Open Position Settings

Brief

This section describes how to show/hide an open position, stop/limit orders added to a position and net positions on a chart.

Details

You can set whether your open positions, stop/limit orders added to a position shown on the chart and net positions are displayed on the chart.

Show/Hide Open Position

An open position is indicated on a chart by a horizontal line with a label. The horizontal line indicates the price level the position was opened at. The label displays the trade operation (Long or Short), the date and time when the position was opened, and the current profit/loss in pips.

Note: Time is shown only for positions which were opened during the last 12 hours.

If the price of the open position is out of the viewing area, a marker is displayed on the chart. By clicking the marker, you can view the line of the position.

When you point to a line, label or marker of a position, a tooltip appears. The tooltip displays the trade operation (Long or Short), the open price, the date and time when the position was opened, and the current profit/loss in pips.

To show/hide an open position:

1. Do one of the following:

• On the Trading menu, click Open Position Settings.
• Right-click in the chart, point to Show Trading Information on the shortcut menu, and then click Open Position Settings.
  
  * In the FXCM Trading Station, the command is also available on the Charts menu, on the Trading submenu.
  
2. The Open Position Settings dialog box will appear.
   
   
3. To show/hide the position, in the list of positions, select/clear the appropriate check box.
   
   Note:

• If you want to show all open positions, click Select All.
• If you want to hide all open positions, click Clear All.
4. Click OK.

You can show/hide all positions in the following way as well:

1. Do one of the following:

• Go to the Trading menu.
• Right-click in the chart, point to Show Trading Information.
2. To show/hide all open positions, click Show Open Positions.
   
   * In the FXCM Trading Station, you can also show/hide all open positions in the following way:
   On the Charts menu, point to Trading, and then click Show Open Positions.

Note: If you hide all positions, the stop/limit orders added to these positions will be hidden as well.

You can change the options for an open position. See Position Options.

Show/Hide Stop/Limit Orders

A stop/limit order is indicated on a chart by a horizontal line with a label. The horizontal line indicates the price level the order was placed at. The label displays the order type and the expected position profit/loss in pips. The left parts of labels of the position and its stop/limit order have the same color. The date and time when the order was created is indicated on the line by the creation mark.
If the price of the stop/limit order is out of the viewing area, the order line is currently not visible.

When you point to a stop/limit order line or label, a tooltip appears. The tooltip displays the order type, the order rate, and the current profit/loss.

To show/hide stop/limit orders added to the positions which are shown on the chart:

• To show/hide stop orders, in the Open Position Settings dialog box, select/clear the Show stop orders check box.
• To show/hide limit orders, in the Open Position Settings dialog box, select/clear the Show limit orders check box.

You can change the options for stop/limit orders added to a position. See Options for Stop/Limit Orders Added to Positions.

Show/Hide Net Position

A net position shows an average entry price of all open positions with the same trade operation and total profit/loss from all these positions in pips. So if you have more than one open position with the same trade operation, you can view a net position on the chart.

The net position is indicated on a chart by a horizontal line with a label. The label displays the type of the net position (Short or Long) and the total profit/loss in pips. If the price of the net position is out of the viewing area, a marker is displayed on the chart. By clicking the marker, you can view the line of the net position.

When you point to a net position line, label or marker, a tooltip appears. The tooltip displays the net position type (Net Long or Net Short) and a total profit/loss in pips.

To show/hide a net position:

• To show/hide the net short position, in the Open Position Settings dialog box, select/clear the Show net short position check box.
• To show/hide the net long position, in the Open Position Settings dialog box, select/clear the Show net long position check box.

You can change the options for a net position. See Net Position Options.