wrapper

Last Added

With the increasing globalization of world markets, many people started to use forex orders because of high liquidity on the global forex market while making buying – selling transactions. If you are standing on the purchasing side of trading, and if you are following to buy a position, the concept of buy limit and buy stop will assist you in this process.

Buy Stop Orders:

In case the market price increases, the buy stop orders will step in and you will have a position with your determined level. For example :

If you are making buying – selling transactions on EUR / USD parity on the global forex market, let’s check.

The buying – selling prices of EUR / USD : 1.2886/1.2882

If the price level of buying increases to 1.2896 with a 10 pip increase, and if you determined a buy stop order, you will purchase your position from 1.2896 level.

Buy Limit Orders :

In case the market price decreases, the buy limit orders will step in and you will have a position with your determined level. For example :

If you are making buying – selling transactions on EUR / USD parity on the global forex market, let’s check.

The buying – selling prices of EUR / USD : 1.2886/1.2882

If the price level of buying decreases to 1.2866 with a 20 pip decrease, and if you determined a buy limit order, you will purchase your position from 1.2866 level.

Comment Send