Speaking of foreign exchange forextradingwebsiteonline cashback forex trading how to place orders, many people may know half, here to highlight the knowledge of foreign exchange pending orders trading What is foreign exchange pending orders trading? Foreign exchange pending order trading refers to the investor to the system issued one or more ideal trading forex trading site and the number of trading orders, once the price reaches the investor set price, the system will receive instructions and automatically open a position foreign exchange pending order trading and what types? There are four types of pending order transactions: 1, Buystop: stop-loss buy refers to the forextradingbrokerwebsite price relative to the current price above the price of the pending order to buy operation instructions; 2, Buylimit: limit buy refers to the current price relative to the current price, below the current price of the pending order to buy operation instructions; 3, Sellstop: stop-loss sell refers to the current price relative to the current price, below the current price of the pending order to sell operation instructions 1, regardless of buy or sell, as long as the stop must be the continuation of the trend; the same regardless of buy or sell, as long as the limit must be the reversal of the trend so in the time of pending orders can be stop as a continuation of the trend, limt as a reversal of the trend so that when you hang a single will not choose the wrong type of pending orders 2, it should be noted that the dealer will specify the price of pending orders and the market price must have a certain spread distance pending orders trading is particularly common method, because instant trading is never in the most ideal point deal, unless you just catch a very good entry point, then of course, do not hesitate to The single pending transaction is divided into "low more", "high short", "chase up", "chase down" four kinds of trading mode "low": is the current price under the low to do more; "high": is the current price above the high to do short; "chase up": above the current price to do more; " chase down": short under the current price of which low and high is clear market trend, seize the opportunity to step back in the trend trading; chase up and chase down is after the breakthrough of key points, can indicate that the market will continue the previous trend; recommended the use of "chase up" and "chase down "when the first single with a small position to test, after all, after the breakthrough may back to step, in the back to step on the use of" low more "or" high short "to add positions to note that the total position is not too large, beyond the control of easy to burst, has used the advance at most Do not exceed 30% of the balance at most
