DislikedThank you all, especially Mr. Davit, for his very excellent FF Thread and selfless teachings in Forex trading! However, I am very concerned why my Oanda GMT-5 Demo account bypassed my TP on AN with Friday's NY Close? I lost -26.9 Pips in a wham move by the MM Bears without profiting. Apparently, this was a small demo loss of $1.38 USD with only one micro lot of 0.01. However, this could be worse with multiple lots of any size. Did anyone else experience a AN loss, too? Is it that Oanda doesn't really directly handle the AN pair...Ignored
This is common at close pairs like AN spread can increase as much as 30pips and the reason your SL did not get hit because even though on the chart looks clearly passed SL but in actually SL gets triggered after the spread.
I have Oanda and have no issues since I don't set hard SL's however I had MBtrading and I did close that account.I like Oanda but if you are going to scalp I suggest find brokers that charge less spread on majors then Oanda.In Scalping every pip counts.
There is no failure except in no longer trying