2.4 Market order, buy limit, sell limit, buy stop, sell stop, stop loss and profit targets
Channel: Capex Forex Trading
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Different types of trading scenarios require different types of orders. In this Forex training video we discuss the main order types that can be executed in a Forex chart.
Other than the market order, all other order types are pending orders. This means that entry price levels are defined before the market reaches them. Once that price level is reached the orders are automatically executed.