Oanda spread During NFP
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Old 02-02-2007, 01:38 PM
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Default Oanda spread During NFP

I was trading the GBP/USD today and the spread got up to 50 pips if you look at the 10second chart anyone else have this problem?
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More like 200 pips
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Old 02-02-2007, 02:00 PM
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Default More like 200 pips

Actually it was 200 pips
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Old 02-02-2007, 06:21 PM
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Oanda corrected the trade im happy again.
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Old 02-03-2007, 12:10 AM
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Whoa! 200 pips? First Friday of the month.
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Old 02-03-2007, 06:23 PM
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Yes, they said it was a manual error. I thought things were automated with Oanda though. I of course was stopped out when this happened but later Oanda corrected the trade and showed the GBP/USD sold where I have my take profit which is by default 45 pips above my entry price. So that was a profitable trade but if nothing was done I would have pulled most of my money out of Oanda which I really don't want to do because I have had a positive experiance with them.
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