Stoploss triggered but price was not reach

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Snkcreeps
13
Snkcreeps  

Hi

A few days ago i opened a BUY position of NZD/USD at 0.7141 with a Stoploss at 0.7120.

(16/09/09 20:31 to 17/09/09 00:08 ).

To this time the price never reached my SL, but it was triggered.

Why does this happen?

Or is this a software bug?

You can see it on the chart below.

Have a nice day

propip

Files:
Chart.jpg 165 kb
penzevsergey
51
penzevsergey  

Ask technical support of your broker. They should explain the problem.

William Schaarrand
469
William Schaarrand  

I only know of 1 broker that has fixed spreads which normally fix this problem.

However, most brokers have floating spreads that adjust during volatile moments. so if the spread jumps 20 pips., the actual CHART price may never reach your SL however the increased range in the spread would have triggered your stoploss.

martin eshleman
293
martin eshleman  

I caught my broker doing this to me a couple times. There are probably other brokers as well then. They were probably just cheating you!

Cornelis Duiker
1498
Cornelis Duiker  
This is why i hardly ever publish my stop loss
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