Two pending orders
On XAUUSDm, two pending stop orders sit symmetrically around price: a buy above, a sell below. Neither is a prediction; they're the bet that, sooner or later, price breaks in one direction with enough force to trigger one of the two.
- The market picks the side. There is no trend indicator or bias filter before the trap is set. The order that fires is the correct answer to where price moved, not a prior opinion about where it was going to move.
- The distance is fixed, not guessed. Each order sits 100 pips from price. Gold quotes with three decimals at this broker, so a pip is $0.01 and the trap really opens $1.00 per ounce on each side.
- The order that doesn't fire gets cancelled. The moment one triggers, the other stops making sense and is pulled: only one position stays alive per cycle, not both at once.
- It re-arms with price still moving. Once a cycle closes, the pair of orders gets placed again around the new price. The robot doesn't wait for the market to sit still: it operates while it moves.