Someone, somewhere, over the rainbow way up in the interbank network goes short. Neither you or Oanda knows or cares who that is, it's called liquidity - phousands of banks, funds and what not that are always placing orders one way or the other and ...

Anyone been banned from Oanda for Scalping

What platform/broker is that ? Well, that's another matter and another discussion.

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Your 100$ comes from the simple fact that you are placing a reverse order to the one you opened previously thus cancelling it at a better price for you. Simply put, if I go to one shop and buy something for 1$ I am now "long" on that merchandize. ...

Anyone been banned from Oanda for Scalping

I don't see the complication. Say you're Oanda and you got connections with the interbank network and get an EU spread of 0.5. You just transfer your orders to the network and collect the 0.4 pip spread difference. You don't actually hold any ...

Anyone been banned from Oanda for Scalping

Hmm.. Inetersting, will check a bit later. I've tried looking for different stuff like that, problem is the charts are too short for accurate statistics. I saw maybe 2 or 3 systems based on 1-4hr moves that appear to work most of the time (around ...

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I'm thinking another rebound soon, though not above 55 and then the real thing - below 53--

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FF coloured the news red, weird...

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Nah, I didn't say I trade it, just guesstimating.

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I believe it'll bounce off 55 or 548 at least back up and continue within this channel for a while..

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Looks like a channel.. url

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I thought you were goin to sleep Ultra ? Carefull with overtrading..

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If it stays at 550 area or higher within the next several hours that's a cross back of 50 ema on Daily, 4H 50 ema is at 570 and no close above it so far but seems quite likely.. If it goes above 56 any time soon I see no reason to expect any bears.

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That's exactly why I was stopped out at 5540... But I also have another rule (though that mostly applies for short term trades by my ema/sma system but still..): Don't enter another trade if you just got stopped out, wait for a clear move.

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Finally stopped out. Don't see any clear direction for a mid-term trade now, only above 56 or below 545-2.

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Margin called ? What kind of mm are you using man ? Can't get far if you risk that much no matter how good you are I think, unless you withdraw regular and don't care to loose the account much.. My rules are 1% max risk per small trades, and up to ...

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Ultra you got a daily target of 200 pips ??? Whoa.. dude, how's THAT going so far ?? sl 5540 still quite in tact

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Wow, there's such a happy long feeling ruling the board, it's refreshing. It's aspecialy surprising to me as 1H-4H-Daily-Weekly-Monthly charts all look rather bearish to me...

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Nah, my shorts are way lower. But then so is the tp. About the bull, IF it actually goes long, I'll personally wait for current high to be broken, then for 550 broken, then for 570 with the hourly 200 ema (4H ema50) then 5580 and then I'd still not ...

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Well the strenght of my faith is a relative thing of course, at this time if I had to open a mid-term position like that - I definetly wouldn't because the bearish bias exists as I see it but very weak now. A day and a half ago it seemed to me like ...

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Well, it's morning for me I see I'm still in my shorts as planned, price came to my original sl at 5536 but not 5540 where I moved it a tiny bit (Thank you Andy ! ), Price is back to hourly 100 ema and seemingly right below it, on 4H it all ...

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