• About us
  • Contact us
  • Privacy Policy
Sunday, February 28, 2021
  • Login
Tech News, Magazine & Review WordPress Theme 2017
Advertisement
  • Home
  • Review
    muse design

    Muse Design – Interior Design Ideas

    Filmora vs corel videostudio

    Filmora VS Corel Video Studio – 2021 Features And Pricing Comparison

    Oil and Gas Industry

    Oil and Gas Workers’ Safety Products

    How Does a Smart watch Work? — A Complete Guide

    How Does a Smart watch Work? — A Complete Guide

    Laptops

    6 Things You Must Know Before Buying a New Laptop

    Logo Designing Tools

    6 Best Logo Design Tools That Every Designer Must Know

  • Gaming
    How to Boost Your Online Video Game Streaming Experience?

    How to Boost Your Online Video Game Streaming Experience?

    The best Casino Tips, New And Methods Ways

    The best Casino Tips, New And Methods Ways

    The Best List of Pirate Bay Proxy and mirrors sites in 2021

    An Effective List of Pirate Bay Proxy and Mirrors Sites

    Bioshock 4

    3 Bioshock 4 Setting You Would Love to Explore

    Some of the Best Applications Available to Watch Movies Online

    How Does Animation Works And What Are Different Types Of Animations?

    Know about Ten Pin Bowling in India

  • Computers
    SAP

    SAP Training Programs For Future Managers

    Benefits of SD-WAN and How It Improves Productivity

    Should You Get a Gaming Laptop or Desktop? Here’s How to Decide

    Should You Get a Gaming Laptop or Desktop? Here’s How to Decide

    Why is SBCGlobal net email not working

    Why is SBCGlobal net email not working?

    3 Easy Ways Of How To Enable Touchpad On HP Laptop

    How to Choose Best PC for SEO & Marketing Specialist

    How to Choose Best PC for SEO & Marketing Specialist

  • Applications
    How to use Technology Specific Blowers for waste Water apps

    How to use Technology Specific Blowers for waste Water apps

    The Best List of Pirate Bay Proxy and mirrors sites in 2021

    An Effective List of Pirate Bay Proxy and Mirrors Sites

    Filmora vs corel videostudio

    Filmora VS Corel Video Studio – 2021 Features And Pricing Comparison

    Some of the Best Applications Available to Watch Movies Online

    How Does Animation Works And What Are Different Types Of Animations?

    best digital caliper

    Best Digital Caliper for 2020

    Why is SBCGlobal net email not working

    Why is SBCGlobal net email not working?

  • Security
    How to remove yourself from data broker sites

    How to remove yourself from data broker sites

    TheWiSpy Review: Mobile Phone Monitoring App

    Oil and Gas Industry

    Oil and Gas Workers’ Safety Products

    Top 7 Benefits of Commercial Security Systems in Your Business

    Top 7 Benefits of Commercial Security Systems in Your Business

    The 5 Most Important Benefits Of Effective Disaster Recovery Planning

    The 5 Most Important Benefits Of Effective Disaster Recovery Planning

    Vaughan Roof Repair

    Vaughan Roof Repair Company in Canada – Everything Need to Know

  • Software
  • Buy Themes and Plugins
No Result
View All Result
  • Home
  • Review
    muse design

    Muse Design – Interior Design Ideas

    Filmora vs corel videostudio

    Filmora VS Corel Video Studio – 2021 Features And Pricing Comparison

    Oil and Gas Industry

    Oil and Gas Workers’ Safety Products

    How Does a Smart watch Work? — A Complete Guide

    How Does a Smart watch Work? — A Complete Guide

    Laptops

    6 Things You Must Know Before Buying a New Laptop

    Logo Designing Tools

    6 Best Logo Design Tools That Every Designer Must Know

  • Gaming
    How to Boost Your Online Video Game Streaming Experience?

    How to Boost Your Online Video Game Streaming Experience?

    The best Casino Tips, New And Methods Ways

    The best Casino Tips, New And Methods Ways

    The Best List of Pirate Bay Proxy and mirrors sites in 2021

    An Effective List of Pirate Bay Proxy and Mirrors Sites

    Bioshock 4

    3 Bioshock 4 Setting You Would Love to Explore

    Some of the Best Applications Available to Watch Movies Online

    How Does Animation Works And What Are Different Types Of Animations?

    Know about Ten Pin Bowling in India

  • Computers
    SAP

    SAP Training Programs For Future Managers

    Benefits of SD-WAN and How It Improves Productivity

    Should You Get a Gaming Laptop or Desktop? Here’s How to Decide

    Should You Get a Gaming Laptop or Desktop? Here’s How to Decide

    Why is SBCGlobal net email not working

    Why is SBCGlobal net email not working?

    3 Easy Ways Of How To Enable Touchpad On HP Laptop

    How to Choose Best PC for SEO & Marketing Specialist

    How to Choose Best PC for SEO & Marketing Specialist

  • Applications
    How to use Technology Specific Blowers for waste Water apps

    How to use Technology Specific Blowers for waste Water apps

    The Best List of Pirate Bay Proxy and mirrors sites in 2021

    An Effective List of Pirate Bay Proxy and Mirrors Sites

    Filmora vs corel videostudio

    Filmora VS Corel Video Studio – 2021 Features And Pricing Comparison

    Some of the Best Applications Available to Watch Movies Online

    How Does Animation Works And What Are Different Types Of Animations?

    best digital caliper

    Best Digital Caliper for 2020

    Why is SBCGlobal net email not working

    Why is SBCGlobal net email not working?

  • Security
    How to remove yourself from data broker sites

    How to remove yourself from data broker sites

    TheWiSpy Review: Mobile Phone Monitoring App

    Oil and Gas Industry

    Oil and Gas Workers’ Safety Products

    Top 7 Benefits of Commercial Security Systems in Your Business

    Top 7 Benefits of Commercial Security Systems in Your Business

    The 5 Most Important Benefits Of Effective Disaster Recovery Planning

    The 5 Most Important Benefits Of Effective Disaster Recovery Planning

    Vaughan Roof Repair

    Vaughan Roof Repair Company in Canada – Everything Need to Know

  • Software
  • Buy Themes and Plugins
No Result
View All Result
We Consent
No Result
View All Result
Home Bussiness

Common and Weird Types of FX Trading Orders

saahilk220 by saahilk220
December 11, 2020
Common and Weird Types of FX Trading Orders
Share on FacebookShare on Twitter

FX Trading order is a type of offer that uses the trading platform of the broker to either open or close a transaction if the specific instruction gets satisfied. There are different kinds of orders that a trader can place in the Forex market. Knowing these orders helps you determine the one that best suits you.

Different Order Types in Forex Trading

There are order types that are most commonly used by traders while others sound rather unique.

Market Order

This order is made whenever the best available price to buy or sell comes along. For instance, EUR/USD has a bid price of 1.2140 while the asking price is 1.2142. If wanting to buy this currency pair, it will be sold to the trader at 1.2142. So when you click to buy, the trading platform will automatically perform a buy order at that particular price.

However, it very important to bear in mind that the price depends on the market condition. There could be a difference between the selected price and the final price which was executed on the trading platform.

Limit Order

This type of order can either be placed at the ‘buy below the market’ or ‘sell above the market’. This limit order is a type of order placed when the market reached the ‘limit price’. You can place a ‘Buy Limit’ order when you buy below or at a specific price. Meanwhile, you can place the ‘Sell Limit’ order when you buy at a specified price or even a much better one.

You can use this order if you feel that the price will reverse right before hitting the specified price.

Stop Entry Order

This type of order stops the execution of the order pending a stop price. You can utilize stop orders on your trades when you want to purchase only when the price goes up until the stop price or sell it after it falls into the stop price.

You can use the “Buy Stop” order whenever you purchase at the price which is above the market price or when it triggers the market price and goes through the ‘Buy Stop’ price. Placing a ‘Sell Stop’ is also possible with Stop Entry Order. You can order to sell whenever a specific price is triggered.

Stop Loss Order

This is one of the most used orders in the market. The Stop Loss Order will automatically close out whenever the market price has reached a specific price, which can either be a profit or a loss.

The Stop Loss Order helps traders prevent from acquiring additional losses in case the market price goes against your trading plan. For long positions, it is called a ‘Sell Stop’ order. While for short positions, it is called the ‘Buy Stop’ order.

The orders above are known across the market and it is commonly used by traders. However, there are these so-called Weird FX Trading Orders that are worthy to be named.

  • Good ‘Till Cancelled (GTC)
  • Good for the Day (GFD)
  • One-Cancels-the-Other(OCO)
  • One-Triggers-the-Other (OTO)

These orders might sound weird but it is still important to know them just in case they come handy.

Tags: FX Trading
saahilk220

saahilk220

Next Post
best digital caliper

Best Digital Caliper for 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Key Tips for Business Growth via Digital Marketing

Key Tips for Business Growth via Digital Marketing

May 19, 2020
Coronavirus heros

Coronavirus heros, say thank you, coronavirus helpers.

December 21, 2020

Trending.

Top Ecommerce Trends 2021

Top E-commerce Trends That Will Rock In 2021

January 29, 2021
How Bulk SMS Marketing Can Be Of Help

How Bulk SMS Marketing Can Be Of Help

July 2, 2020
The Best List of Pirate Bay Proxy and mirrors sites in 2021

An Effective List of Pirate Bay Proxy and Mirrors Sites

January 7, 2021
bit coin vs gold

What is Bitcoin?

February 17, 2021
An Introduction to Xamarin Forms Shell Navigation

An Introduction to Xamarin Forms Shell Navigation

October 28, 2020

Ads

guest post marketplace

JPG optimizer BMP optimizer PNG optimizer JPEG optimizer TIFF optimizer GIF optimizer JPG compressor BMP compressor PNG compressor JPEG compressor TIFF compressor GIF compressor

PNG to JPEG PNG to BMP PNG to TIFF TIFF to PNG TIFF to JPEG TIFF to BMP JPEG to PNG JPEG to BMP JPEG to TIFF GIF to PNG GIF to JPEG GIF to BMP BMP to JPEG BMP to PNG BMP to TIFF GIF to TIFF

We Consent

We Consent can also deliver fresh topic ideas for blog posts, website content, and social media posts.

Follow Us

Categories

  • Apple
  • Applications
  • Bug & Error
  • Bussiness
  • CMS
  • Computers
  • Crypto Currency
  • Digital Marketing
  • E-Commerce
  • Gaming
  • Gear
  • Hardware
  • Microsoft
  • Mobile
  • Networking
  • Photography
  • Programming
  • Promotion
  • Review
  • Security
  • SEO
  • Social Media
  • Software
  • Uncategorized
  • Website Design
  • Website development
  • wordpress

Useful Links

  • Ahval News Six |
  • seowebcure |
  • Arteazul |
  • Pick2Web |
  • guest posts |
  • Kartbliss |
  • Buy Backlinks |
  • Life in Cities |
  • Make Money Online |
  • Optimizepic |
  • Top Aptitude |
  • India News Live |
  • News Angels |

Recent News

How to use Technology Specific Blowers for waste Water apps

How to use Technology Specific Blowers for waste Water apps

February 27, 2021
How to remove yourself from data broker sites

How to remove yourself from data broker sites

February 25, 2021
  • About us
  • Contact us
  • Privacy Policy

© 2020 We Consent

No Result
View All Result
  • Home
  • Review
  • Apple
  • Applications
  • Computers
  • Gaming
  • Microsoft
  • Photography
  • Security
  • News
  • Buy Themes and Plugins

© 2020 We Consent

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In