Am I reading this right?
Ordered sell EURJPY @ 131.595 @ 7/23/13 @ 1940hrs.
TP set at 131.400, which hit at 7/23/13 @ 2100 hrs AND 7/24/13 0145hrs.
Should this have sold? I’m a bit baffled.
Am I reading this right?
Ordered sell EURJPY @ 131.595 @ 7/23/13 @ 1940hrs.
TP set at 131.400, which hit at 7/23/13 @ 2100 hrs AND 7/24/13 0145hrs.
Should this have sold? I’m a bit baffled.
30 views and no replies? If it’s a noob problem, let me know. It won’t hurt my feelings if you call me one.
Hi JL,
I can’t speak for other readers, but maybe you didn’t get a response earlier because it’s a bit hard to make out the numbers on the chart.
I’ll venture a guess here though. Did your take profit level at 131.400 barely get touched on the chart or did the price go much below that? The reason I ask is because MT4 charts will only show you the bid price (AKA the sell price) in the market. But your take profit order on a short position would actually be triggered based on the ask price (AKA the buy price) which is a couple of pips higher due to the spread.
Let me know if that turns out to be the reason. Otherwise, please try posting another screenshot with a close up on the numbers, so we can have a closer look.
Jason
Sorry for the really bad picture, seems babypips shrinks images by default. The bottoms of each of those pointed out are 131.385 and 131.355.
Now MT4 is saying my TP was set at 131.408. Looks like I’ll be manually setting my TP for now on.
Thank you for your time.
My pleasure
I’m glad you were able to figure out what happened.