Forex
Order Management
The order management
window is a summary view of all open forex orders. Orders within 10
pips of being executed are highlighted, allowing forex traders to easily
track order status.
Ref: Each
forex order is assigned a reference number. Both sides of a 'One Cancels
Other' (OCO) order will have the same number.
Buy/Sell:
Order type based on the first currency in the pair.
Ccy Pair:
The currency pair of the trade.
Deal Amount:
The first currency value of your order.
Basis: Order
type; i.e. Stop Loss (or Stop Entry), or Limit.
Order Rate: The
trigger rate at which you want the forex trade to be executed.
Live Price:
The current forex rate at which the trade could be executed.
Points Dif:
The difference between the order rate and the live price.
Conf: The
order confirmation number generated by the forex trading system upon
placement of your order.
Expiry: The
point at which the order becomes invalid, even if the forex market reaches
your rate.
Currencies:
Sort open forex orders by currency pair or show all orders.
Orders in listing:
The number of orders posted in the category you have selected in the
currency field.
New: Clicking
"New" will take you to the order form to leave a new order.
Modify: Clicking
"Modify" will allow you to change the rate and/or lot size of the order
without having to cancel the order.
Cancel Order:
In the order status window, highlight the order you wish to cancel by
clicking on it with your mouse, and then click 'Cancel'.
Color Indicators
Yellow (Whole
Row): Indicates the second leg of an OCO
Yellow (Live Price and Points Diff column): Indicates within
'n' number of points (default is 1)
Green (Live Price and Points Diff column): Indicates when an
order rate has been passed through
Blue: Indicates that a forex order is filled
Edit
an Existing Forex Order
There are two ways to edit an existing order. Double click the order
you wish to edit, or select the order with a single mouse click and
press the modify button. This invokes the edit screen, allowing you
to edit any parameter of the order, except for order type. If you wish
to change the order type, you must cancel the existing order and place
a new order.
Cancel an Existing
Forex Order
Select the order with a single mouse click and press the 'Cancel Order'
button. The edit order screen will appear, showing all details of the
order to be canceled. Confirm by clicking the 'Cancel Order' button
again in the bottom left of the screen. An Order Cancellation Successful
message will appear in the bottom right of the order screen. If you
do not wish to cancel the forex order, simply click 'Abort' and you
will be returned to the forex order management screen.
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