We really do learn new things everyday.
My broker is oanda. Anyway i put in a buy stop on the cadchf pair at 0.96512. Afterwards i’m informed the trade has started. I open up mt4 and notice the price has not even crossed the line and yet the trade has already started. I contact the help desk.
Next the person reveals to me it’s actually the ask price that activated the trade. The candles or bars you see on mt4 is the bid price or selling price.
Ok then it occured to me yes there are 2 lines moving but it does not show on the main graph where the candlesticks are but on the tick chart. There’s 2 lines moving one in red and one in blue. I suppose the red is the bid price while the blue is the ask price.
Therefore it was the blue that activated the trade and not the red line but what we see on the candlesticks is the red line and not the blue and the blue can only be seen on the tick chart is this correct? Please correct me if i am wrong.
Now this is going to be a problem but i must say i was lucky so far that for most of my trades on other currency pairs the bid and ask were moving so close to each other but in the cadchf pair they are so far apart.
