I personally trade 1m. I was previously trading 4hr, great profits until one big loss wipe out part of my NAV. The graph patterns look similar in all time frames. The problem is no TA strategy can correctly predict the direction every time, no ...

Oanda Spikes

Well. Glad to see some proof here Meanwhile, as an off-topic question, what time frame are you trading?

Oanda Spikes

Well. That's what Stumm said. I am not sure of its validity. I believe spikes happen everyday but I don't see much correction been made other than occasional announcement about price spikes in commodity currencies.

Oanda Spikes

I have a strategy that works very well backtesting using FXDD data, but the cons is I have to use tight stops. I need Oanda's tight spread and FXDD less-spike data, so I have no choice but continue to research another way of profit. Anyway, I ...

Oanda Spikes

But you never know how many pips Oanda's gonna spike you. Let say you think you'll be spiked 100 pips and you put a limit order at 50pips further from market price with TP 5pips. If Oanda only spikes you 50 pips and the limit order get triggered, ...

Oanda Spikes

WOW. That is one big rip-off! Check with them whether it's a mistake or not, and tell us their reply here.

Oanda Spikes

Are you also scalping the market? I think it's pretty pointless if we don't use limits, since Oanda can still slip you a few pips with a market order.

Oanda Spikes

I am actually scalping. Getting my ass handed to me? Hopefully not. I was still in profit despite the spikes. It will take sometime before I know the long term profitability trading with Oanda. My theoretical backtest was done with FXDD and it ...

Oanda Spikes

Any good brokers for recommendation? I am testing a new strategy and if Oanda is playing games I will switch definitely.

Oanda Spikes