Dukascopy
 
 
Wiki JStore Search Login

order questions
 Post subject: order questions Post rating: 0   New post Posted: Thu 25 Aug, 2011, 07:05 

User rating: -
Would someone please explain to me the differences of orders when you right click on a chart (lets say below market value). I know you can place a bid below market value but the other 3 confuse me which are,
1. BUY LIMIT @
2. SELL STOP BY ASK @
3. SELL STOP BY BID @

What are the differences between these 3 orders and how are they different then just placing a regular bid.

If someone would be as so kind to answer this, it would be much appreciated, thank you.


 
 Post subject: Re: order questions Post rating: 0   New post Posted: Mon 05 Sep, 2011, 09:09 
JForex Master
User avatar

User rating:
Joined: Wed 16 Sep, 2009, 18:23
Posts: 1054
Location: Geneva, Switzerland
There are 4 pending order options in total if you right click the chart below the market:

1. Place Limit order (not visible in the Market depth)
2. Place Stop order, which will trigger when the BID is equal the price set
3. Place Stop order, which will trigger when the ASK is equal the price set
4. Place Limit Order (Place BID) (visible in the Market depth if size is greater than 100K)

The differences between Stop and Limit order can be found on the free internet recources


 

Jump to:  

  © 1998-2025 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com