Disliked{quote} I am certainly no expert, but I've tried this on demo at a few brokers. You can not set two opposing pending orders on the same currency pair on the same account. It doesn't matter if they are an active position. There are a couple of ways around it. You can have opposing orders on the same pair if you use subaccounts. Or you could choose another currency pair such as long on EURUSD and short on GBPUSD for a US based news. I don't understand the rationale either, but it is the rule here. so up or down on ... where is my favorite coin....Ignored
Yes you can set opposing pending orders on Oanda without issue, that is not hedging. I do that all the time here when straddling the news . You cannot have opposing open positions (long and short) on the same pair in the same account ... that is what is called hedging.