Forex Orders

Forex Orders – How to Enter or Exit a Trade?

Which order is the right order?

Forex Orders

Other than the market order, which is entering/exiting at the current market price, there are four orders you should be aware of.

Forex Orders


Buy Stop

The order is placed above the current price when you anticipate the price to rise further than the entry.


Sell Stop

The order is placed below the current price when you anticipate the price to drop further than the entry.


Buy Limit

The order is placed below the current price when you anticipate the price to rise back up from the entry.


Sell Limit

The order is placed above the current price when you anticipate the price to drop back below the entry.

Comment below for order discussions.

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Forex Survival Manual