Stop loss is hit but no evidence that candle even came close...

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I need help.

On Sunday June 1 at 10:35pm est

I went short on GBP/JPY as follows:

  1. My Entry was at 133.579
  2. My stop loss was 133.669

The closest candle on retracement was 133.609

However My stop loss was still hit.

Can someone explain to me why?

I anxiously await an answer..

Confused

 
The spread.
 
Kennairn52:

  1. My Entry was at 133.579
  2. My stop loss was 133.669

The closest candle on retracement was 133.609

9 pip SL. You buy at the Ask and sell at the Bid.
  1. Your buy order's TP/SL (or Sell Stop's/Sell Limit's entry) are triggered when the Bid / OrderClosePrice reaches it. Using the Ask±n, makes your SL shorter and your TP longer, by the spread. Don't you want the specified amount used in either direction?

  2. Your sell order's TP/SL (or Buy Stop's/Buy Limit's entry) will be triggered when the Ask / OrderClosePrice reaches it. To trigger at a specific Bid price, add the average spread.
              MODE_SPREAD (Paul) - MQL4 programming forum - Page 3 #25

  3. The charts show Bid prices only. Turn on the Ask line to see how big the spread is (Tools → Options (control+O) → charts → Show ask line.)
    Most brokers with variable spread widen considerably at end of day (5 PM ET) ± 30 minutes. My GBPJPY (OANDA) shows average spread = 26 points, but average maximum spread = 134.
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