<![CDATA[Forex Software — Working with FIFO restrictions]]> 2017-09-04T11:45:39Z PunBB https://forexsb.com/forum/topic/6891/working-with-fifo-restrictions/ <![CDATA[Re: Working with FIFO restrictions]]> You are correct...FIFO makes it impossible to use multiple EAs on the same currency pair without a lot of custom programming.

The U.S. government claims that that rules like this "protect" stupid investors like myself from myself. They just love making regulations.

]]> https://forexsb.com/forum/user/9968/ 2017-09-04T11:45:39Z https://forexsb.com/forum/post/46134/#p46134 <![CDATA[Re: Working with FIFO restrictions]]> Actually - it shouldnt apply with my live account (as im using practice accounts to test - and they seem to be US test accounts) hmmmm


This is from OANDA live support:  "Your live account is in OANDA Asia Pacific division, it should not bounded to FIFO rules"

That rule makes it difficult for US traders

]]> https://forexsb.com/forum/user/9907/ 2017-09-04T08:33:14Z https://forexsb.com/forum/post/46129/#p46129 <![CDATA[Working with FIFO restrictions]]> Hi Guys,

It seems my broker only allows me to close the oldest position on each pair -  https://www.oanda.com/resources/legal/united-states/legal/close-trades-fifo

Which basically means if i'm tradinga 5m,  1hr , 4hr  trading systems on EURUSD - the oldest position must be closed first (which may not possible in this situation)

How do you manage this  - multiple accounts with one trading system per currency pair?

PT

]]> https://forexsb.com/forum/user/9907/ 2017-09-04T08:31:11Z https://forexsb.com/forum/post/46128/#p46128