Forex Order TypesUp to now you have learned what are Forex basics and how to use them
Now you have come to the part when you need to use that knowledge and open an order in the trading platform.
This trading guide is the next step to become a trader.
Here you will see how to make money and how you can lose money.
Forex order types
In this part you will see an overview of what Forex order types exist. It is important to know what you have as a tool so you know what to use and when to use
What is Bid Price and Ask Price
There are two prices you follow on the chart. Each price represents your entry price or exit price. Find out more in this article
How to Open and Close Order in Metatrader4
If you do not know how to open order then you cannot trade.
Read this article and learn how to open order
What is Buy in Forex
Buy is one of two possible choices in trading.
You buy when you expect the price will rise. How to open buy order you will see in this article
What is Sell in Forex
Sell is the second choice in trading.
You sell when you expect the price will fall. How to open sell order you will see in this article
Difference Between Buy and Sell
If you did not see the difference between buy and sell then this article will give you some more insights
What is Entry Point in Forex
Entry point is the price level which you enter into the trade on.
Check this article and see on the example what is entry point
What is Market Execution in Forex
Market execution is a price which you see on the chart.
It changes as the market change
What is Instant Execution in Forex
Instant execution is one of possible execution of orders. It is important to have quick and instant execution
Forex Pending Order
Now you will learn about pending orders in Forex trading.
Pending orders are orders that will open in the future if certain conditions are met.
That means you can open a pending order and leave your PC and the trading platform will do the rest.
What is a Buy Stop in Forex
Buy Stop order is one of pending orders.
Check this article to learn how and when to use buy stop order
What is a Buy Limit Forex
Buy Limit is second buy pending order you can use.
Check this article to learn how and when to use buy limit order
What is a Sell Limit Order in Forex
Sell limit like Buy limit is pending order.
Check this article to learn how and when to use sell limit order
What is a Sell Stop in Forex
Sell Stop order is one of pending orders like Buy Stop
Check this article to learn how and when to use sell stop order
Forex Trading Guides
Main Trading Guide