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View Full Version : Important!!For staff. Orders' sequence.


user2
07-16-2010, 05:37 PM
Hi everybody!
I’m a VIP client of FXclub and I need correct answer for my question from FXclub staff during this weekend!
Please, help me!

Example: I have 1500$ on my account.

I opened long position EUR/USD at 1.2926

I placed two orders:
1. EUR/USD at 1.2913: SELL 1000$
2. GBP/USD at 1.5288: SELL 1000$

The market is closed on 16.07.2010 with rates:
1. EUR/USD at 1.2927 Bid
2. GBP/USD at 1.5300 Bid

Question: What will I see in my trade terminal, if during opening of trading on Sunday 18.07.2010 at 9 PM (GMT time), the rates are:
1. EUR/USD at 1.2900 Bid
2. GBP/USD at 1.5200 Bid

There are two possible solutions:
I. The first one:
a. The order GBP/USD is executed. But I had not enough money on my account. So, the order is wasted.
b. The order EUR/USD is executed. I lost
13 pips.
Account statement: 1370$

II. The second one.
a. The order EUR/USD is executed. I lost 13 pips.
b. The order GBP/USD is executed. I won 84 (88 – “GBP spread”) pips.
Account statement: 2210$

So, the ultimate role places the sequence of orders’ execution!!!!!!
Therefore, I want to know which scenario will be executed and why???.


Best regards,
Pavlo