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Trying to understand a trade that took place.
Mar 27, 2013 zamanından beri üye
6 iletiler
Jun 05, 2014 at 13:46
Mar 27, 2013 zamanından beri üye
6 iletiler
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
Feb 07, 2011 zamanından beri üye
691 iletiler
Jun 06, 2014 at 00:41
(Jun 06, 2014 at 00:42 düzenlendi)
Feb 07, 2011 zamanından beri üye
691 iletiler
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
Dec 21, 2010 zamanından beri üye
127 iletiler
Jun 06, 2014 at 07:31
Dec 21, 2010 zamanından beri üye
127 iletiler

forex_trader_28881
Feb 07, 2011 zamanından beri üye
691 iletiler
Jun 06, 2014 at 09:44
Feb 07, 2011 zamanından beri üye
691 iletiler
Today is NFP, expect a few more of those....
Mar 27, 2013 zamanından beri üye
6 iletiler
Jun 06, 2014 at 12:41
Mar 27, 2013 zamanından beri üye
6 iletiler
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@
Jun 03, 2010 zamanından beri üye
675 iletiler
Jun 08, 2014 at 14:22
Jun 03, 2010 zamanından beri üye
675 iletiler
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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