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Spread And Prices Evolution During The Gdp Release (04/29/2009) Rate Topic: -----

#1 User is offline   Arnaud 

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Posted 29 April 2009 - 04:09 PM

First interesting experience with the new forex platform comparison tool.
At 14:30 GMT+2 the GDP was released by the US Bureau of Economic Analysis. The news shaked EUR USD during 5 minutes.

Oanda: Real account

the spread was increased 8 minutes before the stat from 1.2 pips to 1.8 and 1 minute before the release from 1.8 to 2.5. At 14:30 the spread hit 10 pips until 14:31.

The price was not tradable during the release because the spread was to high. When the spread was decreased my platform was blocked 2 times during more than 30 seconds.

FXCM: demo account
The spread was near 2.5 until 10 seconds before the release. During 1 minute the spread evolved between 1.1 and 5 pips (While Oanda was at 10 pips). After the spread was at 2.5 (as always)

The price oscillated without blocking. Maybe the paradise for scalpers (??).

ACM: demo account
The spread is fixed at 1.8 pip. It didn't move at all.

The price follows the oscillation of FXCM with 5 seconds late. Then the platform was bloqued 2 times during 20 seconds.

Attached Image: plateforme_acm_fxcm_2009_04_29.png Attached Image: plateforme_oanda_fxcm_2009_04_29.png

I remind you that those observations are based on my screen shot. I may have some errors in the data processing. The platforms could be blocked only on my computer.
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