EUR/USD | 5M

Chad Seven

Active member
207 13
That's it for the day. Not satisfied with that considering the trades at 09:53 and 09:54 should never have happened.

270700
 
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Chad Seven

Active member
207 13
I have reviewed my trades for the day and there was an order filled which I had not expected to be.

Excuse the newbie question. If my charts are showing the mid price then to adjust a buy order for a 0.6 point spread I need to add 0.3 to the desired buy level? Then my stop and limit distances (fixed number of ticks) will likewise have 0.3 added?
 

rossored

Senior member
2,103 56
If my charts are showing the mid price then to adjust a buy order for a 0.6 point spread I need to add 0.3 to the desired buy level? Then my stop and limit distances (fixed number of ticks) will likewise have 0.3 added?

Correct; or you could simply adjust your charts to show Ask prices when you're considering longs, and Bid prices when you're considering shorts. You also need to factor this in when placing stops, because if for example you place a short stop and your chart is showing Ask prices, your stop will be in the wrong place.
 
 
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