when placing pending orders remember the value of the spread.
sorry just reversing the prices .... hahaha
sorry just reversing the prices .... hahaha
Thanks a lot guys.
That's very good point - widening spread during Bank holiday days - I didn't know that. Usually I don't care about the spreed, because, pips or two more or less (strategy is trend base, so it's not scalping and 2-3 pips doesn't make big difference - and I don't open trades around the news), but after your comments I check spread and indeed - in some moments, there was even 8 pips (79 points) spread on GBPUSD on Alpari. That's insane spread and this was the reason for opening that trade.
Thanks a lot.
To those who celebrate Easter - wish you great time, happy Easter!
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Hello fellow traders,
I am confused regarding one of today's trade. I trade on Alpari (RU), and you can see on attached screenshot that situation.
I placed pending order, and trade was open (on marked candle) but as you can see that candle didn't hit that level (there were almost 4 pips gap). How is that possible? How candle can open trade o that level if it didn't hit it?
Thank you very much.