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Trying to understand a trade that took place.
Biedrs kopš
6 ieraksti
Jun 05, 2014 at 13:46
Biedrs kopš
6 ieraksti
I bought an EA that places a straddle 30 seconds before a news event. If the price goes through either side, it closes the other side and then applie a trailing stop to the other side.
For some reason, it says it bought AUDUSD at 0.9297 but at 04:30 the price is far below that. How could that have been the buy price?
Screenshot of MT4 to make this clearer is here: http://gyazo.com/872c846666e9fb3dfdb3436a90f4f8fa
For some reason, it says it bought AUDUSD at 0.9297 but at 04:30 the price is far below that. How could that have been the buy price?
Screenshot of MT4 to make this clearer is here: http://gyazo.com/872c846666e9fb3dfdb3436a90f4f8fa
schemelab@

forex_trader_28881
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691 ieraksti
Jun 06, 2014 at 00:41
(labots Jun 06, 2014 at 00:42)
Biedrs kopš
691 ieraksti
Wide spreads most likely, check the spread before you trade. Always!
If you have the source code see if it checks for spread if it doesn't you bought a brick.
If you have the source code see if it checks for spread if it doesn't you bought a brick.

forex_trader_25447
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forex_trader_28881
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Jun 06, 2014 at 09:44
Biedrs kopš
691 ieraksti
Today is NFP, expect a few more of those....
Biedrs kopš
6 ieraksti
Jun 06, 2014 at 12:41
Biedrs kopš
6 ieraksti
Yeah, the real problem is that I looked at a line graph and that only showed the close, not the rest of the activity at that time.
schemelab@
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Jun 08, 2014 at 14:22
Biedrs kopš
675 ieraksti
It is usual spike. But remember that trade on news is risky and not so easy Due to big gaps and slippage.
PAMM MANAGER // Professional Fund Manager

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