Dukascopy
 
 
Wiki JStore Search Login

10 Pips Distance
 Post subject: 10 Pips Distance Post rating: 0   New post Posted: Tue 29 Mar, 2011, 14:47 

User rating: -
Hi Sup.

If The Contestant Sets SL=10 And TP=10 For The EUR/USD But The Orders Are Filled @Mkt SL=9 And TP=11 (Or TP=11 And
SL=9) By Your Server. Are These Valid Trades ?

Thanks In Advance.

fxhaze


 
 Post subject: Re: 10 Pips Distance Post rating: 0   New post Posted: Wed 30 Mar, 2011, 09:48 
User avatar

User rating: 8
Joined: Wed 21 Apr, 2010, 10:42
Posts: 1167
fxhaze wrote:
Hi Sup.

If The Contestant Sets SL=10 And TP=10 For The EUR/USD But The Orders Are Filled @Mkt SL=9 And TP=11 (Or TP=11 And
SL=9) By Your Server. Are These Valid Trades ?

Thanks In Advance.

fxhaze


Yes, these trades are considered as valid. As you may have noticed, there is a built-in validation that adjusts the SLs and TPs in order to match the 10 pips requirement.
When one creates an order that features the minimal possible SL/TP distance (10 pips) it often happens that the price moves away while the trader is writing the comment and clicking on "Submit". As a result, instead of being 10/10, the TP/SL might appear to be 11/9 or 12/8. The validation is supposed to adjust the lagging part, but still at the point of execution it might appear that the resulting SL or TP will be 9.


 

Jump to:  

cron
  © 1998-2025 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com