How Do I Set a Pending Bitcoin Order on MetaTrader 4 iPhone App

There are various types of orders which a btc usd trader can use to trade in BTCUSD Crypto.

Traders should learn and understand about all the various orders so as make use of the correct btcusd cryptocurrency order for its correct purpose. The Most important thing to remember about is this: Always understand the orders you place when bitcoin crypto currency trading. Never place a btcusd cryptocurrency order which you as a bitcoin trader are not entirely knowledgeable about. Given below are basic definitions of the commonly used types of orders:

Types of BTCUSD Market Orders & Types of Pending Bitcoin Orders

BTCUSD Trade Market Order

This is the most basic type of trade order, market order is used to buy or sell at the current ask or bid bitcoin quote bitcoin price. This refers to the quoted bitcoin price which appears & is shown on your bitcoin crypto currency platform.

This type of order is used for buying or selling according to the current exchange rate quotation in Bitcoin Market, the execution is instant. The minute you want to enter a position you can buy and sell btcusd crypto at a click of a button using a market order.

Bitcoin Entry BTCUSD Orders

These are orders used to open a new trade after the btcusd market reaches a bitcoin price given by the trader.

Entry orders are used to buy or sell btcusd crypto when it attains a certain btcusd crypto price target.

When a specific btcusd crypto price level is reached or broken then a btcusd crypto entry trade order is executed.

These BTCUSD Crypto Entry Bitcoin Crypto Currency Orders are used to enter a bitcoin crypto currency trade at a specified bitcoin crypto currency price level. It is almost impossible to monitor the btcusd market every second & this is why a crypto entry order can be handy. If you feel the btcusd cryptocurrency market might take a certain action, such as break through a particular btcusd crypto price level which it has been touching but it hasn't been able to break, you would want to use a Bitcoin Crypto Currency Entry Limit Bitcoin Crypto Currency Order. Once the btcusd crypto market crosses your given level, your entry limit btcusd crypto trade order is executed.

There are two various different types of entry orders - limit btcusd crypto currency order & stop entry order.

The entry orders are also referred to as pending btcusd crypto trade orders.

BTCUSD Trading Entry Limit Bitcoin Order

An order to buy or sell at a specific limit.

An entry limit bitcoin crypto currency order can be used to buy below the current btcusd crypto price or sell above the current btcusd crypto price.

When buying, crypto entry limit is executed when the bitcoin price drops to your limit zone that you have set.

When selling, crypto entry limit is executed when the bitcoin price rises to your limit zone that you have set.

These Bitcoin Entry Limit Bitcoin Orders are set by bitcoin traders when they expect the btcusd market to bounce-back after reaching the bitcoin price level that the bitcoin entry limit was placed.

Buy Limit BTCUSD Crypto OrderSpecifies to buy at a level that is below the current market btcusd crypto price

Sell Limit BTCUSD Crypto OrderSpecifies to sell at a level that is above the current market btcusd crypto price

How to Set Buy Stop Bitcoin Order & Sell Stop Bitcoin Order in MT4 App - How Do I Place a Pending Bitcoin Order on MetaTrader 4 iPhone App - Pending Bitcoin Order MT4 iPhone

Pending BTCUSD Crypto Orders

A entry stop pending order to buy above the current bitcoin price or to sell below the current bitcoin price.

When buying, crypto entry stop pending order is executed as the btcusd market goes up & hits the buy stop level.

When selling, crypto entry stop pending order is executed as the btcusd market goes down & hits the sell stop level.

Buy Stop BTC/USD Crypto OrderSpecifies to buy at a level that is above the current market btcusd crypto price.

Sell Stop BTCUSD Crypto OrderSpecifies to sell at a level that is below the current market bitcoin price.

How to Set Buy Stop Bitcoin Order & Sell Stop Bitcoin Order on MetaTrader 4 iPhone Phone Trading App - How Do I Set a Pending Bitcoin Order on MetaTrader 4 iPhone App - Pending Bitcoin Order MT4 iPhone

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