1. Welcome to the #1 Gambling Community with the best minds across the entire gambling spectrum. REGISTER NOW!
  2. Have a gambling question?

    Post it here and our gambling experts will answer it!
    Dismiss Notice

Forex Why you always need to check 2 different feeds!

Discussion in 'Forex Forum' started by aediaz1, Mar 21, 2015.

  1. aediaz1

    aediaz1 Guest

    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.

    Attached Thumbnails
    Attached Image (click to enlarge)


Share This Page