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    Stop Loss

    I had some trouble placing a trade with my custom ATM strategy. I set a stop loss at 10 for EUR/USD and it said that my stop loss must be greater than current ask price. Is this a decimial place issue?

    EUR/USD goes out 5 places, would 10 be .0010'0 or .0001'0

    (so basically to get a .0010'0 stop loss would I have 10 there or 100?)

    Thanks

    #2
    10 would correspond with 10 ticks. If you want 100 ticks you would use 100. The EURUSD tick is 0.0001
    Josh P.NinjaTrader Customer Service

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