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  • #1,029,641
  • Oct 2, 2015 4:29am Oct 2, 2015 4:29am
Quoting ill_be_back
Anybody having problem with OANDA, Cannot seem to place any kind of ORDER
First time I ever experienced this in 4 years. Server wouldn't accept orders, even limit orders.
Need a backup broker or two, to hedge position in case this ever happens again.

For nearly 1 hour stop didn't fill.
Fortunately this only cost me $200 (10 pips).

Once their servers were back up, AU fell 15 pips in 30 seconds.
Luckily my stop was filled immediately upon server working again (just 10 pips lower and 1 hour later).

It's as if all the orders were filled at once and that caused the quick drop. But I know that one broker (even one as big as Oanda) can't really move markets in that way. Even if all their clients maxed margin on market orders at the same time on the same pair, very little would happen.

I think it was just a coincidence.
Be hopeful in a winning position, and fearful in a losing position.
  • #1,029,642
  • Edited 6:36am Oct 2, 2015 4:34am | Edited 6:36am
Long 1.11629 sl 1.11588 tp 1.1206

lets see if it works out

risk reward ratio 1:10

It
didnt

entered again
Long 1.1160 SL 1.11544 TP 1.1206

I will have to learn to not put too tight SL at one point

no I have lsot hope about it , just been stopped twice because of that and if there was no stop I would have not lost anything .

SO i ll wait to be out of long underwater position and start trading back the way I was used too without 4 pips SL

which works out 1 out of 10 and makes you loose little by little a lot .
  • #1,029,643
  • Oct 2, 2015 4:37am Oct 2, 2015 4:37am
short uj 120 15 sl 11pip
If you are new to Forex? Say Goodbye to your account!!
  • #1,029,644
  • Oct 2, 2015 4:44am Oct 2, 2015 4:44am
Quoting KiwiTrada
short uj 120 15 sl 11pip
I would wait to see what will happen at 120.25
  • #1,029,645
  • Oct 2, 2015 4:48am Oct 2, 2015 4:48am
Quoting Majd
{quote} I would wait to see what will happen at 120.25
too late I am in, will reload at 25 if required
If you are new to Forex? Say Goodbye to your account!!
  • #1,029,646
  • Oct 2, 2015 4:48am Oct 2, 2015 4:48am
Remember the good old days when Greece farted and the Euro came down 200 pips?, those days are gone, nowadays prices goes down, up, for no reason at all.
It's the future of trading and it's coming to a broker near you.
  • #1,029,647
  • Oct 2, 2015 5:00am Oct 2, 2015 5:00am
Quoting Pipologist
{quote} Looks like a fake bounce to 70 if trade several minutes below 58, then closer to target
the bearish scenario is obvious in every perspectives!
one can try to pick bottoms, but we may be in the presence of the start of the bearish trend! all points that..
161.8% for sure, 1.1090..
at that point we may have some retracement, and there we will see if the trend starts or not!
open your eyelash!

ps: the nfp will shake price,can go up and after down...if I see price above 1210 this scenario is broken and SL, and I will be watching the reaction at 1260...
  • #1,029,648
  • Oct 2, 2015 5:07am Oct 2, 2015 5:07am
Quoting xandi
{quote} the bearish scenario is obvious in every perspectives! one can try to pick bottoms, but we may be in the presence of the start of the bearish trend! all points that.. 161.8% for sure, 1.1090.. at that point we may have some retracement, and there we will see if the trend starts or not! open your eyelash! ps: the nfp will shake price,can go up and after down...if I see price above 1210 this scenario is broken and SL, and I will be watching the reaction at 1260...
They're selling the rallies here, we'll see if this accelerates as we get closer to report time. Big moves usually start moving fairly quickly going into news.

"Buy the rumor sell the fact, or if you're shorting, sell the rumor, buy the fact."

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 106 KB
  • #1,029,649
  • Oct 2, 2015 5:15am Oct 2, 2015 5:15am
Quoting Pipologist
{quote} They're selling the rallies here, we'll see if this accelerates as we get closer to report time. Big moves usually start moving fairly quickly going into news. "Buy the rumor sell the fact, or if you're shorting, sell the rumor, buy the fact." {image}
yes yes, my perspective is never short time...almost every time price goes one way before the event, and as soon the event is released, price goes the opposite...so in this case I would not be surprised if price starts to go up now until the NFP...but, not every time that happens, so Im keeping the shorts until 1215, a retest to 1200 is preety possible before the fall starts...I will think again if I close the short and put sell limit at 1200...

ps: closed all and put Sell limit at 1.1195

good luck
  • #1,029,650
  • Oct 2, 2015 5:24am Oct 2, 2015 5:24am
Quoting xandi
{quote} yes yes, my perspective is never short time...almost every time price goes one way before the event, and as soon the event is released, price goes the opposite...so in this case I would not be surprised if price starts to go up now until the NFP...but, not every time that happens, so Im keeping the shorts until 1215, a retest to 1200 is preety possible before the fall starts...I will think again if I close the short and put sell limit at 1200... ps: closed all and put Sell limit at 1.1195 good luck
Actually what I was saying that it may begin to accelerate to the downside as we get closer to the report. Then again, as you have played it, prices may go up going into the report.

I think there have been massive sales at 92, 83, 77, 75, 65 and 60 so far. Nothing tells me, we are going up in the short term unless we get a hyper agressive 1 and 5 minute bar up.

We put in short term support at 55 but haven't been able to close successively below it, I suspect that we will soon and this down move will get faster.

Sorry for now if this discussion, took you out a little early. I'm letting BE and trailing stops take me out.
  • #1,029,651
  • Oct 2, 2015 5:30am Oct 2, 2015 5:30am
Quoting Pipologist
{quote} Actually what I was saying that it may begin to accelerate to the downside as we get closer to the report. Then again, as you have played it, prices may go up going into the report. I think there have been massive sales at 92, 83, 77, 75, 65 and 60 so far. Nothing tells me, we are going up in the short term unless we get a hyper agressive 1 and 5 minute bar up. We put in short term support at 55 but haven't been able to close successively below it, I suspect that we will soon and this down move will get faster. Sorry for now if this discussion,...
doubt it if 1154 will give in without a scrap
If you are new to Forex? Say Goodbye to your account!!
  • #1,029,652
  • Oct 2, 2015 5:31am Oct 2, 2015 5:31am
this years NFPs in pictures in EURUSD and USDJPY: top left corner shows the forecast value, the actual value, the difference. vol is the size of the candle at 8:30 (high-low) divided by the average close of the day before the nfp candle (times 100 to get percentage). I dont have a position.
Attached File(s)
File Type: pdf 2015-01-09.pdf   12 KB | 308 downloads
File Type: pdf 2015-02-06.pdf   12 KB | 271 downloads
File Type: pdf 2015-03-06.pdf   12 KB | 240 downloads
File Type: pdf 2015-04-03.pdf   12 KB | 316 downloads
File Type: pdf 2015-05-08.pdf   12 KB | 276 downloads
File Type: pdf 2015-06-05.pdf   12 KB | 246 downloads
File Type: pdf 2015-07-02.pdf   12 KB | 241 downloads
File Type: pdf 2015-08-07.pdf   12 KB | 285 downloads
File Type: pdf 2015-09-04.pdf   12 KB | 309 downloads
  • #1,029,653
  • Oct 2, 2015 5:35am Oct 2, 2015 5:35am
Quoting KiwiTrada
{quote} doubt it if 1154 will give in without a scrap
When (if) it does, it's just going to be more powerful to the downside. We already touched 539, the psychological 50 barrier, no one is going to step in and support it pre report time, these things sometimes move 40 to 70 pips up or down PRIOR TO news releases. We're already down 35 from the first massive sell off at 92, another 20 to 40 pips is just lunch money for whoever is initiating this move.

Another thing, usually don't like to analyze cross currencies, but the GBP report that came out earlier would have probably moved GBP and EUR more, but pre NFP...they're afraid of dollar strength. The market just absorbed any long GBP and long EUR trades even on relatively good news for the European economy in general. A generally "high impact" report, simply yawned at today. I don't think it's simply waiting for NFP numbers that caused that non movement. One would have expected a move up and then down again, but we are only going down and sideways, down and sideways, down and sideways....

Anyway right or wrong, that's my 2pips. Signing off for now.
  • #1,029,654
  • Oct 2, 2015 5:40am Oct 2, 2015 5:40am
Looks like it is heading towards 1.1150
  • #1,029,655
  • Oct 2, 2015 5:43am Oct 2, 2015 5:43am
Quoting Pipologist
{quote} Actually what I was saying that it may begin to accelerate to the downside as we get closer to the report. Then again, as you have played it, prices may go up going into the report. I think there have been massive sales at 92, 83, 77, 75, 65 and 60 so far. Nothing tells me, we are going up in the short term unless we get a hyper agressive 1 and 5 minute bar up. We put in short term support at 55 but haven't been able to close successively below it, I suspect that we will soon and this down move will get faster. Sorry for now if this discussion,...
I trade by my own bro, it was not this discussion who made me close the shorts...
the thing is that I´m seeing the all scenario different, if price after NFP is going to accelerate into the opposite, I want to be short after NFP, because the target I mention has to be taken obligatorily...so or price goes down 70 pips before NFP (which I doubt) and after pull back up fastly, or it goes up in order to after NFP go down 90/100 pips...

but now I´m flat, I also don´t like the spread at NFP, so I will wait after that!!
  • #1,029,656
  • Oct 2, 2015 5:48am Oct 2, 2015 5:48am
Quoting Pipologist
{quote} When (if) it does, it's just going to be more powerful to the downside. We already touched 539, the psychological 50 barrier, no one is going to step in and support it pre report time, these things sometimes move 40 to 70 pips up or down PRIOR TO news releases. We're already down 35 from the first massive sell off at 92, another 20 to 40 pips is just lunch money for whoever is initiating this move. Another thing, usually don't like to analyze cross currencies, but the GBP report that came out earlier would have probably moved GBP and EUR...
was no massive sell off from 92 4hr and daily is still tracking east for me daily 200 & 50 sma are converged so some big influences right now, good opportunity for a good trade,, overall I am still trading the bounce daily and wanting to see the ma,s cross then I can play the bounce up the 50 sma as she climbs pre NFP is always shitty pa, everyone knows it everyone expects it,
If you are new to Forex? Say Goodbye to your account!!
  • #1,029,657
  • Oct 2, 2015 5:49am Oct 2, 2015 5:49am
(long term) september high and september low....most important prices for me for all pairs...weekly closes above and belove this levels effect price actions for the rest of the trading year (till next september)

you can check it for the last few years prices...
gl all
do not stand out in the open with gun ;stand in the bushes with knife..
  • #1,029,658
  • Oct 2, 2015 5:50am Oct 2, 2015 5:50am
Quoting xandi
{quote} I trade by my own bro, it was not this discussion who made me close the shorts... the thing is that Im seeing the all scenario different, if price after NFP is going to accelerate into the opposite, I want to be short after NFP, because the target I mention has to be taken obligatorily...so or price goes down 70 pips before NFP (which I doubt) and after pull back up fastly, or it goes up in order to after NFP go down 90/100 pips... but now Im flat, I also dont like the spread at NFP, so I will wait after that!!
In other words take whatever you have on the table now, and then load up again after the fact. I understand your logic.
  • #1,029,659
  • Oct 2, 2015 5:55am Oct 2, 2015 5:55am
Quoting KiwiTrada
{quote} was no massive sell off from 92 4hr and daily is still tracking east for me daily 200 & 50 sma are converged so some big influences right now, good opportunity for a good trade,, overall I am still trading the bounce daily and wanting to see the ma,s cross then I can play the bounce up the 50 sma as she climbs pre NFP is always shitty pa, everyone knows it everyone expects it,
It's a matter of perspective. Not massive for a daily chart, but the most massive sell off of the day so far (just for today) going into NFP. Whoever, caused that blip down, I suspect was also part of other blips down today so far. It just wasn't a group of retail traders saying "it's a good time to sell or get out of longs now" it was very deliberate and fast on tick to 5 minute charts. With no news or data out at those times, it was very institutional or hedge fund-ish. You know Tuder Jones is a type of fund that trades like that.
  • #1,029,660
  • Oct 2, 2015 5:55am Oct 2, 2015 5:55am
waiting for US data
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