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- Trying to understand a trade that took place.
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Trying to understand a trade that took place.
Uczestnik z Mar 27, 2013
6 postów
Jun 05, 2014 at 13:46
Uczestnik z Mar 27, 2013
6 postów
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
Uczestnik z Feb 07, 2011
691 postów
Jun 06, 2014 at 00:41
(edytowane Jun 06, 2014 at 00:42)
Uczestnik z Feb 07, 2011
691 postów
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
Uczestnik z Dec 21, 2010
127 postów
Jun 06, 2014 at 07:31
Uczestnik z Dec 21, 2010
127 postów

forex_trader_28881
Uczestnik z Feb 07, 2011
691 postów
Jun 06, 2014 at 09:44
Uczestnik z Feb 07, 2011
691 postów
Today is NFP, expect a few more of those....
Uczestnik z Mar 27, 2013
6 postów
Uczestnik z Jun 03, 2010
675 postów
Jun 08, 2014 at 14:22
Uczestnik z Jun 03, 2010
675 postów
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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