Types of Forex trading orders

Types of Forex trading orders

Express requests or market orders (Orders) is an expression indicating the set of commands that you will enter into your trading platform with a brokerage firm.

Here we will discuss the different types of applications that can be placed in the foreign exchange market and you must know that the orders vary from brokerage firm to another chose what suits your trading.

Order Market Order Market Order

To open transactions (buy or sell) in the currency pair at the current price directly from Nafez trading prices.

Simply go to a window screen trading prices and press the mouse price of the currency pair, whether buying or selling transaction is performed

Is Alantraj Order Entry Order

This means that to buy or sell in the current price, and is typically used to automatically open the deal if the price reaches to the entrance command will be executed automatically and enter at the price you want.

How do I close the deal Close Position

To close the deal this is a very simple, all you have to click the mouse on the price under the Close box inside a ticket open position in the window of the open positions and will close the deal, as in the

example 1.47758 price is the closing price.

How do I put a stop loss order Stop-Loss Order

This is very excellent private who wants to manage money properly, and this is inserted through the introduction of price limit losses if reached the market that price will close the deal automatically this limit losses so as not to worsen the losses too much and caused greater losses can be adjusted these requests or canceled at any time. Is hedging Hedging

Hedging means that you open the purchase and sale of the same currency pair at the same time.

When should I use the hedging?

Is performed on transactions in the markets of long-trapped.

How start deal Hedge?

For example, open purchase 1 Lute worth 10,000 units in the EUR USD