Oanda Traders - How do you manage positions?

Hello,

A question to all Oanda traders:

As Oanda does not offer OCO orders (no idea why?!), how do you manage your trades if you want to take profit at two price levels?

Example:

Sell 10,000 GBP/USD at 1.55
Stop Loss = 10,000 at 1.5550
Take Profit 1 = 5,000 at 1.5450
Take Profit 2 = 5,000 at 1.54

Now:

1. I can only associate ONE take profit order to the trade
2. I cannot create an OCO order. So creating two independent long GBP/USD trades, that would close my initial position (no-hedging) would not help because they orders would not get deleted when my stop loss is hit. This could lead to my stop loss being hit and possibly even the two independent long orders getting hit, but I don't want this of course after my SL was hit.

Yes, doing it manually would obviously be the way to go, but I'm not really in the position to have a lot of access to the platform because of my job.

So, has anyone an idea how I could handle this?

As you cannot hedge with Oanda using the same currency, if you enter an opposing position at the price you want then that will work,

I.e Long 10,000 at 1.2500

Sell limit 5,000 at 1.2550

Sell limit 5,000 at 1.2600

That will work.

Ahh didnt read your second point - in that case, no there is nothing you can do.

split your initial order into 2 orders, each half the size of the original, with different targets but the same stop for each.

X

This. The simple method is always best.

What about this:
For TP1, Click Buy (Limit Order) with 5000 units @ 1.5450
For TP2, Click Buy (Limit Order) with 5000 units @ 1.5400

If you wanna take partial stop loss, Eg scale out:
For SL1, Click Buy (Limit Order) with 5000 units @ 1.5500
For SL2, Click Buy (Limit Order) with 5000 units @ other price you want
But remember to remove your default stop loss of 10000 units.

I feel so dumb now, haha

thanks guys for the answers, this solves the problem.