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GBP/USD Spike

  • #1
  • First Post: Aug 21, 2006 9:44pm Aug 21, 2006 9:44pm
Did anyone just see a giant spike on GBP/USD?

I'm using FXDD live and demo and see this.

Just wondering if its real and if so what news or other reason can explain this?

Best Regards
AH.
  • #2
  • Aug 21, 2006 9:48pm Aug 21, 2006 9:48pm
Quoting Achilles heel
Did anyone just see a giant spike on GBP/USD?

I'm using FXDD live and demo and see this.

Just wondering if its real and if so what news or other reason can explain this?

Best Regards
AH.
I just got the same thing on my demo as well. It's a problem with FXDD as my FXSol feed didn't even budge.
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  • #3
  • Aug 21, 2006 9:51pm Aug 21, 2006 9:51pm
Thats bad if its not real, it happened in my live FXDD feed as well as the demo.

Fortunately for me I was not in a trade at the time but that could easily have stopped me out of a trade if the situation were different.

Guess I will need to monitor other feeds as well while I have trades on.

Best Regards,
AH
  • #4
  • Aug 21, 2006 9:53pm Aug 21, 2006 9:53pm
I got it too !!!
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  • #5
  • Aug 21, 2006 11:00pm Aug 21, 2006 11:00pm
Quoting Dan7974
I got it too !!!
I have a live account and have a cable trade on it... it happened in front of my eyes.
Now FXDD is so slow, something's happening to FXDD; the service is not as good as it used to be, a lot of "no connection" and so on...
  • #6
  • Aug 22, 2006 6:36am Aug 22, 2006 6:36am
hi

its not the first time that the feed of FXDD has a such a spike.

here in this thread you can see another one

http://www.forexfactory.com/forexfor...ead.php?t=5533
  • #7
  • Aug 22, 2006 6:44am Aug 22, 2006 6:44am
That is their way of taking out stops. IE, taking your money.Never put a manual stop in. Always have a mental stop.
  • #8
  • Aug 22, 2006 1:25pm Aug 22, 2006 1:25pm
Maybe you should keep a sell limit about 100 pips above the going rate and
a buy limit 100 pips below. That way if it happens again you'll have a position 100 pips in the black out of nowhere.

Spikes like that do happen every now and then with the peso.
  • #9
  • Aug 22, 2006 4:26pm Aug 22, 2006 4:26pm
Quote
Data spike not stop hunting
<hr style="color: rgb(209, 209, 225);" size="1"> Contacted FXDD support and responded that there was a data spike on the charts but it did not effect the actual tradeable rate.
http://www.forex-tsd.com/general-dis...html#post44228
  • #10
  • Last Post: Aug 22, 2006 9:30pm Aug 22, 2006 9:30pm
I had a spike on my FXCM account went from +2pips to +43 pips ( ish it was too quick ), I tried to hit close in time, but failed, then went straight back


1second more and free $$$'s.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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