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And its never easy to buy forex in a foreign country. One-Triggers-the-Other An OTO is the opposite of the OCO, as it only puts on orders when the parent order is triggered. Going back to the example, with a trailing stop of 20 pips, if USD/JPY hits.40, then your stop would move.60 (or lock in 20 pips profit).
New Version Launched With Scanner BUY sell signal Software with 9 Years of expertise in MCX forex NSE ncdex comex Globally. You will get assured monthly return by following our software and with simple rules. If you wanted to buy EUR/USD at market, then it would be sold to you at the price.2142. BUY, sell, reload foreign exchange. You set an OTO order when you want to set profit taking and stop loss levels ahead of time, even before you get in a trade. Also, always check with your broker for specific order information and to see if any rollover fees will be applied if a position is held longer than one day.