No, not during news but all day. GBPJPY is one of my most traded pairs and usually runs between 2.2- 2.9 on the spread. All day yesterday it was around 3.8 and all morning (so far) its been between 4.3 and 5.5 pips spread !

OANDA Discussion

Overall pleased with Oanda but is anyone else having unusually large spreads today ?

OANDA Discussion

GBPJPY at a 6 year high on the eve of the vote for Scottish independence. Speculation or is the outcome a given?

Geppy's Geppy Thread (GBP/JPY)

Strong move up but rejected at the 138.50 level. Draghi is up shortly, lets see if he tanks the euro again.

EUR/JPY

"In other words: Our NEW Level1 entry would be at the same location where our first SL and Level2 entry would be in case we guessed the direction wrong. Which happens almost 50% of the time anyway." Not to belabor my point but if the initial ...

The Compounding System

Agreed..but based on your last 6 weeks of live testing how often have you hit the 5th entry ? Based on what you have written you hadn't seen a losing day so far. So theoretically you would have had 2x the daily profits for the entire 6 weeks up ...

The Compounding System

I am new to using backtesting software so if anyone else on here is proficient in it.. What if we simultaneously opened a buy and sell order for the initial order at the open ? One would fairly quickly hit the initial 10 TP and if the other hit ...

The Compounding System

Retest of last weeks 138.20 level.

EUR/JPY

+1 Thank you Mr Ma..

The Compounding System

I am unfamiliar with the software used for backtesting..any suggestions ?

The Compounding System

I wonder if using a TP of 5-8 would produce an even higher % of success and less times spent going to a LV 3 or L4 trade. More frequent but smaller positive trades.

The Compounding System

Strong move to the 137 level but was rejected. Of note the GBPJPY was also rejected at the 171 level at the same time.

EUR/JPY

Thanks...

The Compounding System

Understand that, but even when the costs are rolled into the spread it still is an ongoing expense. Have you tried this with a 15, 20 or higher TP ?

The Compounding System

Its knocking on the 136.50 level, and interesting to watch the struggle of the continued strength of the USDJPY and the continued weakness of the EURUSD.

EUR/JPY

I wonder if the high level of success is in part due to having a TP of 10. Have you tested using other TPs ? Also how about the cost of several opened and closed trades if it goes to a L4. Commissions and trading cost do add up.

The Compounding System

Anyone using the basic technique but applying it at other times than LO and NYO ?

The Compounding System

I like the concept and was also wondering if people were trading it manually as well as with EA.

MGH System (Martingale Grid & Hedging)

Well I have been unable to get any constructive exchange of ideas in the Martingaling - Looks so good until the inevitable thread. Just the usual individuals repeating the same "wisdom" of the death trade. So maybe some discussing and exchanging of ...

Magix, Martingales, and Market Myths

you can create sub accountsin Oanda, not sure about other brokers.

Martingaling - Looks so good until the inevitable