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    Error Message Enabled Strategy

    Hi there,
    I have a problem with my automated strategy. Here is the error message

    FXCM, Limit price can't be greater than current ask. affected Order: Buy 1000 Limit @120,31

    What could be the problem?

    Best, Thowe

    #2
    Hello Thowe,

    Thanks for writing in.

    Buy Limit order would need to be placed below the market. If you want to place a buy order above the market you would need to use a stop limit or stop market order.

    Comment


      #3
      Originally posted by thowefx View Post
      Hi there,
      I have a problem with my automated strategy. Here is the error message

      FXCM, Limit price can't be greater than current ask. affected Order: Buy 1000 Limit @120,31

      What could be the problem?

      Best, Thowe
      Call and ask the broker. That does not make sense. A Limit order above the market should be executed at Market.

      Comment

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