Oanda Trailing Stops - A Tutorial for Using Trailing Stops with Oanda

From John Russell, former About.com Guide

Open a market order window and set up your trade. I am making a market trade at the price of 78.15 on AUD/JPY. Notice that I have checked the checkbox that says Trailing Stop. This box is set the same way you set a regular stop, you just enter the starting price. For this trade I am going to enter a tight stop at 78.00. This gives me a stop that trails 15 pips behind my entry price.

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• Open The Platform
• Select Your Trade
• Make Your Trade
• Let the Trade Run
• The Trailing Stop Activates
• Trade Stopped Out

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