well this is absolutely true of course. I see how your factoring the slippage and interest, but are you saying 2 pips roundtrip on the trade or are you saying real spread is 2pips in and 2 pips out out? well.. all I am saying is I'm not getting 2pip ...

I think Oanda FXTrade is unreliable

pipmutt, I use CNX and prorealtime price feeds right now along with oanda, but in all honesty, oanda is a great feed and I love their charts and platform. I like PRT charting the best though. Well, It is not that I am buying into marketing schemes, ...

I think Oanda FXTrade is unreliable

wow... one of the few interesting threads I have come across at this place. Good stuff domino. Price action to the fullest....

Domino's Price and order flow trading

pipmutt, I am not seeing the 2pips on average loss, here we'll have to agree to disagree and I am not doubting your experience from awhile ago seeing how oanda definitely used to be like that, and these problems were much more common. Another thing ...

I think Oanda FXTrade is unreliable

I get my .9 when I scalp..., my entry is usually .9 over 80% of the time i would say, and since i exit pretty soon after in most cases at a stall, i usually get .9 on the exit too, but if there is more slippage I'd say it's on the exit side while ...

I think Oanda FXTrade is unreliable

All I trade is a simple price line (line chart). I scalp, but I would do the same thing if I was swing trading or position trading. No indicators at all, no MA's, trendlines nothing really. Maybe some horizontal s/r lines if I'm really bored... if ...

ok thats it!!! trading is more an art then a math algorithm

The only thing that works is price action.

ok thats it!!! trading is more an art then a math algorithm

right on...

I think Oanda FXTrade is unreliable

lol I can tack on a few more nice comments towards me from pipmutt... but I'm over it. No harm no foul. edit: slippage is something you will always have to deal with, and that also depends on how and when your clicking an order for entry. Conflict ...

I think Oanda FXTrade is unreliable

pipmutt did you read over those terms and conditions for business from LCG? I have it if you didn't already get it from Vik. There will always be conflict of interest policy, but they are never manipulating prices and messing with your trades. It is ...

I think Oanda FXTrade is unreliable

I have also heard good things about strategy runner if you're not apt to developing your own software and connecting to FIX API.

Algorithmic Trading - Institutional Level

lol fair enough. could be potential for a major problem for sure. I guess what I meant overall was, on the real market you have to deal with more partial fills and such depending on real market depth, compared to oanda.

I think Oanda FXTrade is unreliable

never said anything about slippage did I? Don't plan on being with oanda when I am scalping over 400k size. The 3M was towards the lower grade ECN brokers I was referring to. I *think* they guarantee something around that size as they also provide ...

I think Oanda FXTrade is unreliable

yes, of course. will do...

I think Oanda FXTrade is unreliable

Yes I agreed with that, also a reason why I would never trade the news. I guess I should restate, "filled with no problem, in most cases, but not all cases." Well I don't think I ever said "definitely" not a counterparty (I don't think), however I ...

I think Oanda FXTrade is unreliable

yes, I know what you mean... definitely. Also... with anything like LCG and the true ECN brokers that require hefty deposits and are really straight thru outgoing AND incoming with real market liquidity, execution is great, but you're also liable to ...

I think Oanda FXTrade is unreliable

ahh no need for me to worry about this now, I don't yet have 25k to invest, but, they come very highly recommended, and I was told they are without question one of, if not the best around for under 100k. I was also told they are not a counterparty, ...

I think Oanda FXTrade is unreliable

I hear what you're saying pipmutt. However, I have been told that they are not a liquidity provider, therefor I don't think they are a counterparty. I know a few people who used them and told me they are not a counterparty to the clients. Also, I am ...

I think Oanda FXTrade is unreliable

btw.... are you sure about this?

I think Oanda FXTrade is unreliable

yes, pipmutt can talk I will give him that much. a well spoken guy for sure.

I think Oanda FXTrade is unreliable