Interactive Broker (IB) Paper Trading Limit Fills on Forex

Discussion in 'Trading Software' started by up23, Jun 20, 2011.

  1. up23


    Hi, I'm wondering if anyone have any experience with not getting their limit filled even though the chart showed the price trading through the limit on the Idealpro Forex exchange on IB.

    Will my limit order get ignored live as well? The only consistency I see is that if the bid moves all the way up to the sell limit, I get filled. But the last traded price shows that my limit price was exceeded. Is this something about the Forex market that's different from futures or stocks?

    I have attached a screenshot. On the last 6 bars, the order line was there before the price went through it.

  2. up23


    ok I figured it out. The price of the bar is the (ask-bid)/2. The bid has to trade up for me to get filled.