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    Thread: Buy and sell limit? (Part 3)

    1. #41
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      Buy limits and sell limits are market orders given as an instruction by the trader to the market to start to act in particular way when particular prices have been achieved in the market, this types of orders create freedom for traders as it helps them to do something else while the market takes care of some of their trading activities.

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    3. #42
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      Buy and sell limit are both called the pending orders and it's not yet finish. We also have the sell stop and the buy stop, explaining this will take much time. It's just a way of placing order in advance. For example of we think the market will begin to be bullish then we can place a buy stop

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      Quote Originally Posted by sonibark View Post
      Buy and sell limit are both called the pending orders and it's not yet finish. We also have the sell stop and the buy stop, explaining this will take much time. It's just a way of placing order in advance. For example of we think the market will begin to be bullish then we can place a buy stop
      Even if it takes time we should explain it to other members. BTW, we put buy stop when the price is rising and we think if the price break a specific level, it'd be a buy signal cuz the price will continue rising further.When we think the price will rebound from a specific level after falling down, the pending order here is buy limit.

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      limit orders good opportunity to trade market that is flat and not in a strong trend. i used buy and sell limit only few times when price on some pairs was in one range and close to my 200 ma moving average. then i see price dont go up or down fast and big pip amount and i can use such orders to open trade at certain price level.

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      yes we have buying and selling orders that can be put in pending because most times we can not be in the market so the market will help us to put our trade in motion as long as we have been able to set the parameters and the conditions have been met in the market.

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