The Traderszone Network

Published in TZ Latest News 18 April, 2017 by The TZ Newswire Staff

Facturing in Spread in Order Placement

Dear all,
my question is the following: my charts run on “middle price”. Let’s assume the spread between bid and ask is “2”.

Let’s say i want to place a long order now at Level 12000, SL at 11000 and Take Profit at 13000. Would these by the correct orders:

Order: 12000+1
SL: 11000-1
Take-Profit: 13000-1?

Best,
excalibur