Yesterday I placed a trade on GBP/USD short. My trade was set to enter at 8945. I had a TP set for 8898 and a SL set for 8989.
The chart shows my entry, SL, and TP.
[img=http://img90.imageshack.us/img90/8590/gbpusdqk1.th.gif]
OK, here's the thing. According to the chart, price went as low as 8895, a full 3 pips below my TP, but the TP order was not executed. Instead I got stopped out at 8989.
Now, you might say, well, it's the pip spread. If that's true, then how come my SL was executed at exactly the price I specified and not off by 3 or 4 pips?
Any help would be appreciated.
The chart shows my entry, SL, and TP.
[img=http://img90.imageshack.us/img90/8590/gbpusdqk1.th.gif]
OK, here's the thing. According to the chart, price went as low as 8895, a full 3 pips below my TP, but the TP order was not executed. Instead I got stopped out at 8989.
Now, you might say, well, it's the pip spread. If that's true, then how come my SL was executed at exactly the price I specified and not off by 3 or 4 pips?
Any help would be appreciated.