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Old 05-05-2012, 09:41 PM   #1
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Default ATM target hit and orders are cancelled

Ok so suppose I am using an ATM (custom) strategy, and price is at 10, my stop appears at 5 and target at 15 (for example), this is fine so far. Now I watch price and I decide that I would like to also short if it hits16, so I place a sell limit order at 16. What happens though, is that price rises, hits my target, it cancels the stop, but also strangely it cancels the limit order at 16.

What is the solution to this?
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Old 05-06-2012, 01:30 PM   #2
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Are you using OCO orders? Is there a green OC or OCO icon showing when you place the order?

If you check the ATM strategy field, does it show "Active ATM strategy" there? You may want to select "none" in this field before you place the second order.
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