Euro / Paun BritishPendidikan
How to Set Pending Orders For Forex
Hey Rich Friends,
Today, I will explain how I use market orders when trading in the Forex Market.
By taking advantage of this option, I am able to enter my trades with less anxiety and never experience FOMO when I have pending orders set hours and days in advance.
Here are 5 Types of orders you should know:
1. Market Execution: Buying or Selling at the current price in the direction you expect the market to go. Adjust your TP and SL accordingly.
2. Buy Limit: The entry point is set BELOW the current market, but the price is still expected to rise and continue buying.
3. Buy Stop: The entry point is set ABOVE the current market, but the price is still expected to rise and continue buying.
4. Sell Limit: The entry point is set ABOVE the current market, but the price is still expected to fall and continue selling.
4. Sell Stop: The entry point is set BELOW the current market, but the price is still expected to fall and continue selling.
I hope this helps someone!
- Peace and Profits, Cha
Today, I will explain how I use market orders when trading in the Forex Market.
By taking advantage of this option, I am able to enter my trades with less anxiety and never experience FOMO when I have pending orders set hours and days in advance.
Here are 5 Types of orders you should know:
1. Market Execution: Buying or Selling at the current price in the direction you expect the market to go. Adjust your TP and SL accordingly.
2. Buy Limit: The entry point is set BELOW the current market, but the price is still expected to rise and continue buying.
3. Buy Stop: The entry point is set ABOVE the current market, but the price is still expected to rise and continue buying.
4. Sell Limit: The entry point is set ABOVE the current market, but the price is still expected to fall and continue selling.
4. Sell Stop: The entry point is set BELOW the current market, but the price is still expected to fall and continue selling.
I hope this helps someone!
- Peace and Profits, Cha
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.