Oco forex definition

What Are OCO Orders In Forex Trading? - Admiral Markets

 

oco forex definition

OCO: Orbiting Carbon Observatory: OCO: Overseas Contingency Operations: OCO: Office of Climate Observation (NOAA). Definition. The execution of one order automatically cancels a previous order. A special type of order stating that if one part of the order is executed the other is cancelled. For instance, if you have two instructions to trade a market at different levels and one of the instructions is executed, the other instruction will be cancelled hycukofu.tk: hycukofu.tk, hycukofu.tk Oco Forex Definition EPEX SPOT SE (the European Power Exchange) is an exchange for power spot trading in.. The intraday trading system used by EPEX SPOT, M7 (ComXerv), allows simultaneous cross-border trades on the Exchange and via OTC.


Oco Forex Definition


Oco forex definition OCO order combines a stop order with a limit order on an automated trading platform. When either the stop or limit price is reached and the order executed, the other order automatically gets canceled.

Experienced traders use OCO orders to mitigate risk and to enter the market. If a trader wanted to trade a break above resistance or below support, they could place an OCO order that uses a buy stop and sell stop to enter the market. Once the price breaks above resistance or below support, oco forex definition, a trade is executed and the corresponding stop order is canceled.

If OCO orders are used to enter the market, the trader needs to manually place a stop loss order once the trade gets executed. The Time In Force for OCO orders should be identical, meaning that the timeframe specified for execution of both stop and limit orders should be the same.

Key Takeaways A one-cancels-the-other-order is a type of conditional order for a pair of orders in which the execution of one order automatically cancels the other order. OCO orders are generally used by traders for volatile stocks that trade in a wide price range. These oco forex definition could either be day orders or good-till-canceled orders, oco forex definition. Compare Investment Accounts.

 

One-Cancels-the-Other Order - (OCO) Definition

 

oco forex definition

 

OCO: Orbiting Carbon Observatory: OCO: Overseas Contingency Operations: OCO: Office of Climate Observation (NOAA). Definition. The execution of one order automatically cancels a previous order. A special type of order stating that if one part of the order is executed the other is cancelled. For instance, if you have two instructions to trade a market at different levels and one of the instructions is executed, the other instruction will be cancelled hycukofu.tk: hycukofu.tk, hycukofu.tk OCO - See One Cancels the Other. Friday th 23rd: OCO Forex news - Forex calendar - Forex forum - Forex tutorial - Forex glossary - Forex brokers - Forex books - Forex links.