When i buy Usd/MXN i always get some error mesage.
It only works in market order. My Stop loss is 18,44 and takeprofit 18,53 or 52. Where do i make error?
The same is with usd/zar.
1. JForex platform for Trader Contest allows only one order per instrument and five orders in total. Make sure you meet these requirements.
2. USD/MXN and USD/ZAR instruments have a wide bid/ask spread in pip terms. Make sure your SL and TP are set outside of the spread or else your order could end up closing immediately after it's filled.
3. If your order gets rejected then too low value of slippage parameter could be the reason. Set your slippage parameter to a greater value.
I use wide TP and SL. Because the price (pips) too much "jumps" .
I think the problem is in slippage i normally use 5 pips , but i think it´ s not enough. How to count it?
Hi,
"When i buy Usd/MXN i always get some error message."
Error message should pin point what is wrong with order, you need to make change to this part of the order.
Can you show error message or print screen with message?
Regards
I would say slippage>100 and try not to order on high volatility period. Otherwise - slippage between 500-1000. Suprisingly, my order on USDMXN worked well without changing any settings on real acc, so maybe it was just the time of the order.
Also remember, to have serious SL on that one, IMHO not the best pair for contests- unless something really important happens in Mexico.
Open trading account