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  • #946,301
  • Dec 25, 2014 9:08am Dec 25, 2014 9:08am
if I had a sell limit order on eu at 2256 but my broker is closed today and by tommorrow the rate is 2270, is my pending order will be executed at 2256? Any idea anyone?
  • #946,302
  • Dec 25, 2014 9:23am Dec 25, 2014 9:23am
My broker would execute it at the opening price, 2270 in that case.
  • #946,303
  • Dec 25, 2014 9:27am Dec 25, 2014 9:27am
it's flying
rat
  • #946,304
  • Dec 25, 2014 9:34am Dec 25, 2014 9:34am
Quoting Sants
if I had a sell limit order on eu at 2256 but my broker is closed today and by tommorrow the rate is 2270, is my pending order will be executed at 2256? Any idea anyone?
won't get executed
rat
  • #946,305
  • Dec 25, 2014 9:34am Dec 25, 2014 9:34am
Quoting deki011
My broker would execute it at the opening price, 2270 in that case.
what broker are you trading in?
  • #946,306
  • Dec 25, 2014 9:35am Dec 25, 2014 9:35am
Quoting rattyo
{quote} won't get executed
is it counted as expired and canceled?
  • #946,307
  • Dec 25, 2014 9:36am Dec 25, 2014 9:36am
When the market goes back to 2256 it will trigger If you keep the order.
rat
  • #946,308
  • Dec 25, 2014 9:37am Dec 25, 2014 9:37am
Quoting Ken A
{quote} Overshoot 1.2244 EJ up +8 pips UJ 120.00 holds {image} {quote} Market is not closed - see above
2243.5 was the st target.. it has now been hit
those who can, do. those who cant, talk about those who can
  • #946,309
  • Dec 25, 2014 9:39am Dec 25, 2014 9:39am
Quoting Ken A
Yes. High as of this post is 1.22516 Atm 1.22465 {image}
i see a st 2254 target.
those who can, do. those who cant, talk about those who can
  • #946,310
  • Dec 25, 2014 9:40am Dec 25, 2014 9:40am
Quoting rattyo
When the market goes back to 2256 it will trigger If you keep the order.
if that so, the sell limit order has outlawed its algoritm and an error supposed to be occurred as sell limit is a short order if the price is higher than current rate. Isnt it?
  • #946,311
  • Dec 25, 2014 9:41am Dec 25, 2014 9:41am
Quoting rattyo
When the market goes back to 2256 it will trigger If you keep the order.

No, when the limit order is 2256, and the broker is closed above the holidays, and the first price he quotes is 2270, the order has become market order and will be executed
  • #946,312
  • Dec 25, 2014 9:41am Dec 25, 2014 9:41am
Quoting Sants
{quote} what broker are you trading in?
Admiral markets
  • #946,313
  • Dec 25, 2014 9:46am Dec 25, 2014 9:46am
Quoting infinitus
{quote} No, when the limit order is 2256, and the broker is closed above the holidays, and the first price he quotes is 2270, the order has become market order and will be executed
so after my broker is open within rate 2270, which rate it will execute position? 56/70?
  • #946,314
  • Dec 25, 2014 9:56am Dec 25, 2014 9:56am
Quoting Sants
{quote} so after my broker is open within rate 2270, which rate it will execute position? 56/70?
whenever it opens .. above your entry, u should get filled... and if your stop loss is within.. you should be s/o right after.. if that happens, the spread is your loss. if not, u were filled at a higher price anyway.. both to your advantage
those who can, do. those who cant, talk about those who can
  • #946,315
  • Dec 25, 2014 9:59am Dec 25, 2014 9:59am
if all retail brokers are close all banks and hedge funds are close then who is driving euro rates?
Don't speculate trade with surety.
  • #946,316
  • Edited 10:12am Dec 25, 2014 10:01am | Edited 10:12am
Quoting KingHussain
if all retail brokers are close all banks and hedge funds are close then who is driving euro rates?
the market is open (trades) 24/7... with my u.s. credit card i can charge a coffee in France even on Christmas day when my cc bank is closed. transactions take place 24/7. money is exchanged 24/7..banks trade all the time.. sometimes they do have serious gaps from Friday to Sunday because of a political or financial event. its just a gap because your broker was closed
those who can, do. those who cant, talk about those who can
  • #946,317
  • Dec 25, 2014 10:02am Dec 25, 2014 10:02am
Quoting Sants
{quote} so after my broker is open within rate 2270, which rate it will execute position? 56/70?

at 2270


The Limit Entry order is a conditional limit order to open a short position. The order is sent for execution attempt when the market bid price is equal or above the order trigger price.

The Limit Entry order is a conditional limit order to open a long position. The order is sent for execution attempt when the market ask price is equal or below the order trigger price.

You can avoid this, when you place instead of a limit order a "stop" order
  • #946,318
  • Dec 25, 2014 10:11am Dec 25, 2014 10:11am
Quoting gatorinla
{quote} whenever it opens .. above your entry, u should get filled... and if your stop loss is within.. you should be s/o right after.. if that happens, the spread is your loss. if not, u were filled at a higher price anyway.. both to your advantage
hmm I see. Well higher price is okay for eu will going down anw lol
  • #946,319
  • Dec 25, 2014 10:14am Dec 25, 2014 10:14am
Quoting infinitus
{quote} at 2270 The Limit Entry order is a conditional limit order to open a short position. The order is sent for execution attempt when the market bid price is equal or above the order trigger price. The Limit Entry order is a conditional limit order to open a long position. The order is sent for execution attempt when the market ask price is equal or below the order trigger price. You can avoid this, when you place instead of a limit order a "stop" order
I see, thanks for the help. Quite suspicious for me
  • #946,320
  • Dec 25, 2014 10:16am Dec 25, 2014 10:16am
Quoting Hickson
{quote} Like you told in Cable thread yesterday before it went down?
told u... dont be dick to anyone..sometime the stupid one is the genius one
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