Why did my stop buy for 209.36 get triggered when the high was only 209.35? | Forex Factory

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Why did my stop buy for 209.36 get triggered when the high was only 209.35?

  • #1
  • First Post: Jun 2, 2008 9:24am Jun 2, 2008 9:24am
this is probably a newbie question.

This is for eur/usd on friday, the high was 209.35. I had a stop buy at 209.36, why did it get triggered? I'm using GFT if that matters.

can someone explain?

thx
  • #2
  • Jun 2, 2008 9:37am Jun 2, 2008 9:37am
Quoting rlee17
this is probably a newbie question.

This is for eur/usd on friday, the high was 209.35. I had a stop buy at 209.36, why did it get triggered? I'm using GFT if that matters.

can someone explain?

thx
Add the spread
  • #3
  • Jun 2, 2008 9:54am Jun 2, 2008 9:54am
Quoting rlee17

This is for eur/usd on friday, the high was 209.35. I had a stop buy at 209.36, why did it get triggered?
Minor point, but, I dont think it was eur/usd either. Need to pay attention to the little details too. There is very little space between the buy and sell buttons and a little slip-up can cost big bucks!
  • #4
  • Jun 2, 2008 10:16am Jun 2, 2008 10:16am
GFT hits your stop minus the commission, for instance let's say you have a stop order at 100, gft will hit your stop order at 100 - spread.
  • #5
  • Last Post: Jun 2, 2008 4:20pm Jun 2, 2008 4:20pm
Quoting rlee17
this is probably a newbie question.

This is for eur/usd on friday, the high was 209.35. I had a stop buy at 209.36, why did it get triggered? I'm using GFT if that matters.

can someone explain?

thx



Dont you mean sterling yen?
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