For those of you that use IB...

I am curious...
To Interactive Brokers users: is this how you place your stop loss orders for forex? thnx..
(last time my stop loss wasn't hit from a violent spike, so I am curious...)

Sorry that picture was small...

That looks about right. It says if price goes under 1.2875 you'll sell 25K.

I used to use IB but I switched to trade smaller lots, so I haven't used in like 2+months so I'm not 100% sure about this:

There should be option to use ask or bid or midpoint for the trigger. Maybe the spread also spiked so your trigger wasn't set off.

Turk87

Just to be on the safe side, you should contact the broker directly. That way, you can blame the broker if a mistake is made.