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Pending Order

  • #1
  • First Post: Dec 2, 2009 7:52pm Dec 2, 2009 7:52pm
I have just registered into this forum, anytime I set pending order my platform will indicate 'invalid S/L or T/P. Please can someone teach me how to set it properly?
  • #2
  • Dec 2, 2009 8:58pm Dec 2, 2009 8:58pm
You're probably trying to set the order too close to the current price.
  • #3
  • Last Post: Dec 2, 2009 11:51pm Dec 2, 2009 11:51pm
I think maybe you set the wrong price? For example, if you put a buy stop at 1.0000, your stop loss should be lower than 1.0000 while the take profit is higher than 1.0000. But if you have a sell stop, the stop loss becomes higher than 1.0000 while take profit is lower. Your entry price must also be at least 30 pips away from the market price.
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