2.4 Market order, buy limit, sell limit, buy stop, sell stop, stop loss and profit targets | Forex
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http://www.capexforextrading.com/forex-brokers-software Different types of trading scenarios require different types of orders. In this Forex training video we discuss the main order types that can be executed in a Forex chart. Other than the market order, all other order types are pending orders. This means that entry price levels are defined before the market reaches them. Once that price level is reached the orders are automatically executed.
Comments
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Why i should use buy stop or sell stop in time i can triggered now!?
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I agree with everyone..excellent video.. but a couple questions... How do you determine a smart SL? A formula you use..would like to know..and when you shoot for a target to win..do you approximate the target by the average length of previous candles so as to determine a realistic target point? Sorry if silly questions ..but I need to know and would appreciate help from any who know! :) Thank you
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The best explanation on the internet thank you.
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It has been a few years since I traded and forgot what was what on the orders, simple and easy explanation, thanks.
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Very clear and precise, thanks
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excellent video