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Hareii commented Jan 19, 2015Surely there are buyers. Remember that for every trade, there must be the corresponding buyer for the seller. If the seller can sell, it mean there are buyer on the other side. Without buyer, there will be no transaction, just like when SNB lift its ...
EURUSD pop 1.1600 and triggers stops as euro demand prevails
- Hareii commented Jan 19, 2015
Technically speaking 1.2 is below fibo 23.6% line (High 1.39928 Low 1.14587). The 23.6% will be the first target if there is retracement. 1.2 is a very high possibility IF there is a retracement. Question is whether there will be a retracement. On ...
EURUSD pop 1.1600 and triggers stops as euro demand prevails
- Hareii commented Jan 18, 2015
EURUSD at 1.15 presents interesting opportunity. I am biased towards EURUSD long at current level for the following reasons: Scenario 1: No QE. EURUSD will rebound upwards. Scenario 2: Small scale QE. That has largely been priced into the current ...
EUR/USD breaks 1.15
- Hareii commented Jan 16, 2015
Leverage is the true killer, not the volatility of the currencies. This point is lost on a lot of retail traders and some brokers have 'forgotten' about it after a while operating in "normal" market.
OANDA stands by its clients
- Hareii commented Jan 16, 2015
Looks like after yesterday's CHF losses, some people double down on their big bets.
Consumer Sentiment in U.S. Surges to 11-Year High as Fuel Drops
- Hareii commented Jan 16, 2015
About 600 pips slippages on CHF. But its a Take Profit slippage which means I earn 600 pips more than my Take Profit. I just happen to be on the right side of the market. I am heartened that they offer slippages on Take Profit too besides on Stop ...
OANDA stands by its clients
- Hareii commented Jan 16, 2015
Temporary USD strength - from the FED horse mouth as documented in their minutes. The market is just priming for a catapult shot, got to load before release in one shot. Retail trader should watch out for this catapult shot (aka CHF).
Factory Output in U.S. Cools After Biggest Gain Since February
- Hareii commented Jan 16, 2015
I opined that ECB is now relooking into their upcoming QE package. There is no one to defend EUR now that SNB bail out. And since EUR has dropped so much at current moment, ECB would probably exercise caution in their QE approach. Shock-and-awe ...
Still Trying to Make Sense of SNB's Bombshell
- Hareii commented Jan 16, 2015
Yes, so far Oanda has treated me fairly on my CHF trades (both yesterday as well as previous "incident" past week). I can testify to that.
OANDA stands by its clients
- Hareii replied Oct 29, 2014
Define what is meant by a trend first as this is central to the topic of discussion. It meant different thing when defined in alternate perspective. I suspect you can't talk about a trend without fixing down the time frame. So what time frame are we ...
Counter-trend trading
- Hareii replied Oct 9, 2014
I see some discussion on Oanda spread here. While I am not too happy at their recent disconnection problem, I think Oanda still have my vote as a preferred broker for FX. If you think Oanda is a joke, you have not met the real joker yet. This joker ...
OANDA Discussion
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Oanda down again
Started Oct 7, 2014|Broker Discussion|3 replies
So what is happening to Oanda? It went down for 10-15 min just now (confirmed with their live ...
- Hareii replied Feb 27, 2014
I share your experience about terrific experience trading with Oanda. I have traded with no less than 4 different brokers and I could not find one better than Oanda in almost all aspects of evaluation point. Its a shame such outages should even ...
OANDA Down?
- Hareii replied Feb 27, 2014
Oanda, please account to your client on the recent outage — To the CEO of Oanda, We had a recent supposedly network outage at Oanda that lasted for more than 1 hour. I am sure many clients of Oanda. including myself, would like a clear ...
OANDA Down?
- Hareii replied Feb 27, 2014
Agree that backup/redundant NSP is an area which Oanda has to look into. Even as a small retail trader, I have redundant computers, redundant connections with 2 independent Internet Service Providers, and a few redundant independent brokers to fall ...
OANDA Down?
- Hareii replied Feb 27, 2014
If the problem lies with their network service provider, it is beyond the control of Oanda. You could be with any other brokers and they would have faced the same issues.
OANDA Down?
- Hareii commented Jan 24, 2014
If things are so straight forward and obvious, everybody would be a millionaire when AUD reached $0.80. The fact that most people are not millionaire and most traders are losing money tell you something. If you get my hint, you know what to do.
AUD tumbles as RBA's Ridout talks down the currency
- Hareii commented Jan 9, 2014
What is the basis for cash settlement out-of-court? Does it mean that you can buy your way out of crime? I don't quite understand. Anyone can enlighten us?
Alcoa in $384 million deal to settle bribery charges