hello guys,
when trading AUD/NZD with Interactive Brokers I sometimes place a buy stop order.
now I like to be sure of the execution, but especially in a fast market I might have to pay a lot of spread.
a buy stop limit order is not an option as it might never execute.
so price is now 1.3000 and I want to buy if price touches 1.3050 .
how could I define my order in such a way that I`m sure of execution, but at the same time buy as close to 1.3050 as possible?
appreciate your help.
when trading AUD/NZD with Interactive Brokers I sometimes place a buy stop order.
now I like to be sure of the execution, but especially in a fast market I might have to pay a lot of spread.
a buy stop limit order is not an option as it might never execute.
so price is now 1.3000 and I want to buy if price touches 1.3050 .
how could I define my order in such a way that I`m sure of execution, but at the same time buy as close to 1.3050 as possible?
appreciate your help.