MT4 quick question

Scotty2Cues

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• Apr 10, 2010

• #1

Hi,

Demo account. Recently placed a buy stop on the eur/jpy. Its still pending so why does the trading orders window show a profit of -26.19?

Also what is a 'swap'?
Thanks

 

shadowninja

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• Apr 10, 2010

• #2

Swap is the interest rate. Not sure why you have a profit if it's still pending. Can you post up a pic?

 

Scotty2Cues

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• Apr 10, 2010

• #3

shadowninja said:

Swap is the interest rate. Not sure why you have a profit if it's still pending. Can you post up a pic?

Click to expand...

thanks.

 

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Scotty2Cues

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• Apr 10, 2010

• #4

Just realised. MT4 charts show the 'sell price' so its been activated?

current price is 125.74 and the sell quote is 125.74 and buy is 125.81. my order was for 125.81 so its activated?

isnt 7 pips a large spread?

 

Scotty2Cues

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• Apr 10, 2010

• #5

when i look at the profit in terms of points it says -61 which is the difference between
125.810 and 125.749 but isnt the last digit 1/10 of a pip? so it should be -6.1?

 

shadowninja

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• Apr 10, 2010

• #6

Yes, Alpari use pipettes. It's annoying.

 

S

scgroup

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• Jun 4, 2010

• #7

5 digit decimals is an advantage to the traders. Even the smallest movement will get you a profit.