how to set pending orders

When you set a pending order, you select a level where you want to trade when price touches the level. e.g, if price is at 1, then you set pending order to 3, when price goes up and touch level 3, your order will be executed.

there are 4 types of pending orders which are, Buy Limit, Sell Limit, Buy Stop, Sell Stop.
We only use Buy Stop and Sell Stop in this Strategy.

Before you set Buy Stop or Sell Stop, Make sure that on Mt4 you can see this grey line that shows the current price

* Current Price - is a level where a price is - at the current moment. if you open a MetaTrader 4, you will see a level at which price is. the level keeps on fluctuating. during forex news, the price will shoot up or down and make a significant shift

Is far much easier to set pending orders with a Computer than with a phone

Lets Set Pending Orders with Computer

How to set Buy Stop

to set a Buy Stop, click anywhere above the current price, then right click, choose "Trading", click "Buy Stop". If you right click below current price, you are going to see Sell Stop instead of Buy Stop. there is another way to set buy stop and sell Stop buy this is the easiest way.
We will consider volume and pips in the Strategy chapter. do not worry about them now



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what is forex
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We did not finish to Add content for is App. We are busy Adding content to make forex easy for newbies and to give them Strategy to survive in the market. you will have to update to the new App to get complete information that includes

what is forex
what is forex trading
where do i fit in forex trading
difference of forex and liquid provided forex
liquidity providers
brokers
list of good brokers
forex news
preparing to trade
time to trade
strategies
live videos