Senin, 21 Desember 2009

Forex Order Duration Types

Order Duration Types
GTC (Good Till Cancelled) order will stay in the market until you cancel it. It is usually the default order
GFD (Good For the Day) remains active in the market until closing time of the day (usually at New York Closing Market).
OCO (One Cancels Other), this is a common order and it consists or two orders where if one is filled, the other order is cancelled