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Question on Oanda's Limit Order Boundaries

  • Post #1
  • Quote
  • First Post: Sep 21, 2008 11:04pm Sep 21, 2008 11:04pm
  •  summerplace
  • | Joined Aug 2008 | Status: Member | 30 Posts
http://www2.oanda.com/ubb/icons/icon1.gif Hi:

In an effort to help me better understand Limit
Order Boundaries on the Oanda platforum,
would you please finish the definitions below:


1. The Upper Boundary in a Limit Order Is

---------------------------------------- .


2. The Lower Boundary in a Limit Order is

---------------------------------------- .


Your help is appreciated.
  • Post #2
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  • Last Post: Sep 22, 2008 3:33am Sep 22, 2008 3:33am
  •  Xaron
  • Joined Apr 2007 | Status: Evil Kraut | 2,743 Posts
That's simple:

Buy-Order: @1.4500

If you set the upper boundary at 1.4502, you will get a fill between 1.4500 and 1.4502 or no fill if the slippage is too big. The boundaries are just the allowed slippage...
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