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(Urgent)Can I cancel a Started, Unexecuted Order???
Apr 30, 2012 at 16:22
Mitglied seit Nov 23, 2011
3 Posts
I am using MT5 !! I wish to close my current open position but I can't!!!!
THen I tried again, damn failed again, please check my screenshot
Can I cancel all "started" Yet unexecuted Order? please help!
THen I tried again, damn failed again, please check my screenshot
Can I cancel all "started" Yet unexecuted Order? please help!
Mitglied seit Apr 25, 2012
269 Posts
Mitglied seit Jun 23, 2012
54 Posts
Jun 27, 2012 at 08:54
Mitglied seit Jun 23, 2012
54 Posts
I'm keen to learn. Is recersing the order placing the S/P and the T/P in reverse order? I think you may have to have your pips a certain pips so many from the current price. A QUESTION not advice, I only started this month. Good luck with it mate. Bruce
Mitglied seit Dec 15, 2010
784 Posts
Jun 28, 2012 at 16:18
Mitglied seit Dec 15, 2010
784 Posts
The reason most likely that he cant cancle is that he is still to close to the buy or sell level. Many brokers have a minimum spread before allowing the trade to close. i Have the same issue with IBFX usa. My EA wants to close all and the broker wont let it unless its moved far enough. A few brokers allow 0 to 2 pips movement but not all. The reason is to prevent yoyo trading. This rule affects real money trades and may not be active in demo.
Garry
Garry
Click on my Name to see My Live Charts and Bio.
Mitglied seit Dec 15, 2010
784 Posts
Jun 28, 2012 at 16:19
Mitglied seit Dec 15, 2010
784 Posts
Skyjack is correct, the broker needs the account to move a certain number of pips befroe allowing it to close.
Garry
skyjack777 posted:
I'm keen to learn. Is recersing the order placing the S/P and the T/P in reverse order? I think you may have to have your pips a certain pips so many from the current price. A QUESTION not advice, I only started this month. Good luck with it mate. Bruce
Click on my Name to see My Live Charts and Bio.

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