Provide commands

J Forex trading , when you buy a currency , you'll need to sell another currency in return . If you expect that the price of the base currency will rise compared with the same currency , you can choose to buy Center ( proceed ) . You can then close this place to sell when the price is reached the top. Instead , if you think that the price of the base currency will fall compared with the same currency , it will sell and enter into a short position. The idea of this is to cover your position to resume selling at a lower price .
Types of Orders
A market order is served when the Forex trader wants to enter the center immediately at the best available price at the time. Among the possible defects in a market orders that if the market moved quickly , the order is filled at a different price from the price you wanted . And called difference to slide .
Instead , if you're worried about getting the appropriate price , and you have the desire to wait and enter the market when you meet these requirements , we will place a pending order .
There are many different types of orders outstanding in forex trading :


· Under purchase - this is served when Forex traders believe that the price will begin to rise after the first landing to a specified level . And is being implemented when the demand is equal to the price is stuck .
· Buy Stop - This command is provided when the Forex trader believes that the price will continue to rise after that exceed a certain level . Also being implemented this type of outstanding orders at the asking price .
· Being sold - this is served when Forex traders believe that the price will begin to fall after that up to a certain level . And is being implemented when the price is equal to the supply is stuck .
· Turn off sale - this is served when the Forex trader believes that the price will continue to fall after landing from a specified level . Also being implemented this type of outstanding orders at the offer price .


Stops
Stop loss ( or ordered off ) is an additional type of outstanding orders designed to stop the losses by automatic closing your position if the price moves in the direction different to what I expected .
If you buy a long center , you 'll set something off somewhere down Qiedk to protect yourself from sudden decline . If you sell short center , you 'll put something off somewhere above it, in anticipation of a rise unexpectedly. You can also follow the order off the price as soon as it moves in your favor , and in this case be known that he ordered off for later .
Suspension order will be closed automatically under a long position in the case of contact with the rate of supply and is being carried out off topic on a short position when touching the price of demand .
Pleural Profit
The other thing that may lead to automatically close your position order is called pleural Profit (TP). In the same way designer out is off to protect your position in the event of something unexpected , the command pleural profit ensures close your position in the case of reaching your price target when they are not available, or in the market fast-moving when it is probable that the price reaches the target way too fast do not let you take the reaction . And generally a good idea to set the breakpoint and the target point when entering new positions.
Being in the habit identifying the target point above the current price if you are in a long position , and without the current price if you are in a short position. For long positions , will be implemented in order to reap the profit when the offer price is equal to the amount that you specify . For short positions , the price must be equal to the amount of demand profit - taking .