Fifo requirements

[vere76]

Why do I keep getting my orders canceled?

 

[MARKC]

Why do I keep getting my orders canceled?
View attachment 4683

Hi,

The “FIFO requirement” message means your broker follows the FIFO (First In, First Out) rule, which prevents opening multiple trades in the same direction on the same pair before closing the first one.

Here’s what you can do to fix it:

• Increase the Consecutive Signals — this will make Galileo place fewer trades, reducing FIFO conflicts.
• You can also set the Max Orders to 1 in your Galileo FX settings. This ensures the bot opens only one trade per pair at a time, preventing any FIFO violations.

Once you apply these changes, your orders should stop getting canceled.

Let us know how it goes after making the adjustments!

 

[Chris]

Imagine you open multiple trades on the same asset — for example, buying EUR/USD three times. In the U.S., FIFO (First In, First Out) means you must close the oldest trade first before closing the others.


So if you:

• Buy EUR/USD at 9:00 AM
• Buy it again at 9:30 AM
• Buy it again at 10:00 AM

You must close the 9:00 AM trade first, even if you'd prefer to close the 10:00 AM one.