How to Set Pending Orders For Forex

Hey Rich Friends,

Today, I will explain how I use market orders when trading in the Forex Market.

By taking advantage of this option, I am able to enter my trades with less anxiety and never experience FOMO when I have pending orders set hours and days in advance.

Here are 5 Types of orders you should know:

1. Market Execution: Buying or Selling at the current price in the direction you expect the market to go. Adjust your TP and SL accordingly.

2. Buy Limit: The entry point is set BELOW the current market, but the price is still expected to rise and continue buying.

3. Buy Stop: The entry point is set ABOVE the current market, but the price is still expected to rise and continue buying.

4. Sell Limit: The entry point is set ABOVE the current market, but the price is still expected to fall and continue selling.

4. Sell Stop: The entry point is set BELOW the current market, but the price is still expected to fall and continue selling.

I hope this helps someone!

- Peace and Profits, Cha