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Tuesday, July 7, 2009

5. If Done (ID)


5. If Done (ID) 
These contingent trade orders, also known as slave orders become active only if the primary order is executed first. An example would be a working order to buy EURUSD at 1.2500 and a contingent order to sell at 1.2400 Stop if Bid – if the first order is done. 


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