I understand Oanda increases their spreads during news events -- no big deal. What I'm wondering about is the attached image. The current price is past my TP level, after the spread returned to 2 pips (down from 10). My order was eventually closed, credited to my TP level (historical view option has my TP executed during the first 10 seconds after the news hit). Is this because:
A) Lag between my order being filled and the message being sent to my client that my order was filled caused the order to not disappear from my client window for a length of time, even though it was already closed on the server
B) The TP order is a limit order, which guarantees price, not execution. During NFP, price gapped over my TP order, and only upon coming back down to the TP level was the order filled. (This would conflict with what shows looking back on the 10 second chart with "show historical trades and orders" checked)
C) Other
I'm not complaining or anything, I could just see two possibilities and would like to know which is true or if it is something else entirely. The same thing happened with an E/U long at the same time (except it went past the SL level), but I didn't get a screen shot.
A) Lag between my order being filled and the message being sent to my client that my order was filled caused the order to not disappear from my client window for a length of time, even though it was already closed on the server
B) The TP order is a limit order, which guarantees price, not execution. During NFP, price gapped over my TP order, and only upon coming back down to the TP level was the order filled. (This would conflict with what shows looking back on the 10 second chart with "show historical trades and orders" checked)
C) Other
I'm not complaining or anything, I could just see two possibilities and would like to know which is true or if it is something else entirely. The same thing happened with an E/U long at the same time (except it went past the SL level), but I didn't get a screen shot.
Hindsight is 20/20