Forex Order TypesThe 4 most popular Forex order types are

Market, Limit, Stop and Stop Loss

Know what they are and how to use them to better manage your trades...

Probably the most common Forex Order type of all

Market orders are used toenter or exit the market immediately at...

the Current Market price

Market OrdersBUY or SELL at the Current Market price

Buy Sell

Simply, a Buy Limit order is used to BUY at a priceBELOW the Current Market price

A Sell Limit order is used to SELL at a priceABOVE the Current Market price

BUY at my “Limit” priceif the Current Market price

FALLS to that level or

SELL at my “Limit” priceif the Current Market price

RISES to that level

Limit Orders

Simply, a Buy Stop Order is used to BUY at a priceABOVE the Current Market price

A Sell Stop Order is used to SELL at a priceBELOW the Current Market price

BUY at my “Stop” priceif the Current Market price

RISES to that level or

SELL at my “Stop” priceif the Current Market price

FALLS to that level

Stop Orders

“Liquidate my position”

Close (SELL) my Open Long positionat my “Stop loss” if price

FALLS to that level

Close (BUY) my Open Short Positionat my “Stop loss” if price

RISES to that level

Probably the most important Forex Order type of all

Always linked to another Order (open trade/position)a Stop Loss is used to limit losses

Stop Loss (Orders)

Produced by

Know your Forex order types and how to use them

Never trade without a Stop Loss

Forex Order Types