An order's time-in-force option determines the time frame in which the order would execute. There are four different time-in-force options you can choose from within the Entry Order or Market Order window in Trading Station: Day – activates your Entry…
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A close market order is an order placed to close an open trade at the current market rate. To place an Close Market order in Trading Station, please follow the steps below: From the Summary tab right click the desired…
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This an order placed to enter a trade at the current market rate. To place an Open Market order in Trading Station, please follow the steps below: From the Dealing Rates window, left click on the Sell or Buy price…
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When trading with a Trading Station account, you have many order options available to you: Market Orders: Enter the market immediatelyMarket Range: When your strategy is sensitive to price execution. With Market Range, you determine a comfortable range of prices in pips where…
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A Close Range order functions exactly like an Close Market order with the added benefit of allowing traders to set an “acceptable” range at which they would like to be filled. Close range orders are ideal for limiting negative slippage.…
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Your strategy may require you to cut losses at a certain point. Stop orders execute similarly to Stop entry orders, but get you out of the market, rather than in. Stop Orders guarantee execution, but not a particular price. To…
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Your strategy may require you to take profits at a certain point. Limit orders execute similarly to Limit entry orders, but get you out of the market, rather than in. Limit Orders guarantee the specified price (or better), but not…
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A stop entry order is an order to buy above the current market price with a long trade or sell below the current market price with a short trade. To place a stop entry order in Trading Station, please follow…
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A limit entry order is an order used to buy below the current market price with a long trade or sell above the current market price with a short trade. To place a limit entry order in Trading Station, please…
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In the "Dealing Rates" window of the Trading Station, follow these easy steps: Click on "Buy" or "Sell" for the currency pair you would like to trade.The "Create a Market Order" window will appear. Update all fields related to your…
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No, Friedberg Direct maintains a no re-quote policy for forex orders, indices, metals, and oil. Circumstances may exist based on order size, trading pattern, and/or market conditions when individuals may not receive execution at the requested rate. In such cases, orders…
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When you buy the EUR/USD pair, you are buying the euro, and selling the U.S. dollar to pay for it. If the euro interest rate is 4.00%, and the U.S. rate is 2.25%, you are buying the currency with the…
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