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Post From: Bracket order triggers Move to Break-even before Limit reached

[2013-04-16 05:44:39] Link To Thread - Link To Post [Go To First Post]
Rainer - Posts: 108
Have just noticed: my Live Bracket-order triggered & moved to break even but my (same tick) Target1 order only got triggered (filled) when market moved a few more tenth of a tick further. Why? Question: When are Stops, Limits & Move-to-break-even triggered (and how are these correlated) in Live trading, are they triggered all the same based on what, Bid/Ask/Last (in a Long position)? I assume (and in real life) once the market moves through the Ask (if long) but how is the break-even triggered? In my understanding, if a bracket order is pre-configured for the Stop to move to break even when Target1 is filled (ie T1=5, BE trigger=5) then these should be executed at the very same time, actually I'd expect for the Fill to occur first then the move-to-break even; is this so? I've attached screenshots so you can better ascertain. And/Or could it have to do with how SC handles tenth of ticks (AUDUSD 1.03666), as in the Trade Activity Log it appears some entries labeled Stop/Limit/Market are rounded to the 4th digit while others are expressed as 5 digits (1.03660 vs 1.03666). [my 2.30min chart value scale is configured to show 5 digits AUDUSD]. Furthermore, my Order Fills (see attached pic), entry price is 1.0367 and T1=1.03723 (profit =5.6) but my bracket-order Target1 is set to =5; can you pls explain? Date Time Of Last Edit: 2013-04-16 05:47:24


SC bracket Order.JPG / V - Attached On 2013-04-16 05:25:05 UTC - Size: 150.04 KB - 749 views SC bracket Order2.JPG / V - Attached On 2013-04-16 05:25:31 UTC - Size: 520.45 KB - 711 views SC bracket Order3.JPG / V - Attached On 2013-04-16 05:37:28 UTC - Size: 28.14 KB - 684 views