TradeStation Help

Placing Forex Orders

Forex (Foreign Exchange) orders can be placed directly from the Forex tab of Order Bar using a TradeStation account. 

  1. Select the Forex tab on the Order Bar to reveal the Forex order section.
  2. Enter the Forex currency pair symbol to place an order in the Currency Pair box. See TradeStation Symbology Types for more information on Forex Symbols.
  3. Click the image\spin_up_button.gif or image\spin_down_button.gif arrow to select the number of currency units to trade in the Units box.
  4. Select the desired order type (Limit, Market, Stop Limit, Stop Market) from the Order Type drop-down list.
  5. For limit orders, set the limit price to adjust the price using the image\spin_up_button.gif or image\spin_down_button.gif arrow in the Limit Price box. You can also click Auto to use the Auto Price feature.
  6. For stop orders, set the stop price to adjust the price using the image\spin_up_button.gif or image\spin_down_button.gif arrow in the Stop Price box.
  7. Select the length of time for which you want your order to be valid from the Duration drop-down list. For more information, see Order Bar Durations for Forex.
  8. Select the account to use in settlement of your order from the Account No. drop-down list.
  9. Click Buy to purchase currency units or click Sell to short currency units from your position.
  10. Click OCO/OSO for Order Cancels Order or Order Sends Order choices.
  11. Click Yes to send the order or No to cancel the order in the Confirm dialog.

You can disable the Confirm dialog if you do not wish to confirm your order before placing it. for more information, see Enabling and Disabling Order Confirmations.