(Urgent)Can I cancel a Started, Unexecuted Order???

Apr 30, 2012 at 16:22
Vistas 925
5 Replies
Miembro desde Nov 23, 2011   posts 2
Apr 30, 2012 at 16:22
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!

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Miembro desde Apr 25, 2012   posts 285
Jun 03, 2012 at 13:16
you should be able to close if your not contact help desk of your broker or phone them to close your position,

An other solution is put a reverse order at the same pair and same price level .😄
Miembro desde Apr 16, 2012   posts 23
Jun 08, 2012 at 10:52
Keep trying - im sure its just a glitch
LOW RISK + HIGH PROBABILITY = REWARD
Miembro desde Jun 23, 2012   posts 55
Jun 27, 2012 at 08:54
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
Miembro desde Dec 15, 2010   posts 795
Jun 28, 2012 at 16:18
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

Click on my Name to see My Live Charts and Bio.
Miembro desde Dec 15, 2010   posts 795
Jun 28, 2012 at 16:19
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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