Alpari demo TP not honored?

ycomp · #1 (**permalink**) 03-22-2006, 07:15 PM

Hi,

I think I'm reading this chart right...

I entered a trade for EURAUD with TP 1.6781 (sell) at 3.21 05:01 Alpari Time.

looking at the charts it looks like it went down past that today.

So my question is, why is the trade still open? My other trades seemed to have closed properly including a EURAUD at 1.6791 3.22 18:04 Alpari Time.

Can anyone think of possible reasons why this trade wasn't closed automatically?

I have attached a metatrader snapshot as a zip.

cucurucu · #2 (**permalink**) 03-22-2006, 07:48 PM

To trigger the TP the price shown on the chart has to be 1.6766 (your TP - 15pips spread). As you can see, it never did. Short positions are closed at the Ask price. In order for the Ask price to be 1.6781, the Bid price must be 1.6766. The price on your chart is the Bid price.

I hope it's all clear.

ycomp · #3 (**permalink**) 03-22-2006, 08:47 PM

ah forgot about that. I was thinking it was a 10 pips spread for some reason.

thanks.