I think it's indeed a good idea for the team traders not to close trades in thin markets...
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Originally posted by Cartmanizm View PostHere's the calculation I did for slippage between my Pepperstone Razor ECN and AxiTrader Pro ECN accounts. Feels like a slap in the face to top off the loss.
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Guys I don't like commenting on other traders threads but with regards to slippage the only reason you had slippage was any trades closed late in friday's trading session would have experienced slippage due to low liquidity at that time as some banks were already closed for the week. Many banks close at 4pm eastern and some stay open till 5pm eastern. So it's not your brokers fault as they don't control when banks shut down for the week.
Regards
Viper
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Oanda.jpg
Hi Guys, for those of you that still have trades open you can download the Oanda platform, it normally shows you where price is at least 2 hours before your MT4 terminals start Sun/Mon.
This will give you prior notice to see where price is so that you can ride out a possible retracement that SS was hoping for or if price has gone North (pain).
I did this about 6 years ago, I am not sure if Oanda still open early as I have not used them for many years.
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Originally posted by Spacey View PostI think it's just because Oanda used to offer weekend trading, they don't anymore, however.
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Seen some comments about the slippage bec of silent spec trades and subscriber trades being closed at that time and that caused the slippage. On this i have a different opinion. The time that silent closed the trades, not just NU but every pair had a big slippage. I had a trade, GBPNZD on another broker and i saw the slippage touching 20 pips going to 18 and 16 and coming back. And i saw even in EURUSD the slippage was too much. Its the low liquidity and nothing else is what i feel. Jusy my opinion.Trade the market, not the trader
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Originally posted by SmartTrader View PostSeen some comments about the slippage bec of silent spec trades and subscriber trades being closed at that time and that caused the slippage. On this i have a different opinion. The time that silent closed the trades, not just NU but every pair had a big slippage. I had a trade, GBPNZD on another broker and i saw the slippage touching 20 pips going to 18 and 16 and coming back. And i saw even in EURUSD the slippage was too much. Its the low liquidity and nothing else is what i feel. Jusy my opinion.
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Hi,
for those of you which still have open trades I think this link will be useful XE.com - NZD/USD Chart
Cheers.
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