How is this possible?
Price past my TP then totally shot towards my entry level then dropped. I was going to move my SL to my entry point but so glad I didn’t. Why didn’t my TP trigger?
Is it your app? What holds the order when you place it?
I’m on MT4 mobile and trade with MX.Com
I think I know what it is now. The ASK price never hit my TP only my BID price did!
Yes, that is exactly what happened. I was going to tell you to make sure you look at the correct price, but you already figured it out.
Go to chart properties and select “show ask price”, that way you can always see how big is the spread in relation to the price movement and how potentially good is the trade, especially in shorter time frames. A small trade that can give you 10 pips risking also 10 pips may look good depending on your indicators, but if you are on a cross that takes 6 pips spread it makes no sence at all.