more than 100% gain, congrats StephanusR

I scalp on 10 sec charts and that's why I need Oanda. How do you do it with 1 min charts ?!?
Thanks for the kind words Intensity. I combine scalping with more 20ish like pips on the 15min chart . The 5min confirms the 15min, with the 1min getting my timing in exactly. Usually the draw-downs are around 5pips . Took me many months of effort to figure out what to look for, was very difficult.
  • #18
  • Jun 8, 2010 10:25am Jun 8, 2010 10:25am
Quoting StephanusR
Server rejected trade: trade below limit

Oanda is refusing to let me take market orders at this very moment on eurousd
I believe that the price has moved beyond your upper bound or lower bound limit.
  • #19
  • Jun 8, 2010 10:26am Jun 8, 2010 10:26am
Quoting StephanusR
Thanks for the kind words Intensity. I combine scalping with more 20ish like pips on the 15min chart . The 5min confirms the 15min, with the 1min getting my timing in exactly. Usually the draw-downs are around 5pips . Took me many months of effort to figure out what to look for, was very difficult.
You're still faster than me. It took me years to figure it out, and now I use 5 & 30 minutes as the larger trend/range, 1 min for potential signals and 10 sec for entry points. And even with all that I still have some losses but that's part of the game

How would you describe the psychology behind your system ? I look for price discrepancies or obvious stop hunting. That can give me 8 trades in 1 hour or zero trade in 2 days.

Oanda has their problems but they have the magic 10 sec chart that really improved my trading + an automated trading plateform. Without that, 10 sec trading is too time consuming.
  • #20
  • Jun 8, 2010 10:30am Jun 8, 2010 10:30am
Quoting ForexQuant
I believe that the price has moved beyond your upper bound or lower bound limit.
You mean that the price is higher/lower than when the order was passed ? It's possible but I stopped having these errors message when I started using the paying Oanda platform. My guess is that they know what they are doing and they WANT to have their free platform with some errors. But that's just my guess.

And that being said, there are still some connection errors when you pay...
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