Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

11 A trader is long EUR/USD at 1.2780 and has a target of 1.2790, but wants to limit losses to 1.2775. If they have entered

image text in transcribed
11 A trader is long EUR/USD at 1.2780 and has a target of 1.2790, but wants to limit losses to 1.2775. If they have entered an OCO order, and EUR/USD trades below 1.2775 and then above 1.2790, what would be the resulting trade? Sell at 1.2775 and again at 1.2790 Sell at 1.2790 and again at 1.2775 Sell at 1.2775 Sell at 1.2790

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bitcoin Cash What You Need To Know About Bch

Authors: Alexander O. M.

1st Edition

1976721229, 978-1976721229

More Books

Students also viewed these Finance questions