Forex Why you always need to check 2 different feeds!

During news release, its normal for some brokers to hunt for stops, usually below/above obvious low/high.

Today, FXCM had a 6 pips lower price than Oanda. I remember 4-5 years ago when I spotted this practice, I developed a indicator to alert me when brokers did this neat little trick to trade against them. Needless to say, the brokers started to widen the spread, making it impossible to get in at the low/high.

Anyway - this is just a heads up. Always have different feeds up and running. Even better - invest in a proper neutral feed.

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