<![CDATA[Forex Software — Working with FIFO restrictions]]> https://forexsb.com/forum/topic/6891/working-with-fifo-restrictions/ Mon, 04 Sep 2017 11:45:39 +0000 PunBB <![CDATA[Re: Working with FIFO restrictions]]> https://forexsb.com/forum/post/46134/#p46134 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.

]]> Mon, 04 Sep 2017 11:45:39 +0000 https://forexsb.com/forum/post/46134/#p46134 <![CDATA[Re: Working with FIFO restrictions]]> https://forexsb.com/forum/post/46129/#p46129 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

]]> Mon, 04 Sep 2017 08:33:14 +0000 https://forexsb.com/forum/post/46129/#p46129 <![CDATA[Working with FIFO restrictions]]> https://forexsb.com/forum/post/46128/#p46128 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

]]> Mon, 04 Sep 2017 08:31:11 +0000 https://forexsb.com/forum/post/46128/#p46128