brokers sometimes have different prices... here you go guys, there is my chart. the arrow is pointing on the 1300 bar...
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My forex trading diary... My goal is to make several thousands USD from less than 200 USD in one year
Hiya,
ReplyDeleteThis is Ben, we emailed a couple of weeks ago about the 1minutedaily system. I could not help notice your chart. At mbtrading the lowest price was 1.4855 yet your chart shows 1.4947. An 8 pip difference is crazy. Perhaps you broker tripped the stops just below 1.4855? I don't think the real price ever broke below 1.4854 even with a spread of 4 pips.
Hi Ben,
ReplyDeleteI don't know why is that either. I have read somewhere that some brokers give you price created by themselves, I mean their clients by making orders make kind of their own price valid only with the certain broker. I dont know if that is true or not, but this seems to me like the case. Well, it was good for me this time, another time I could get it wrong.
Take care
Hi Tomas, the money to be made for your broker would have been to take out the stops just below 1.4855 so I think they must have made their own price to make money for themselves. Fortunately you were on the rightside this time. Cheers Ben
ReplyDeleteHi Ben,
ReplyDeleteI guess you are right:)