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Tuesday, July 7, 2009

3. Stop if Offer


A Stop if Offer order is used to buy or sell a currency is the Ask price breaches the specific level in the price field. Typically, Stop if Offer orders are used to sell a FX position in order to make sure a certain level is broken. 
Linking orders offers traders a logical aggregation of order types that outline contingencies in market participation, making it much easier to trade in moving markets. 


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