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I go to weekly chart for GBP/USD. Look at the chikou span line which shifted 26 period back, there is the spot i drawed the line and it was support line for 23/12/2007 weekly bar (hightlight area). Sorry if the chart get messy bcose i draw a lot S/R level.
It was USD Interest Rate in that time (at 19:15 GMT).
Some people said that brokes can not controll the price duing the news events sometimes. I am not sure that it is true ...
Quote:
Originally Posted by newdigital
It is LiteForex broker (one bar is missing):
It's all that I have.
So, just Alpari UK was mistaken concerning this low of the bar.
Yes that was my concern only alpari uk deviate 22 pips..it was too much, i agree with you that some brokers can not control the price during the news if the deviation is 2 or 3 pips.
I think Alpari UK should responsible of this issues to keep his good reputation.
Is there any broker that offers MT4 demo account without time limitation (so that it does not expires after 20/30/days)? Or at least allows to run the same demo account for few months?
Is there any broker that offers MT4 demo account without time limitation (so that it does not expires after 20/30/days)? Or at least allows to run the same demo account for few months?
I can recommend you “fxcast.com”. I have been trading with them for some months. First only the demo version, now also live. Compared to all the bad things I am reading here and on other websites about forex brokers this one definitely stands out positively.
Although you don't get direct market access (since you are trading CFDs with them) order execution is almost instantly and at the shown price. So I guess there is no manual intervention. I also like the browser-based software which is easier to use than Metatrader and others. There are a lot of possibilities concerning indicators also. Demo has no time limit.
I withdraw money once (you can input the request directly in the application!) which took 3 working days to arrive with no problems.